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Note 11 - Commitments, Guarantees and Contingencies (Details) - Recorded and Unrecorded Contractual Obligations (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Recorded contractual obligations:  
Recorded contractual obligations $ 5,329
Recorded contractual obligations, 2014 1,246
Recorded contractual obligations, 2015 282
Recorded contractual obligations, 2016 625
Recorded contractual obligations, 2017 70
Recorded contractual obligations, 2018 218
Recorded contractual obligations, 2019 & thereafter 2,888
Unrecorded contractual obligations and commitments(3) (8):  
Unrecorded contractual obligations and commitments 5,493 [1],[2]
Unrecorded contractual obligations and commitments, 2014 1,000 [1],[2]
Unrecorded contractual obligations and commitments, 2015 724 [1],[2]
Unrecorded contractual obligations and commitments, 2016 495 [1],[2]
Unrecorded contractual obligations and commitments, 2017 314 [1],[2]
Unrecorded contractual obligations and commitments, 2018 266 [1],[2]
Unrecorded contractual obligations and commitments, 2019 & thereafter 2,694 [1],[2]
Pipeline Charges, Storage Capacity and Gas Supply [Member]
 
Unrecorded contractual obligations and commitments(3) (8):  
Unrecorded contractual obligations and commitments 2,298 [1],[2],[3]
Unrecorded contractual obligations and commitments, 2014 733 [1],[2],[3]
Unrecorded contractual obligations and commitments, 2015 507 [1],[2],[3]
Unrecorded contractual obligations and commitments, 2016 299 [1],[2],[3]
Unrecorded contractual obligations and commitments, 2017 138 [1],[2],[3]
Unrecorded contractual obligations and commitments, 2018 102 [1],[2],[3]
Unrecorded contractual obligations and commitments, 2019 & thereafter 519 [1],[2],[3]
Interest Charges [Member]
 
Unrecorded contractual obligations and commitments(3) (8):  
Unrecorded contractual obligations and commitments 2,899 [1],[2],[4]
Unrecorded contractual obligations and commitments, 2014 185 [1],[2],[4]
Unrecorded contractual obligations and commitments, 2015 175 [1],[2],[4]
Unrecorded contractual obligations and commitments, 2016 161 [1],[2],[4]
Unrecorded contractual obligations and commitments, 2017 147 [1],[2],[4]
Unrecorded contractual obligations and commitments, 2018 145 [1],[2],[4]
Unrecorded contractual obligations and commitments, 2019 & thereafter 2,086 [1],[2],[4]
Operating Leases [Member]
 
Unrecorded contractual obligations and commitments(3) (8):  
Unrecorded contractual obligations and commitments 233 [1],[2],[5]
Unrecorded contractual obligations and commitments, 2014 39 [1],[2],[5]
Unrecorded contractual obligations and commitments, 2015 34 [1],[2],[5]
Unrecorded contractual obligations and commitments, 2016 28 [1],[2],[5]
Unrecorded contractual obligations and commitments, 2017 25 [1],[2],[5]
Unrecorded contractual obligations and commitments, 2018 18 [1],[2],[5]
Unrecorded contractual obligations and commitments, 2019 & thereafter 89 [1],[2],[5]
Asset Management Agreements [Member]
 
Unrecorded contractual obligations and commitments(3) (8):  
Unrecorded contractual obligations and commitments 19 [1],[2],[6]
Unrecorded contractual obligations and commitments, 2014 8 [1],[2],[6]
Unrecorded contractual obligations and commitments, 2015 5 [1],[2],[6]
Unrecorded contractual obligations and commitments, 2016 4 [1],[2],[6]
Unrecorded contractual obligations and commitments, 2017 2 [1],[2],[6]
Unrecorded contractual obligations and commitments, 2018    [1],[2],[6]
Unrecorded contractual obligations and commitments, 2019 & thereafter    [1],[2],[6]
Standby Letters of Credit, Performance and Surety Bonds [Member]
 
Unrecorded contractual obligations and commitments(3) (8):  
Unrecorded contractual obligations and commitments 29 [1],[2]
Unrecorded contractual obligations and commitments, 2014 29 [1],[2]
Unrecorded contractual obligations and commitments, 2015    [1],[2]
Unrecorded contractual obligations and commitments, 2016    [1],[2]
Unrecorded contractual obligations and commitments, 2017    [1],[2]
Unrecorded contractual obligations and commitments, 2018    [1],[2]
Unrecorded contractual obligations and commitments, 2019 & thereafter    [1],[2]
Other Obligations [Member]
 
Unrecorded contractual obligations and commitments(3) (8):  
Unrecorded contractual obligations and commitments 15 [1],[2]
Unrecorded contractual obligations and commitments, 2014 6 [1],[2]
Unrecorded contractual obligations and commitments, 2015 3 [1],[2]
Unrecorded contractual obligations and commitments, 2016 3 [1],[2]
Unrecorded contractual obligations and commitments, 2017 2 [1],[2]
Unrecorded contractual obligations and commitments, 2018 1 [1],[2]
Unrecorded contractual obligations and commitments, 2019 & thereafter    [1],[2]
Long-term Debt [Member]
 
Recorded contractual obligations:  
Recorded contractual obligations 3,706 [7]
Recorded contractual obligations, 2014    [7]
Recorded contractual obligations, 2015 200 [7]
Recorded contractual obligations, 2016 545 [7]
Recorded contractual obligations, 2017 22 [7]
Recorded contractual obligations, 2018 155 [7]
Recorded contractual obligations, 2019 & thereafter 2,784 [7]
Short-term Debt [Member]
 
Recorded contractual obligations:  
Recorded contractual obligations 1,171
Recorded contractual obligations, 2014 1,171
Environmental Remediation Liabilities [Member]
 
Recorded contractual obligations:  
Recorded contractual obligations 447 [8]
Recorded contractual obligations, 2014 70 [8]
Recorded contractual obligations, 2015 82 [8]
Recorded contractual obligations, 2016 80 [8]
Recorded contractual obligations, 2017 48 [8]
Recorded contractual obligations, 2018 63 [8]
Recorded contractual obligations, 2019 & thereafter 104 [8]
Pipeline Replacement Program Costs [Member]
 
Recorded contractual obligations:  
Recorded contractual obligations 5 [8]
Recorded contractual obligations, 2014 5 [8]
Recorded contractual obligations, 2015    [8]
Recorded contractual obligations, 2016    [8]
Recorded contractual obligations, 2017    [8]
Recorded contractual obligations, 2018    [8]
Recorded contractual obligations, 2019 & thereafter    [8]
[1] In accordance with GAAP, these items are not reflected in our Consolidated Statements of Financial Position.
[2] We provide guarantees to certain municipalities and other agencies and certain gas suppliers of SouthStar in support of payment obligations.
[3] Includes charges recoverable through a natural gas cost recovery mechanism or alternatively billed to Marketers and demand charges associated with Sequent. The gas supply balance includes amounts for Nicor Gas and SouthStar gas commodity purchase commitments of 31 Bcf at floating gas prices calculated using forward natural gas prices as of December 31, 2013, and is valued at $136 million. As we do for other subsidiaries, we provide guarantees to certain gas suppliers for SouthStar in support of payment obligations.
[4] Floating rate interest charges are calculated based on the interest rate as of December 31, 2013 and the maturity date of the underlying debt instrument. As of December 31, 2013, we have $52 million of accrued interest on our Consolidated Statements of Financial Position that will be paid in 2014.
[5] We have certain operating leases with provisions for step rent or escalation payments and certain lease concessions. We account for these leases by recognizing the future minimum lease payments on a straight-line basis over the respective minimum lease terms, in accordance with GAAP. However, this lease accounting treatment does not affect the future annual operating lease cash obligations as shown herein. Our operating leases are primarily for real estate.
[6] Represent fixed-fee minimum payments for Sequent's affiliated asset management agreements.
[7] Excludes the $82 million step up to fair value of first mortgage bonds, $16 million unamortized debt premium and $9 million interest rate swaps fair value adjustment.
[8] Includes charges recoverable through base rates or rate rider mechanisms.