Repositioning and Other Charges (Tables)

9 Months Ended

Sep. 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				Nine Months Ended
			September 30,				September 30,
			2011		2010		2011		2010
Severance		$	194	$	64	$	237	$	121
Asset impairments			76		12		86		21
Exit costs			35		5		47		9
Adjustments			(7)		(9)		(21)		(17)
Total net repositioning charge			298		72		349		134
Asbestos related litigation charges,
net of insurance			38		48		116		135
Probable and reasonably estimable
environmental liabilities			76		68		177		169
Other			(2)		24		(5)		42
Total net repositioning and other charges		$	410	$	212	$	637	$	480

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				Nine Months Ended
		September 30,				September 30,
		2011		2010		2011		2010
Cost of products and services sold	$	343	$	185	$	545	$	445
Selling, general and administrative expenses		67		27		92		35
	$	410	$	212	$	637	$	480

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				Nine Months Ended
		September 30,				September 30,
		2011		2010		2011		2010
Aerospace	$	38	$	27	$	32	$	33
Automation and Control Solutions		137		34		182		63
Specialty Materials		28		14		41		25
Transportation Systems		120		44		196		149
Corporate		87		93		186		210
	$	410	$	212	$	637	$	480

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		237		86		47		370
Usage - cash		(95)		-		(17)		(112)
Usage - noncash		-		(86)		-		(86)
Foreign currency translation		-		-		-		-
Adjustments		(21)		-		-		(21)
September 30, 2011	$	397	$	-	$	64	$	461

Restructuring and Related Activities, Reportable Segment

				Automation and		Transportation
2011 Repositioning Actions		Aerospace		Control Solutions		Systems		Total
Expected exit and disposal costs	$	15	$	15	$	7	$	37
Costs incurred during:
Current year-to-date		-		-		-		-
Remaining exit and disposal costs	$	15	$	15	$	7	$	37

				Automation and		Transportation
2010 Repositioning Actions		Aerospace		Control Solutions		Systems		Total
Expected exit and disposal costs	$	11	$	10	$	2	$	23
Costs incurred during:
Year ended December 31, 2010		-		-		-		-
Current year-to-date		(1)		(3)		-		(4)
Remaining exit and disposal costs	$	10	$	7	$	2	$	19