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STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net income $ 180 $ 1,002 $ 1,333 $ 3,395
Commodity cash flow hedge activity, net of tax:        
Reclassification of (gain) loss on settled derivative instruments (59) (4) (151) 32
Change in fair value of derivative instruments (41) 275 71 181
Derivative hedge ineffectiveness reclassified into earnings   (9)   (10)
Commodity cash flow hedge activity, net of tax (100) 262 (80) 203
COMPREHENSIVE INCOME 80 1,264 1,253 3,598
Preferred stock dividends 19 19 57 57
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCK $ 61 $ 1,245 $ 1,196 $ 3,541