The table below represents gross and net derivative assets and liabilities subject to netting agreements on the Consolidated Balance Sheet at September 30, 2021, and December 31, 2020. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Consolidated Balance Sheet: The Effect of Netting Derivative Assets and Liabilities (Millions of dollars) | | | Gross Amount Recognized | | Gross Amounts Offset | | Net Amounts Presented | | Gross Amounts Not Offset | | Net Amount | At September 30, 2021 | | | | | | Derivative Assets - not designated | | $ | 3,537 | | | $ | 3,043 | | | $ | 494 | | | $ | — | | | $ | 494 | | Derivative Liabilities - not designated | | $ | 3,324 | | | $ | 3,043 | | | $ | 281 | | | $ | — | | | $ | 281 | | Derivative Liabilities - designated | | $ | 4 | | | $ | — | | | $ | 4 | | | $ | — | | | $ | 4 | | At December 31, 2020 | | | | | | | | | | | Derivative Assets - not designated | | $ | 818 | | | $ | 744 | | | $ | 74 | | | $ | — | | | $ | 74 | | Derivative Liabilities - not designated | | $ | 917 | | | $ | 744 | | | $ | 173 | | | $ | — | | | $ | 173 | |
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