v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 424 $ 318
Receivables, less allowances for discounts and doubtful accounts of $33 and $37 in 2012 and 2011, respectively 801 756
Inventories, net 467 426
Prepaid and other current assets 106 97
Deferred income tax assets 36 45
Total current assets 1,834 1,642
Property, plant and equipment, net 464 463
Goodwill 1,621 1,610
Other intangible assets, net 485 505
Other non-current assets 192 173
Total assets 4,596 4,393
Current liabilities:    
Accounts payable 316 322
Accrued and other current liabilities 456 490
Short-term borrowings and current maturities of long-term debt 13 5
Total current liabilities 785 817
Long-term debt 1,199 1,201
Accrued postretirement benefits 319 316
Deferred income tax liability 170 165
Other non-current accrued liabilities 69 67
Total liabilities 2,542 2,566
Commitments and contingencies (Note 15)      
Stockholders' equity:    
Issued 186.0 shares and 184.6 shares in 2012 and 2011, respectively 2 2
Capital in excess of par value 1,699 1,663
Retained earnings 206 40
Treasury stock - at cost 0.2 shares and 0 shares in 2012 and 2011, respectively (6) 0
Accumulated other comprehensive income 153 122
Total stockholders' equity 2,054 1,827
Total liabilities and stockholders' equity $ 4,596 $ 4,393