ASSET RETIREMENT OBLIGATIONS (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |
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Dec. 31, 2011
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Dec. 31, 2010
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Changes to asset retirement obligation liabilities | ||
Asset retirement obligation at beginning of year | $ 24 | $ 21 |
Accretion expense | 2 | 1 |
Liabilities incurred | 1 | |
Liabilities assumed in connection with consolidation of a variable interest entity | 2 | |
Liabilities settled | (1) | |
Foreign currency effect on reserve balance | (1) | 1 |
Asset retirement obligation at end of year | $ 26 | $ 24 |
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- Definition
Represents the amount of asset retirement obligations incurred during the period, in connection with the consolidation of a variable interest entity. No definition available.
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- Definition
Amount of accretion expense recognized during the period that is associated with an asset retirement obligation. Accretion expense measures and incorporates changes due to the passage of time into the carrying amount of the liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the Increase or Decrease in the amount of asset retirement obligations for the period associated with foreign currency translation (to the extent that the entity accounts for the foreign currency effects as a separate component of the change in the liability). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of asset retirement obligations incurred during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of asset retirement obligations settled, or otherwise disposed of, during the period. This may include asset retirement obligations transferred to third parties associated with the sale of a long-lived asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Noncurrent portion of the carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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