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Quarterly Financial Data (Schedule of Quarterly Financial Data) (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net sales $ 8,425 $ 9,238 $ 10,264 $ 10,034 $ 7,404 $ 7,001 $ 8,616 $ 8,484 $ 37,961 $ 31,505 $ 26,109
Cost of goods sold and other expenses 8,230 [1],[2],[3] 8,714 [1],[4],[5],[6] 8,789 [1],[7] 8,257 [1] 7,235 [1],[8],[9] 6,634 [1] 7,409 [1] 7,154 [1]      
Income before income taxes 422 [10] 569 1,589 1,702 226 [11] 330 1,568 [12] 1,587 4,282 3,711 2,184
Net income $ 377 [10] $ 460 $ 1,229 $ 1,444 $ 378 [13] $ 369 $ 1,168 [12] $ 1,137 $ 3,510 $ 3,052 $ 1,769
Basic earnings per share of common stock $ 0.40 [14] $ 0.48 [14] $ 1.31 [14] $ 1.54 [14] $ 0.41 [14] $ 0.40 [14] $ 1.27 [14] $ 1.24 [14] $ 3.73 $ 3.32 $ 1.93
Diluted earnings per share of common stock $ 0.40 [14] $ 0.48 [14] $ 1.29 [14] $ 1.52 [14] $ 0.40 [14] $ 0.40 [14] $ 1.26 [14] $ 1.24 [14] $ 3.68 $ 3.28 $ 1.92
[1] Excludes interest expense and non-operating items.
[2] Included a $(100) charge associated with the company's process to fairly resolve claims associated with the use of Imprelis®. See description in Note 15 for further details.
[3] Included a $(14) charge for restructuring costs primarily associated with the Danisco acquisition.
[4] Included a $(75) charge associated with the company's process to fairly resolve claims associated with the use of Imprelis®. See description in Note 15 for further details.
[5] Included a $(50) charge recorded in connection with a milestone payment associated with a Pioneer licensing agreement. See description in Note 21 for further details.
[6] Included charges related to the businesses acquired from Danisco of $(171), including $(3) of transaction costs, a $(132) charge related to the fair value step-up of inventories that were acquired from Danisco and a $(36) restructuring charge related to severance and related benefit costs.
[7] Included charges related to the businesses acquired from Danisco of $(103), including $(60) of transaction costs and a $(43) charge related to the fair value step-up of inventories that were acquired from Danisco.
[8] Included a $34 net reduction in estimated costs related to prior years restructuring programs primarily due to overall workforce reductions through lower than estimated individual severance costs and workforce reductions through non-severance programs.
[9] Included a $(50) charge in research and development expense for an upfront payment related to a Pioneer licensing agreement. See description in Note 21 for further details.
[10] Included a pre-tax gain of $49 recorded in other income, net associated with the sale of a business in the Performance Materials segment and a related tax benefit of $73.
[11] Included a $(179) charge in interest expense associated with the early extinguishment of debt.
[12] Included benefits for the adjustment of accrued interest of $59 ($38 after-tax) in other income, net and the adjustment of income tax accruals of $49 associated with settlements of tax contingencies related to prior years.
[13] Included a $39 benefit for the reversal of a tax valuation allowance related to the net deferred tax assets of a foreign subsidiary.
[14] Earnings per share for the year may not equal the sum of quarterly earnings per share due to changes in average share calculations.