REPOSITIONING AND OTHER CHARGES (Tables)
|
3 Months Ended |
Mar. 31, 2017 |
|---|
| Repositioning And Other Charges [Abstract] |
|
| Repositioning and other charges text block |
| | | | | | | | | A summary of repositioning and other charges follows: | | | | | | | | | | | Three Months Ended | | | | March 31, | | | | | 2017 | | | 2016 | | | Severance | $ | 20 | | $ | 28 | | | Asset impairments | | 2 | | | 7 | | | Exit costs | | 1 | | | 2 | | | Reserve adjustments | | 6 | | | (17) | | | Total net repositioning charge | | 29 | | | 20 | | | | | | | | | | Asbestos related litigation charges, | | | | | | | | net of insurance | | 50 | | | 53 | | | Probable and reasonably estimable | | | | | | | | environmental liabilities | | 50 | | | 52 | | | | | | | | | | | Total net repositioning and other charges | $ | 129 | $ | 125 |
|
| Pretax distribution of total net repositioning and other charges by income statement classification |
| The following table summarizes the pretax distribution of total net repositioning and other charges by income statement classification: | | | | | | | Three Months Ended | | | | March 31, | | | | 2017 | | | 2016 | | | Cost of products and services sold | $ | 136 | | $ | 105 | | | Selling, general and administrative expenses | | (7) | | | 20 | | | $ | 129 | | $ | 125 | | | | | | | | |
|
| Pretax Impact of Total Net Repositioning and Other Charges by Segment |
| The following table summarizes the pretax impact of total net repositioning and other charges by segment: | | | | | | | | | | Three Months Ended | | | | March 31, | | | | 2017 | | | 2016 | | | Aerospace | $ | 73 | | $ | 49 | | | Home and Building Technologies | | (1) | | | 17 | | | Performance Materials and Technologies | | 3 | | | 9 | | | Safety and Productivity Solutions | | (4) | | | (10) | | | Corporate | | 58 | | | 60 | | | $ | 129 | | $ | 125 | |
|
| Total Repositioning Reserves |
| The following table summarizes the status of our total repositioning reserves: | | | | | | | | | | | | | | | | Severance | | Asset | | Exit | | | | | | | Costs | | Impairments | | Costs | | Total | | | December 31, 2016 | $ | 298 | $ | - | $ | 33 | $ | 331 | | | Charges | | 20 | | 2 | | 1 | | 23 | | | Usage - cash | | (50) | | - | | (4) | | (54) | | | Usage - noncash | | - | | (2) | | - | | (2) | | | Foreign currency translation | | 5 | | - | | - | | 5 | | | Adjustments and reclassifications | | 6 | | - | | (8) | | (2) | | | March 31, 2017 | $ | 279 | $ | - | $ | 22 | $ | 301 | |
|