Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS AND DIVESTITURES (Details)

v2.4.0.6
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
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
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      
[1] Includes sales to nonconsolidated equity investees of $2,427 million, $2,594 million and $2,210 million for the years ended December 31, 2012, 2011 and 2010, respectively.