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Company Transformation (Tables) | 9 Months Ended
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Sep. 30, 2011
Company Transformation [Abstract] |
Components of transformation costs |
|  | Three |  |  | Nine |
For the Periods Ended September 30, 2011 |  | Months |  |  | Months |
Transformation Costs: |  |  |  |  |  |  |  |
Non-cash asset impairment |  | $ | 9 |  |  | $ | 64 |
Advisory fees |  |  | 32 |  |  |  | 75 |
IT costs |  |  | 36 |  |  |  | 58 |
Lease termination and other real estate costs |  |  | 10 |  |  |  | 13 |
Loss on early extinguishment of debt |  |  | 3 |  |  |  | 3 |
Employee retention and other compensation costs |  |  | 23 |  |  |  | 36 |
Other costs |  |  | 19 |  |  |  | 30 |
Transformation costs in operating income |  |  | 132 |  |  |  | 279 |
Tax-related separation (benefit) costs(a) |  |  | (4 | ) |  |  | 10 |
Total transformation costs before tax benefit |  |  | 128 |  |  |  | 289 |
Income tax benefit |  |  | (35 | ) |  |  | (87 | )
Total transformation costs, net of tax impact |  | $ | 93 |  |  | $ | 202 |
(a) |  | In the third quarter of 2011, we revised our estimate of certain costs to be incurred related to tax-related separation costs. This adjustment resulted in a $4 net credit (income) for tax-related separation costs during the third quarter of 2011.
Roll Forward of Transformational Accrual |
Transformation accrual – 12/31 |  | $ | 2 |
Charges actions during the period |  |  | 289 |
Cash payments |  |  | (137 | )
Pension curtailment |  |  | (5 | )
Asset impairment |  |  | (64 | )
Transformation accrual – 9/30 |  | $ | 85 |

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