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Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2011
Discontinued Operations  
Summarized Consolidated Results of Operations and Consolidated Balance Sheet of the discontinued operations for the Venezuelan subsidiaries

 

Three months
ended

 

Six months
ended

 

 

 

June 30,

 

June 30,

 

 

 

2010

 

2010

 

 

 

 

 

 

 

Net sales

 

$

41

 

$

77

 

Manufacturing, shipping, and delivery

 

(27

)

(52

)

Gross profit

 

14

 

25

 

 

 

 

 

 

 

Selling and administrative expense

 

(2

)

(3

)

Other expense

 

4

 

(1

)

 

 

 

 

 

 

Earnings from discontinued operations before income taxes

 

16

 

21

 

Provision for income taxes

 

(4

)

(6

)

Net earnings from discontinued operations

 

12

 

15

 

Net earnings from discontinued operations attributable to noncontrolling interests

 

(3

)

(3

)

 

 

 

 

 

 

Net earnings from discontinued operations attributable to the Company

 

$

9

 

$

12

 

 

 

Assets:

 

 

 

Cash

 

$

34

 

Accounts receivable

 

23

 

Inventories

 

18

 

Prepaid expenses

 

3

 

 

 

 

 

Total current assets

 

78

 

 

 

 

 

Other long-term assets

 

6

 

Net property, plant, and equipment

 

30

 

 

 

 

 

Total assets

 

$

114

 

 

 

 

 

Liabilities:

 

 

 

Accounts payable and other current liabilities

 

$

25

 

Other long-term liabilities

 

15

 

 

 

 

 

Total liabilities

 

$

40