Restructuring Accruals

9 Months Ended

Sep. 30, 2012

Restructuring Accruals

Restructuring Accruals

10.  Restructuring Accruals

Selected information related to the restructuring accruals for the three months and nine months ended September 30, 2012 and 2011 is as follows:

	Strategic Footprint Review			Asia Pacific Restructuring			Other Restructuring Actions			Total Restructuring
Balance at January 1, 2012	$	37		$	17		$	49		$	103
Net cash paid, principally severance and related benefits	(2		)	(11		)	(17		)	(30		)
Other, including foreign exchange translation							3			3
Balance at March 31, 2012	35			6			35			76
Second quarter 2012 charges	(1		)	(1		)	2			—
Write-down of assets to net realizable value							(2		)	(2		)
Net cash paid, principally severance and related benefits	(1		)	(2		)	(7		)	(10		)
Other, including foreign exchange translation	(4		)				(4		)	(8		)
Balance at June 30, 2012	29			3			24			56
Third quarter 2012 charges	(3		)	27			9			33
Write-down of assets to net realizable value				(14		)	(2		)	(16		)
Net cash paid, principally severance and related benefits	(1		)				(6		)	(7		)
Other, including foreign exchange translation	2						2			4
Balance at September 30, 2012	$	27		$	16		$	27		$	70
Balance at January 1, 2011	$	52		$	—		$	27		$	79
First quarter 2011 charges				8						8
Net cash paid, principally severance and related benefits	(4		)							(4		)
Other, including foreign exchange translation	2									2
Balance at March 31, 2011	50			8			27			85
Second quarter 2011 charges				4						4
Net cash paid, principally severance and related benefits	(2		)	(7		)				(9		)
Other, including foreign exchange translation							(2		)	(2		)
Balance at June 30, 2011	48			5			25			78
Third quarter 2011 charges				23			6			29
Write-down of assets to net realizable value				(10		)				(10		)
Net cash paid, principally severance and related benefits	(2		)	(10		)	(2		)	(14		)
Acquisition							11			11
Other, including foreign exchange translation	(1		)				(2		)	(3		)
Balance at September 30, 2011	$	45		$	8		$	38		$	91

The Company’s decisions to curtail selected production capacity have resulted in write downs of certain long-lived assets to the extent their carrying amounts exceeded fair value or fair value less cost to sell.  The Company classified the significant assumptions used to determine the fair value of the impaired assets, which was not material, as Level 3 in the fair value hierarchy as set forth in the general accounting principles for fair value measurements.

The Company also recorded liabilities for certain employee separation costs to be paid under contractual arrangements and other exit costs.