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Acquisitions and Investments (Tables) | 12 Months Ended
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Dec. 31, 2012
Estimated Fair Values of Assets Acquired and Liabilities | The following table displays the total preliminary purchase price allocation for the 2012 acquisitions and summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition (in millions):
Current assets, net of cash acquired |  | $ | 1,441 |
Property, plant and equipment |  |  | 248 |
Intangible assets |  |  | 981 |
Goodwill |  |  | 1,000 |
Other assets |  |  | 2 |
Total assets acquired |  |  | 3,672 |
Current liabilities |  |  | 585 |
Long-term debt |  |  | 1 |
Other liabilities |  |  | 206 |
Total liabilities |  |  | 792 |
Cash consideration, net of cash acquired |  | $ | 2,880 |
Fair Values of Assets Acquired and Liabilities | The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition of the 2011 acquisitions (in millions):
|  | 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 Assets Acquired and Liabilities | The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition of the 2010 acquisitions (in millions):
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 |
Summary of Acquisitions | A summary of the acquisitions follows (in millions);
|  | Years Ended December 31, |
|  | 2012 |  |  | 2011 |  |  | 2010 |
Fair value of assets acquired, net of cash acquired |  | $ | 3,672 |  |  | $ | 1,517 |  |  | $ | 850 |
Cash paid, net of cash acquired |  |  | (2,880 | ) |  |  | (1,038 | ) |  |  | (556 | )
Liabilities assumed, debt issued and minority interest |  | $ | 792 |  |  | $ | 479 |  |  | $ | 294 |
Excess purchase price over fair value of net assets acquired |  | $ | 1,000 |  |  | $ | 377 |  |  | $ | 298 |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph F4 -Subparagraph e -Appendix F Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 52 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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