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Consolidated Condensed Income Statements (Unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Consolidated Condensed Income Statements [Abstract]    
Product revenue$ 2,159$ 2,052$ 6,360$ 6,133
Service revenue8225912,4051,827
Total revenue2,9812,6438,7657,960
Costs of product revenue1,4011,3574,1514,085
Costs of service revenue7265182,1351,608
Total costs of revenue2,1271,8756,2865,693
Gross profit8547682,4792,267
Selling, general and administrative expenses4453961,3041,149
Research and development expenses6460195183
Transformation costs13202790
Asbestos-related costs, net5934191368
Restructuring and asset impairment charges, net231030
Operating income (loss)152(32)600537
Interest and non-operating expenses, net22165161
Income (loss) from continuing operations before income tax expense130(48)549476
Income tax expense (benefit)59(60)18494
Income from continuing operations7112365382
Income from discontinued operations, net of tax expense (benefit) of $4, $1, $2 and $(6), respectively71335147
Net income$ 78$ 145$ 370$ 529
Basic:    
Continuing operations$ 0.38$ 0.07$ 1.97$ 2.08
Discontinued operations$ 0.04$ 0.72$ 0.03$ 0.80
Net income$ 0.42$ 0.79$ 2.00$ 2.88
Diluted:    
Continuing operations$ 0.38$ 0.07$ 1.96$ 2.06
Discontinued operations$ 0.04$ 0.71$ 0.02$ 0.80
Net income$ 0.42$ 0.78$ 1.98$ 2.86
Weighted average common shares - basic185.5184.1185.2183.8
Weighted average common shares - diluted186.5185.3186.6185.2
Cash dividends declared per common share$ 0.25$ 0.25$ 0.75$ 0.75