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Equity Investments (Tables)
12 Months Ended
Dec. 31, 2011
Equity Investments  
Equity in earnings

 

 

 
  2011   2010   2009  

For the year:

                   

Equity in earnings:

                   

Non-U.S. 

  $ 24   $ 20   $ 13  

U.S. 

    42     39     40  
               

Total

  $ 66   $ 59   $ 53  
               

Dividends received

  $ 50   $ 62   $ 34  
               
Summary of balance sheet information of equity investments

 

 

 
  2011   2010  

At end of year:

             

Current assets

  $ 309   $ 271  

Non-current assets

    413     552  
           

Total assets

    722     823  

Current liabilities

    186     148  

Other liabilities and deferred items

    129     174  
           

Total liabilities and deferred items

    315     322  
           

Net assets

  $ 407   $ 501  
           
Summary of income statement information of equity investments


 
  2011   2010   2009  

For the year:

                   

Net sales

  $ 689   $ 731   $ 549  
               

Gross profit

  $ 215   $ 227   $ 200  
               

Net earnings

  $ 174   $ 162   $ 158