Commitments and Contingent Liabilities (Tables)

9 Months Ended

Sep. 30, 2011

Commitments and Contingent Liabilities [Abstract]

Company's guaranteed obligations

	Short-Term		Long-Term		Total
Obligations for customers and suppliers1:
Bank borrowings (terms up to 5 years)	$	142	$	170	$	312
Leases on equipment and facilities (terms up to 4 years)	—		1		1
Obligations for other affiliated companies2:
Bank borrowings (terms less than 1 year)	195		—		195
Obligations for equity affiliates2:
Bank borrowings (terms up to 2 years)	13		6		19
Revenue bonds (terms up to 4 years)	—		23		23
Total obligations for customers, suppliers, other affiliated   companies, and equity affiliates	350		200		550
Obligations for divested subsidiaries3:
Conoco (terms up to 15 years)	—		16		16
Total obligations for divested subsidiaries	—		16		16
Total	$	350	$	216	$	566

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1 Existing guarantees for customers and suppliers arose as part of contractual agreements.

2 Existing guarantees for equity affiliates and other affiliated companies arose for liquidity needs in normal operations.

3The company has guaranteed certain obligations and liabilities related to a divested subsidiary, Conoco, which has indemnified the company for any liabilities the company may incur pursuant to these guarantees.