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Debt (Tables)
6 Months Ended
Jun. 30, 2011
Debt  
Schedule of Outstanding Debt
                 
(In millions of dollars)   

June 30,

2011

    

December 31,

2010

 

Short-term:

                 

Current portion of long-term debt

     $   260         $       8   
     

Long-term:

                 

Senior notes – 6.25% due 2012 (5.1% effective interest rate)

     $   252         $   253   

Senior notes – 4.850% due 2013

     250         250   

Senior notes – 5.875% due 2033

     296         296   

Senior notes – 5.375% due 2014

     653         648   

Senior notes – 5.75% due 2015

     747         747   

Senior notes – 9.25% due 2019

     398         398   

Mortgage – 5.70% due 2035

     435         439   

Other

     2         3   
       3,033         3,034   

Less current portion

     260         8   
       $2,773         $3,026   
Gain Or Loss On The Hedged Item And Offsetting Gain Or Loss On Interest Rate Swaps
                         

Income statement classification

(In millions of dollars)

  

Gain on

Swaps

    

Loss on

Notes

   

Net
Income

Effect

 
       $4.7         $(4.7)       $—