Is this working capital a big number? You are already experiencing an impact right now. I would imagine that that is something that is not permanent necessarily.

Peter Daniel

It’s not a huge number Rod.

Rod Lache - Deutsche Bank Securities

Okay, so if it’s below the $3.0 billion to $4.0 billion how does that break down between U.S. and it sounds like some of the actions you’re taking are international. Can you tell us what your North American structural costs are at this point and whether you are managing your structural costs to a specific US SAR break-even point?

Lewis Booth

We have the structural cost reductions agreed by each business unit but we’re not going to share them with you.

Rod Lache - Deutsche Bank Securities

Okay, is there like a SAR break-even point that you are trying to manage the North American or the U.S. business down to?

Lewis Booth

Again, we’re not going to comment explicitly. I just said well let me come back. We are managing to ensure that we achieve the minimum cash balances that we judge necessary to keep the business running and we have developed this list, in the next two years, the tough period that we see ahead of us, we have developed these lists of actions to ensure we’re in the range of the minimum cash balances that we recognize, of course, based on our assumptions.

Alan Mulally

And just a little bit more color. Clearly what we have there on slide 33 is the 13.7 for the year-end as a SAR and our guidance is that we believe that 2009 is clearly going to not be better, which means probably a little bit lower. And we’re not recovering until 2010, so you can see we’re trying to be conservative here going forward.

Rod Lache - Deutsche Bank Securities

If the VEBA assets lose money between now and contributing to it, do you have to true that up? And can you update us on what the status is of pension performances here?

Lewis Booth

In terms of the VEBA assets, we don’t have to true them up. And in terms of the pension performance, we will update that when we file the 10-K.

Operator

Your next question comes from the line Brian Johnson representing Barclays Capital. Please proceed.

Brian Johnson - Barclays Capital