GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - USD ($) $ in Millions |
12 Months Ended | |
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Dec. 31, 2015 |
Dec. 31, 2014 |
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Changes in the carrying amount of goodwill | ||
Balance at beginning of period | $ 479 | $ 461 |
Acquisitions | 12 | 31 |
Translation and other | (9) | (13) |
Balance at end of period | 482 | 479 |
Components | ||
Changes in the carrying amount of goodwill | ||
Balance at beginning of period | 400 | 411 |
Acquisitions | 0 | 0 |
Translation and other | (9) | (11) |
Balance at end of period | 391 | 400 |
Distribution | ||
Changes in the carrying amount of goodwill | ||
Balance at beginning of period | 62 | 31 |
Acquisitions | 12 | 31 |
Translation and other | 1 | 0 |
Balance at end of period | 75 | 62 |
Power Generation | ||
Changes in the carrying amount of goodwill | ||
Balance at beginning of period | 11 | 13 |
Acquisitions | 0 | 0 |
Translation and other | (1) | (2) |
Balance at end of period | 10 | 11 |
Engine | ||
Changes in the carrying amount of goodwill | ||
Balance at beginning of period | 6 | 6 |
Acquisitions | 0 | 0 |
Translation and other | 0 | 0 |
Balance at end of period | $ 6 | $ 6 |
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Amount of increase (decrease) from foreign currency translation adjustments and purchase accounting adjustments of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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