Commitments And Contingent Liabilities (Tables)

6 Months Ended

Jun. 30, 2017

Commitments and Contingencies Disclosure [Abstract]

Schedule of Guarantor Obligations

Guarantees consisted of the following:

(In millions)	June 30, 2017
Financial guarantees (1)	$	816.8
Performance guarantees (2)	3,882.6
Maximum potential undiscounted payments	$	4,699.4

_______________________  

⁽¹⁾  Financial guarantees represent contracts that contingently require a guarantor to make payments to a guaranteed party based on changes in an underlying agreement that is related to an asset, a liability, or an equity security of the guaranteed party. These tend to be drawn down only if there is a failure to fulfill our financial obligations.

⁽²⁾  Performance guarantees represent contracts that contingently require a guarantor to make payments to a guaranteed party based on another entity's failure to perform under a nonfinancial obligating agreement. Events that trigger payment are performance related, such as failure to ship a product or provide a service.