Note 2: Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2012

Notes to Condensed Consolidated Financial Statements [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Text Block]

			Quarter Ended September 30,				Nine Months Ended September 30,
(Dollars in millions)			2012		2011		2012		2011
Discontinued Operations:
	Net sales		$	522	$	570	$	1,607	$	1,847
	Income from operations		$	91	$	52	$	118	$	201
	Income tax expense			(30)		(15)		(38)		(90)
		Income from operations, net of income taxes		61		37		80		111
	Loss on disposal			(26)		-		(1,197)		-
	Income tax benefit			135		-		294		-
	Net income (loss) on discontinued operations		$	170	$	37	$	(823)	$	111

(Dollars in millions)
Assets
Cash and cash equivalents		$	55
Accounts receivable, net			332
Inventories and contracts in progress, net			172
Future income tax benefits, current			7
Other assets, current			3
Future income tax benefits			2
Fixed assets, net			300
Goodwill			909
Intangible assets, net			60
Other assets			44
	Assets of discontinued operations	$	1,884
Liabilities
Short-term borrowings		$	1
Accounts payable			128
Accrued liabilities			229
Future pension and postretirement benefit obligations			1
Other long-term liabilities			46
	Liabilities of discontinued operations	$	405