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Acquisitions and Investments (Tables) | 12 Months Ended
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Dec. 31, 2013
Business Combinations [Abstract] |
Estimated Fair Values of Assets Acquired and Liabilities Assumed | The table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition (in millions):
Current assets, net of cash acquired |  | $ | 428 |
Property, plant and equipment |  |  | 250 |
Intangible assets |  |  | 894 |
Goodwill |  |  | 1,590 |
Other assets |  |  | 49 |
Total assets acquired |  |  | 3,211 |
Current liabilities |  |  | 186 |
Deferred taxes |  |  | 524 |
Other liabilities |  |  | 123 |
Total liabilities |  |  | 833 |
Cash consideration, net of cash acquired |  | $ | 2,378 |
Estimated Fair Values of Assets Acquired and Liabilities | The following table displays the total purchase price allocation for the 2012 acquisitions and summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition (in millions):
|  | Total |
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 displays the total purchase price allocation for the 2011 acquisitions and summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition (in millions):
|  |  |  |  | All Other |  |  |  |
|  | Ameron |  |  | 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 |
Summary of Acquisitions | A summary of the acquisitions follows (in millions):
|  | Years Ended December 31, |
|  | 2013 |  |  | 2012 |  |  | 2011 |
Fair value of assets acquired, net of cash acquired |  | $ | 3,329 |  |  | $ | 3,672 |  |  | $ | 1,517 |
Cash paid, net of cash acquired |  |  | (2,397 | ) |  |  | (2,880 | ) |  |  | (1,038 | )
Liabilities assumed, debt issued and noncontrolling interest |  | $ | 932 |  |  | $ | 792 |  |  | $ | 479 |
Excess purchase price over fair value of net assets acquired |  | $ | 1,903 |  |  | $ | 1,000 |  |  | $ | 377 |

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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 Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: 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=25497992&loc=d3e1486-128463 + Details
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