General Motors 2012 Annual Report Download - page 115

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GENERAL MOTORS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Our recoverability test of the GME asset group includes real and personal property, resulting in additional impairment charges of
$3.7 billion at December 31, 2012, for a total of $5.5 billion. Refer to Note 11 for additional information regarding the impairment of
real and personal property.
Note 14. Restricted Cash and Marketable Securities
We are required to post cash and marketable securities as collateral as part of certain agreements that we enter into as part of our
operations. Cash and marketable securities subject to contractual restrictions and not readily available are classified as Restricted cash
and marketable securities. Restricted cash and marketable securities are invested in accordance with the terms of the underlying
agreements. Refer to Note 7 for additional information on securities classified as Restricted cash and marketable securities.
Automotive
At December 31, 2012 and 2011 we held securities of $403 million and $562 million that were classified as Restricted cash and
marketable securities.
The following table summarizes the components of Restricted cash and marketable securities (dollars in millions):
December 31, 2012 December 31, 2011
Current
Total current restricted cash and marketable securities (a) ................................ $220 $ 206
Non-current
Collateral for insurance related activities ............................................. 74 407
Other restricted cash and marketable securities (a) ..................................... 306 505
Total non-current restricted cash and marketable securities ............................... 380 912
Total restricted cash and marketable securities ......................................... $600 $1,118
(a) Includes amounts related to various deposits, escrows and other cash collateral.
Automotive Financing — GM Financial
The following table summarizes the components of Restricted cash (dollars in millions):
December 31, 2012 December 31, 2011
Current
Securitization notes and credit facilities .............................................. $442 $ 758
Other (a) ...................................................................... 24 41
Total current restricted cash ....................................................... 466 799
Non-current
Securitization notes and credit facilities .............................................. 302 298
Other (a) ...................................................................... — 18
Total non-current restricted cash .................................................... 302 316
Total restricted cash ............................................................. $768 $1,115
(a) Pledged in association with derivative transactions and cash collections related to leases serviced for a third-party.
General Motors Company 2012 ANNUAL REPORT112