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RECENT INVESTMENT ACTIVITY 2 (DETAILS) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2011
Jun. 30, 2012
Willmut Gas [Member]
May 20, 2012
Willmut Gas [Member]
Jun. 30, 2012
South America Acquisition [Member]
Jun. 30, 2011
South America Acquisition [Member]
Jun. 30, 2012
South America Acquisition [Member]
Jun. 30, 2011
South America Acquisition [Member]
Sep. 13, 2011
Luz Del Sur [Member]
Apr. 06, 2011
Luz Del Sur [Member]
Apr. 06, 2011
Chilquinta Energia [Member]
Property, plant and equipment                      
Property, plant and equipment       $ 17              
Total liabilities       (10)              
Goodwill       10              
Remeasurement of equity method investments 277 [1] 277 [1]                  
Revenue of acquiree since acquisition date     2   348 361 705 361      
Net Income of acquiree since acquisition date         50 48 99 48      
Earnings of acquiree since acquisition date         43 40 86 40      
Pro forma revenues 2,422 5,199                  
Pro forma earnings $ 226 [1] $ 505 [1]                  
Ownership Percentage Before Acquisition                   38.00% 50.00%
Acquired percentage interest in joint venture       100.00%             100.00%
Ownership percentage after Luz Del Sur tender offer                 80.00%    
[1] As adjusted for the retrospective effect of a change in accounting principle as we discuss in Note 1.