XML 75 R51.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair Value Measurements (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Financial Assets:    
Financial Assets: Crude Oil and Natural Gas Derivative Contracts   $ 62
Financial Assets: Crude Oil and Natural Gas Options/Swaptions   6
Financial Liabilities:    
Proved oil and gas properties and other property, plant and equipment written down to fair value during the period - carrying amount 1,450 1,013
Proved Oil and Gas Properties and Other Property, Plant and Equipment Written Down During the Period - Fair value at End of Period 616 487
Impairment Charge for Proved Oil and Gas Properties (Pretax) in Canada   418
Impairment Charge for Proved Oil and Gas Properties (Pretax) in the United States 278 107
Impairment Charge for Proved Oil and Gas Properties (Pretax) in Trinidad   1
Impairment Charge for Shallow Natural Gas Assets Sold in Canada   280
Impairment Charge for Proved Oil and Gas Properties and Other Property, Plant and Equipment (Pretax) in the United States 834  
Fair Value, Inputs, Level 1 [Member]
   
Financial Assets:    
Financial Assets: Crude Oil and Natural Gas Derivative Contracts 0 0
Financial Assets: Crude Oil and Natural Gas Options/Swaptions 0 0
Financial Assets: Interest Rate Swaps   0
Financial Liabilities:    
Financial Liabilities: Foreign Currency Rate Swap 0 0
Financial Liabilities: Contingent Consideration (see Note 17) 0 0
Financial Liabilities: Crude Oil and Natural Gas Derivative Contracts   0
Financial Liabilities: Interest Rate Swap 0  
Fair Value, Inputs, Level 2 [Member]
   
Financial Assets:    
Financial Assets: Crude Oil and Natural Gas Derivative Contracts 110  
Financial Assets: Crude Oil and Natural Gas Options/Swaptions 376  
Financial Assets: Interest Rate Swaps   2
Financial Liabilities:    
Financial Liabilities: Foreign Currency Rate Swap 52 55
Financial Liabilities: Contingent Consideration (see Note 17)   0
Financial Liabilities: Crude Oil and Natural Gas Derivative Contracts   29
Financial Liabilities: Interest Rate Swap 3  
Fair Value, Inputs, Level 3 [Member]
   
Financial Assets:    
Financial Assets: Crude Oil and Natural Gas Derivative Contracts 0 0
Financial Assets: Crude Oil and Natural Gas Options/Swaptions 0 0
Financial Assets: Interest Rate Swaps   0
Financial Liabilities:    
Financial Liabilities: Foreign Currency Rate Swap 0 0
Financial Liabilities: Contingent Consideration (see Note 17)   14
Financial Liabilities: Crude Oil and Natural Gas Derivative Contracts   0
Financial Liabilities: Interest Rate Swap $ 0