Discontinued Operations

9 Months Ended

Sep. 30, 2012

Discontinued Operations

B. Selected financial information for the discontinued operations, during the period owned by the Company, was as follows, in millions:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2012			2011			2012			2011
Net Sales	$	23		$	28		$	64		$	71
Operating loss from discontinued operations	$	(3	)	$	(5	)	$	(10	)	$	(16	)
Impairment of assets		(3	)		(7	)		(3	)		(7	)
Loss on disposal of discontinued operations, net		—			—			(3	)		—
Loss before income tax		(6	)		(12	)		(16	)		(23	)
Income taxes		1			8			14			8
Loss from discontinued operations	$	(7	)	$	(20	)	$	(30	)	$	(31	)

The unusual relationship between income taxes and loss before income tax in 2012 results primarily from the increase in the deferred tax liability associated with the abandonment of tax basis in indefinite-lived intangibles due to the disposition of certain discontinued operations.