XML 126 R110.htm IDEA: XBRL DOCUMENT v2.4.0.6
Divestitures and Discontinued Operations (Narrative) (Details) (USD $)
12 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Sep. 30, 2011
Hussmann Divestiture [Member]
Jun. 30, 2011
Hussmann Divestiture [Member]
Dec. 31, 2011
Hussmann Divestiture [Member]
Jun. 30, 2011
Hussmann Divestiture [Member]
Dec. 31, 2011
Hussmann Divestiture [Member]
Dec. 31, 2010
Hussmann Divestiture [Member]
Dec. 31, 2009
Hussmann Divestiture [Member]
Dec. 31, 2011
Integrated Systems and Services divestiture [Member]
Dec. 31, 2010
Integrated Systems and Services divestiture [Member]
Dec. 31, 2009
Integrated Systems and Services divestiture [Member]
Sep. 30, 2010
Energy Systems Divestiture [Member]
Dec. 31, 2011
Energy Systems Divestiture [Member]
Dec. 31, 2010
Energy Systems Divestiture [Member]
Dec. 31, 2009
Energy Systems Divestiture [Member]
Sep. 30, 2010
KOXKA Divestiture [Member]
Dec. 31, 2011
KOXKA Divestiture [Member]
Dec. 31, 2010
KOXKA Divestiture [Member]
Dec. 31, 2009
KOXKA Divestiture [Member]
Jun. 30, 2011
Compact Equipment [Member]
Dec. 31, 2007
Compact Equipment [Member]
Dec. 31, 2009
Immaterial accounting error [Member]
Dec. 31, 2009
Reduction in liability for unrecognized tax benefits [Member]
Ownership Interest, Anticipated Sale Percentage, Hussmann Business         100.00%                                        
Disposal Group, After tax impairment             $ (384,000,000)                                    
Transaction Costs           9,000,000 3,000,000 12,200,000                                  
Cash proceeds, before purchase price adjustments       370,000,000                                          
Hussmann Parent Initial Ownership Interest, Hussmann Business       60.00%                                          
IR Initial Ownership interest, Hussmann Business       40.00%                                          
Hussmann divestiture, consideration received           438,000,000   438,000,000                                  
Cash proceeds received           351,000,000                                      
Hussmann divestiture, equity consideration           87,000,000                                      
Loss on sale/asset impairment (646,900,000) 0 0     (260,000,000)   (646,900,000) [1],[2],[3] 0 0                              
Loss on sale/asset impairment, after-tax           (162,000,000)                                      
Assets held for sale, net           576,000,000   576,000,000                                  
Disposal group, Accumulated other comprehensive loss           (86,000,000)   (86,000,000)                                  
Indemnification obligation, Hussmann           27,000,000   27,000,000                                  
Discontinued operations, tax benefit                                   12,200,000             22,000,000
Discontinued Operation, Tax Effect of Discontinued Operation (69,900,000) (61,300,000) (87,600,000)                                         29,000,000  
Pre-tax gain (loss) on sale (57,700,000) (5,400,000) (28,600,000)               (6,700,000)                            
Gain (loss) on sale, net of tax                     (5,000,000) 0 0   600,000 (3,200,000) 0   0 (900,000) 0        
Discontinued Operation, After-tax impairment loss                           (8,300,000)       (53,900,000)              
Gross proceeds from sale of businesses                                             4,900,000,000    
Purchase Price Adjustments                                           $ 48,300,000      
[1] Results represent the operating results of Hussmann Business and Branches through their respective divestiture transaction dates.
[2] Included in Loss on sale/asset impairment for the year ended December 31, 2011 are transaction costs of $12.2 million
[3] During the year ended December 31, 2011, the Company recorded a pre-tax loss on sale and impairment charges related to the Hussmann divestiture of $646.9 million. These charges have been excluded from Segment operating income within the Climate Solutions segment as management excludes these charges from Operating income when making operating decisions about the business