NOTES PAYABLE (Tables)

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements [Abstract]

Schedule of Long-term Debt Instruments

A summary of notes payable follows:

(In millions)	March 31, 2012			December 31, 2011
8.50% senior notes due May 2019	$	850		$	850
6.45% senior notes due August 2040	448		(1)	448		(1)
6.90% senior notes due December 2039	396		(2)	396		(2)
3.45% senior notes due August 2015	300			300
2.65% senior notes due February 2017	400			0
4.00% senior notes due February 2022	349		(3)	0
Yen-denominated Uridashi notes:
2.26% notes due September 2016 (principal amount 8 billion yen)	97			103
Yen-denominated Samurai notes:
1.47% notes due July 2014 (principal amount 28.7 billion yen)	349			369
1.87% notes due June 2012 (principal amount 26.6 billion yen)	324			342
1.84% notes due July 2016 (principal amount 15.8 billion yen)	192			203
Variable interest rate notes due July 2014 (1.35% in 2012 and 1.34% in 2011, principal amount 5.5 billion yen)	67			71
Yen-denominated loans:
3.60% loan due July 2015 (principal amount 10 billion yen)	122			129
3.00% loan due August 2015 (principal amount 5 billion yen)	61			64
Capitalized lease obligations payable through 2022	9			10
Total notes payable	$	3,964		$	3,285

⁽¹⁾ $450 issuance net of a $2 underwriting discount that is being amortized over the life of the notes

⁽²⁾$400 issuance net of a $4 underwriting discount that is being amortized over the life of the notes

⁽³⁾ $350 issuance net of a $1 underwriting discount that is being amortized over the life of the notes