ACQUISITIONS AND DIVESTITURES (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | 0 Months Ended | 12 Months Ended | 0 Months Ended | 1 Months Ended | 12 Months Ended | |||||||||||||
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Dec. 31, 2012
|
Dec. 31, 2011
|
Dec. 31, 2010
|
Jul. 18, 2012
Hilite Germany GmbH
|
Dec. 31, 2012
Hilite Germany GmbH
|
Dec. 31, 2011
Hilite Germany GmbH
|
Dec. 31, 2012
Hilite Germany GmbH
Maximum
|
Jul. 18, 2012
Hilite Germany GmbH
Technology
|
Jul. 18, 2012
Hilite Germany GmbH
Customer
|
Jul. 18, 2012
Hilite Germany GmbH
License agreements
|
Jul. 31, 2012
Cummins Central Power
|
Dec. 31, 2012
Cummins Central Power
|
Dec. 31, 2011
Cummins Central Power
|
Dec. 31, 2012
Cummins Central Power
Maximum
|
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Business Acquisition | |||||||||||||||||||
Acquisition related costs | $ 4 | ||||||||||||||||||
The purchase price was allocated as follows: | |||||||||||||||||||
Inventory | 5 | ||||||||||||||||||
Fixed assets | 5 | ||||||||||||||||||
Intangible assets | 83 | 52 | 23 | 8 | |||||||||||||||
Goodwill | 91 | ||||||||||||||||||
Liabilities | (8) | ||||||||||||||||||
Total purchase price | 176 | ||||||||||||||||||
Other information | |||||||||||||||||||
Weighted average amortization life | 8 years 6 months | 10 years 7 months 6 days | 4 years 6 months | 6 years | |||||||||||||||
Net sales, included in consolidated statement | 17,334 | [1] | 18,048 | [1] | 13,226 | [1] | 46 | 115 | |||||||||||
Net sales for the entire year of acquisition | 104 | 242 | |||||||||||||||||
Net sales prior to acquisition | 77 | 209 | |||||||||||||||||
Net sales as a percentage of consolidated sales | 1.00% | 1.00% | |||||||||||||||||
Additional interest acquired (as a percent) | 45.00% | ||||||||||||||||||
Gain (loss) from revaluation of pre-existing ownership interest in the acquiree company | 7 | 12 | 7 | ||||||||||||||||
Ownership interest in the acquiree company, immediately prior to acquisition (as a percent) | 35.00% | ||||||||||||||||||
Acquisition Consideration | |||||||||||||||||||
Total consideration | $ 20 | ||||||||||||||||||
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