Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following fair value hierarchy table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2013 and December 31, 2012.

	Identical Assets (Level 1)				Observable Inputs (Level 2)				Unobservable Inputs (Level 3)				Total
(In millions of dollars)	09/30/13		12/31/12		09/30/13		12/31/12		09/30/13		12/31/12		09/30/13		12/31/12
Assets:
Financial instruments owned:
Mutual funds(a)	$	146	$	139	$	—	$	—	$	—	$	—	$	146	$	139
Money market funds(b)	23		483		—		—		—		—		23		483
Interest rate swap derivatives(c)	—		—		3		6		—		—		3		6
Total assets measured at fair value	$	169	$	622	$	3	$	6	$	—	$	—	$	172	$	628
Fiduciary Assets:
U.S. Municipal Bonds	$	—	$	—	$	—	$	3	$	—	$	—	$	—	$	3
Money market funds	4		149		—		—		—		—		4		149
Total fiduciary assets measured at fair value	$	4	$	149	$	—	$	3	$	—	$	—	$	4	$	152
Liabilities:
Contingent consideration liability(d)	$	—	$	—	$	—	$	—	$	92	$	63	$	92	$	63
Senior Notes due 2014(e)	—		—		253		256		—		—		253		256
Total liabilities measured at fair value	$	—	$	—	$	253	$	256	$	92	$	63	$	345	$	319

^(a)  Included in other assets in the consolidated balance sheets.

^(b)  Included in cash and cash equivalents in the consolidated balance sheets.

^(c)  Included in other receivables in the consolidated balance sheets.

^(d)  Included in accounts payable and accrued liabilities and other liabilities in the consolidated balance sheets.

^(e)  Included in long term debt in the consolidated balance sheets.

Changes in Fair Value of Level 3 Liabilities Representing Acquisition Related Contingent Consideration

The table below sets forth a summary of the changes in fair value of the Company’s Level 3 liabilities as of September 30, 2013 and 2012 that represent contingent consideration related to acquisitions:

(In millions of dollars)	2013			2012
Balance at January 1,	$	63		$	110
Additions	21			19
Payments	(8		)	(20		)
Revaluation Impact	16			(32		)
Balance at September 30,	$	92		$	77