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, 2011
GOODWILL AND OTHER INTANGIBLE ASSETS  
Changes in the carrying amount of goodwill

 

 

In millions
  Components   Power
Generation
  Distribution   Engine   Total  

Goodwill at December 31, 2009

  $ 337   $ 13   $ 8   $ 6   $ 364  

Additions

            3         3  

Translation and other

    1     (1 )            
                       

Goodwill at December 31, 2010

  $ 338   $ 12   $ 11   $ 6   $ 367  

Divestitures

    (25 )               (25 )

Translation and other

    (2 )       (1 )       (3 )
                       

Goodwill at December 31, 2011

  $ 311   $ 12   $ 10   $ 6   $ 339  
                       
Other intangible assets with finite useful lives that are subject to amortization

 

 

 
  December 31,  
In millions
  2011   2010  

Software

  $ 409   $ 389  

Accumulated amortization

    (191 )   (179 )
           

Net software

    218     210  

Trademarks, patents and other

    44     49  

Accumulated amortization

    (35 )   (37 )
           

Net trademarks, patents and other

    9     12  
           

Total

  $ 227   $ 222  
           
Projected amortization expense of intangible assets

 

 

 
  For the years ended  
In millions
  2012   2013   2014   2015   2016 - 2017  

Projected amortization expense

  $ 74   $ 54   $ 38   $ 26   $ 14