Illinois Tool Works (ITW) 10-Q 1 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013
Document and Entity Information [Abstract]	'
Entity Registrant Name	'ILLINOIS TOOL WORKS INC
Entity Central Index Key	'0000049826
Current Fiscal Year End Date	'--12-31
Entity Filer Category	'Large Accelerated Filer
Document Type	'10-Q
Document Period End Date	30-Sep-13
Document Fiscal Year Focus	'2013
Document Fiscal Period Focus	'Q3
Amendment Flag	'false
Entity Common Stock, Shares Outstanding	443,837,872

Statement_of_Income_Unaudited

Statement of Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Income Statement [Abstract]	'	'	'	'
Operating Revenues	$3,568	$3,733	$10,581	$11,307
Cost of revenues	2,148	2,289	6,381	6,957
Selling, administrative, and research and development expenses	676	713	2,126	2,207
Amortization of intangible assets	64	62	186	190
Impairment of goodwill and other intangible assets	2	2	2	2
Operating Income	678	667	1,886	1,951
Interest expense	-60	-52	-179	-152
Other income (expense)	10	1	67	31
Income from Continuing Operations Before Income Taxes	628	616	1,774	1,830
Income Taxes	222	171	551	518
Income from Continuing Operations	406	445	1,223	1,312
Income from Discontinued Operations	46	79	48	579
Net Income	$452	$524	$1,271	$1,891
Income Per Share from Continuing Operations:	'	'	'	'
Basic (in dollars per share)	$0.91	$0.96	$2.72	$2.77
Diluted (in dollars per share)	$0.90	$0.95	$2.70	$2.75
Income Per Share from Discontinued Operations:	'	'	'	'
Basic (in dollars per share)	$0.10	$0.17	$0.11	$1.23
Diluted (in dollars per share)	$0.10	$0.17	$0.11	$1.22
Net Income Per Share:	'	'	'	'
Basic (in dollars per share)	$1.01	$1.13	$2.83	$4
Diluted (in dollars per share)	$1.01	$1.12	$2.81	$3.97
Cash Dividends Per Share:	'	'	'	'
Paid (in dollars per share)	$0.38	$0.36	$0.76	$1.08
Declared (in dollars per share)	$0.42	$0.38	$1.18	$1.10
Shares of Common Stock Outstanding During the Period:	'	'	'	'
Average (in shares)	445.9	464.8	449	473.2
Average assuming dilution (in shares)	448.9	468.1	452.1	476.6

Statement_of_Comprehensive_Inc

Statement of Comprehensive Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Statement of Other Comprehensive Income [Abstract]	'	'	'	'
Net income	$452	$524	$1,271	$1,891
Other comprehensive income:	'	'	'	'
Foreign currency translation adjustments	242	133	-159	18
Pension and other postretirement benefit adjustments, net of tax	38	9	158	35
Comprehensive income	$732	$666	$1,270	$1,944

Statement_of_Financial_Positio

Statement of Financial Position (Unaudited) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Current Assets:	'	'
Cash and equivalents	$3,018	$2,779
Trade receivables	2,493	2,742
Inventories	1,308	1,585
Deferred income taxes	391	332
Prepaid expenses and other current assets	421	522
Assets held for sale	1,951	0
Total current assets	9,582	7,960
Net Plant and Equipment	1,667	1,994
Goodwill	4,854	5,530
Intangible Assets	2,121	2,258
Deferred Income Taxes	353	391
Other Assets	1,174	1,176
Total Assets	19,751	19,309
Current Liabilities:	'	'
Short-term debt	1,328	459
Accounts payable	616	676
Accrued expenses	1,282	1,392
Cash dividends payable	187	0
Income taxes payable	75	116
Deferred income taxes	59	8
Liabilities held for sale	394	0
Total current liabilities	3,941	2,651
Noncurrent Liabilities:	'	'
Long-term debt	3,808	4,589
Deferred income taxes	453	244
Other liabilities	1,081	1,255
Total noncurrent liabilities	5,342	6,088
Stockholders’ Equity:	'	'
Common stock	6	5
Additional paid-in-capital	1,032	1,012
Income reinvested in the business	14,716	13,973
Common stock held in treasury	-5,584	-4,722
Accumulated other comprehensive income	292	293
Noncontrolling interest	6	9
Total stockholders’ equity	10,468	10,570
Total Liabilities and Stockholders' Equity	$19,751	$19,309

Statement_of_Cash_Flows_Unaudi

Statement of Cash Flows (Unaudited) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash Provided by (Used for) Operating Activities:	'	'
Net income	$1,271	$1,891
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation	229	242
Amortization and impairment of goodwill and other intangible assets	250	219
Change in deferred income taxes	102	-41
Provision for uncollectible accounts	5	12
(Income) loss from investments	-10	-11
(Gain) loss on sale of plant and equipment	-2	-2
(Gain) loss on discontinued operations	92	-496
(Gain) loss on sale of operations and affiliates	5	2
Stock compensation expense	26	36
Gain on acquisition of controlling interest in an equity investment	-30	0
Other non-cash items, net	8	-4
(Increase) decrease in--	'	'
Trade receivables	-215	-209
Inventories	-36	-7
Prepaid expenses and other assets	68	-80
Increase (decrease) in--	'	'
Accounts payable	43	30
Accrued expenses and other liabilities	78	-42
Income taxes	-47	-65
Other, net	-17	-8
Net cash provided by operating activities	1,820	1,467
Cash Provided by (Used for) Investing Activities:	'	'
Acquisition of businesses (excluding cash and equivalents) and additional interest in affiliates	-367	-649
Additions to plant and equipment	-257	-274
Proceeds from investments	18	201
Proceeds from sale of plant and equipment	23	20
Net proceeds from sale of discontinued operations	188	790
Net proceeds from sale of operations and affiliates	2	7
Other, net	-4	-4
Net cash provided by (used for) investing activities	-397	91
Cash Provided by (Used for) Financing Activities:	'	'
Cash dividends paid	-342	-515
Issuance of common stock	186	215
Repurchases of common stock	-1,034	-1,396
Net proceeds of debt with original maturities of three months or less	68	170
Proceeds from debt with original maturities of more than three months	1	1,079
Repayments of debt with original maturities of more than three months	-1	-265
Excess tax benefits from stock-based compensation	20	13
Net cash provided by (used for) financing activities	-1,102	-699
Effect of Exchange Rate Changes on Cash and Equivalents	-82	17
Cash and Equivalents:	'	'
Increase (decrease) during the period	239	876
Beginning of period	2,779	1,178
End of period	3,018	2,054
Supplementary Cash and Non-Cash Information:	'	'
Cash Paid During the Period for Interest	140	112
Cash Paid During the Period for Income Taxes, Net of Refunds	396	823
Liabilities Assumed from Acquisitions	$165	$173

Financial_Statements

Financial Statements	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
FINANCIAL STATEMENTS	'
	FINANCIAL STATEMENTS
	The unaudited financial statements included herein have been prepared by Illinois Tool Works Inc. and Subsidiaries (the “Company”). In the opinion of management, the interim financial statements reflect all adjustments of a normal recurring nature necessary for a fair statement of the results for interim periods. It is suggested that these financial statements be read in conjunction with the financial statements and notes to financial statements included in the Company’s 2012 Annual Report on Form 10-K. Certain reclassifications of prior year data have been made to conform with current year reporting.

Divestiture_of_Majority_Intere

Divestiture of Majority Interest in Decorative Surfaces Segment	9 Months Ended
	Sep. 30, 2013
Divestiture of Majority Interest in Decorative Surfaces Segment [Abstract]	'
Divestiture of Majority Interest in Former Decorative Surfaces Segment	'
	DIVESTITURE OF MAJORITY INTEREST IN FORMER DECORATIVE SURFACES SEGMENT
	On August 15, 2012, the Company entered into a definitive agreement (the “Investment Agreement”) to divest a 51% majority interest in its Decorative Surfaces segment to certain funds managed by Clayton, Dubilier & Rice, LLC (“CD&R”). The transaction closed on October 31, 2012, resulting in a pre-tax gain of $933 million ($632 million after-tax) in the fourth quarter of 2012.
	Under the terms of the Investment Agreement, the Company contributed the assets and stock of the Decorative Surfaces segment to a newly formed entity, Wilsonart International Holdings LLC (“Wilsonart”). Through a combination of CD&R's equity investment in Wilsonart and new third party borrowings by a subsidiary of Wilsonart, the Company and its subsidiaries received payments of approximately $1.05 billion from Wilsonart and its subsidiaries as well as common units (the “Common Units”) initially representing approximately 49% (on an as-converted basis) of the total outstanding equity of Wilsonart immediately following the closing of the transaction. CD&R contributed $395 million to Wilsonart in exchange for newly issued cumulative convertible participating preferred units (the “Preferred Units”) of Wilsonart initially representing approximately 51% (on an as-converted basis) of the total outstanding equity immediately following the closing of the transaction. The Preferred Units rank senior to the Common Units as to dividends and liquidation preference, and accrue dividends at a rate of 10.00% per annum.
	As of October 31, 2012, the Company ceased consolidating the results of the Decorative Surfaces segment and now reports its ownership interest in Wilsonart using the equity method of accounting. As the Company's investment in Wilsonart is structured as a partnership for U.S. tax purposes, U.S. taxes are recorded separately from the equity investment. The Company's equity in the earnings of Wilsonart was $4 million of loss for the three month period and $6 million of loss for the nine month period ended September 30, 2013, which was included in Other income (expense).
	Due to the Company's continuing involvement through its 49% interest in Wilsonart, the historical operating results of Decorative Surfaces are presented in continuing operations. Additionally, as of November 1, 2012, the operating results of Decorative Surfaces were no longer reviewed by senior management of the Company and therefore, effective the fourth quarter of 2012, Decorative Surfaces was no longer a reportable segment of the Company.
	Historical operating results of the former Decorative Surfaces segment for the three and nine months ended September 30, 2012 were as follows:
	(In millions)	Three Months Ended		Nine Months Ended
		September 30, 2012		September 30, 2012
	Operating revenues	$	267	$	828
	Operating income	41		131

Discontinued_Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
DISCONTINUED OPERATIONS	'
	DISCONTINUED OPERATIONS
	The Company periodically reviews its operations for businesses which may no longer be aligned with its enterprise initiatives and long-term objectives. As such, the Company may commit to a plan to exit or dispose of certain businesses and present them as discontinued operations. The following summarizes the Company's discontinued operations.
	Third Quarter 2013 Discontinued Operations - In February 2013, the Company announced that it was initiating a review process to explore strategic alternatives for its Industrial Packaging segment. In September 2013, the Company’s Board of Directors authorized a plan to commence a sale process for the Industrial Packaging segment. Management expects that the sales process will continue into 2014 and expects to sell the Industrial Packaging segment by mid-2014. The Company has classified the Industrial Packaging segment as held for sale in the third quarter of 2013 and is no longer presenting this segment as part of its continuing operations.
	In the third quarter of 2013, the Company also committed to plans for the divestiture of a construction distribution business previously included in the Construction Products segment and a specialty coatings business previously included in the Polymers & Fluids segment. The Company expects to sell the construction distribution and specialty coatings businesses within the next year. The construction distribution and specialty coatings businesses were classified as held for sale beginning in the third quarter of 2013.
	First Quarter 2013 Discontinued Operations - In the first quarter of 2013, the Company committed to plans for the divestiture of two transportation related businesses and a machine components business previously included in the Specialty Products segment, two construction distribution businesses previously included in the Construction Products segment, and a chemical manufacturing business previously included in the Polymers & Fluids segment. These businesses were classified as held for sale beginning in the first quarter of 2013. In connection with the anticipated sale of these businesses, the Company recorded a goodwill impairment charge of $42 million and loss reserves on assets held for sale of $60 million in the first quarter of 2013 which were included in Income from Discontinued Operations.
	The Company also reclassified certain previously divested businesses as discontinued operations in the first quarter of 2013. These included a consumer packaging business that was previously included in the Specialty Products segment (formerly the All Other segment), a packaging distribution business which was previously included in the Industrial Packaging segment, and a welding manufacturing business previously included in the Welding segment (formerly in the Power Systems & Electronics segment). The consumer packaging business was sold in the third quarter of 2012 and resulted in a $27 million pre-tax gain. The packaging distribution and welding manufacturing businesses were both sold in the fourth quarter of 2012 and resulted in a pre-tax loss of $19 million and a pre-tax gain of $16 million, respectively.
	In the second quarter of 2013, the Company divested one of the held for sale transportation related businesses resulting in a pre-tax loss of $1 million, the machine components business resulting in a pre-tax gain of $14 million, and the chemical manufacturing business resulting in a pre-tax loss of $6 million. In the third quarter of 2013, the Company divested the second held for sale transportation related business resulting in a pre-tax loss of $10 million. The Company expects to dispose of the two held for sale construction distribution businesses by the end of the first quarter of 2014.
	2011 Discontinued Operations - In April 2011, the Company entered into a definitive agreement to sell its finishing group of businesses previously included in the Specialty Products segment (formerly the All Other segment) to Graco Inc. in a $650 million cash transaction. The sale of the finishing business to Graco was completed on April 2, 2012 and the Company recorded a pre-tax gain of $454 million in the second quarter of 2012.
	Additionally, in the second quarter of 2011, the Company’s Board of Directors approved plans to divest a consumer packaging business in the Specialty Products segment (formerly the All Other segment). In the third quarter of 2012, the Company divested this business which resulted in pre-tax gain of $17 million.
	The Company has restated the statement of income and the notes to financial statements to present the operating results of the held for sale and previously divested businesses discussed above as discontinued operations. Results of the businesses presented as discontinued operations for the third quarter and year-to-date periods ended September 30, 2013 and 2012 were as follows:
		Three Months Ended							Nine Months Ended
	(In millions)	30-Sep-13							30-Sep-13
		2013				2012			2013			2012
	Operating revenues	$	657			$	779		$	2,157		$	2,543
	Income from discontinued operations before income taxes	$	57			$	140		$	107		$	796
	Income taxes	(11		)		(61		)	(59		)	(217		)
	Income from discontinued operations	$	46			$	79		$	48		$	579
	There were no held for sale businesses as of December 31, 2012. As of September 30, 2013, the assets and liabilities of the Industrial Packaging business, the three construction distribution businesses, and the specialty coatings business discussed above were included in assets and liabilities held for sale in the statement of financial position, as follows:
	(In millions)		September 30, 2013
	Trade receivables		$	423
	Inventories		256
	Net plant and equipment		303
	Goodwill and intangible assets		870
	Other		145
	Loss reserves on assets held for sale		(46		)
	Total assets held for sale		$	1,951
	Accounts payable		$	121
	Accrued expenses		160
	Other		113
	Total liabilities held for sale		$	394

Gain_on_Acquisition_of_Control

Gain on Acquisition of Controlling Interest in Equity Investment	9 Months Ended
	Sep. 30, 2013
Gain on Acquisition of Controlling Interest in Equity Investment [Abstract]	'
Gain on Acquisition of Controlling Interest in Equity Investment	'
	GAIN ON ACQUISITION OF CONTROLLING INTEREST IN EQUITY INVESTMENT
	On January 31, 2013, the Company acquired the controlling interest of an existing consumer packaging business in the Specialty Products segment previously accounted for under the equity method. The Company recorded a pre-tax gain of $30 million in Other income (expense) in the first quarter of 2013 as a result of remeasuring the Company's existing equity interest to fair value by determining the implied equity value using a Level 3 valuation method.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
	In the third quarter of 2013, the Company recorded a discrete tax charge of $40 million related to the tax treatment of intercompany financing transactions that impact the taxability of foreign earnings. The components of the effective tax rate for the third quarter and year-to-date periods ended September 30, 2013 and 2012 were as follows:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2013		2012		2013		2012
	Tax rate based on estimated annual effective tax rate	29	%	27.8	%	28.8	%	28.3	%
	Discrete tax adjustment	6.4	%	—	%	2.3	%	—	%
	Effective tax rate	35.4	%	27.8	%	31.1	%	28.3	%
	The Company and its subsidiaries file tax returns in the U.S. and various state, local and foreign jurisdictions. These tax returns are routinely audited by the tax authorities in these jurisdictions including the Internal Revenue Service, Her Majesty's Revenue and Customs, German Fiscal Authority, French Fiscal Authority, and Australian Tax Office and a number of these audits are currently ongoing, which may increase the amount of the unrecognized tax benefits in future periods. Due to the ongoing audits, the Company believes it is reasonably possible that within the next twelve months the amount of the Company’s unrecognized tax benefits may be decreased by approximately $21 million related predominantly to various intercompany transactions. The Company has recorded its best estimate of the potential exposure for these issues.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2013
Inventory Disclosure [Abstract]	'
INVENTORIES	'
	INVENTORIES
	Inventories as of September 30, 2013 and December 31, 2012 were as follows:
	(In millions)	September 30, 2013		December 31,
				2012
	Raw material	$	460	$	539
	Work-in-process	151		152
	Finished goods	697		894
	Total inventories	$	1,308	$	1,585

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
GOODWILL AND INTANGIBLE ASSETS	'
	GOODWILL AND INTANGIBLE ASSETS
	Goodwill represents the excess cost over fair value of the net assets of purchased businesses. The Company does not amortize goodwill and intangible assets that have indefinite lives. The Company performs an annual impairment assessment of goodwill and intangible assets with indefinite lives based on the estimated fair value of the related reporting unit or intangible asset. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.
	When performing its annual impairment assessment, the Company evaluates the goodwill assigned to each of its reporting units for potential impairment by comparing the estimated fair value of the relevant reporting unit to the carrying value. The Company uses various valuation techniques to determine the fair value of its reporting units, including discounting estimated future cash flows based on a detailed cash flow forecast prepared by the relevant reporting unit, market multiples from similar transactions and quoted market prices of relevant public companies. If the fair value of a reporting unit is less than its carrying value, an impairment loss, if any, is recorded for the difference between the implied fair value and the carrying value of the reporting unit's goodwill.
	The Company's indefinite-lived intangible assets consist of trademarks and brands. The estimated fair values of these intangible assets are determined based on a relief-of-royalty income approach derived from internally forecasted revenues of the related products. If the fair value of the trademark or brand is less than its carrying value, an impairment loss is recorded for the difference between the estimated fair value and carrying value of the intangible asset.
	The Company performed its annual impairment assessment of goodwill and indefinite-lived intangible assets in the third quarter of 2013 and 2012. In the third quarter of 2013, these assessments resulted in no goodwill impairment charges and an intangible asset impairment charge of $2 million related to a manufacturer of specialty devices used to measure the flow of gases and fluids in the Test & Measurement and Electronics segment. In 2012, these assessments resulted in a goodwill impairment charge of $1 million related to the pressure sensitive adhesives reporting unit in the Test & Measurement and Electronics segment (formerly the Power Systems & Electronics segment) and an intangible asset impairment charge of $1 million related to the international reporting unit in the Food Equipment segment.
	A summary of goodwill and indefinite-lived intangible assets that were adjusted to fair value and the related impairment charges included in the statement of income in the third quarter of 2013 and 2012 is as follows:
		2013						2012
	(In millions)	Book Value		Fair Value		Total Impairment Charges		Book Value		Fair Value		Total Impairment Charges
	Goodwill	$	—	$	—	$	—	$	146	$	145	$	1
	Indefinite-lived intangible assets	42		40		2		5		4		1

Retirement_Plans_and_Postretir

Retirement Plans and Postretirement Benefits	9 Months Ended
	Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
RETIREMENT PLANS AND POSTRETIREMENT BENEFITS	'
	RETIREMENT PLANS AND POSTRETIREMENT BENEFITS
	Pension and other postretirement benefit costs related to both continuing and discontinued operations for the three and nine months ended September 30, 2013 and 2012, were as follows:
		Three Months Ended												Nine Months Ended
	(In millions)	September 30,												September 30,
		Pension						Other Postretirement Benefits						Pension						Other Postretirement Benefits
		2013			2012			2013			2012			2013			2012			2013			2012
	Components of net periodic benefit cost:
	Service cost	$	21		$	24		$	3		$	3		$	67		$	73		$	9		$	10
	Interest cost	26			28			6			7			74			83			18			21
	Expected return on plan assets	(39		)	(39		)	(5		)	(5		)	(117		)	(118		)	(16		)	(15		)
	Amortization of actuarial loss	14			13			—			—			52			39			—			—
	Amortization of prior service cost	—			—			—			1			—			—			1			2
	Settlement/curtailment loss	10			—			—			—			44			—			—			—
	Net periodic benefit cost	$	32		$	26		$	4		$	6		$	120		$	77		$	12		$	18
	Amounts were included in the statement of
	income as follows:
	Income from Continuing Operations	$	27		$	24		$	3		$	5		$	112		$	70		$	10		$	16
	Income from Discontinued Operations	5			2			1			1			8			7			2			2
	Net periodic benefit cost	$	32		$	26		$	4		$	6		$	120		$	77		$	12		$	18
	The Company recognized pre-tax settlement charges of $34 million in the second quarter of 2013 and $8 million in the third quarter of 2013 tied primarily to higher lump sum pension payments related to the exit of Decorative Surfaces employees from the Company's U.S. primary pension plan. The settlement charges were included in Income from Continuing Operations. Refer to the Divestiture of Majority Interest in Former Decorative Surfaces Segment note for further details regarding the Decorative Surfaces transaction. In addition, the Company recognized a $2 million pre-tax curtailment charge on the U.S. primary pension plan in the third quarter of 2013 related to the Company's plan to sell the Industrial Packaging business and the reclassification of the Industrial Packaging business to discontinued operations. The curtailment charge was included in Income from Discontinued Operations.
	The Company expects to contribute approximately $132 million to its pension plans and $9 million to its other postretirement plans in 2013. As of September 30, 2013, contributions of $125 million to pension plans and $6 million to other postretirement plans have been made.

Debt

Debt	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
DEBT	'
	DEBT
	Short-term debt represents obligations with an original maturity date of one year or less and are stated at cost which approximates fair value. Short-term debt also includes current maturities of long-term debt. Included in short-term debt is commercial paper of $446 million as of September 30, 2013 and $408 million at December 31, 2012.
	Long-term debt represents obligations with an original maturity date of greater than one year, excluding amounts reclassified to short-term debt. In 2009, the Company issued $800 million of 5.15% redeemable notes due April 1, 2014, which were reclassified from long-term to short-term debt in the second quarter of 2013. The approximate fair value and related carrying value of the Company's total long-term debt, including current maturities of long-term debt reclassified to short-term debt, as of September 30, 2013 and December 31, 2012 were as follows:
	(In millions)	September 30,		December 31,
		2013		2012
	Fair value	$	4,728	$	5,105
	Carrying value	4,613		4,595
	The approximate fair values of the Company's long-term debt, including current maturities, were based on a Level 2 valuation model, using observable inputs, which included market rates for comparable instruments for the respective periods.
	In June 2012, the Company entered into a $1.5 billion line of credit agreement with a termination date of June 8, 2017. In June 2011, the Company entered into a $1.0 billion line of credit agreement with a termination date of June 10, 2016, which the Company terminated on August 16, 2013 and replaced with a $1.0 billion line of credit agreement with a termination date of August 15, 2018. No amounts were outstanding under these facilities at September 30, 2013.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2013
Equity [Abstract]	'
Accumulated Other Comprehensive Income	'
	ACCUMULATED OTHER COMPREHENSIVE INCOME
	Effective January 1, 2013, the Company adopted new accounting guidance that was issued in February 2013 requiring disclosure of amounts transferred out of accumulated other comprehensive income and recognized in the statement of income. The following table summarizes changes in accumulated other comprehensive income for the three and nine months ended September 30, 2013 and 2012:
		Three Months Ended						Nine Months Ended
	(In millions)	September 30,						September 30,
		2013			2012			2013			2012
	Beginning balance	$	12		$	135		$	293		$	224
	Foreign currency translation adjustments during the period	241			132			(166		)	64
	Foreign currency translation adjustments reclassified to income	1			1			7			(46		)
	Total foreign currency translation adjustments	242			133			(159		)	18
	Pension and other postretirement benefit adjustments during the period	36			—			147			—
	Pension and other postretirement benefit adjustments reclassified to income	22			13			99			49
	Income taxes	(20		)	(4		)	(88		)	(14		)
	Total pension and other postretirement benefit adjustments	38			9			158			35
	Ending balance	$	292		$	277		$	292		$	277
	Foreign currency translation adjustments reclassified to income are primarily related to the disposal of certain discontinued operations. Refer to the Discontinued Operations note for additional information. Pension and other postretirement benefit adjustments reclassified to income represent the amortization of actuarial losses and prior service cost, and settlement charges recognized in net periodic benefit cost. Refer to the Retirement Plans and Postretirement Benefits note for the amounts included in net periodic benefit cost. Pension and other postretirement benefit adjustments reclassified to income also included $2 million for the three-month period ended September 30, 2013, and $6 million and $11 million for the nine-month periods ended September 30, 2013 and 2012, respectively, related to the disposal of certain discontinued operations. Refer to the Discontinued Operations note for additional information.
	The ending balance of accumulated other comprehensive income as of September 30, 2013 and 2012 consisted of cumulative translation adjustment income of $708 million and $791 million, respectively, and unrecognized pension and other postretirement benefits costs, net of tax, of $416 million and $514 million, respectively.

Stock_Based_Compensation

Stock Based Compensation	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock-Based Compensation	'
	STOCK-BASED COMPENSATION
	In 2013, the Compensation Committee of the Board of Directors approved equity awards (the “2013 Awards”) consisting of stock options, restricted stock units (“RSUs”) and performance restricted stock units (“PRSUs”). The RSUs provide for full “cliff” vesting three years from the date of grant. The PRSUs provide for full “cliff” vesting after three years if the Compensation Committee certifies that the performance goals set with respect to the PRSUs have been met. Upon vesting, the holder will receive one share of common stock of the Company for each vested RSU or PRSU. The stock options vest over a four-year period and have a maturity of ten years from the issuance date. Option exercise prices are equal to the common stock fair market value on the date of grant. The following table summarizes the 2013 Awards:
	(Shares in millions)	Number of Shares		Weighted-Average Grant-Date Fair Value		Weighted-Average Exercise Price
	Stock options	1.3		$	10.06	$	63.86
	Restricted stock units (RSUs/PRSUs)	0.5		59.03		—
	The fair value of RSUs and PRSUs was determined by reducing the closing market price on the date of the grant by the present value of projected dividends over the vesting period. The Company uses a binomial option pricing model to estimate the fair value of the stock options granted. Lattice-based option valuation models, such as the binomial option pricing model, incorporate ranges of assumptions for inputs. The risk-free rate of interest for periods within the contractual life of the option is based on a zero-coupon U.S. government instrument over the contractual term of the equity instrument. Expected volatility is based on implied volatility from traded options on the Company's stock and historical volatility of the Company's stock. The Company uses historical data to estimate option exercise timing and employee termination rates within the valuation model. The weighted-average dividend yield is based on historical information. The expected term of options granted is derived from the output of the option valuation model and represents the period of time that options granted are expected to be outstanding. The ranges presented below result from separate groups of employees assumed to exhibit different behavior. The following table summarizes the assumptions used in the models to determine the fair value of the 2013 Awards:
	Risk-free interest rate	0.2 - 2.9%
	Weighted-average volatility	21.1	%
	Dividend yield	2.72	%
	Expected years until exercise	6.6 -7.6

Segment_Information

Segment Information	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Segment Information	'
	SEGMENT INFORMATION
	Effective January 1, 2013, the Company made certain changes in how its operations are reported to senior management in order to better align its portfolio of businesses with its enterprise-wide portfolio management initiative. As a result of this reorganization, the Company's operations are aggregated into the following seven external reportable segments: Test & Measurement and Electronics; Automotive OEM; Polymers & Fluids; Food Equipment; Welding; Construction Products; and Specialty Products.
	The significant changes resulting from this reorganization included the following:
	•	Certain businesses within the former Transportation segment, primarily related to the automotive aftermarket business, are reported in the Polymers & Fluids segment and the Transportation segment has been renamed Automotive OEM.
	•	The Welding business, which was formerly reported in the Power Systems & Electronics segment, is reported separately as the Welding segment.
	•	The Electronics business, which was formerly reported in the Power Systems & Electronics segment, has been combined with the Test & Measurement business, which was formerly reported in the All Other segment, to form a new Test & Measurement and Electronics segment.
	•	The All Other segment has been renamed Specialty Products.
	The changes in the reportable segments and underlying reporting units did not result in any goodwill impairment charges in the first quarter of 2013.
	Commensurate with the change in reportable segments described above, the segment operating income was also revised for a change in how the operating expenses maintained at the corporate level are allocated to the Company's segments. Prior to January 1, 2013, the Company allocated all operating expenses maintained at the corporate level to its segments. Beginning January 1, 2013, segments are allocated a fixed overhead charge based on the segment's revenues. Expenses not charged to the segments are now reported separately as Unallocated. Because the Unallocated category includes a variety of items, it is subject to fluctuation on a quarterly and annual basis.
	The prior year segment results and related disclosures have been restated to conform to the current year presentation under the new segment structure and expense allocation methodology. See Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations for information regarding operating revenues and operating income for the Company's segments.

Divestiture_of_Majority_Intere1

Divestiture of Majority Interest in Decorative Surfaces (Tables)	9 Months Ended
	Sep. 30, 2013
Divestiture of Majority Interest in Decorative Surfaces Segment [Abstract]	'
Schedule of Historical Operating Results of Decorative Surfaces	'
	Historical operating results of the former Decorative Surfaces segment for the three and nine months ended September 30, 2012 were as follows:
	(In millions)	Three Months Ended		Nine Months Ended
		September 30, 2012		September 30, 2012
	Operating revenues	$	267	$	828
	Operating income	41		131

Discontinued_Operations_Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Results of discontinued operations	'
	Results of the businesses presented as discontinued operations for the third quarter and year-to-date periods ended September 30, 2013 and 2012 were as follows:
		Three Months Ended							Nine Months Ended
	(In millions)	30-Sep-13							30-Sep-13
		2013				2012			2013			2012
	Operating revenues	$	657			$	779		$	2,157		$	2,543
	Income from discontinued operations before income taxes	$	57			$	140		$	107		$	796
	Income taxes	(11		)		(61		)	(59		)	(217		)
	Income from discontinued operations	$	46			$	79		$	48		$	579
Assets and liabilities of discontinued operations held for sale	'
	As of September 30, 2013, the assets and liabilities of the Industrial Packaging business, the three construction distribution businesses, and the specialty coatings business discussed above were included in assets and liabilities held for sale in the statement of financial position, as follows:
	(In millions)		September 30, 2013
	Trade receivables		$	423
	Inventories		256
	Net plant and equipment		303
	Goodwill and intangible assets		870
	Other		145
	Loss reserves on assets held for sale		(46		)
	Total assets held for sale		$	1,951
	Accounts payable		$	121
	Accrued expenses		160
	Other		113
	Total liabilities held for sale		$	394

Income_Taxes_Income_Taxes_Tabl

Income Taxes Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
Schedule of Effective Income Tax Rate Reconciliation	'
	The components of the effective tax rate for the third quarter and year-to-date periods ended September 30, 2013 and 2012 were as follows:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2013		2012		2013		2012
	Tax rate based on estimated annual effective tax rate	29	%	27.8	%	28.8	%	28.3	%
	Discrete tax adjustment	6.4	%	—	%	2.3	%	—	%
	Effective tax rate	35.4	%	27.8	%	31.1	%	28.3	%

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 30, 2013
Inventory Disclosure [Abstract]	'
Inventories	'
	Inventories as of September 30, 2013 and December 31, 2012 were as follows:
	(In millions)	September 30, 2013		December 31,
				2012
	Raw material	$	460	$	539
	Work-in-process	151		152
	Finished goods	697		894
	Total inventories	$	1,308	$	1,585

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Summary of Goodwill and indefinite Lived Intangible	'
	A summary of goodwill and indefinite-lived intangible assets that were adjusted to fair value and the related impairment charges included in the statement of income in the third quarter of 2013 and 2012 is as follows:
		2013						2012
	(In millions)	Book Value		Fair Value		Total Impairment Charges		Book Value		Fair Value		Total Impairment Charges
	Goodwill	$	—	$	—	$	—	$	146	$	145	$	1
	Indefinite-lived intangible assets	42		40		2		5		4		1

Retirement_Plans_and_Postretir1

Retirement Plans and Postretirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
Pension and other postretirement benefit costs	'
	Pension and other postretirement benefit costs related to both continuing and discontinued operations for the three and nine months ended September 30, 2013 and 2012, were as follows:
		Three Months Ended												Nine Months Ended
	(In millions)	September 30,												September 30,
		Pension						Other Postretirement Benefits						Pension						Other Postretirement Benefits
		2013			2012			2013			2012			2013			2012			2013			2012
	Components of net periodic benefit cost:
	Service cost	$	21		$	24		$	3		$	3		$	67		$	73		$	9		$	10
	Interest cost	26			28			6			7			74			83			18			21
	Expected return on plan assets	(39		)	(39		)	(5		)	(5		)	(117		)	(118		)	(16		)	(15		)
	Amortization of actuarial loss	14			13			—			—			52			39			—			—
	Amortization of prior service cost	—			—			—			1			—			—			1			2
	Settlement/curtailment loss	10			—			—			—			44			—			—			—
	Net periodic benefit cost	$	32		$	26		$	4		$	6		$	120		$	77		$	12		$	18
	Amounts were included in the statement of
	income as follows:
	Income from Continuing Operations	$	27		$	24		$	3		$	5		$	112		$	70		$	10		$	16
	Income from Discontinued Operations	5			2			1			1			8			7			2			2
	Net periodic benefit cost	$	32		$	26		$	4		$	6		$	120		$	77		$	12		$	18

Debt_Tables

Debt (Tables)	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Fair value and carrying value of long-term debt, including current maturities	'
	The approximate fair value and related carrying value of the Company's total long-term debt, including current maturities of long-term debt reclassified to short-term debt, as of September 30, 2013 and December 31, 2012 were as follows:
	(In millions)	September 30,		December 31,
		2013		2012
	Fair value	$	4,728	$	5,105
	Carrying value	4,613		4,595

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2013
Equity [Abstract]	'
Schedule of Accumulated Other Comprehensive Income	'
	The following table summarizes changes in accumulated other comprehensive income for the three and nine months ended September 30, 2013 and 2012:
		Three Months Ended						Nine Months Ended
	(In millions)	September 30,						September 30,
		2013			2012			2013			2012
	Beginning balance	$	12		$	135		$	293		$	224
	Foreign currency translation adjustments during the period	241			132			(166		)	64
	Foreign currency translation adjustments reclassified to income	1			1			7			(46		)
	Total foreign currency translation adjustments	242			133			(159		)	18
	Pension and other postretirement benefit adjustments during the period	36			—			147			—
	Pension and other postretirement benefit adjustments reclassified to income	22			13			99			49
	Income taxes	(20		)	(4		)	(88		)	(14		)
	Total pension and other postretirement benefit adjustments	38			9			158			35
	Ending balance	$	292		$	277		$	292		$	277

Stock_Based_Compensation_Table

Stock Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share-based Compensation, Restricted and Performance Restricted Stock Units Activity	'
	The following table summarizes the 2013 Awards:
	(Shares in millions)	Number of Shares		Weighted-Average Grant-Date Fair Value		Weighted-Average Exercise Price
	Stock options	1.3		$	10.06	$	63.86
	Restricted stock units (RSUs/PRSUs)	0.5		59.03		—
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	'
	The following table summarizes the assumptions used in the models to determine the fair value of the 2013 Awards:
	Risk-free interest rate	0.2 - 2.9%
	Weighted-average volatility	21.1	%
	Dividend yield	2.72	%
	Expected years until exercise	6.6 -7.6

Divestiture_of_Majority_Intere2

Divestiture of Majority Interest In Decorative Surfaces Segment (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Nov. 01, 2012

Nov. 01, 2012

Oct. 31, 2012

Sep. 30, 2012

Sep. 30, 2012

Oct. 31, 2012

Aug. 15, 2012

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Wilsonart International Holding, LLC [Member]

Wilsonart International Holding, LLC [Member]

Decorative Surfaces [Member]

Decorative Surfaces [Member]

Decorative Surfaces [Member]

Decorative Surfaces [Member]

Other Income (Expense) [Member]

Other Income (Expense) [Member]

Cumulative Convertible Participating Preferred Units [Member]

Wilsonart International Holding, LLC [Member]

Schedule of Equity Method Investments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Decorative Surfaces segment, percentage sold

'

'

'

'

'

'

'

'

'

'

'

51.00%

'

'

'

Pretax gain on sale of portion of Decorative Surfaces segment

'

'

'

'

'

'

'

'

'

'

$933,000,000

'

'

'

'

After tax gain on sale of portion of Decorative Surfaces segment

'

'

'

'

'

'

'

'

'

'

632,000,000

'

'

'

'

Net sales proceeds on sale of Wilsonart and Subsidiaries

'

1,050,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Equity ownership percentage in Wilsonart

'

'

'

'

'

'

'

49.00%

'

'

'

'

'

'

'

Contribution amount of CD&R in exchange for Wilsonart preferred units

'

'

'

'

'

395,000,000

'

'

'

'

'

'

'

'

'

% of Preferred Units of Wilsonart

'

'

'

'

'

'

51.00%

'

'

'

'

'

'

'

'

Dividend rate for Preferred Units

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10.00%

Loss from interest in Wilsonart

'

'

'

'

'

'

'

'

'

'

'

'

4,000,000

6,000,000

'

Historical Operating Results [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Operating revenues

3,568,000,000

'

3,733,000,000

10,581,000,000

11,307,000,000

'

'

'

267,000,000

828,000,000

'

'

'

'

'

Operating income

$678,000,000

'

$667,000,000

$1,886,000,000

$1,951,000,000

'

'

'

$41,000,000

$131,000,000

'

'

'

'

'

Discontinued_Operations_Detail

Discontinued Operations (Details Textual) (USD $)

1 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

In Millions, unless otherwise specified

Apr. 30, 2011

Mar. 31, 2013

Jun. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Dec. 31, 2012

Dec. 31, 2012

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Jun. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Mar. 31, 2013

Consumer Packaging Business One [Member]

Consumer Packaging Business Two [Member]

Packaging Distribution Business [Member]

Welding Manufacturing Business [Member]

Transportation Related Business [Member]

Transportation Related Business [Member]

Transportation Related Business [Member]

Machine Components Business [Member]

Chemical Manufacturing Business [Member]

Construction Distribution Business [Member]

Construction Distribution Business [Member]

business

business

business

business

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of businesses planned for divestiture

'

'

'

'

'

'

'

'

'

'

'

2

'

'

3

2

Goodwill impairment charges

'

$42

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Loss reserves on assets held for sale

'

60

'

46

'

'

'

'

'

'

'

'

'

'

'

'

Pre-tax gain (loss) on sale of a discontinued operation

'

'

454

-92

496

27

17

-19

16

-10

-1

'

14

-6

'

'

Number of businesses divested

'

'

'

'

'

'

'

'

'

'

1

'

'

'

'

'

Cash transaction made through definitive agreement

$650

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Discontinued_Operations_Detail1

Discontinued Operations (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Discontinued Operations and Disposal Groups [Abstract]	'	'	'	'
Operating revenues	$657	$779	$2,157	$2,543
Income from discontinued operations before income taxes	57	140	107	796
Income taxes	-11	-61	-59	-217
Income from discontinued operations	$46	$79	$48	$579

Discontinued_Operations_Detail2

Discontinued Operations (Details 1) (USD $)	Sep. 30, 2013	Mar. 31, 2013
In Millions, unless otherwise specified
The assets and liabilities held for sale of discontinued operations	'	'
Trade receivables	$423	'
Inventories	256	'
Net plant and equipment	303	'
Goodwill and intangible assets	870	'
Other	145	'
Loss reserves on assets held for sale	-46	-60
Total assets held for sale	1,951	'
Accounts payable	121	'
Accrued expenses	160	'
Other	113	'
Total liabilities held for sale	$394	'

Gain_on_Acquisition_of_Control1

Gain on Acquisition of Controlling Interest in Equity Investment (Details) (USD $)	9 Months Ended		3 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Mar. 31, 2013
			Other Income (Expense) [Member]
			Changes Measurement [Member]
Business Acquisition [Line Items]	'	'	'
Pre-tax gain on remeasurement of existing equity interest	$30	$0	$30

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Income Tax Disclosure [Abstract]	'	'	'	'
Discrete tax charge related to tax treatment of intercompany financing transactions	$40	'	'	'
Tax rate based on estimated annual effective tax rate	29.00%	27.80%	28.80%	28.30%
Discrete tax adjustment	6.40%	0.00%	2.30%	0.00%
Effective tax rate	35.40%	27.80%	31.10%	28.30%
Period for unrecognized tax benefits to decrease	'	'	'12 months	'
Significant change within twelve months in unrecognized tax benefits, Upper Bound	$21	'	$21	'

Inventories_Details

Inventories (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Inventory Disclosure [Abstract]	'	'
Raw material	$460	$539
Work-in-process	151	152
Finished goods	697	894
Total inventories	$1,308	$1,585

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets (Details) (USD $)	3 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Goodwill impairment charges	$0	$1,000,000
Goodwill, Book Value	0	146,000,000
Goodwill, Fair Value	0	145,000,000
Indefinite-lived intangible assets, Book Value	42,000,000	5,000,000
Indefinite-lived intangible assets, Fair Value	40,000,000	4,000,000
Indefinite-lived intangible assets, Total Impairment Charges	$2,000,000	$1,000,000

Retirement_Plans_and_Postretir2

Retirement Plans and Postretirement Benefits (Details) (USD $)	3 Months Ended			9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Amounts were included in the statement of income as follows:	'	'	'	'	'
Income from Continuing Operations	$406	'	$445	$1,223	$1,312
Income from Discontinued Operations	46	'	79	48	579
Net Income	452	'	524	1,271	1,891
Pension [Member]	'	'	'	'	'
Components of net periodic benefit cost:	'	'	'	'	'
Service cost	21	'	24	67	73
Interest cost	26	'	28	74	83
Expected return on plan assets	-39	'	-39	-117	-118
Amortization of actuarial loss	14	'	13	52	39
Amortization of prior service cost	0	'	0	0	0
Settlement/curtailment loss	10	34	0	44	0
Net periodic benefit cost	32	'	26	120	77
Amounts were included in the statement of income as follows:	'	'	'	'	'
Income from Continuing Operations	27	'	24	112	70
Income from Discontinued Operations	5	'	2	8	7
Net Income	32	'	26	120	77
Other Postretirement Benefits [Member]	'	'	'	'	'
Components of net periodic benefit cost:	'	'	'	'	'
Service cost	3	'	3	9	10
Interest cost	6	'	7	18	21
Expected return on plan assets	-5	'	-5	-16	-15
Amortization of actuarial loss	0	'	0	0	0
Amortization of prior service cost	0	'	1	1	2
Settlement/curtailment loss	0	'	0	0	0
Net periodic benefit cost	4	'	6	12	18
Amounts were included in the statement of income as follows:	'	'	'	'	'
Income from Continuing Operations	3	'	5	10	16
Income from Discontinued Operations	1	'	1	2	2
Net Income	$4	'	$6	$12	$18

Retirement_Plans_and_Postretir3

Retirement Plans and Postretirement Benefits (Details Textual) (USD $)	3 Months Ended			9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Pension [Member]	'	'	'	'	'
Pension and Other Postretirement Benefits (Textual) [Abstract]	'	'	'	'	'
Settlement/curtailment loss	$10	$34	$0	$44	$0
Expected current year contributions for pension and other postretirement plans	132	'	'	132	'
Contributions for pension and other postretirement plans	'	'	'	125	'
Other Postretirement Benefits [Member]	'	'	'	'	'
Pension and Other Postretirement Benefits (Textual) [Abstract]	'	'	'	'	'
Settlement/curtailment loss	0	'	0	0	0
Expected current year contributions for pension and other postretirement plans	9	'	'	9	'
Contributions for pension and other postretirement plans	'	'	'	6	'
Decorative Surfaces [Member] | Pension [Member]	'	'	'	'	'
Pension and Other Postretirement Benefits (Textual) [Abstract]	'	'	'	'	'
Settlement/curtailment loss	8	'	'	'	'
Industrial Packaging [Member] | Pension [Member]	'	'	'	'	'
Pension and Other Postretirement Benefits (Textual) [Abstract]	'	'	'	'	'
Settlement/curtailment loss	$2	'	'	'	'

Debt_Details

Debt (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2009
			5.15% Notes Due April 1, 2014 [Member]
Debt Disclosure [Abstract]	'	'	'
Outstanding commercial paper	$446,000,000	$408,000,000	'
Debt Instrument [Line Items]	'	'	'
Face value of notes	'	'	800,000,000
Interest rate, stated percentage	'	'	5.15%
Fair value	4,728,000,000	5,105,000,000	'
Carrying value	$4,613,000,000	$4,595,000,000	'

Debt_Credit_Agreements_Details

Debt Credit Agreements (Details) (USD $)	Sep. 30, 2013	Jun. 30, 2012	Jun. 30, 2011	Aug. 16, 2013
		Line of Credit Terminating June 8, 2017 [Member]	Line of Credit Terminated August 16, 2013 [Member]	Line of Credit Terminating August 15, 2018 [Member]
Line of Credit Facility [Line Items]	'	'	'	'
Line of credit agreement	'	$1,500,000,000	$1,000,000,000	$1,000,000,000
Line of credit agreements, amount outstanding	$0	'	'	'

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income (Details) (USD $)

Sep. 30, 2013

Jun. 30, 2013

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Dec. 31, 2011

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

In Millions, unless otherwise specified

Accumulated Translation Adjustment [Member]

Accumulated Translation Adjustment [Member]

Accumulated Translation Adjustment [Member]

Accumulated Translation Adjustment [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Discontinued Operations [Member]

Discontinued Operations [Member]

Discontinued Operations [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Changes in Accumulated Other Comprehensive Income [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Beginning balance

$292

$12

$293

$277

$135

$224

'

'

'

'

'

'

'

'

'

'

'

Other comprehensive income (loss) adjustments during the period

'

'

'

'

'

'

241

132

-166

64

36

0

147

0

'

'

'

Other comprehensive income (loss), adjustments reclassified to income

'

'

'

'

'

'

1

1

7

-46

22

13

99

49

2

6

11

Income taxes

'

'

'

'

'

'

'

'

'

'

-20

-4

-88

-14

'

'

'

Other comprehensive income (loss), net of tax

'

'

'

'

'

'

242

133

-159

18

38

9

158

35

'

'

'

Ending balance

$292

$12

$293

$277

$135

$224

$708

$791

$708

$791

($416)

($514)

($416)

($514)

'

'

'

Stock_Based_Compensation_Detai

Stock Based Compensation (Details)	9 Months Ended
	Sep. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Number of shares received for each vested restricted or performance restricted stock unit	1
Employee Stock Option [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Award expiration period	'10 years
Cliff Vesting [Member] | Restricted Stock Units (RSUs) [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Award vesting period	'3 years
Cliff Vesting [Member] | Performance Restricted Stock Unit [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Award vesting period	'3 years
Periodic Vesting [Member] | Employee Stock Option [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Award vesting period	'4 years

Stock_Based_Compensation_Grant

Stock Based Compensation Grants (Details) (USD $)	9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Stock options, grants in period, shares	1.3
Weighted average grant date fair value of options, per share	$10.06
Weighted average exercise price of options granted, per share	$63.86
Restricted Stock Units and Performance Restricted Stock Units [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Restricted stock units grants in period, shares	0.5
Weighted average grant date fair value of restricted stock units granted, per share	$59.03

Stock_Based_Compensation_Binom

Stock Based Compensation Binomial Option Pricing Model (Details)	9 Months Ended
	Sep. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Risk-free interest rate, minimum	0.20%
Risk-free interest rate, maximum	2.90%
Weighted-average volatility	21.10%
Dividend yield	2.72%
Minimum [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Expected years until exercise	'6 years 7 months 6 days
Maximum [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Expected years until exercise	'7 years 7 months 6 days

Segment_Information_Details

Segment Information (Details)	9 Months Ended
	Sep. 30, 2013
	Segment
Segment Reporting [Abstract]	'
Number of reportable segments	7