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Investments (Tables)
12 Months Ended
Dec. 31, 2016
Investments  
Summary of the amortized cost and estimated fair value of short-term investments for both available-for-sale and trading securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

December 31, 2015

 

 

    

Amortized

    

Fair

    

Amortized

    

Fair

 

(Millions of dollars)

 

Cost

 

Value

 

Cost

 

Value

 

Money market funds

 

$

 —

 

$

 —

 

$

81

 

$

81

 

Total available-for-sale short-term investments

 

 

 —

 

 

 —

 

 

81

 

 

81

 

Domestic equity securities

 

 

444

 

 

482

 

 

475

 

 

466

 

Domestic debt securities held in mutual funds/ETFs/U.S. Treasuries

 

 

437

 

 

437

 

 

452

 

 

450

 

Foreign equity securities

 

 

198

 

 

199

 

 

120

 

 

120

 

High yield securities

 

 

114

 

 

115

 

 

108

 

 

104

 

Collateralized loan obligations

 

 

25

 

 

26

 

 

10

 

 

10

 

Money market funds held in trading accounts

 

 

13

 

 

13

 

 

22

 

 

22

 

Other trading securities

 

 

5

 

 

5

 

 

1

 

 

1

 

Total trading short-term investments

 

 

1,236

 

 

1,277

 

 

1,188

 

 

1,173

 

Total short-term investments

 

$

1,236

 

$

1,277

 

$

1,269

 

$

1,254