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Note 4 - Fair Value Measurements (Detail) - Amortized Cost and Fair Value of Long-Term Debt (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Sep. 30, 2011
Long-term debt amortized cost (1) $ 3,556 [1] $ 3,578 [1] $ 2,704 [1]
Long-term debt fair value (1) (2) $ 4,100 [1],[2] $ 3,938 [1],[2] $ 3,061 [1],[2]
[1] September 30, 2012 includes current portion of long-term debt and capital leases of $226 million as well as the debt assumed in the Nicor merger with a carrying value of $592 million. December 31, 2011 includes current portion of long-term debt and capital leases of $17 million as well as the debt assumed in the Nicor merger with a stepped-up carrying value of $599 million. September 30, 2011 includes current portion of long-term debt and capital leases of $17 million.
[2] Valued using Level 2 inputs.