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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 1,059 $ 931
Marketable securities 60 56
Accounts receivable    
Trade, less allowance for doubtful accounts of $8 in 2012 and 2011 818 979
Other 170 165
Inventories 742 784
Other current assets 104 106
Total current assets 2,953 3,021
Goodwill 101 100
Intangibles 325 400
Other noncurrent assets 324 273
Investments in affiliates 202 198
Property, plant and equipment, net 1,239 1,285
Total assets 5,144 5,277
Current liabilities    
Notes payable, including current portion of long-term debt 101 71
Accounts payable 766 942
Accrued payroll and employee benefits 160 150
Accrued restructuring costs 23 21
Taxes on income 63 46
Other accrued liabilities 197 223
Total current liabilities 1,310 1,453
Long-term debt 803 831
Pension and postretirement obligations 715 762
Other noncurrent liabilities 368 393
Total liabilities 3,196 3,439
Commitments and contingencies (Note 15)      
Parent company stockholders' equity    
Common stock, $0.01 par value, 450,000,000 shares authorized, 148,264,067 and 147,319,438 outstanding 2 1
Additional paid-in capital 2,668 2,643
Accumulated deficit (762) (1,001)
Treasury stock, at cost (1,797,988 and 645,734 shares) (25) (9)
Accumulated other comprehensive loss (793) (650)
Total parent company stockholders' equity 1,843 1,737
Noncontrolling equity 105 101
Total equity 1,948 1,838
Total liabilities and equity 5,144 5,277
Series A Preferred Stock
   
Parent company stockholders' equity    
Preferred stock 242 242
Series B Preferred Stock
   
Parent company stockholders' equity    
Preferred stock $ 511 $ 511