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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2011
Income Taxes [Abstract] |
Income tax data from continuing operations |
|  | 2011 |  | 2010 |  | 2009
Income components: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  |  | $ | (466 | ) |  |  | $ | (395 | ) |  |  | $ | (306 | )
International |  |  |  | 148 |  |  |  |  | 119 |  |  |  |  | 98 |
Total pre-tax loss from continuing operations |  |  | $ | (318 | ) |  |  | $ | (276 | ) |  |  | $ | (208 | )
Income tax expense (benefit) components: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current income tax expense (benefit): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States – federal |  |  | $ | (80 | ) |  |  | $ | (61 | ) |  |  | $ | 9 |
United States – state and local |  |  |  | (12 | ) |  |  |  | – |  |  |  |  | (2 | )
International |  |  |  | 49 |  |  |  |  | 28 |  |  |  |  | 18 |
Total current income tax (benefit) expense |  |  |  | (43 | ) |  |  |  | (33 | ) |  |  |  | 25 |
Deferred income tax expense (benefit): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States – federal |  |  |  | 319 |  |  |  |  | (100 | ) |  |  |  | (115 | )
United States – state and local |  |  |  | (15 | ) |  |  |  | (15 | ) |  |  |  | (9 | )
International |  |  |  | (1 | ) |  |  |  | 4 |  |  |  |  | 2 |
Total deferred income tax expense (benefit) |  |  |  | 303 |  |  |  |  | (111 | ) |  |  |  | (122 | )
Total income tax expense (benefit) |  |  | $ | 260 |  |  |  | $ | (144 | ) |  |  | $ | (97 | )
Effective income tax rate |  |  |  | (81.8 | )% |  |  |  | 52.2 | % |  |  |  | 46.6 | %
Reconciliation of the tax provision for continuing operations |
|  | 2011 |  | 2010 |  | 2009
Tax provision at U.S. statutory rate |  |  |  | 35.0 | % |  |  |  | 35.0 | % |  |  |  | 35.0 | %
Foreign tax rate differential |  |  |  | 4.2 |  |  |  |  | 2.2 |  |  |  |  | 1.9 |
State and local income tax |  |  |  | 0.5 |  |  |  |  | 5.6 |  |  |  |  | 5.8 |
Tax on undistributed foreign earnings |  |  |  | (21.8 | ) |  |  |  | – |  |  |  |  | – |
Change in state tax rate |  |  |  | 9.7 |  |  |  |  | – |  |  |  |  | – |
Valuation allowance on realizability of deferred tax assets |  |  |  | (106.7 | ) |  |  |  | 14.6 |  |  |  |  | 6.6 |
U.S. permanent items |  |  |  | – |  |  |  |  | – |  |  |  |  | (6.5 | )
Audit settlements |  |  |  | – |  |  |  |  | – |  |  |  |  | (1.0 | )
Medicare |  |  |  | 0.4 |  |  |  |  | (4.2 | ) |  |  |  | – |
U.S. tax on foreign earnings |  |  |  | (6.8 | ) |  |  |  | (16.0 | ) |  |  |  | – |
Tax credits |  |  |  | 7.2 |  |  |  |  | 12.6 |  |  |  |  | 5.3 |
Other adjustments |  |  |  | (3.5 | ) |  |  |  | 2.4 |  |  |  |  | (0.5 | )
Effective income tax rate |  |  |  | (81.8 | )% |  |  |  | 52.2 | % |  |  |  | 46.6 | %
Deferred tax assets and liabilities |
|  | 2011 |  | 2010
Deferred Tax Assets: |  |  |  |  |  |  |  |  |  |
Accruals |  |  | $ | 355 |  |  |  | $ | 303 |
Employee benefits |  |  |  | 135 |  |  |  |  | 69 |
Credit carryforwards |  |  |  | 35 |  |  |  |  | 7 |
Loss carryforwards |  |  |  | 65 |  |  |  |  | 57 |
Other |  |  |  | 40 |  |  |  |  | 60 |
Subtotal |  |  |  | 630 |  |  |  |  | 496 |
Valuation allowance |  |  |  | (438 | ) |  |  |  | (28 | )
Net deferred tax assets |  |  | $ | 192 |  |  |  | $ | 468 |
Deferred Tax Liabilities: |  |  |  |  |  |  |  |  |  |
Undistributed earnings |  |  | $ | (69 | ) |  |  | $ | – |
Intangibles |  |  |  | (51 | ) |  |  |  | (50 | )
Accelerated depreciation |  |  |  | (21 | ) |  |  |  | (23 | )
Investment |  |  |  | (1 | ) |  |  |  | (1 | )
Total deferred tax liabilities |  |  | $ | (142 | ) |  |  | $ | (74 | )
Deferred taxes in the Consolidated Balance Sheets |
|  | 2011 |  | 2010
Current assets |  |  | $ | 25 |  |  |  | $ | 85 |
Non-current assets |  |  |  | 45 |  |  |  |  | 320 |
Current liabilities |  |  |  | (2 | ) |  |  |  | – |
Other non-current liabilities |  |  |  | (18 | ) |  |  |  | (11 | )
Net deferred taxes |  |  | $ | 50 |  |  |  | $ | 394 |
Attributes available for utilization |
ATTRIBUTE |  | AMOUNT |  | FIRST YEAR OF EXPIRATION
U.S. federal net operating losses |  |  | $ | 85 |  |  |  |  | 2031 |
U.S. state net operating losses |  |  |  | 2,519 |  |  |  |  | 2012 |
Federal and state capital losses |  |  |  | 13 |  |  |  |  | 2013 |
U.S. federal tax credits |  |  |  | 33 |  |  |  |  | 2012 |
U.S. state tax credits |  |  |  | 12 |  |  |  |  | 2012 |
Foreign net operating losses |  |  |  | 87 |  |  |  |  | 2012 |
A reconciliation of the beginning and ending amount of unrecognized tax benefits |
|  | 2011 |  | 2010 |  | 2009
Unrecognized tax benefits – January 1 |  |  | $ | 169 |  |  |  | $ | 149 |  |  |  | $ | 126 |
Additions for: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Prior year tax positions |  |  |  | 1 |  |  |  |  | 17 |  |  |  |  | 28 |
Current year tax positions |  |  |  | 15 |  |  |  |  | 48 |  |  |  |  | 2 |
Purchase accounting |  |  |  | – |  |  |  |  | 5 |  |  |  |  | – |
Reductions for: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Prior year tax positions |  |  |  | (21 | ) |  |  |  | (38 | ) |  |  |  | (6 | )
Settlements |  |  |  | – |  |  |  |  | (12 | ) |  |  |  | (1 | )
Unrecognized tax benefits – December 31 |  |  | $ | 164 |  |  |  | $ | 169 |  |  |  | $ | 149 |
Open tax years by major jurisdiction |
JURISDICTION |  | EARLIEST OPEN YEAR
Germany |  |  |  | 2006 |
Italy |  |  |  | 2005 |
Netherlands |  |  |  | 2008 |
United Kingdom |  |  |  | 2008 |
United States |  |  |  | 2007 |

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