Derivative Financial Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Income Effect of Derivative Instruments [Table Text Block]

The following table summarizes by hedge designation the pre-tax gains/(losses) recorded in Other comprehensive income/(loss) ("OCI"), reclassified from Accumulated other comprehensive income/(loss) ("AOCI") to income and/or recognized directly in income for the years ended December 31 (in millions):

	2012									2011								2010
	Gain/(Loss) Recorded in OCI			Gain/(Loss) Reclassified from AOCI to Income			Gain/(Loss) Recognized in Income			Gain/(Loss) Recorded in OCI			Gain/(Loss) Reclassified from AOCI to Income		Gain/(Loss) Recognized in Income			Gain/(Loss) Recorded in OCI			Gain/(Loss) Reclassified from AOCI to Income		Gain/(Loss) Recognized in Income
Automotive Sector
Cash flow hedges
Foreign currency exchange contracts	$	(371	)	$	(377	)	$	1		$	(100	)	$	119	$	(3	)	$	(7	)	$	17	$	—
Derivatives not designated as hedging instruments
Foreign currency exchange contracts							$	(138	)						$	20							$	(183	)
Commodity contracts							(65		)						(423		)						68
Other – warrants							(4		)						(1		)						2
Total							$	(207	)						$	(404	)						$	(113	)
Financial Services Sector
Fair value hedges
Interest rate contracts
Net interest settlements and accruals excluded from the assessment of hedge effectiveness							$	177							$	217							$	225
Ineffectiveness (a)							16								(30		)						(6		)
Total							$	193							$	187							$	219
Derivatives not designated as hedging instruments
Interest rate contracts							$	(14	)						$	(5	)						$	38
Foreign currency exchange contracts							(70		)						(48		)						(88		)
Cross-currency interest rate swap contracts							(150		)						(3		)						(1		)
Other (b)							(81		)						65								—
Total							$	(315	)						$	9							$	(51	)

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(a) For 2012, 2011, and 2010, hedge ineffectiveness reflects change in fair value on derivatives of $228 million gain, $433 million gain, and $117 million gain, respectively, and change in value on hedged debt attributable to the change in benchmark interest rate of $212 million loss, $463 million loss, and $123 million loss, respectively.

(b) Reflects gains/(losses) for derivative features included in the FUEL Notes (see Note 4).

Balance Sheet Effect of Derivative Instruments [Table Text Block]

The following table summarizes the notional amount and estimated fair value of our derivative financial instruments (in millions):

	December 31, 2012						December 31, 2011
	Notional		Fair Value of Assets		Fair Value of Liabilities		Notional		Fair Value of Assets		Fair Value of Liabilities
Automotive Sector
Cash flow hedges
Foreign currency exchange contracts	$	17,663	$	150	$	357	$	14,535	$	120	$	368
Derivatives not designated as hedging instruments
Foreign currency exchange contracts	9,225		68		129		5,692		92		80
Commodity contracts	1,854		23		124		2,396		2		372
Other – warrants	—		—		—		12		4		—
Total derivatives not designated as hedging instruments	11,079		91		253		8,100		98		452
Total Automotive sector derivative financial instruments	$	28,742	$	241	$	610	$	22,635	$	218	$	820
Financial Services Sector
Fair value hedges
Interest rate contracts	$	16,754	$	787	$	8	$	7,786	$	526	$	—
Derivatives not designated as hedging instruments
Interest rate contracts	68,919		504		248		70,639		670		237
Foreign currency exchange contracts	2,378		9		8		3,582		30		50
Cross-currency interest rate swap contracts	3,006		—		117		987		12		12
Other (a)	—		—		—		2,500		137		—
Total derivatives not designated as hedging instruments	74,303		513		373		77,708		849		299
Total Financial Services sector derivative financial instruments	$	91,057	$	1,300	$	381	$	85,494	$	1,375	$	299

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(a) Represents derivative features included in the FUEL Notes (see Note 4). The derivative features included in the FUEL Notes were extinguished as a result of the mandatory exchange of the FUEL Notes to unsecured notes in the second quarter of 2012.