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Debt (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
Debt outstanding and interest rates at December 31 were as follows (in millions):
 
 
 
 
 
Interest Rates
 
Debt
 
Average Contractual
 
Average Effective
 
2017
 
2018
 
2017
 
2018
 
2017
 
2018
Short-term debt
 
 
 
 
 
 
 
 
 
 
 
Unsecured debt
 
 
 
 
 
 
 
 
 
 
 
Floating rate demand notes
$
5,660

 
$
5,880

 
 
 
 
 
 
 
 
Commercial paper
4,889

 
3,749

 
 
 
 
 
 
 
 
Other short-term debt
5,890

 
4,213

 
 
 
 
 
 
 
 
Asset-backed debt
786

 
943

 
 
 
 
 
 
 
 
Total short-term debt
17,225

 
14,785

 
3.0
%
 
3.5
%
 
3.0
%
 
3.5
%
Long-term debt
 
 
 
 
 
 
 
 
 
 
 
Unsecured debt
 
 
 
 
 
 
 
 
 
 
 
Notes payable within one year
13,298

 
14,373

 
 
 
 
 
 
 
 
Notes payable after one year
55,687

 
52,409

 
 
 
 
 
 
 
 
Asset-backed debt
 
 
 
 
 
 
 
 
 
 
 
Notes payable within one year
17,817

 
22,130

 
 
 
 
 
 
 
 
Notes payable after one year
34,051

 
36,844

 
 
 
 
 
 
 
 
Unamortized (discount) / premium
(1
)
 
2

 
 
 
 
 
 
 
 
Unamortized issuance costs
(228
)
 
(211
)
 
 
 
 
 
 
 
 
Fair value adjustments (a)
(21
)
 
(186
)
 
 
 
 
 
 
 
 
Total long-term debt
120,603

 
125,361

 
2.5
%
 
2.8
%
 
2.6
%
 
2.8
%
Total debt
$
137,828

 
$
140,146

 
2.6
%
 
2.8
%
 
2.6
%
 
2.9
%
 
 
 
 
 
 
 
 
 
 
 
 
Fair value of debt
$
139,677

 
$
138,888

 
 
 
 
 
 
 
 
Interest rate characteristics of debt payable after one year
 
 
 
 
 
 
 
 
 
 
 
Fixed interest rate
65,569

 
61,749

 
 
 
 
 
 
 
 
Variable interest rate (generally based on LIBOR or other short-term rates)
24,169

 
27,504

 
 
 
 
 
 
 
 
Total payable after one year
$
89,738

 
$
89,253

 
 
 
 
 
 
 
 

__________
(a) These adjustments relate to designated fair value hedges. The carrying value of hedged debt was $39.0 billion and $38.0 billion at December 31, 2017 and 2018, respectively.
Schedule of Maturities of Long-term Debt [Table Text Block]
Debt maturities at December 31, 2018 were as follows (in millions):
 
2019 (a)
 
2020
 
2021
 
2022
 
2023
 
Thereafter (b)
 
Total
Unsecured debt
$
28,215

 
$
15,073

 
$
15,288

 
$
8,343

 
$
5,895

 
$
7,810

 
$
80,624

Asset-backed debt
23,073

 
19,004

 
7,865

 
4,487

 
2,595

 
2,893

 
59,917

Total
51,288

 
34,077

 
23,153

 
12,830

 
8,490

 
10,703

 
140,541

Unamortized discount
 
 
 
 
 
 
 
 
 
 
 
 
2

Unamortized issuance costs
 
 
 
 
 
 
 
 
 
 
 
 
(211
)
Fair value adjustments
 
 
 
 
 
 
 
 
 
 
 
 
(186
)
Total debt


 


 


 


 


 


 
$
140,146

__________
(a)
Includes $14,785 million for short-term and $36,503 million for long-term debt.
(b)
Matures between 2024 and 2028.