General Motors 2011 Annual Report Download - page 106
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GENERAL MOTORS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
The following table summarizes marketable securities classified as cash equivalents and restricted marketable securities measured
at fair value on a recurring basis (dollars in millions):
Successor
December 31, 2011 December 31, 2010
Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Cash equivalents
U.S. government and agency . . . . . . . . . . . . . . . . . . . . . . $ — $ 239 $— $ 239 $ — $1,085 $— $ 1,085
Sovereigndebt.................................. — 987 — 987 — 523 — 523
Certificates of deposit ............................ — 2,028 — 2,028 — 2,705 — 2,705
Money market funds ............................. 1,339 — — 1,339 4,844 — — 4,844
Commercial paper ............................... — 5,112 — 5,112 — 3,807 — 3,807
Total marketable securities classified as cash
equivalents ..................................... $1,339 $8,366 $— $9,705 $4,844 $8,120 $— $12,964
Restricted marketable securities
Money market funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 383 $ — $— $ 383 $ 345 $ — $— $ 345
Sovereigndebt.................................. — 15 — 15 — 1,011 — 1,011
Other ......................................... — 164 — 164 — 118 — 118
Total marketable securities classified as restricted
marketable securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 383 $ 179 $— $ 562 $ 345 $1,129 $— $ 1,474
Automotive Financing — GM Financial
The following table summarizes marketable securities classified as Other assets and Restricted cash measured at fair value on a
recurring basis (dollars in millions):
Successor
December 31, 2011 December 31, 2010
Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Money market funds ................................. $1,435 $— $— $1,435 $1,119 $— $— $1,119
Note 8. Inventories
Automotive
The following table summarizes the components of Inventories (dollars in millions):
Successor
December 31, 2011 December 31, 2010
Productive material, supplies and work in process ...................................... $ 6,486 $ 5,487
Finished product, including service parts ............................................. 7,838 6,638
Total inventories ................................................................ $14,324 $12,125
104 General Motors Company 2011 Annual Report