Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of goodwill

A summary of goodwill follows:

	2012		2011
Electrical Americas	$	2,677	$	2,043
Electrical Rest of World	1,188		981
Cooper	7,725		—
Hydraulics	1,404		1,116
Aerospace	1,045		1,040
Truck	149		150
Automotive	208		207
Total goodwill	$	14,396	$	5,537

Summary of other intangible assets

A summary of other intangible assets follows:

	2012				2011
	Historical cost		Accumulated amortization		Historical cost		Accumulated amortization
Intangible assets not subject to amortization    (primarily trademarks)	$	1,296			$	451
Intangible assets subject to amortization
Customer relationships	$	4,100	$	428	$	1,173	$	322
Patents and technology	1,500		325		849		308
Other	792		156		481		132
Total other intangible assets	$	6,392	$	909	$	2,503	$	762

Expense related to intangible assets subject to amortization in 2012, and for each of the next five years

Amortization expense related to intangible assets subject to amortization in 2012, and estimated amortization expense for each of the next five years, follows:

2012	$	186
2013	420
2014	413
2015	409
2016	405
2017	402

Other Intangible Assets Related to the Acquistion of Cooper [Table Text Block]

The estimated fair value of these identifiable intangible assets, their estimated useful lives and valuation methodology are as follows:

	Fair value		Useful life	Valuation method
Trade names (indefinite-lived)	$	845	N/A	Relief-from-royalty
Trade names	307		3-15	Relief-from-royalty
Customer relationships	2,780		14-20	Multi-period excess earnings
Technology	645		8-15	Relief-from-royalty
	$	4,577