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Short-term Borrowings and Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
 
December 31, 2014
 
December 31, 2013
 
Long-Term
 
Current(1)
 
Long-Term
 
Current(1)
 
(in millions)
Short-term borrowings:
 
 
 
 
 
 
 
Inventory financing
$

 
$
53

 
$

 
$
43

Total short-term borrowings

 
53

 

 
43

Long-term debt:
 

 
 

 
 

 
 

Senior notes 4.50% to 6.625% due 2016 to 2041
2,168

 

 
2,168

 

Commercial paper (2)
341

 

 
118

 

Unamortized discount and premium
(40
)
 

 
(46
)
 

Total long-term debt
2,469

 

 
2,240

 

Total debt
$
2,469

 
$
53

 
$
2,240

 
$
43

________________
(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]
 As of December 31, 2014 and 2013, CERC had the following revolving credit facility and utilization of such facility (in millions):
 
 
December 31, 2014
 
December 31, 2013
Size of
Facility
 
Loans
 
Letters
of Credit
 
Commercial
Paper
 
Loans
 
Letters
of Credit
 
Commercial
Paper
$
600

 
$

 
$

 
$
341

 
$

 
$

 
$
118