Divestitures and Assets held for sale (Tables)

12 Months Ended

Dec. 31, 2012

Divestitures and Assets held for sale

Major classes of assets held for sale

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

	December 31,
(Millions of dollars)	2012		2011
Receivables – trade and other	$	—	$	25
Inventories	30		109
Current assets held for sale	$	30	$	134
Property, plant and equipment – net	$	—	$	28
Intangible assets	32		186
Goodwill	52		296
Non-current assets held for sale	$	84	$	510

Major classes of assets and liabilities, previously classified as held for sale, 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