Acquisitions (Tables)

12 Months Ended

Dec. 31, 2014

Acquisitions

Allocation of purchase price

	2012 Acquisition Activity
(Millions)			Other		Total
Asset (Liability)	Ceradyne, Inc.		Acquisitions
Accounts receivable	$	55	$	29	$	84
Inventory		112		13		125
Other current assets		36		1		37
Marketable securities		250		―		250
Property, plant, and equipment		238		3		241
Purchased finite-lived intangible assets		127		86		213
Purchased indefinite-lived intangible assets		―		2		2
Purchased goodwill		198		141		339
Accounts payable and other liabilities, net of other assets		(100)		(27)		(127)
Interest bearing debt		(93)		(3)		(96)
Deferred tax asset/(liability)		(25)		3		(22)
Net assets acquired	$	798	$	248	$	1,046
Supplemental information:
Cash paid	$	850	$	248	$	1,098
Less: Cash acquired		52		―		52
Cash paid, net of cash acquired	$	798	$	248	$	1,046