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Net Property and Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Net property at December 31 was as follows (in millions):



Automotive Sector	2014			2013
Land	$	351		$	440
Buildings and land improvements	10,601			10,325
Machinery, equipment and other	33,381			34,830
Software	2,122			2,069
Construction in progress	1,719			2,110
Total land, plant and equipment and other	48,174			49,774
Accumulated depreciation	(29,134		)	(31,476		)
Net land, plant and equipment and other	19,040			18,298
Tooling, net of amortization	10,755			9,194
Total Automotive sector	29,795			27,492
Financial Services sector (a)	331			124
Total Company	$	30,126		$	27,616

__________


(a)	Included in Other assets on our sector balance sheet.

Schedule of Property Related Expenses [Table Text Block]

Automotive sector property-related expenses for the years ended December 31 were as follows (in millions):



	2014		2013		2012
Depreciation and other amortization	$	2,092	$	2,110	$	1,794
Tooling amortization	2,160		1,954		1,861
Total	$	4,252	$	4,064	$	3,655

Maintenance and rearrangement	$	1,523	$	1,422	$	1,352

Schedule of Change in Asset Retirement Obligation [Table Text Block]

Estimates of the fair value liabilities for our conditional asset retirement obligations that are recorded in Other liabilities and deferred revenue at December 31 were as follows (in millions):



	2014			2013
Beginning balance	$	246		$	267
Liabilities settled	(11		)	(5		)
Revisions to estimates	(7		)	(16		)
Ending balance	$	228		$	246

Operating Leases of Lessee Disclosure [Table Text Block]

Minimum non-cancellable operating lease commitments at December 31, 2014 were as follows (in millions):



	2015		2016		2017		2018		2019		Thereafter		Total
Automotive sector	$	211	$	166	$	117	$	70	$	51	$	64	$	679
Financial Services sector	57		53		41		22		12		19		204
Total Company	$	268	$	219	$	158	$	92	$	63	$	83	$	883

Operating lease expense for the years ended December 31 was as follows (in millions):



	2014		2013		2012
Automotive sector	$	423	$	411	$	404
Financial Services sector	101		105		106
Total Company	$	524	$	516	$	510

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

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