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Contingencies (Tables)
12 Months Ended
Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Contingent Contractual Obligations
The following table summarizes the Parent Company's contingent contractual obligations as of December 31, 2015. Amounts presented in the table below represent the Parent Company's current undiscounted exposure to guarantees and the range of maximum undiscounted potential exposure. The maximum exposure is not reduced by the amounts, if any, that could be recovered under the recourse or collateralization provisions in the guarantees. The amounts include obligations made by the Parent Company for the direct benefit of the lenders associated with the non-recourse debt of its businesses of $14 million.
Contingent Contractual Obligations
 
Amount
 
Number of Agreements
 
Maximum Exposure Range for Each Agreement
 
 
(in millions)
 
 
 
(in millions)
Guarantees and commitments
 
$
369

 
14
 
$1 - 53
Asset sale related indemnities(1)
 
27

 
1
 
27
Cash collateralized letters of credit
 
32

 
4
 
$1 - 15
Letters of credit under the senior secured credit facility
 
62

 
7
 
<$1 - 29
Total
 
$
490

 
26
 
 

(1) Excludes normal and customary representations and warranties in agreements for the sale of assets (including ownership in associated legal entities) where the associated risk is considered to be nominal.