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Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2014
Fair Value Disclosures [Abstract]  
Fair Value, Assets And Liabilities Measured On Recurring Basis
The following table presents our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level 1 refers to fair values determined based on quoted prices in active markets for identical assets. Level 2 refers to fair values estimated using significant other observable inputs and Level 3 includes fair values estimated using significant unobservable inputs. 
 
September 30, 2014
 
December 31, 2013
 
Total

 
Level 1

 
Level 2

 
Level 3
 
Total

 
Level 1

 
Level 2

 
Level 3

Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market funds

$1,904

 

$1,904

 
 
 
 
 

$3,783

 

$3,783

 
 
 
 
Available-for-sale investments
9

 
9

 
 
 

 
8

 
6

 
 
 

$2

Derivatives
38

 
 
 

$38

 
 
 
86

 
 
 

$86

 
 
Total assets

$1,951

 

$1,913

 

$38

 

 

$3,877

 

$3,789

 

$86

 

$2

Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivatives

($133
)
 
 
 

($133
)
 
 
 

($79
)
 
 
 

($79
)
 
 
Total liabilities

($133
)
 

 

($133
)
 

 

($79
)
 

 

($79
)
 
Fair Value, Assets Measured On Nonrecurring Basis Using Unobservable Inputs
Certain assets have been measured at fair value on a nonrecurring basis using significant unobservable inputs (Level 3). The following table presents the nonrecurring losses recognized for the nine months ended September 30 due to long-lived asset impairment and the fair value and asset classification of the related assets as of the impairment date:
  
2014
 
2013
 
Fair
Value

 
Total
Losses

 
Fair
Value

 
Total
Losses

Operating lease equipment

$157

 

($92
)
 

$28

 

($21
)
Property, plant and equipment
19

 
(14
)
 
39

 
(12
)
Total

$176

 

($106
)
 

$67

 

($33
)
Fair Value, Assets Measured On Nonrecurring Basis, Valuation Techniques
For Level 3 assets that were measured at fair value on a nonrecurring basis during the nine months ended September 30, 2014, the following table presents the fair value of those assets as of the measurement date, valuation techniques and related unobservable inputs of those assets.
 
Fair
Value
 
Valuation
Technique(s)
 
Unobservable Input
 
Range
Median or Average
Operating lease equipment
$157
 
Market approach
 
Aircraft value publications
 
$102 - $180(1)
Median $155
 
 
Aircraft condition adjustments
 
($31) - $7(2)
Net ($24)
(1) 
The range represents the sum of the highest and lowest values for all aircraft subject to fair value measurement, according to the third party aircraft valuation publications that we use in our valuation process.
(2) 
The negative amount represents the sum for all aircraft subject to fair value measurement, of all downward adjustments based on consideration of individual aircraft attributes and condition. The positive amount represents the sum of all such upward adjustments.
Fair Values And Related Carrying Values Of Financial Instruments
The fair values and related carrying values of financial instruments that are not required to be remeasured at fair value on the Condensed Consolidated Statements of Financial Position were as follows:
 
September 30, 2014
 
Carrying
Amount

Total Fair
Value

Level 1
Level 2

Level 3

Assets
 
 
 
 
 
Accounts receivable, net

$7,799


$7,836

 

$7,836

 
Notes receivable, net
432

461

 
461

 
Liabilities
 
 
 
 
 
Debt, excluding capital lease obligations
(8,724
)
(10,367
)
 
(10,152
)
(215
)
 
December 31, 2013
 
Carrying
Amount

Total Fair
Value

Level 1
Level 2
Level 3
Assets
 
 
 
 
 
Accounts receivable, net

$6,546


$6,525

 

$6,525

 
Notes receivable, net
572

622

 
622

 
Liabilities
 
 
 
 
 
Debt, excluding capital lease obligations
(9,483
)
(10,897
)
 
(10,897
)