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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2012
Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for 2012 and 2011, by segment, were as follows, in millions:

 

     Gross
Goodwill At
December 31,

2012
     Accumulated
Impairment
Losses
    Net
Goodwill At
December 31,
2012
 

Cabinets and Related Products

   $ 589       $ (408   $ 181   

Plumbing Products

     544         (340     204   

Installation and Other Services

     1,806         (762     1,044   

Decorative Architectural Products

     294         (75     219   

Other Specialty Products

     980         (734     246   
  

 

 

    

 

 

   

 

 

 

Total

   $ 4,213       $ (2,319   $ 1,894   
  

 

 

    

 

 

   

 

 

 

 

    Gross
Goodwill At
December 31,

2011
    Accumulated
Impairment
Losses
    Net
Goodwill At
December 31,
2011
    Pre-tax
Impairment
Charge
    Other(C)     Net
Goodwill At
December 31,
2012
 

Cabinets and Related Products

  $ 589      $ (408   $ 181      $      $      $ 181   

Plumbing Products

    541        (340     201               3        204   

Installation and Other Services

    1,806        (762     1,044                      1,044   

Decorative Architectural Products

    294        (75     219                      219   

Other Specialty Products

    980        (734     246                      246   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 4,210      $ (2,319   $ 1,891      $      $ 3      $ 1,894   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

    Gross
Goodwill At
December 31,
2010
    Accumulated
Impairment

Losses
    Net
Goodwill At
December 31,
2010
    Additions(A)     Discontinued
Operations(B)
    Pre-tax
Impairment
Charge
    Other(C)     Net
Goodwill At
December 31,
2011
 

Cabinets and Related Products

  $ 587      $ (364   $ 223      $      $      $ (44   $ 2      $ 181   

Plumbing Products

    536        (340     196        9                      (4     201   

Installation and Other Services

    1,819        (762     1,057               (13                   1,044   

Decorative Architectural Products

    294               294                      (75            219   

Other Specialty Products

    980        (367     613                      (367            246   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 4,216      $ (1,833   $ 2,383      $ 9      $ (13   $ (486   $ (2   $ 1,891   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(A) Additions include acquisitions.

 

(B) During 2011, the Company reclassified the goodwill related to the business units held for sale. Subsequent to the reclassification, the Company recognized a charge for those business units expected to be divested at a loss; the charge included a write-down of goodwill of $13 million.

 

(C) Other principally includes the effect of foreign currency translation and purchase price adjustments related to prior-year acquisitions.