Fair Value of Financial Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Fair value of financial assets and liabilities

The following table represents assets and liabilities measured at fair value on a recurring basis. The basis for the measurement at fair value in all cases is Level 2 – Significant Other Observable Inputs.

	June 30, 2013		December 31, 2012
Assets:
Foreign exchange contracts-forwards	$	17	$	11
Deferred compensation investments in cash surrender life insurance	80		77
Deferred compensation investments in mutual funds	26		23
Total	$	123	$	111
Liabilities:
Foreign exchange contracts-forwards	$	61	$	82
Deferred compensation plan liabilities	—		110
Total	$	61	$	192

Estimated fair values of financial assets and liabilities not measured at fair value on a recurring basis

The estimated fair values of our other financial assets and liabilities not measured at fair value on a recurring basis were as follows:

	June 30, 2013				December 31, 2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Cash and cash equivalents	$	929	$	929	$	1,246	$	1,246
Accounts receivable, net	3,039		3,039		2,866		2,866
Short-term debt	1,783		1,816		1,042		1,051
Long-term debt	6,366		6,791		7,447		8,040