REPOSITIONING AND OTHER CHARGES (Tables)

3 Months Ended

Mar. 31, 2015

Repositioning And Other Charges [Abstract]

Repositioning and other charges text block

	A summary of repositioning and other charges follows:
			Three Months Ended
			March 31,
			2015		2014
Severance		$	37	$	71
Asset impairments			8		9
Exit costs			1		8
Adjustments			(7)		(6)
Total net repositioning charge			39		82
Asbestos related litigation charges,
net of insurance			46		48
Probable and reasonably estimable
environmental liabilities			46		82
Other			-		2
Total net repositioning and other charges		$	131	$	214

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

The following table summarizes the pretax distribution of total net repositioning and other charges by income statement classification:
		Three Months Ended
		March 31,
		2015		2014
Cost of products and services sold	$	122	$	191
Selling, general and administrative expenses		9		23
	$	131	$	214

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
		March 31,
		2015		2014
Aerospace	$	48	$	76
Automation and Control Solutions		24		46
Performance Materials and Technologies		7		14
Corporate		52		78
	$	131	$	214

Total Repositioning Reserves

The following table summarizes the status of our total repositioning reserves:
		Severance		Asset		Exit
		Costs		Impairments		Costs		Total
December 31, 2014	$	285	$	-	$	30	$	315
Charges		37		8		1		46
Usage - cash		(24)		-		(3)		(27)
Usage - noncash		-		(8)		-		(8)
Foreign currency translation		(9)		-		(2)		(11)
Adjustments		(3)		-		(4)		(7)
March 31, 2015	$	286	$	-	$	22	$	308