Discontinued Operations (Tables)

6 Months Ended

Jun. 28, 2014

Discontinued Operations and Disposal Groups [Abstract]

Summarized Activity Of Discontinued Operations

The following table displays summarized activity in the Company's condensed consolidated statements of operations for discontinued operations during the three and six months endedJune 28, 2014 and June 29, 2013:

	Three Months Ended						Six Months Ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
Net sales	$	560		$	610		$	1,133		$	1,187
Operating earnings	55			63			118			106
Loss on sales of investments and businesses, net	(1		)	—			(1		)	—
Investment impairments	(3		)	(2		)	(3		)	(2		)
Earnings before income taxes	50			57			112			106
Income tax expense (benefit)	(696		)	22			(676		)	36
Earnings from discontinued operations, net of tax	$	746		$	35		$	788		$	70

During the three months ended June 28, 2014, the Company recorded a $721 million tax benefit to establish a deferred tax asset associated with an outside basis difference which we now expect to realize in the foreseeable future. The tax benefit represents the excess of the tax basis of our investment in the Enterprise subsidiaries over the financial statement carrying value (the deductible outside basis difference).

The following table displays a summary of the assets and liabilities held for sale as of June 28, 2014 and December 31, 2013:

	June 28, 2014		December 31, 2013
Assets:
Accounts receivable, net	$	468	$	551
Inventories, net	215		175
Deferred income taxes	225		219
Other current assets	132		134
Property, plant and equipment, net	94		115
Investments	20		19
Goodwill	1,151		1,149
Other assets	102		95
	$	2,407	$	2,457
Liabilities:
Accounts payable	$	196	$	231
Accrued liabilities	656		639
Other liabilities	178		171
	$	1,030	$	1,041