Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING AND OTHER CHARGES (Tables)

v2.4.0.6
RESTRUCTURING AND OTHER CHARGES (Tables)
12 Months Ended
Dec. 31, 2012
RESTRUCTURING AND OTHER CHARGES  
Restructuring actions

 

 

In millions
  Year ended
December 31, 2012
 

Workforce reductions

  $ 49  

Exit activities

    1  

Other

    2  
       

Restructuring and other charges

  $ 52  
       
Restructuring and other charges by segment

 

 

In millions
  Year ended
December 31, 2012
 

Engine

  $ 20  

Distribution

    14  

Power Generation

    12  

Components

    6  
       

Restructuring and other charges

  $ 52  
       
Schedule of activity and balance of accrued restructuring charges

 

 

In millions
  Charges   Payments   Accrued Balance at
December 31, 2012
 

Restructuring charges(1)

  $ 50   $ 25   $ 25  

(1)
Restructuring charges include severance pay and benefits and related charges and lease termination costs.
Restructuring and other charges included in Consolidated Statements of Income

 

 

In millions
  Year ended
December 31, 2012
 

Cost of sales

  $ 29  

Selling, general and administrative expenses

    20  

Research, development and engineering expenses

    3  
       

Restructuring and other charges

  $ 52