Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2011

Schedule Of Derivative Impact On Financial Performance


	Pretax Gains (Losses) Recognized in Other Comprehensive Income (Loss)					Location of Gains (Losses) Recognized in Earnings	Pretax Gains (Losses) Recognized in Earnings
	Three Months Ended September 30,						Three Months Ended September 30,
	2011		2010				2011		2010
Derivatives designated as cash flow hedging instruments:
Commodity contracts	$	20	$	(3	)	Sales and other operating revenue	$	4	$	—
Commodity contracts						Cost of products sold and operating expenses		—		(1	)

	$	20	$	(3	)		$	4	$	(1	)

Derivatives not designated as hedging instruments:
Commodity contracts						Sales and other operating revenue	$	5	$	(2	)
Commodity contracts						Cost of products sold and operating expenses		1		—

							$	6	$	(2	)


	Pretax Gains (Losses) Recognized in Other Comprehensive Income (Loss)				Location of Gains (Losses) Recognized in Earnings	Pretax Gains (Losses) Recognized in Earnings
	Nine Months Ended September 30,					Nine Months Ended September 30,
	2011		2010			2011			2010
Derivatives designated as cash flow hedging instruments:
Commodity contracts	$	12	$	—	Sales and other operating revenue	$	(21	)	$	42
Commodity contracts					Cost of products sold and operating expenses		13			(40	)

	$	12	$	—		$	(8	)	$	2

Derivatives not designated as hedging instruments:
Commodity contracts					Sales and other operating revenue	$	(5	)	$	8
Commodity contracts					Cost of products sold and operating expenses		—			—

						$	(5	)	$	8

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

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