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Acquisitions and Investments (Tables)
12 Months Ended
Dec. 31, 2011
Acquisitions And Investments [Abstract]  
Fair values of the assets acquired and liabilities
                         
     Ameron     All Other
Acquisitions
    Total  

Current assets, net of cash acquired

  $ 245     $ 106     $ 351  

Property, plant and equipment

    402       41       443  

Intangible assets

    142       131       273  

Goodwill

    199       178       377  

Other assets

    59       14       73  
   

 

 

   

 

 

   

 

 

 

Total assets acquired

    1,047       470       1,517  
   

 

 

   

 

 

   

 

 

 
       

Current liabilities

    154       80       234  

Long-term debt

    16       —         16  

Other liabilities

    173       56       229  
   

 

 

   

 

 

   

 

 

 

Total liabilities

    343       136       479  
   

 

 

   

 

 

   

 

 

 

Cash consideration, net of cash acquired

  $ 704     $ 334     $ 1,038  
   

 

 

   

 

 

   

 

 

 
Preliminary fair values of the assets acquired and liabilities
         

Current assets, net of cash acquired

  $ 136  

Cost in excess of billings

    71  

Property, plant and equipment

    38  

Intangible assets

    299  

Goodwill

    298  

Other assets

    8  
   

 

 

 

Total assets acquired

    850  
   

 

 

 

Current liabilities

    142  

Billings in excess of cost

    41  

Other liabilities

    111  
   

 

 

 

Total liabilities

    294  
   

 

 

 

Cash consideration, net of cash acquired

  $ 556  
   

 

 

 
Estimated fair values of the assets acquired and liabilities
         

Current assets, net of cash acquired

  $ 404  

Property, plant and equipment

    149  

Intangible assets

    115  

Goodwill

    198  

Other assets

    5  
   

 

 

 

Total assets acquired

    871  
   

 

 

 

Current liabilities

    242  

Long-term debt

    48  

Other liabilities

    8  
   

 

 

 

Total liabilities

    298  
   

 

 

 

Cash consideration, net of cash acquired

  $ 573  
   

 

 

 
Summary of Acquisitions
                         
     Years Ended December 31,  
    2011     2010     2009  

Fair value of assets acquired, net of cash acquired

  $ 1,517     $ 850     $ 871  

Cash paid, net of cash acquired

    (1,038     (556     (573
   

 

 

   

 

 

   

 

 

 

Liabilities assumed, debt issued and minority interest

  $ 479     $ 294     $ 298  
   

 

 

   

 

 

   

 

 

 

Excess purchase price over fair value of net assets acquired

  $ 377     $ 298     $ 198