v2.4.0.6
Debt (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Debt Instrument [Line Items]    
Long-term Debt $ 10,425 $ 10,256
Debt, Current 104 152
Debt, net of current portion 10,321 10,104
Corporate Debt Securities [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 5,892 [1] 4,691 [1]
First Lien Notes 2017 [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 1,200 1,200
Debt Instrument, Interest Rate, Effective Percentage 7.50% [2] 7.50% [2]
First Lien Notes 2019 [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 400 400
Debt Instrument, Interest Rate, Effective Percentage 8.20% [2] 8.20% [2]
First Lien Notes 2020 [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 1,092 1,091
Debt Instrument, Interest Rate, Effective Percentage 8.10% [2] 8.10% [2]
First Lien Notes 2021 [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 2,000 2,000
Debt Instrument, Interest Rate, Effective Percentage 7.70% [2] 7.70% [2]
First Lien Notes 2023 [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 1,200 [3] 0 [3]
Debt Instrument, Interest Rate, Effective Percentage 8.00% [2] 0.00% [2]
Debt Instrument, Interest Rate, Stated Percentage 7.875%  
Total First Lien Notes [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 5,892 4,691
Notes Payable, Other Payables [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 1,691 [4],[5] 1,922 [4],[5]
Loans Payable [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 1,646 [4],[6] 0 [4],[6]
Line of Credit [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 0 [1] 1,184 [1]
Secured Debt [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 972 965
Capital Lease Obligations [Member]
    
Debt Instrument [Line Items]    
Long-term Debt 224 236
NDH Project Debt Credit Facility [Member]
    
Debt Instrument [Line Items]    
Long-term Debt $ 0 [6] $ 1,258 [6]
[1] On January 14, 2011, we repaid and terminated the First Lien Credit Facility with the issuance of the 2023 First Lien Notes as discussed below.
[2] Our weighted average interest rate calculation includes the amortization of deferred financing costs and debt discount.
[3] On January 14, 2011, we issued $1.2 billion in aggregate principal amount of 7.875% senior secured notes due 2023 in a private placement. Interest on the 2023 First Lien Notes is payable semi-annually on January 15 and July 15 of each year, beginning on July 15, 2011. The 2023 First Lien Notes will mature on January 15, 2023.
[4] On June 17, 2011, we repaid approximately $340 million of project debt with the proceeds received from $360 million in borrowings under the New Term Loan as further described below.
[5] On June 24, 2011, we closed on the approximately $845 million Russell City Project Debt to fund the construction of Russell City and on August 23, 2011, we closed on the $373 million Los Esteros Project Debt to fund the upgrade of our Los Esteros Critical Energy Facility, both further described below.
[6] On March 9, 2011, we borrowed $1.3 billion under the Term Loan and repaid and terminated the NDH Project Debt as discussed below.