XML 81 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 773 $ 931
Marketable securities 58 56
Accounts receivable    
Trade, less allowance for doubtful accounts of $8 in 2012 and 2011 1,155 979
Other 190 193
Inventories    
Raw materials 421 388
Work in process and finished goods 434 396
Other current assets 139 106
Total current assets 3,170 3,049
Goodwill 103 100
Intangibles 385 400
Other noncurrent assets 264 273
Investments in affiliates 205 198
Property, plant and equipment, net 1,295 1,285
Total assets 5,422 5,305
Current liabilities    
Notes payable, including current portion of long-term debt 88 71
Accounts payable 1,071 942
Accrued payroll and employee benefits 145 150
Accrued restructuring costs 31 33
Taxes on income 70 46
Other accrued liabilities 214 251
Total current liabilities 1,619 1,493
Long-term debt 847 831
Pension and postretirement obligations 600 762
Other noncurrent liabilities 398 381
Total liabilities 3,464 3,467
Commitments and contingencies (Note 12)      
Parent company stockholders' equity    
Common stock, $0.01 par value, 450,000,000 shares authorized, 147,654,491 and 147,319,438 outstanding 1 1
Additional paid-in capital 2,648 2,643
Accumulated deficit (946) (1,001)
Treasury stock, at cost (647,991 and 645,734 shares) (9) (9)
Accumulated other comprehensive loss (594) (650)
Total parent company stockholders' equity 1,853 1,737
Noncontrolling equity 105 101
Total equity 1,958 1,838
Total liabilities and equity 5,422 5,305
Series A Preferred stock
   
Parent company stockholders' equity    
Preferred stock 242 242
Series B Preferred stock
   
Parent company stockholders' equity    
Preferred stock $ 511 $ 511