The following tables categorize the fair values of items measured at fair value on a recurring basis at December 31 on our balance sheet (in millions):



	2014								2013
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Automotive Sector
Assets
Cash equivalents – financial instruments
U.S. government and agencies	$	—	$	64	$	—	$	64	$	—	$	33	$	—	$	33
Non-U.S. government and agencies	—		122		—		122		—		200		—		200
Corporate debt	—		20		—		20		—		—		—		—
Total cash equivalents (a)	—		206		—		206		—		233		—		233
Marketable securities
U.S. government and agencies	969		5,789		—		6,758		3,752		6,596		—		10,348
Non-U.S. government and agencies	—		7,004		—		7,004		—		6,538		—		6,538
Corporate debt	—		2,738		—		2,738		—		2,623		—		2,623
Equities	322		—		—		322		341		—		—		341
Other marketable securities	—		313		—		313		—		307		—		307
Total marketable securities	1,291		15,844		—		17,135		4,093		16,064		—		20,157
Derivative financial instruments (b)	—		517		—		517		—		579		1		580
Total assets at fair value	$	1,291	$	16,567	$	—	$	17,858	$	4,093	$	16,876	$	1	$	20,970
Liabilities
Derivative financial instruments (b)	$	—	$	710	$	3	$	713	$	—	$	416	$	2	$	418
Total liabilities at fair value	$	—	$	710	$	3	$	713	$	—	$	416	$	2	$	418

Financial Services Sector
Assets
Cash equivalents – financial instruments
Non-U.S. government and agencies	—		341		—		341		—		24		—		24
Corporate debt	—		10		—		10		—		—		—		—
Total cash equivalents (a)	—		351		—		351		—		24		—		24
Marketable securities
U.S. government and agencies	17		1,251		—		1,268		418		25		—		443
Non-U.S. government and agencies	—		405		—		405		—		184		—		184
Corporate debt	—		1,555		—		1,555		—		1,273		—		1,273
Other marketable securities	—		30		—		30		—		43		—		43
Total marketable securities	17		3,241		—		3,258		418		1,525		—		1,943
Derivative financial instruments (b)	—		859		—		859		—		585		—		585
Total assets at fair value	$	17	$	4,451	$	—	$	4,468	$	418	$	2,134	$	—	$	2,552
Liabilities
Derivative financial instruments (b)	$	—	$	167	$	—	$	167	$	—	$	506	$	—	$	506
Total liabilities at fair value	$	—	$	167	$	—	$	167	$	—	$	506	$	—	$	506

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(a)

Excludes time deposits, certificates of deposit, money market accounts, and other cash equivalents reported at par value on our balance sheet totaling $3.3 billion and $2.8 billion for Automotive sector and $3.8 billion and $6.7 billion for Financial Services sector at December 31, 2014 and December 31, 2013, respectively. In addition to these cash equivalents, we also had cash on hand totaling $1.1 billion and $2 billion for Automotive sector and $2 billion and $2.8 billion for Financial Services sector at December 31, 2014 and December 31, 2013, respectively.


(b)	See Note 16 for additional information regarding derivative financial instruments.