v2.4.0.6
Product Warranty Liability
3 Months Ended
Mar. 31, 2012
Product Warranty Liability [Abstract]  
Product Warranty Liability [Text Block]
Product Warranty Liability

The following table summarizes activity for policy, product warranty, recall campaigns and certified used vehicle warranty liabilities (dollars in millions):
 
Three Months Ended March 31,
 
2012
 
2011
Balance at beginning of period
$
6,600

 
$
6,789

Warranties issued and assumed in period
864

 
725

Payments
(916
)
 
(941
)
Adjustments to pre-existing warranties
233

 
117

Effect of foreign currency translation
60

 
78

Balance at end of period
$
6,841

 
$
6,768