Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2014

Short-term Debt [Abstract]

Short-term borrowings

Short-term borrowings outstanding as of December 31, were comprised of the following: 

(Millions of dollars)
	2014			2013			2012
	Balance		Avg. Rate	Balance		Avg. Rate	Balance		Avg. Rate
Commercial paper, net	$	3,688	0.3%	$	2,502	0.5%	$	3,654	0.6%
Bank borrowings	411		6.8%	545		6.4%	418		5.6%
Variable denomination floating    rate demand notes	600		0.8%	616		0.8%	579		0.8%
Total	$	4,699		$	3,663		$	4,651