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DERIVATIVES (Tables)
3 Months Ended
Mar. 31, 2015
DERIVATIVES  
Gross and net fair values of outstanding derivatives (in millions)

 

 

Asset Derivatives

 

 

 

Liability Derivatives

 

 

 

March 31, 2015

 

Balance Sheet Location

 

Fair Value

 

Balance Sheet Location

 

Fair Value

 

Commodity contracts

 

Other current assets

 

$

30

 

Accrued Liabilities

 

$

(4

)

 

 

 

 

 

 

 

 

 

 

Total gross and net fair value

 

 

 

$

30

 

 

 

$

(4

)