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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash, including time deposits of $114 ($441 in 2010) $ 400 $ 640
Receivables, less allowances of $38 ($40 in 2010) for losses and discounts 1,158 1,075
Inventories 1,012 946
Prepaid expenses 124 77
Total current assets 2,694 2,738
Other assets:    
Equity investments 315 299
Repair parts inventories 155 147
Pension assets 116 54
Other assets 687 588
Goodwill 2,082 2,821
Total other assets 3,355 3,909
Property, plant, and equipment:    
Land, at cost 269 288
Buildings and equipment, at cost:    
Buildings and building equipment 1,226 1,233
Factory machinery and equipment 5,095 5,111
Transportation, office, and miscellaneous equipment 136 136
Construction in progress 173 248
Property, plant, and equipment, at cost 6,899 7,016
Less accumulated depreciation 4,022 3,909
Net property, plant, and equipment 2,877 3,107
Total assets 8,926 9,754
Current liabilities:    
Short-term loans 330 257
Accounts payable 1,038 878
Salaries and wages 149 160
U.S. and foreign income taxes 38 32
Other accrued liabilities 449 485
Long-term debt due within one year 76 97
Total current liabilities 2,080 1,909
Long-term debt 3,627 3,924
Deferred taxes 212 203
Pension benefits 871 576
Nonpension postretirement benefits 269 259
Other liabilities 404 381
Share owner's equity of the Company:    
Common stock, par value $.01 per share, 1,000 shares authorized, 100 shares issued and outstanding      
Other contributed capital 295 507
Retained earnings 2,295 2,640
Accumulated other comprehensive loss (1,280) (856)
Total share owner's equity of the Company 1,310 2,291
Noncontrolling interests 153 211
Total share owners' equity 1,463 2,502
Total liabilities and share owners' equity $ 8,926 $ 9,754