Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2011

Summarized Activity Of Discontinued Operations


Years Ended December 31	*2011*		2010		2009
Net sales	$	1,346	$	15,256	$	15,200
Operating earnings (loss)		201		601		(726	)
Gains (losses) on sales of investments and businesses, net		474		20		156
Earnings before income taxes		667		600		(636	)
Income tax expense (benefit)		256		211		(163	)
Earnings (loss) from discontinued operations, net of tax		411		389		(473	)

The following table displays a summary of the assets and liabilities held for sale as of December 31, 2011 and December 31, 2010. As of December 31, 2011, the assets and liabilities held for disposition relate to the assets and liabilities of the Networks business in a country that is yet to close.


December 31	*2011*		2010
Assets
Accounts receivable, net	$	6	$	2,072
Inventories, net		4		1,040
Other current assets		—		1,492
Property, plant and equipment, net		2		1,013
Investments		—		145
Goodwill		—		1,504
Other assets		—		514

	$	12	$	7,780

Liabilities
Accounts payable	$	3	$	2,060
Accrued liabilities		—		2,740
Other liabilities		8		737

	$	11		5,537

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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