Divestitures and Assets Held for Sale (Tables)

9 Months Ended

Sep. 30, 2012

Divestitures and Assets held for sale [Abstract]

Disclosure of assets and liabilities held for sale

The major classes of assets and liabilities held for sale for a portion of the Bucyrus distribution business were as follows:

(Millions of dollars)	September 30, 2012		December 31, 2011
Receivables – trade and other	$	—	$	25
Inventories	96		109
Current assets	$	96	$	134
Property, plant and equipment – net	$	36	$	28
Intangible assets	105		186
Goodwill	168		296
Non-current assets	$	309	$	510

Disclosure of assets and liabilities disposed of as part of divestiture

The major classes of assets and liabilities, previously classified as held for sale, that were disposed of as part of this divestiture are summarized in the following table:

(Millions of dollars)	July 31, 2012
Cash and short-term investments	$	8
Receivables – trade and other	204
Prepaid expenses and other current assets	5
Inventories	8
Current assets	$	225
Property, plant and equipment – net	$	163
Intangible assets	1
Other assets	59
Non-current assets	$	223
Accounts payable	$	18
Accrued expenses	17
Accrued wages, salaries and employee benefits	15
Current liabilities	$	50
Liability for postemployment benefits	$	58
Other liabilities	40
Long-term liabilities	$	98