Short-term Borrowings and Long-term Debt (Tables)

12 Months Ended

Dec. 31, 2013



	December 31, 2013					December 31, 2012
	Long-Term			Current(1)		Long-Term			Current(1)
	(in millions)
Short-term borrowings:
Inventory financing	$	—		$	43	$	—		$	38
Total short-term borrowings	—			43		—			38
Long-term debt:
Senior notes 4.50% to 6.625% due 2016 to 2041	2,168			—		2,328			365
Commercial paper (2)	118			—		—			—
Unamortized discount and premium	(46		)	—		(52		)	—
Total long-term debt	2,240			—		2,276			365
Total debt	$	2,240		$	43	$	2,276		$	403

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(1)	Includes amounts due or exchangeable within one year of the date noted.


(2)	Classified as long-term debt because the termination date of the facility that backstops the commercial paper is more than one year from the date noted.

Schedule of Line of Credit Facilities [Table Text Block]

Revolving Credit Facility. As of December 31, 2013 and 2012, CERC had the following revolving credit facility and utilization of such facility (in millions):



December 31, 2013								December 31, 2012
Size of Facility		Loans		Letters of Credit		Commercial Paper		Size of Facility		Loans		Letters of Credit		Commercial Paper
$	600	$	—	$	—	$	118	$	950	$	—	$	—	$	—