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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure Financial Instruments Additional Information [Abstract]  
Carrying and Estimated Fair Value
The carrying and estimated fair values of our financial instruments by class at December 31, 2017 and 2016 were as follows:
 
December 31, 2017
 
December 31, 2016
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
(Millions)
Long-term debt (including current maturities)
$
1,361

 
$
1,398

 
$
1,297

 
$
1,311

Equity swap agreement and foreign currency forward contracts:

 

 

 

Asset derivative contracts (a)
4

 
4

 

 

Summarization for Foreign Currency Forward Purchase and Sale Contracts
The following table summarizes by major currency the notional amounts for foreign currency forward purchase and sale contracts as of December 31, 2017 (all of which mature in 2018):
 
 
Notional Amount
in Foreign Currency
 
 
(Millions)
British pounds
—Purchase
11

Canadian dollars
—Sell
(2
)
European euro
—Sell
(4
)
U.S. dollars
—Purchase
7


—Sell
(15
)