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Equity Investments (Tables)
12 Months Ended
Dec. 31, 2012
Equity Investments  
Equity in earnings

 

 

 
  2012   2011   2010  

For the year:

                   

Equity in earnings:

                   

Non-U.S. 

  $ 20   $ 24   $ 20  

U.S. 

    44     42     39  
               

Total

  $ 64   $ 66   $ 59  
               

Dividends received

  $ 50   $ 50   $ 62  
               
Summary of balance sheet information of equity investments

 

 

 
  2012   2011  

At end of year:

             

Current assets

  $ 327   $ 309  

Non-current assets

    496     413  
           

Total assets

    823     722  

Current liabilities

    195     186  

Other liabilities and deferred items

    158     129  
           

Total liabilities and deferred items

    353     315  
           

Net assets

  $ 470   $ 407  
           


 

Summary of income statement information of equity investments


 
  2012   2011   2010  

For the year:

                   

Net sales

  $ 658   $ 689   $ 731  
               

Gross profit

  $ 191   $ 215   $ 227  
               

Net earnings

  $ 143   $ 174   $ 162