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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 533 $ 504
Receivables, less allowances for discounts and doubtful accounts of $31 and $34 in 2013 and 2012, respectively 817 776
Inventories, net 475 443
Prepaid and other current assets 143 110
Deferred income tax assets 41 41
Total current assets 2,009 1,874
Property, plant and equipment, net 488 487
Goodwill 1,718 1,647
Other intangible assets, net 488 484
Other non-current assets 193 187
Total assets 4,896 4,679
Current liabilities:    
Accounts payable 332 332
Accrued and other current liabilities 479 443
Short-term borrowings and current maturities of long-term debt 42 6
Total current liabilities 853 781
Long-term debt 1,199 1,199
Accrued postretirement benefits 348 400
Deferred income tax liabilities 191 173
Other non-current accrued liabilities 64 52
Total liabilities 2,655 2,605
Commitment and Contingencies (Note 19)     
Common Stock — par value $0.01 per share:    
Authorized 750.0 shares, issued 187.6 and 186.2 shares in 2013 and 2012, respectively 2 2
Capital in excess of par value 1,753 1,706
Retained earnings 405 264
Treasury stock – at cost 3.0 shares and 0.5 shares in 2013 and 2012, respectively (86) (13)
Accumulated other comprehensive income 167 115
Total stockholders’ equity 2,241 2,074
Total liabilities and stockholders’ equity $ 4,896 $ 4,679