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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 940 $ 931
Marketable securities 64 56
Accounts receivable    
Trade, less allowance for doubtful accounts of $10 in 2012 and $8 in 2011 969 979
Other 194 193
Inventories    
Raw materials 432 388
Work in process and finished goods 438 396
Other current assets 132 106
Total current assets 3,169 3,049
Goodwill 99 100
Intangibles 341 400
Other noncurrent assets 264 273
Investments in affiliates 203 198
Property, plant and equipment, net 1,236 1,285
Total assets 5,312 5,305
Current liabilities    
Notes payable, including current portion of long-term debt 123 71
Accounts payable 902 942
Accrued payroll and employee benefits 163 150
Accrued restructuring costs 40 33
Taxes on income 82 46
Other accrued liabilities 219 251
Total current liabilities 1,529 1,493
Long-term debt 813 831
Pension and postretirement obligations 557 762
Other noncurrent liabilities 386 381
Total liabilities 3,285 3,467
Commitments and contingencies (Note 13)      
Parent company stockholders' equity    
Common stock, $0.01 par value, 450,000,000 shares authorized, 148,098,278 and 147,319,438 outstanding 1 1
Additional paid-in capital 2,656 2,643
Accumulated deficit (834) (1,001)
Treasury stock, at cost (714,021 and 645,734 shares) (10) (9)
Accumulated other comprehensive loss (643) (650)
Total parent company stockholders' equity 1,923 1,737
Noncontrolling equity 104 101
Total equity 2,027 1,838
Total liabilities and equity 5,312 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