REPOSITIONING AND OTHER CHARGES (Tables)

9 Months Ended

Sep. 30, 2013

Repositioning And Other Charges [Abstract]

Repositioning and other charges text block

	A summary of repositioning and other charges follows:
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2013		2012		2013		2012
Severance		$	32	$	16	$	130	$	68
Asset impairments			-		-		1		11
Exit costs			6		-		8		16
Adjustments			(16)		(14)		(23)		(44)
Total net repositioning charge			22		2		116		51
Asbestos related litigation charges,
net of insurance			45		45		136		124
Probable and reasonably estimable
environmental liabilities			51		53		161		181
Other			2		-		6		-
Total net repositioning and other charges		$	120	$	100	$	419	$	356

Pretax distribution of total net repositioning and other charges by income statement classification

The following table summarizes the pretax distribution of total net repositioning and other charges by income statement classification:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2013		2012		2013		2012
Cost of products and services sold	$	101	$	97	$	356	$	348
Selling, general and administrative expenses		19		3		63		8
	$	120	$	100	$	419	$	356

Pretax Impact of Total Net Repositioning and Other Charges by Segment

The following table summarizes the pretax impact of total net repositioning and other charges by segment:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2013		2012		2013		2012
Aerospace	$	1	$	-	$	23	$	1
Automation and Control Solutions		10		-		65		9
Performance Materials and Technologies		10		(1)		10		13
Transportation Systems		42		48		145		160
Corporate		57		53		176		173
	$	120	$	100	$	419	$	356

Total Repositioning Reserves

The following table summarizes the status of our total repositioning reserves:
		Severance		Asset		Exit
		Costs		Impairments		Costs		Total
December 31, 2012	$	276	$	-	$	47	$	323
Charges		130		1		8		139
Usage - cash		(95)		-		(13)		(108)
Usage - noncash		-		(1)		-		(1)
Foreign currency translation		2		-		-		2
Adjustments		(20)		-		(3)		(23)
September 30, 2013	$	293	$	-	$	39	$	332

Restructuring and Related Activities, Reportable Segment

					Automation
					and Control		Transportation
	2011 Repositioning Actions		Aerospace		Solutions		Systems		Total
Expected exit and disposal costs		$	15	$	12	$	7	$	34
Costs incurred during:
	Year ended December 31, 2011		(1)		-		-		(1)
	Year ended December 31, 2012		(2)		(3)		(1)		(6)
	Current year-to-date		(1)		(4)		(2)		(7)
Remaining exit and disposal
	costs at September 30, 2013	$	11	$	5	$	4	$	20