XML 143 R38.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments (Tables)
12 Months Ended
Dec. 31, 2011
Investments [Abstract]  
Company's investment in ABCP
                             
        2011     2010     2009   

 

 
         

 Balance, beginning of year

      $ 84     $ 85     $ 65   

 Valuation adjustment [i]

                     

 Cash receipts

              (5     —   

 Foreign exchange and other

        (2     4       11   

 

 
        $           82     $             84     $           85   

 

 

 

  [i]

The carrying value of this investment was based on a valuation technique estimating the fair value from the perspective of a market participant. For the year ended December 31, 2009, the Company recorded a $9 million increase in the carrying value of its investment in ABCP in selling, general and administrative expense, due to a reduction of the spread between the anticipated return on the restructured notes and current market indices.

 
Company's combined proportionate share of the major components of the financial statements
                             
              2011     2010   

 

 
         

 Current assets

              $           383     $           420   

 

 
         

 Long-term assets

              $ 158     $ 155   

 

 
         

 Current liabilities

              $ 190     $ 164   

 

 
         

 Long-term liabilities

              $ 43     $ 57   

 

 

 

 Statements of Income

                           
        2011     2010     2009   

 

 
         

 Sales

      $           881     $ 698     $ 578   

 Cost of goods sold, expenses and income taxes

        805       580       473   

 

 

 Net income

      $ 76     $ 118     $ 105