v2.4.0.6
Commitments And Contingencies (Tables)
6 Months Ended
Jun. 30, 2012
Commitments and Contingencies [Abstract]  
Commitment and contingencies [Table Text Block]
The following tables summarize information related to commitments and contingencies (dollars in millions):
 
June 30, 2012
 
December 31, 2011
 
Liability
Recorded
 
Maximum
Liability(a)
 
Liability
Recorded
 
Maximum
Liability(a)
Guarantees(b)
 
 
 
 
 
 
 
Operating leases
$

 
$
9

 
$

 
$
26

Ally Financial commercial loans
$
4

 
$
8

 
$

 
$
24

Third party commercial loans and other obligations
$
7

 
$
246

 
$
7

 
$
210

Other product-related claims
$
55

 
$
932

 
$
53

 
$
838

__________
(a)
Calculated as future undiscounted payments.
(b)
Excludes residual support and risk sharing programs and vehicle repurchase obligations related to Ally Financial.
 
June 30, 2012
 
December 31, 2011
 
Liability Recorded
 
Liability Recorded
Environmental liability(a)
$
168

 
$
169

Product liability
$
574

 
$
514

Other litigation-related liability and tax administrative matters(b)
$
1,221

 
$
1,196

__________
(a)
Includes $33 million and $34 million recorded in Accrued liabilities at June 30, 2012 and December 31, 2011 and the remainder was recorded in Other liabilities and deferred income taxes.
(b)
Consists primarily of indirect tax-related litigation as well as various non-U.S. labor related matters.

Contract Cancellations [Table Text Block]
The following table summarizes contract cancellation charges primarily related to the cancellation of product programs (dollars in millions):
 
Three Months Ended
 
Six Months Ended
 
June 30, 2012
 
June 30, 2011
 
June 30, 2012
 
June 30, 2011
GMNA
$
21

 
$
21

 
$
27

 
$
21

GME
49

 
3

 
49

 
3

GMIO
5

 
6

 
5

 
6

Total contract cancellations
$
75

 
$
30

 
$
81

 
$
30