XML 90 R61.htm IDEA: XBRL DOCUMENT

Debt (Detail) (USD $)
In Millions

Dec. 31, 2010

Dec. 31, 2009

Debt Disclosure [Line Items]

$ 4,249

$ 4,534

Credit facility

58

Mortgage debt (non-recourse) secured by $1.1 billion and $1.5 billion of real estate assets, with an average interest rate of 4.7% and 5.1% at December 31, 2010 and 2009, maturing through December 2023

1,025

^[1]

1,217

^[1]

145

86

5,477

5,837

Series K Senior Notes 7.125 Percent Due November 2013

Debt Disclosure [Line Items]

250

725

Series M Senior Notes 7 Percent Due August 2012

Debt Disclosure [Line Items]

344

Series O Senior Notes 6.375 Percent Due March 2015

Debt Disclosure [Line Items]

650

650

Series Q Senior Notes 6.75 Percent Due June 2016

Debt Disclosure [Line Items]

800

800

Series S Senior Notes 6.875 Percent Due November 2014

Debt Disclosure [Line Items]

498

498

Series T Senior Notes 9 Percent Due May 2017

Debt Disclosure [Line Items]

388

387

Series U Senior Notes 6 Percent Due November 1st 2020

Debt Disclosure [Line Items]

500

Exchangeable 2004 Senior Debentures 3.25 Percent Due April 2024

Debt Disclosure [Line Items]

325

323

Exchangeable 2007 Senior Debentures 2.625 Percent Due April 2027

Debt Disclosure [Line Items]

502

484

Exchangeable 2009 Senior Debentures 2.5 Percent Due October 2029

Debt Disclosure [Line Items]

329

316

Senior Notes 10.0 Percent Due May 2012

Debt Disclosure [Line Items]

$ 7

$ 7

[1]	The assets securing mortgage debt represents the book value of real estate assets, net of accumulated depreciation. These amounts do not represent the current fair value of the assets.

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References+ Details