REPOSITIONING AND OTHER CHARGES (Tables)

6 Months Ended

Jun. 30, 2014

Repositioning And Other Charges [Abstract]

Repositioning and other charges text block

	A summary of repositioning and other charges follows:
			Three Months Ended				Six Months Ended
			June 30,				June 30,
			2014		2013		2014		2013
Severance		$	11	$	60	$	82	$	98
Asset impairments			2		1		11		1
Exit costs			4		-		12		2
Adjustments			(3)		0		(9)		(7)
Total net repositioning charge			14		61		96		94
Asbestos related litigation charges,
net of insurance			51		50		99		91
Probable and reasonably estimable
environmental liabilities			52		56		134		110
Other			-		4		2		4
Total net repositioning and other charges		$	117	$	171	$	331	$	299

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				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
Cost of products and services sold	$	110	$	147	$	301	$	255
Selling, general and administrative expenses		7		24		30		44
	$	117	$	171	$	331	$	299

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				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
Aerospace	$	-	$	-	$	1	$	22
Automation and Control Solutions		5		28		51		39
Performance Materials and Technologies		6		19		20		16
Transportation Systems		50		63		125		103
Corporate		56		61		134		119
	$	117	$	171	$	331	$	299

Total Repositioning Reserves

The following table summarizes the status of our total repositioning reserves:
		Severance		Asset		Exit
		Costs		Impairments		Costs		Total
December 31, 2013	$	302	$	-	$	45	$	347
Charges		82		11		12		105
Usage - cash		(62)		-		(15)		(77)
Usage - noncash		-		(11)		-		(11)
Foreign currency translation		(4)		-		2		(2)
Adjustments		(9)		-		-		(9)
June 30, 2014	$	309	$	-	$	44	$	353

Restructuring and Related Activities, Reportable Segment

					Automation		Performance
					and Control		Materials and		Transportation
	2011 Repositioning Actions		Aerospace		Solutions		Technologies		Systems		Total
Expected exit and
	disposal costs	$	15	$	5	$	7	$	7	$	34
Costs incurred during:
	Year ended
	December 31, 2011		(1)		-		-		-		(1)
	Year ended
	December 31, 2012		(2)		(2)		(1)		(1)		(6)
	Year ended
	December 31, 2013		(2)		(1)		(3)		(2)		(8)
	Current year-to-date		(1)		-		-		(1)		(2)
Remaining exit and disposal
	costs at June 30, 2014	$	9	$	2	$	3	$	3	$	17