NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2012

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

A summary of notes payable as of December 31 follows:

(In millions)	2012			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	657		(3)	0
4.00% senior notes due February 2022	349		(4)	0
5.50% subordinated debentures due September 2052	500			0
Yen-denominated Uridashi notes:
2.26% notes due September 2016 (principal amount 8 billion yen)	92			103
Yen-denominated Samurai notes:
1.47% notes due July 2014 (principal amount 28.7 billion yen)	331			369
1.87% notes paid June 2012 (principal amount 26.6 billion yen)	0			342
1.84% notes due July 2016 (principal amount 15.8 billion yen)	182			203
Variable interest rate notes due July 2014 (1.34% in 2012 and 2011, principal amount 5.5 billion yen)	64			71
Yen-denominated loans:
3.60% loan due July 2015 (principal amount 10 billion yen)	116			129
3.00% loan due August 2015 (principal amount 5 billion yen)	58			64
Capitalized lease obligations payable through 2022	9			10
Total notes payable	$	4,352		$	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⁾ $650 issuance plus $7 of an issuance premium that is being amortized over the life of the notes

⁽⁴⁾ $350 issuance net of a $1 underwriting discount that is being amortized over the life of the notes

Schedule of Maturities of Long Term Debt

The aggregate contractual maturities of notes payable during each of the years after December 31, 2012, are as follows:

(In millions)	Long-term Debt			Capitalized Lease Obligations			Total Notes Payable
2013		$	0		$	3		$	3
2014		395			2			397
2015		474			2			476
2016		274			1			275
2017		650			1			651
Thereafter		2,550			0			2,550
Total		$	4,343		$	9		$	4,352