Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 31, 2011		Dec. 31, 2010
Current assets:
Cash and cash equivalents	$ 690		$ 206
Receivables, net	396		315
Inventories, net	254		218
Other current assets	422		228
Current assets of discontinued operations	0		3,457
Total current assets	1,762		4,424
Plant, property and equipment, net	324		299
Deferred income taxes	45		320
Goodwill	510		504
Other intangible assets, net	88		92
Asbestos-related assets	821		930
Other non-current assets	121		181
Non-current assets of discontinued operations	0		5,865
Total non-current assets	1,909		8,191
Total assets	3,671		12,615
Current liabilities:
Accounts payable	364		397
Accrued liabilities	468		442
Short-term borrowings and current maturities of long-term debt	2		10
Current liabilities of discontinued operations	0		1,892
Total current liabilities	834		2,741
Postretirement benefits	315		262
Long-term debt	4		1,350
Asbestos-related liabilities	1,529		1,559
Other non-current liabilities	295		325
Non-current liabilities of discontinued operations	0		1,917
Total non-current liabilities	2,143		5,413
Total liabilities	2,977		8,154
Shareholders' Equity:
Common stock: Authorized - 250 shares, $1 par value per share (104.1shares issued) Outstanding - 93.5 shares and 92.6, respectively	93	[1]	92	[1]
Retained earnings	852		5,441
Accumulated other comprehensive loss:
Postretirement benefit plans	(153)		(1,359)
Cumulative translation adjustments	(97)		276
Unrealized (loss) gain on investment securities	(1)		11
Total shareholders' equity	694		4,461
Total liabilities and shareholders' equity	$ 3,671		$ 12,615

[1] Shares issued and outstanding include unvested restricted common stock of 0.5 and 0.6 at December 31, 2011 and 2010, respectively.