Fair Value Measurments

NOTE 10.  Fair Value Measurements
		Fair Value
(Millions)		at			Fair Value Measurements
		June 30,			Using Inputs Considered as
Description		2009			Level 1			Level 2			Level 3
Assets:
Available-for-sale:
Marketable securities:
Agency securities		$	186		$	—		$	186		$	—
Corporate securities		152			—			152
Asset-backed securities:
Credit cards related		83			—			83			—
Automobile loans related		122			—			122			—
Other		30			—			30			—
Treasury securities		83			83
Auction rate securities		4			—			—			4
Other securities		25			—			25			—
Investments		6			6			—			—
Derivative instruments — assets		100			44			56			—
Liabilities:
Derivative instruments — liabilities		231			145			86			—
		Fair Value
(Millions)		at			Fair Value Measurements
		Dec.  31,			Using Inputs Considered as
Description		2008			Level 1			Level 2			Level 3
Assets:
Available-for-sale:
Marketable securities:
Agency securities		$	380		$	—		$	380		$	—
Corporate securities		207			—			207			—
Asset-backed securities:
Credit cards related		40			—			40			—
Automobile loans related		49			—			49			—
Other		22			—			22			—
Treasury securities		14			14			—			—
Auction rate securities		1			—			—			1
Other securities		12			—			12			—
Investments		5			5			—			—
Derivative instruments — assets		279			221			58			—
Liabilities:
Derivative instruments — liabilities		212			99			113			—
The following table provides a reconciliation of the beginning and ending balances of items measured at fair value on a recurring basis in the table above that used significant unobservable inputs (Level 3).
(Millions)		Three-months ended June 30,						Six-months ended June 30,
Marketable securities — auction rate securities only		2009			2008			2009			2008
Beginning balance		$	—		$	11		$	1		$	16
Total gains or losses:
Included in earnings		—			(2		)	—			(3
Included in other comprehensive income		4			1			3			(3
Purchases, issuances, and settlements		—			—			—			—
Transfers in and/or out of Level 3		—			—			—			—
Ending balance (June 30)		4			10			4			10
Additional losses included in earnings due to reclassifications from other comprehensive income for securities still held at June 30		—			(6		)	—			(6