Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2011

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

NOTE 15 – SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

(Millions of dollars)
2011	First quarter		Second quarter		Third quarter		Fourth quarter
Total revenues	$	640	$	675	$	668	$	662
Profit before taxes	$	115	$	152	$	126	$	111
Profit	$	83	$	107	$	93	$	95

2010	First quarter		Second quarter		Third quarter		Fourth quarter
Total revenues	$	631	$	648	$	640	$	633
Profit before taxes	$	71	$	95	$	89	$	74
Profit	$	53	$	82	$	73	$	70

2009	First quarter		Second quarter		Third quarter		Fourth quarter
Total revenues	$	681	$	700	$	676	$	657
Profit before taxes	$	71	$	122	$	80	$	47
Profit	$	51	$	89	$	76	$	43

- Definition

This element can be used to disclose the entire quarterly financial data disclosure in the annual financial statements as a single block of text. The disclosure includes a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. Alternatively, the details of this disclosure can be reported using the elements in this group, or by using other taxonomy elements and applying the appropriate quarterly date and period contexts when creating an instance document. For example, the element for "Interest and Dividend Income, Operating" may be used by financial institutions from the Statement of Income, applying the appropriate quarterly date and period context when creating an instance document.

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