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FAIR VALUE MEASUREMENTS (Basis of Fair Value Measurements on a Recurring Basis) (Details) (Fair Value, Measurements, Recurring [Member], USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Quoted Prices in Active Markets for Identical Items (Level 1) [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Carrying value of interests held $ 0 [1] $ 0 [1]
Foreign currency 0 [2] 0 [2]
Commodities 11 [2] 10 [2]
Assets, Fair Value Disclosure 682 644
Long-term Debt, Fair Value 0 [3] 0 [3]
Interest Rate Derivative Liabilities, at Fair Value 0 [2]  
Foreign currency 0 [2] 0 [2]
Commodities 27 [2] 13 [2]
Liabilities, Fair Value Disclosure 27 13
Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Equity Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 671 [4] 634 [4]
Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | US Treasury and Government [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 0 [4],[5] 0 [4],[5]
Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Corporate Debt Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 0 [4] 0 [4]
Significant Other Observable Inputs (Level 2) [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Carrying value of interests held 0 [1] 0 [1]
Foreign currency 41 [2] 75 [2]
Commodities 14 [2] 14 [2]
Assets, Fair Value Disclosure 1,447 1,463
Long-term Debt, Fair Value 23,308 [3] 23,789 [3]
Interest Rate Derivative Liabilities, at Fair Value 6 [2]  
Foreign currency 46 [2] 61 [2]
Commodities 17 [2] 7 [2]
Liabilities, Fair Value Disclosure 23,377 23,857
Significant Other Observable Inputs (Level 2) [Member] | Equity Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 33 [4] 33 [4]
Significant Other Observable Inputs (Level 2) [Member] | US Treasury and Government [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 582 [4],[5] 618 [4],[5]
Significant Other Observable Inputs (Level 2) [Member] | Corporate Debt Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 777 [4] 723 [4]
Significant Unobservable Inputs (Level 3) [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Carrying value of interests held 1,220 [1] 1,141 [1]
Foreign currency 0 [2] 0 [2]
Commodities 0 [2] 0 [2]
Assets, Fair Value Disclosure 1,220 1,141
Long-term Debt, Fair Value 0 [3] 0 [3]
Interest Rate Derivative Liabilities, at Fair Value 0 [2]  
Foreign currency 0 [2] 0 [2]
Commodities 0 [2] 0 [2]
Liabilities, Fair Value Disclosure 0 0
Significant Unobservable Inputs (Level 3) [Member] | Equity Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 0 [4] 0 [4]
Significant Unobservable Inputs (Level 3) [Member] | US Treasury and Government [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 0 [4],[5] 0 [4],[5]
Significant Unobservable Inputs (Level 3) [Member] | Corporate Debt Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 0 [4] 0 [4]
Netting and Collateral [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Carrying value of interests held 0 [1],[6] 0 [1],[6]
Foreign currency (18) [2],[6] (44) [2],[6]
Commodities (3) [2],[6] (8) [2],[6]
Assets, Fair Value Disclosure (21) [6] (52) [6]
Long-term Debt, Fair Value 0 [3],[6] 0 [3],[6]
Interest Rate Derivative Liabilities, at Fair Value 0 [2],[6]  
Foreign currency (18) [2],[6] (44) [2],[6]
Commodities (33) [2],[6] (19) [2],[6]
Liabilities, Fair Value Disclosure (51) [6] (63) [6]
Netting and Collateral [Member] | Equity Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 0 [4],[6] 0 [4],[6]
Netting and Collateral [Member] | US Treasury and Government [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 0 [4],[5],[6] 0 [4],[5],[6]
Netting and Collateral [Member] | Corporate Debt Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 0 [4],[6] 0 [4],[6]
Total Fair Value [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Carrying value of interests held 1,220 [1] 1,141 [1]
Foreign currency 23 [2] 31 [2]
Commodities 22 [2] 16 [2]
Assets, Fair Value Disclosure 3,328 3,196
Long-term Debt, Fair Value 23,308 [3] 23,789 [3]
Interest Rate Derivative Liabilities, at Fair Value 6 [2]  
Foreign currency 28 [2] 17 [2]
Commodities 11 [2] 1 [2]
Liabilities, Fair Value Disclosure 23,353 23,807
Total Fair Value [Member] | Equity Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 704 [4] 667 [4]
Total Fair Value [Member] | US Treasury and Government [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure 582 [4],[5] 618 [4],[5]
Total Fair Value [Member] | Corporate Debt Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale Securities, Fair Value Disclosure $ 777 [4] $ 723 [4]
[1] Included in “Accounts and notes receivable – Other” in the consolidated balance sheets. See Note J for additional information on transfers of financial assets.
[2] See Note G for the classification of derivatives in the consolidated balance sheets.
[3] See Note G for information on fair value adjustments to long-term debt, included at cost in the consolidated balance sheets.
[4] The Company’s investments in equity and debt securities are primarily classified as available-for-sale and are included in “Other investments” in the consolidated balance sheets.
[5] U.S. Treasury obligations, U.S. agency obligations, agency mortgage-backed securities and other municipalities’ obligations.
[6] Cash collateral is classified as “Accounts and notes receivable – Other” in the consolidated balance sheets. Amounts represent the estimated net settlement amount when applying netting and set-off rights included in master netting arrangements between the Company and its counterparties and the payable or receivable for cash collateral held or placed with the same counterparty.