Repositioning and Other Charges (Tables)

6 Months Ended

Jun. 30, 2011

Repositioning and Other Charges (Tables) [Abstract]

Repositioning and other charges text block

Note 4. Repositioning and Other Charges
	A summary of repositioning and other charges follows:
			Three Months Ended				Six Months Ended
			June 30,				June 30,
			2011		2010		2011		2010
Severance		$	16	$	25	$	43	$	57
Asset impairments			-		1		10		9
Exit costs			1		-		12		4
Adjustments			(10)		(3)		(14)		(8)
Total net repositioning charge			7		23		51		62
Asbestos related litigation charges,
net of insurance			40		49		78		87
Probable and reasonably estimable
environmental liabilities			50		55		101		101
Other			(3)		-		(3)		18
Total net repositioning and other charges		$	94	$	127	$	227	$	268

Pretax distribution of total net repositionining and other charges by income statement classification

The following table summarizes the pretax classification of total net repositioning and other charges by income statement caption:
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2011		2010		2011		2010
Cost of products and services sold	$	84	$	122	$	202	$	260
Selling, general and administrative expenses		10		5		25		8
	$	94	$	127	$	227	$	268

Pretax Impact of Total Net Repositioning and Other Charges by Segment

The following table summarizes the pretax impact of total net repositioning and other charges by segment:
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2011		2010		2011		2010
Aerospace	$	(6)	$	6	$	(6)	$	6
Automation and Control Solutions		12		5		45		29
Specialty Materials		-		-		13		11
Transportation Systems		40		47		76		105
Corporate		48		69		99		117
	$	94	$	127	$	227	$	268

Total Repositioning Reserves

The following table summarizes the status of our total repositioning reserves:
		Severance		Asset		Exit
		Costs		Impairments		Costs		Total
December 31, 2010	$	276	$	-	$	34	$	310
Charges		43		10		12		65
Usage - cash		(72)		-		(9)		(81)
Usage - noncash		-		(10)		-		(10)
Foreign currency translation		3		-		-		3
Adjustments		(14)		-		-		(14)
June 30, 2011	$	236	$	-	$	37	$	273

Restructuring and Related Activities, Reportable Segment

				Automation and
2011 Repositioning Actions		Aerospace		Control Solutions		Total
Expected exit and disposal costs	$	5	$	2	$	7
Costs incurred during:
Current year-to-date		-		-		-
Remaining exit and disposal costs	$	5	$	2	$	7

				Automation and		Transportation
2010 Repositioning Actions		Aerospace		Control Solutions		Systems		Total
Expected exit and disposal costs	$	9	$	10	$	3	$	22
Costs incurred during:
Year ended December 31, 2010		-		-		-		-
Current year-to-date		-		(3)		-		(3)
Remaining exit and disposal costs	$	9	$	7	$	3	$	19