Other Material Contingencies (Tables)

12 Months Ended

Dec. 31, 2011

Other Material Contingencies [Abstract]


Guarantee Type	0 – 3 years		4 – 10 years		> 10 years		Total
	*(millions of dollars)*
Energy transactions	$	640	$	3	$	63	$	706
Intra-company guarantees		15		—		1		16
Other guarantees		25		13		—		38
TOTAL	$	680	$	16	$	64	$	760

- Definition

Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties.

+ References+ Details