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Debt (Tables)
12 Months Ended
Dec. 31, 2011
Debt [Abstract]  
Long-term Debt
 
Weighted-
Average
Interest
Rate
 
Maturities
 
December 31
 
2011
 
2010
 
 
 
 
 
(Millions of dollars)
Notes and debentures
5.76%
 
2012 - 2046
 
$
4,984

 
$
4,286

Dealer remarketable securities
4.03%
 
2012 - 2016
 
200

 
200

Industrial development revenue bonds
0.13%
 
2015 - 2037
 
280

 
280

Bank loans and other financings in various currencies
2.70%
 
2012 - 2045
 
581

 
619

Total long-term debt
 
 
 
 
6,045

 
5,385

Less current portion
 
 
 
 
619

 
265

Long-term portion
 
 
 
 
$
5,426

 
$
5,120