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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Assets and liabilities measured at fair value on a recurring basis
The following tables set forth the assets and liabilities measured at fair value on a recurring basis, by input level, as of June 30, 2018 and December 31, 2017:
 
June 30, 2018
Location and Description
Level 1

Level 2

Level 3

Total
 
(in millions)
Cash equivalents
$
50

 
$

 
$

 
$
50

Other current assets (investments)

 

 

 

Other current assets (commodity derivatives)

 
1

 

 
1

Total Assets
$
50

 
$
1

 
$

 
$
51

Other current liabilities (commodity derivatives)
$

 
$
(27
)
 
$

 
$
(27
)
Other current liabilities (biofuel blending obligation)

 
(11
)
 

 
(11
)
Total Liabilities
$

 
$
(38
)
 
$

 
$
(38
)

 
December 31, 2017
Location and Description
  Level 1
 
  Level 2
 
  Level 3
 
Total
 
(in millions)
Cash equivalents
$
15

 
$

 
$

 
$
15

Other current assets (investments)

 

 

 

Total Assets
$
15

 
$

 
$

 
$
15

Other current liabilities (commodity derivatives)
$

 
$
(64
)
 
$

 
$
(64
)
Other long-term liabilities (biofuel blending obligation)

 
(1
)
 

 
(1
)
Total Liabilities
$

 
$
(65
)
 
$

 
$
(65
)