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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Not Carried at Fair Value
The following table summarizes U. S. Steel’s financial assets and liabilities that were not carried at fair value at March 31, 2014 and December 31, 2013.
 
 
March 31, 2014
 
December 31, 2013
(In millions)
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
Financial assets:
 

 

 

 

Investments and long-term receivables (a)
 
$
54

 
$
54

 
$
63

 
$
63

Financial liabilities:
 

 

 

 

Debt (b)
 
$
4,218

 
$
3,903

 
$
4,198

 
$
3,904

(a) Excludes equity method investments.
(b) Excludes capital lease obligations.