Acquisitions and Dispositions (Tables)

9 Months Ended

Sep. 30, 2015

Acquisitions and Dispositions [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

A summary of the carrying amounts of assets and liabilities held for sale on our condensed consolidated balance sheet as of September 30, 2015 related to the anticipated divestitures discussed above is detailed below.

Millions of dollars	September 30, 2015
Assets
Property, plant, and equipment	$	1,193
Inventories	563
Goodwill	271
Patents and other intangibles	55
Total assets	$	2,082
Liabilities
Employee benefit liabilities (a)	$	50
Other liabilities (a)	6
Total liabilities	$	56

(a) Liabilities held for sale are classified within “Other current liabilities” on our condensed

consolidated balance sheet as of September 30, 2015.