GOODWILL AND OTHER INTANGIBLE ASSETS (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |
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Dec. 31, 2012
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Dec. 31, 2011
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Changes in the carrying amount of goodwill | ||
Goodwill at beginning of period | $ 339 | $ 367 |
Divestitures | (25) | |
Acquisitions | 100 | |
Translation and other | 6 | (3) |
Goodwill at end of period | 445 | 339 |
Components
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Changes in the carrying amount of goodwill | ||
Goodwill at beginning of period | 311 | 338 |
Divestitures | (25) | |
Acquisitions | 91 | |
Translation and other | 6 | (2) |
Goodwill at end of period | 408 | 311 |
Distribution
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Changes in the carrying amount of goodwill | ||
Goodwill at beginning of period | 10 | 11 |
Acquisitions | 9 | |
Translation and other | (1) | |
Goodwill at end of period | 19 | 10 |
Power Generation
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Changes in the carrying amount of goodwill | ||
Goodwill at beginning of period | 12 | |
Translation and other | 0 | |
Goodwill at end of period | 12 | 12 |
Engine
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Changes in the carrying amount of goodwill | ||
Goodwill at beginning of period | 6 | |
Translation and other | 0 | |
Goodwill at end of period | $ 6 | $ 6 |
X | ||||||||||
- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The aggregate amount of goodwill acquired in the period and allocated to the reportable segment. The value is stated at fair value based on the purchase price allocation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Details
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X | ||||||||||
- Definition
The increase (decrease) in the recorded value of goodwill for foreign currency translation adjustments and purchase accounting adjustments needed to revise the carrying amount of goodwill to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Write-off of the carrying amount of goodwill associated with all or a portion of a reporting unit that is sold in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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