XML 115 R88.htm IDEA: XBRL DOCUMENT v2.4.0.6
Retirement Benefits (Changes In Fair Value Measurements Of Level 3 Investments) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Private Equity Partnerships [Member]
Dec. 31, 2010
Private Equity Partnerships [Member]
Dec. 31, 2011
Insurance Group Annuity Contracts [Member]
Dec. 31, 2009
Insurance Group Annuity Contracts [Member]
Defined Benefit Plan Disclosure [Line Items]            
Beginning balance $ 8,132 $ 7,773 $ 795 [1] $ 744 $ 3 $ 3
Relating to assets still held at the reporting date     53 1    
Relating to assets sold during the period     48 69    
Purchases, sales, settlements (net)       (19)    
Purchases     146      
Sales     (122)   (1)  
Ending balance $ 8,132 $ 7,773 $ 920 [2] $ 795 [1] $ 2 $ 3
[1] Includes limited partnerships that invest primarily in U.S. (92%) and European (8%) buyout opportunities of a range of privately held companies. The Master Trust does not have the right to redeem its limited partnership investment at its net asset value. Instead, the Master Trust receives distributions as the underlying assets are liquidated. It is estimated that the underlying assets of these funds will be gradually liquidated over the next 1 to 10 years. Additionally, the Master Trust has future funding commitments of approximately $389 million over the next 10 years.
[2] Includes limited partnerships that invest primarily in U.S. (92%) and European (8%) buyout opportunities of a range of privately held companies. The Master Trust does not have the right to redeem its limited partnership investment at its net asset value. Instead, the Master Trust receives distributions as the underlying assets are liquidated. It is estimated that the underlying assets of these funds will be gradually liquidated over the next 1 to 10 years. Additionally, the Master Trust has future funding commitments of approximately $335 million over the next 10 years.