XML 36 R25.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Disclosures (Tables)
 6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table summarizes assets and liabilities measured at fair value on a recurring basis:
 Fair Value Measurements Using
 Level 1Level 2Level 3
(Millions of dollars)June 30,
2020		December 31,
2019		June 30,
2020		December 31,
2019		June 30,
2020		December 31,
2019
Assets
Derivative assets$—  $—  $151  $167  $—  $—  
Investments and securities*21  18  —  —  30  28  
                 Total
$21  $18  $151  $167  $30  $28  
Liabilities
Derivative liabilities$—  $—  $156  $99  $—  $—  

* Investments and securities are recorded in prepaid and other current assets and other long-term assets in the company's condensed consolidated balance sheets.
Schedule of Level 3 Investments and Securities
The following table summarizes the changes in level 3 investments and securities for the six months ended June 30, 2020. Gains (losses) recognized in earnings are recorded to interest expense - net in the company's consolidated statements of income.
(Millions of dollars)2020
Balance at January 1$28  
Additions—  
Gains (losses) recognized in earnings2  
Balance at June 30$30