Fair Value Measurements and Derivatives (Tables)

12 Months Ended

Dec. 31, 2012

Assets and Liabilities Measured at Fair Value on Recurring Basis

Fair value measurements on a recurring basis — Assets and liabilities that are carried in our balance sheet at fair value are as follows:

			Fair Value Measurements Using
			Quoted
			Prices in		Significant		Significant
			Active		Inputs		Inputs
			Markets		Observable		Unobservable
December 31, 2012	Total		(Level 1)		(Level 2)		(Level 3)
Notes receivable - noncurrent asset	$	129	$	-	$	-	$	129
Marketable securities - current asset		60		37		23
Currency forward contracts - current asset		4				4
Currency forward contracts - current liability		1				1
December 31, 2011
Notes receivable - noncurrent asset	$	116	$	-	$	-	$	116
Marketable securities - current asset		56		33		23
Currency forward contracts - current asset		1				1
Currency forward contracts - current liability		16				16

Changes in Level 3 Recurring Fair Value Measurements

Changes in Level 3 recurring fair value measurements —

Notes receivable	2012			2011		2010
Beginning of period	$	116		$	103	$	94
Accretion of value (interest income)		14			13		11
Note sold in Structures sale							(2	)
Other		(1	)
End of period	$	129		$	116	$	103

Fair Value of Financial Instruments

Fair value of financial instruments — The fair values of financial instruments that do not approximate carrying values in our balance sheet are as follows:

	2012				2011
	Carrying		Fair		Carrying		Fair
	Value		Value		Value		Value
Senior Notes	$	750	$	805	$	750	$	765
Other indebtedness		109		107		105		103
Total	$	859	$	912	$	855	$	868

Notional Amount of Currency Forward Contracts Designated and Undesignated as Cash Flow Hedges

The following currency forward contracts were outstanding at December 31, 2012 and 2011 and are primarily associated with forecasted transactions involving the purchases and sales of inventory through the next twelve months:

		Notional Amount (U.S. Dollar Equivalent)
Functional Currency	Traded Currency	Designated as Cash Flow Hedges		Undesignated		Total		Maturity
December 31, 2012:
U.S. dollar	Mexican peso	$	93	$	-	$	93		Dec-13
Euro	U.S. dollar, Canadian dollar, Hungarian forint, British pound		33				33		Dec-13
British pound	U.S. dollar, Euro		42		1		43		Dec-13
Swedish krona	Euro		14		4		18		Dec-13
Australian dollar	U.S. dollar		8		3		11		Nov-13
Indian rupee	U.S. dollar, British pound, Euro				19		19		Nov-13
Total forward contracts		$	190	$	27	$	217
December 31, 2011:
Mexican peso	U.S. dollar	$	101	$	-	$	101		Dec-12
Euro	U.S. dollar, Canadian dollar, Hungarian forint, Japanese yen		35		7		42		Dec-12
British pound	U.S. dollar, Euro		22		1		23		Dec-12
Swedish krona	Euro		17				17		Dec-12
Australian dollar	U.S. dollar		12				12		Dec-12
Indian rupee	U.S. dollar, British pound, Euro				18		18		Sep-12
Total forward contracts		$	187	$	26	$	213