Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Financial Information Related to Discontinued Operations

Summary financial information related to discontinued operations is as follows (in millions):


	2011				2010
Net sales		$	193			$	1,177
(Loss) earnings before income taxes			(40	)			17

(Loss) earnings after income taxes			(28	)			7
Gain on sale of EIG, after income taxes			—				184
Other adjustments			16				73
Net (loss) earnings from discontinued operations		$	(12	)		$	264

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details