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Debt and Financing Costs (Tables)
3 Months Ended
Mar. 31, 2012
Debt and Financing Costs [Abstract]  
Non-recurring fair value measurement
                                 
    March 31, 2012     December 31, 2011  
     Carrying
Amount
    Fair
Value
    Carrying
Amount
    Fair
Value
 
    (In millions)  

Money market lines of credit

  $ 29     $ 29     $ 31     $ 31  

Commercial paper

    659       659       —         —    

Notes and debentures

    7,185       8,312       7,185       8,673  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total Debt

  $ 7,873     $ 9,000     $ 7,216     $ 8,704  
   

 

 

   

 

 

   

 

 

   

 

 

 
Financing Costs, Net
                 
    For the Quarter  Ended
March 31,
 
    2012     2011  
    (In millions)  

Interest expense

  $ 108     $ 108  

Amortization of deferred loan costs

    1       1  

Capitalized interest

    (66     (60

Interest income

    (3     (4
   

 

 

   

 

 

 

Financing costs, net

  $ 40     $ 45