7. Investments, Advances and Long-Term Receivables


	Dec. 31, 2011		Dec. 31, 2010
	(millions of dollars)
Companies carried at equity in underlying assets
Investments	$	16,968	$	17,429
Advances		9,740		9,286
Total equity company investments and advances	$	26,708	$	26,715
Companies carried at cost or less and stock investments carried at fair value		1,544		1,557
Long-term receivables and miscellaneous investments at cost or less, net of reserves of $469 million and $292 million		6,081		7,066
Total	$	34,333	$	35,338