XML 34 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2011
FAIR VALUE MEASUREMENTS  
Assets and liabilities measured at fair value on a recurring basis

 

 

 

 

Fair Value Measurements at December 31, 2011 Using

 

Netting and

 

 

 

Description

 

Level 1

 

Level 2

 

Level 3

 

Collateral (a)

 

Total Fair Value

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

Commodity derivatives

 

$

310

 

$

640

 

$

 

$

(755

)

$

195

 

Total assets

 

$

310

 

$

640

 

$

 

$

(755

)

$

195

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

Commodity derivatives

 

$

311

 

$

652

 

$

 

$

(779

)

$

184

 

Total liabilities

 

$

311

 

$

652

 

$

 

$

(779

)

$

184

 

 

 

 

Fair Value Measurements at December 31, 2010 Using

 

Netting and

 

 

 

Description

 

Level 1

 

Level 2

 

Level 3

 

Collateral (a)

 

Total Fair Value

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

Trading equity securities - natural resources industry

 

$

116

 

$

 

$

 

$

 

$

116

 

Trading U.S. treasury securities

 

10

 

 

 

 

10

 

Commodity derivatives

 

178

 

797

 

 

(680

)

295

 

Total Assets

 

$

304

 

$

797

 

$

 

$

(680

)

$

421

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

Commodity derivatives

 

$

201

 

$

916

 

$

 

$

(736

)

$

381

 

Total liabilities

 

$

201

 

$

916

 

$

 

$

(736

)

$

381

 

 

(a)         Represents the impact of netting assets, liabilities and collateral when a legal right of offset exists.