WordNet (r) 3.0 (2006):

chew the fat
    v 1: talk socially without exchanging too much information; "the
         men were sitting in the cafe and shooting the breeze" [syn:
         chew the fat, shoot the breeze, chat, confabulate,
         confab, chitchat, chit-chat, chatter, chaffer,
         natter, gossip, jaw, claver, visit]

Moby Thesaurus II by Grady Ward, 1.0:

19 Moby Thesaurus words for "chew the fat":
   bandy words, chew the rag, chin, colloque, colloquize,
   commerce with, commune with, communicate, communicate with, confab,
   confabulate, converse, converse with, discourse with,
   shoot the breeze, speak with, take counsel with, talk together,
   visit with