The following table provides quantitative data regarding our third party guarantees. The maximum potential payments represent a “worst-case scenario,” and do not necessarily reflect amounts that we expect to pay. Estimated proceeds from collateral and recourse represent the anticipated values of assets we could liquidate or receive from other parties to offset our payments under guarantees. The carrying amount of liabilities represents the amount included in Accrued liabilities.
|
| | | | | | | | | | | | | | | | | | | | |
| Maximum Potential Payments | | Estimated Proceeds from Collateral/ Recourse | | Carrying Amount of Liabilities |
December 31, | 2013 |
| 2012 |
| | 2013 |
| 2012 |
| | 2013 |
| 2012 |
|
Contingent repurchase commitments |
| $1,872 |
|
| $2,065 |
| |
| $1,871 |
|
| $2,065 |
| |
| $5 |
|
| $5 |
|
Indemnifications to ULA: | | | | | | | | |
Contributed Delta program launch inventory | 127 |
| 137 |
| | | | | | |
Contract pricing | 261 |
| 261 |
| | | | | 7 |
| 7 |
|
Other Delta contracts | 227 |
| 232 |
| | | | | 8 |
| 8 |
|
Other indemnifications | 106 |
| 137 |
| | | | | 28 |
| 32 |
|
Credit guarantees | 35 |
| 13 |
| | 27 |
| 4 |
| | 2 |
| 2 |
|
