Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2012

Goodwill and Intangible Assets (Tables) [Abstract]

Schedule of Goodwill Table

Changes in the carrying amount of goodwill for the three months ended March 31, 2012 were as follows:
	North	South			Surface
(Millions of dollars)	America	America	Europe	Asia	Technologies	Total
Balance, December 31, 2011	$ 1,375	$ 215	$ 618	$ 24	$ 140	$ 2,372
Acquisitions	-	-	1	-	-	1
Purchase adjustments & other	(5)	-	-	-	-	(5)
Foreign currency translation	14	7	21	1	2	45
Balance, March 31, 2012	$ 1,384	$ 222	$ 640	$ 25	$ 142	$ 2,413

Schedule of Finite Lived Intangible Assets by Major Class Table

Changes in the carrying amounts of other intangibles for the three months ended March 31, 2012 were as follows:
	Customer &
	License/Use	Non-compete	Patents &
(Millions of dollars)	Agreements	Agreements	Other	Total
Cost:
Balance, December 31, 2011	$ 208	$ 37	$ 27	$ 272
Additions	3	-	-	3
Foreign currency translation	4	-	1	5
Other	3	(4)	(3)	(4)
Balance, March 31, 2012	$ 218	$ 33	$ 25	$ 276
Less: Accumulated amortization
Balance, December 31, 2011	$ (75)	$ (20)	$ (10)	$ (105)
Amortization expense	(4)	(2)	-	(6)
Foreign currency translation	(3)	-	-	(3)
Other	(1)	4	-	3
Balance, March 31, 2012	$ (83)	$ (18)	$ (10)	$ (111)
Net balance at March 31, 2012	$ 135	$ 15	$ 15	$ 165

Schedule of Future Estimated Amortization Expense Table

Total estimated annual amortization expense is as follows:
	(Millions of dollars)
	Remaining 2012	$ 18
	2013	22
	2014	20
	2015	20
	2016	18
	Thereafter	67
		$ 165