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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 1,030 $ 1,059
Marketable securities 97 60
Accounts receivable    
Trade, less allowance for doubtful accounts of $8 in 2013 and 2012 975 818
Other 163 170
Inventories    
Raw materials 394 388
Work in process and finished goods 379 354
Other current assets 122 104
Total current assets 3,160 2,953
Goodwill 100 101
Intangibles 273 325
Other noncurrent assets 252 324
Investments in affiliates 210 202
Property, plant and equipment, net 1,179 1,239
Total assets 5,174 5,144
Current liabilities    
Notes payable, including current portion of long-term debt 74 101
Accounts payable 938 766
Accrued payroll and employee benefits 150 160
Accrued restructuring costs 15 23
Taxes on income 69 63
Other accrued liabilities 169 197
Total current liabilities 1,415 1,310
Long-term debt 824 803
Pension and postretirement obligations 669 715
Other noncurrent liabilities 355 368
Total liabilities 3,263 3,196
Commitments and contingencies (Note 13)      
Parent company stockholders' equity    
Common stock, $0.01 par value, 450,000,000 shares authorized, 145,695,504 and 148,264,067 outstanding 2 2
Additional paid-in capital 2,703 2,668
Accumulated deficit (658) (762)
Treasury stock, at cost (6,966,217 and 1,797,988 shares) (115) (25)
Accumulated other comprehensive loss (858) (793)
Total parent company stockholders' equity 1,813 1,843
Noncontrolling equity 98 105
Total equity 1,911 1,948
Total liabilities and equity 5,174 5,144
Series A Preferred Stock
   
Parent company stockholders' equity    
Preferred stock 242 242
Series B Preferred Stock
   
Parent company stockholders' equity    
Preferred stock $ 497 $ 511