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OTHER (INCOME)/EXPENSE
12 Months Ended
Dec. 31, 2011
Other (Income)/Expense [Abstract]  
Other (Income)/Expense [Text Block]

Note 7. OTHER (INCOME)/EXPENSE

 

Other (income)/expense includes:

  Year Ended December 31,
Dollars in Millions2011 2010 2009
Interest expense$ 145 $ 145 $ 184
Interest income  (91)   (75)   (54)
Impairment and loss on sale of manufacturing operations  -   236   -
Gain on sale of product lines, businesses and assets  (37)   (39)   (360)
Other income received from alliance partners  (140)   (136)   (148)
Pension curtailment and settlement charges  10   28   43
Litigation charges/(recoveries)  (25)   -   -
Product liability charges/(recoveries)  31   17   (6)
Other  (62)   (50)   (40)
Other (income)/expense$ (169) $ 126 $ (381)