Quarterly report pursuant to Section 13 or 15(d)

OPERATING SEGMENTS (Details)

v2.4.0.6
OPERATING SEGMENTS (Details) (USD $)
In Millions, unless otherwise specified
 3 Months Ended
Apr. 01, 2012
Mar. 27, 2011
Operating results by segment:    
External sales $ 4,472 $ 3,860
Total sales 4,472 [1] 3,860 [1]
Depreciation and amortization 84 79
Research, development and engineering expenses 181 129
Equity, royalty and interest income from investees 104 96
Interest income 8 6
Segment EBIT 658 532
Less: Interest expense 8 10
INCOME BEFORE INCOME TAXES 650 522
Engine
    
Operating results by segment:    
External sales 2,412 2,006
Intersegment sales 447 385
Total sales 2,859 2,391
Depreciation and amortization 47 45
Research, development and engineering expenses 111 80
Equity, royalty and interest income from investees 38 42
Interest income 4 3
Segment EBIT 381 290
Components
    
Operating results by segment:    
External sales 774 660
Intersegment sales 325 264
Total sales 1,099 924
Depreciation and amortization 19 18
Research, development and engineering expenses 51 37
Equity, royalty and interest income from investees 8 8
Interest income 1 1
Segment EBIT 143 105
Power Generation
    
Operating results by segment:    
External sales 516 557
Intersegment sales 264 238
Total sales 780 795
Depreciation and amortization 11 10
Research, development and engineering expenses 18 11
Equity, royalty and interest income from investees 10 8
Interest income 2 1
Segment EBIT 76 89
Distribution
    
Operating results by segment:    
External sales 770 637
Intersegment sales 5 5
Total sales 775 642
Depreciation and amortization 7 6
Research, development and engineering expenses 1 1
Equity, royalty and interest income from investees 48 38
Interest income 1 1
Segment EBIT 94 89
Non-segment items
    
Operating results by segment:    
Intersegment sales (1,041) (892)
Total sales (1,041) (892)
Segment EBIT $ (36) $ (41)
[1] Includes sales to nonconsolidated equity investees of $669 million and $599 million for the three months ended April 1, 2012 and March 27, 2011, respectively.