Annual report pursuant to Section 13 and 15(d)

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

v2.4.0.6
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2012
GOODWILL AND OTHER INTANGIBLE ASSETS  
Changes in the carrying amount of goodwill

 

 

In millions
  Components   Distribution   Power
Generation
  Engine   Total  

Goodwill at December 31, 2010

  $ 338   $ 11   $ 12   $ 6   $ 367  

Divestitures

    (25 )               (25 )

Translation and other

    (2 )   (1 )           (3 )
                       

Goodwill at December 31, 2011

    311     10     12     6     339  

Acquisitions

    91     9             100  

Translation and other

    6                 6  
                       

Goodwill at December 31, 2012

  $ 408   $ 19   $ 12   $ 6   $ 445  
                       
Summary of other intangible assets with finite useful lives that are subject to amortization

 

 

 
  December 31,  
In millions
  2012   2011  

Software

  $ 495   $ 409  

Less: Accumulated amortization

    (218 )   (191 )
           

Net software

    277     218  

Trademarks, patents and other

    140     44  

Less: Accumulated amortization

    (48 )   (35 )
           

Net trademarks, patents and other

    92     9  
           

Total

  $ 369   $ 227  
           
Projected amortization expense of intangible assets

 

 

 
  For the years ended  
In millions
  2013   2014   2015   2016   2017 - 2018  

Projected amortization expense

  $ 77   $ 74   $ 72   $ 66   $ 56