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Supplemental financial information
12 Months Ended
Dec. 31, 2012
Supplemental Financial Information [Abstract]  
Supplemental financial information
Supplemental financial information
Other income (expense) net
 
 
2012
 
2011
 
2010
Interest income
 
$
8

 
$
11

 
$
13

Net gains on investments
 
18

 
6

 
11

Tax interest (expense)
 
32

 
1

 
(2
)
Other (a)
 
(11
)
 
(13
)
 
15

Total
 
$
47

 
$
5

 
$
37

(a) Includes lease income of approximately $15 million per year, primarily from the purchaser of a former business. As of December 31, 2012, the aggregate amount of non-cancellable future lease payments to be received from these leases is $66 million. These leases contain renewal options. Other also includes miscellaneous non-operational items such as realized gains and losses associated with former equity investments; gains and losses related to former businesses, including settlements in 2012 and 2011; gains and losses from currency exchange rate changes; and gains and losses from our derivative financial instruments, primarily forward foreign currency exchange contracts.

Property, plant and equipment at cost
 
 
Depreciable Lives
(Years)
 
December 31,
 
 
 
2012
 
2011
Land
 
 
$
189

 
$
188

Buildings and improvements
 
5-40
 
3,006

 
2,998

Machinery and equipment
 
3-10
 
3,696

 
3,947

Total
 
 
 
$
6,891

 
$
7,133



Authorizations for property, plant and equipment expenditures in future years were $234 million at December 31, 2012.

Accrued expenses and other liabilities
 
 
December 31,
 
 
2012
 
2011
Customer incentive programs and allowances
 
$
213

 
$
190

Severance and related expenses
 
217

 
140

Property and other non-income taxes
 
127

 
98

Other
 
324

 
367

Total
 
$
881

 
$
795



Accumulated other comprehensive income (loss), net of taxes
 
 
December 31,
 
 
2012
 
2011
Unrealized losses on available-for-sale investments
 
$

 
$
(3
)
Postretirement benefit plans:
 
 
 
 

Net actuarial loss
 
(701
)
 
(780
)
Net prior service credit
 
7

 
9

Cash flow hedge derivative
 
(5
)
 
(2
)
Total
 
$
(699
)
 
$
(776
)