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Inventories

9 Months Ended

Sep. 30, 2013

2. Inventories

The following summarizes the major classes of inventories included in other current assets:



	September 30,		December 31,
millions	2013		2012
Crude oil	$	102	$	91
Natural gas	41		48
NGLs	66		37
Total	$	209	$	176

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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