MARKETABLE AND OTHER SECURITIES

We hold various investments classified as marketable securities, including U.S. government and non-U.S. government securities, securities issued by non-U.S. government agencies, corporate obligations and equities, and asset-backed securities.

We record marketable securities at fair value. Realized and unrealized gains and losses and interest income are recorded in Automotive interest income and other income/(expense), net and Financial Services other income/(loss), net. Realized gains and losses are measured using the specific identification method.

Investments in Marketable Securities

Investments in marketable securities were as follows (in millions):



	December 31, 2012				December 31, 2011
	Fair Value		Unrealized Gains/(Losses) (a)		Fair Value			Unrealized Gains/(Losses) (a)
Automotive sector	$	18,178	$	52	$	14,984		$	(93	)
Financial Services sector	2,106		6		3,835			(9		)
Intersector elimination (b)	—		—		(201		)	—
Total Company	$	20,284	$	58	$	18,618		$	(102	)

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(a)	Unrealized gains/(losses) for period related to instruments still held.


(b)	"Fair Value" reflects an investment in Ford Credit debt securities shown at a carrying value of $201 million (estimated fair value of which was $201 million) at December 31, 2011. This investment matured in 2012.

Other Securities

Investments in entities that we do not control and over which we do not have the ability to exercise significant influence are recorded at cost and included in Other assets. These cost method investments were as follows (in millions):



	December 31, 2012		December 31, 2011
Automotive sector	$	21	$	21
Financial Services sector	5		5
Total Company	$	26	$	26