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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Sep. 30, 2012
Current assets:      
Cash and cash equivalents $ 219 $ 431 $ 336
Receivables, less allowances for losses and discounts ($42 at September 30, 2013, $41 at December 31, 2012, and $42 at September 30, 2012) 1,172 968 1,133
Inventories 1,178 1,139 1,228
Prepaid expenses 103 110 91
Total current assets 2,672 2,648 2,788
Investments and other assets:      
Equity investments 291 294 300
Repair parts inventories 126 133 148
Pension assets     120
Other assets 667 675 715
Goodwill 2,059 2,079 2,065
Total other assets 3,143 3,181 3,348
Property, plant and equipment, at cost 6,566 6,667 6,837
Less accumulated depreciation 3,909 3,898 4,102
Net property, plant and equipment 2,657 2,769 2,735
Total assets 8,472 8,598 8,871
Current liabilities:      
Short-term loans and long-term debt due within one year 366 319 356
Current portion of asbestos-related liabilities 155 155 165
Accounts payable 989 1,032 853
Other liabilities 577 656 664
Total current liabilities 2,087 2,162 2,038
Long-term debt 3,298 3,454 3,537
Deferred taxes 195 182 209
Pension benefits 803 846 792
Nonpension postretirement benefits 199 264 269
Other liabilities 315 329 370
Asbestos-related liabilities 198 306 220
Commitments and contingencies         
Share owners' equity of the Company:      
Common stock, par value $.01 per share, 250,000,000 shares authorized, 183,370,740, 181,865,751, and 181,804,174 shares issued (including treasury shares), respectively 2 2 2
Capital in excess of par value 3,034 3,005 3,002
Treasury stock, at cost, 18,426,348, 17,901,925, and 17,274,300 shares, respectively (442) (425) (413)
Retained earnings (loss) 136 (195) (35)
Accumulated other comprehensive loss (1,520) (1,506) (1,270)
Total share owners' equity of the Company 1,210 881 1,286
Noncontrolling interests 167 174 150
Total share owners' equity 1,377 1,055 1,436
Total liabilities and share owners' equity $ 8,472 $ 8,598 $ 8,871