Contingencies (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Contingent Contractual Obligations

The following table summarizes the Parent Company's contingent contractual obligations as of December 31, 2019. Amounts presented in the following table represent the Parent Company's current undiscounted exposure to guarantees and the range of maximum undiscounted potential exposure. The maximum exposure is not reduced by the amounts, if any, that could be recovered under the recourse or collateralization provisions in the guarantees. There were no obligations made by the Parent Company for the direct benefit of the lenders associated with the non-recourse debt of its businesses.

Contingent Contractual Obligations	Amount (in millions)		Number of Agreements	Maximum Exposure Range for Each Agreement (in millions)
Guarantees and commitments	$	853	37	$0 — 157
Letters of credit under the unsecured credit facility	342		11	$1 — 296
Letters of credit under the senior secured credit facility	19		28	$0 — 4
Asset sale related indemnities (1)	12		1	$12
Total	$	1,226	77

_____________________________

⁽¹⁾  

Excludes normal and customary representations and warranties in agreements for the sale of assets (including ownership in associated legal entities) where the associated risk is considered to be nominal.