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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure Financial Instruments Additional Information [Abstract]  
Carrying and Estimated Fair Value
The carrying and estimated fair values of our financial instruments by class at December 31, 2016 and 2015 were as follows:
 
December 31, 2016
 
December 31, 2015
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
(Millions)
Long-term debt (including current maturities)
$
1,297

 
$
1,311

 
$
1,125

 
$
1,160

Instruments with off-balance sheet risk:

 

 

 

Foreign exchange forward contracts:

 

 

 

Asset derivative contracts

 

 
1

 
1

Summarization for Foreign Currency Forward Purchase and Sale Contracts
The following table summarizes by major currency the notional amounts for foreign currency forward purchase and sale contracts as of December 31, 2016 (all of which mature in 2017):
 
 
Notional Amount
in Foreign Currency
 
 
(Millions)
British pounds
—Purchase
9

Canadian dollars
—Sell
(2
)
European euro
—Purchase
21

 
—Sell
(3
)
Japanese yen
—Purchase
388


—Sell
(60
)
South African rand
—Purchase
131

 
—Sell
(17
)
U.S. dollars
—Purchase
5


—Sell
(45
)