Illinois Tool Works (ITW) 10-K13 Feb 152014 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Billions, except Share data, unless otherwise specified	Dec. 31, 2014	Jan. 31, 2015	Jun. 30, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	ILLINOIS TOOL WORKS INC
Entity Central Index Key	49826
Current Fiscal Year End Date	-19
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Amendment Flag	FALSE
Entity Common Stock, Shares Outstanding		379,447,026
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$28.20

Statement_of_Income

Statement of Income (USD $)	12 Months Ended
In Millions, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Statement [Abstract]
Operating Revenues	$14,484	$14,135	$14,791
Cost of revenues	8,673	8,554	9,134
Selling, administrative, and research and development expenses	2,678	2,815	2,928
Amortization of intangible assets	242	250	252
Impairment of goodwill and other intangible assets	3	2	2
Operating Income	2,888	2,514	2,475
Interest expense	-250	-239	-213
Gain on sale of interest in Decorative Surfaces	0	0	933
Other income (expense)	61	72	11
Income from Continuing Operations Before Income Taxes	2,699	2,347	3,206
Income taxes	809	717	973
Income from Continuing Operations	1,890	1,630	2,233
Income from Discontinued Operations	1,056	49	637
Net Income	$2,946	$1,679	$2,870
Income Per Share from Continuing Operations:
Basic (in dollars per share)	$4.70	$3.65	$4.75
Diluted (in dollars per share)	$4.67	$3.63	$4.72
Income Per Share from Discontinued Operations:
Basic (in dollars per share)	$2.63	$0.11	$1.36
Diluted (in dollars per share)	$2.61	$0.11	$1.35
Net Income Per Share:
Basic (in dollars per share)	$7.33	$3.76	$6.11
Diluted (in dollars per share)	$7.28	$3.74	$6.06

Statement_of_Comprehensive_Inc

Statement of Comprehensive Income (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement of Comprehensive Income [Abstract]
Net income	$2,946	$1,679	$2,870
Other Comprehensive Income:
Foreign currency translation adjustments	-939	-193	94
Pension and other postretirement benefit adjustments, net of tax	-103	284	-25
Comprehensive Income	$1,904	$1,770	$2,939

Statement_of_Income_Reinvested

Statement of Income Reinvested in the Business (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement of Income Reinvested in Business [Roll Forward]
Beginning Balance	$14,943	$13,973	$11,794
Net income	2,946	1,679	2,870
Cash dividends declared	-716	-709	-691
Ending Balance	$17,173	$14,943	$13,973

Statement_of_Financial_Positio

Statement of Financial Position (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current Assets:
Cash and equivalents	$3,990	$3,618
Trade receivables	2,293	2,365
Inventories	1,180	1,247
Deferred income taxes	212	384
Prepaid expenses and other current assets	401	366
Assets held for sale	0	1,836
Total current assets	8,076	9,816
Net plant and equipment	1,686	1,709
Goodwill	4,667	4,886
Intangible assets	1,799	1,999
Deferred income taxes	301	359
Other assets	1,149	1,197
Total Assets	17,678	19,966
Current Liabilities:
Short-term debt	1,476	3,551
Accounts payable	512	634
Accrued expenses	1,287	1,272
Cash dividends payable	186	181
Income taxes payable	64	69
Deferred income taxes	8	10
Liabilities held for sale	0	317
Total current liabilities	3,533	6,034
Noncurrent Liabilities:
Long-term debt	5,981	2,793
Deferred income taxes	338	507
Other liabilities	1,002	923
Total noncurrent liabilities	7,321	4,223
Stockholdersâ€™ Equity:
Common stock issued - 550,035,604 shares in 2014 and 2013	6	6
Additional paid-in-capital	1,096	1,046
Income reinvested in the business	17,173	14,943
Common stock held in treasury	-10,798	-6,676
Accumulated other comprehensive income	-658	384
Noncontrolling interest	5	6
Total stockholdersâ€™ equity	6,824	9,709
Total Liabilities and Stockholders' Equity	$17,678	$19,966

Statement_of_Financial_Positio1

Statement of Financial Position (Parenthetical)	Dec. 31, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]
Common stock shares issued (in shares)	550,035,604	550,035,604

Statement_of_Cash_Flows

Statement of Cash Flows (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash Provided by (Used for) Operating Activities:
Net income	$2,946	$1,679	$2,870
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation	262	299	323
Amortization and impairment of goodwill and other intangible assets	245	314	290
Change in deferred income taxes	55	6	243
Provision for uncollectible accounts	7	3	11
(Income) loss from investments	-8	-12	-11
(Gain) loss on sale of plant and equipment	2	-1	-4
(Gain) loss on discontinued operations	-1,718	91	-499
(Gain) loss on sale of operations and affiliates	6	5	-931
Stock-based compensation expense	39	37	54
Gain on acquisition of controlling interest in an equity investment	0	-30	0
Other non-cash items, net	10	17	23
(Increase) decrease inâ€”
Trade receivables	-70	-83	-13
Inventories	-10	24	82
Prepaid expenses and other assets	-97	229	-75
Increase (decrease) inâ€”
Accounts payable	-20	8	-21
Accrued expenses and other liabilities	5	161	-87
Income taxes	33	-176	-173
Other, net	-71	-43	-10
Net cash provided by operating activities	1,616	2,528	2,072
Cash Provided by (Used for) Investing Activities:
Acquisition of businesses (excluding cash and equivalents) and additional interest in affiliates	-45	-369	-723
Additions to plant and equipment	-361	-368	-382
Proceeds from investments	28	40	281
Proceeds from sale of plant and equipment	28	38	30
Net proceeds from sale of discontinued operations	3,191	206	815
Proceeds from sale of operations and affiliates	18	2	1,028
Other, net	-17	-5	-2
Net cash provided by (used for) investing activities	2,842	-456	1,047
Cash Provided by (Used for) Financing Activities:
Cash dividends paid	-711	-528	-865
Issuance of common stock	148	206	283
Repurchases of common stock	-4,346	-2,106	-2,020
Net proceeds from (repayments of) debt with original maturities of three months or less	-239	1,267	208
Proceeds from debt with original maturities of more than three months	3,329	3	1,079
Repayments of debt with original maturities of more than three months	-1,751	-6	-272
Excess tax benefits from stock-based compensation	33	24	16
Other, net	-14	0	0
Net cash provided by (used for) financing activities	-3,551	-1,140	-1,571
Effect of Exchange Rate Changes on Cash and Equivalents	-535	-93	53
Cash and Equivalents:
Increase (decrease) during the year	372	839	1,601
Beginning of year	3,618	2,779	1,178
End of year	3,990	3,618	2,779
Supplementary Cash Flow Information:
Cash Paid During the Year for Interest	236	240	211
Cash Paid During the Year for Income Taxes, Net of Refunds	1,502	602	1,134
Supplementary Non-Cash Investing Information:
Liabilities Assumed from Acquisitions	4	145	194
Equity investment in Wilsonart	$0	$0	$204

Notes_to_Financial_Statements

Notes to Financial Statements	12 Months Ended
Notes to Financial Statements	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Notes to Financial Statements	The Notes to Financial Statements furnish additional information on items in the financial statements. The notes have been arranged in the same order as the related items appear in the statements.

	Illinois Tool Works Inc. (the "Company" or "ITW") is a global manufacturer of a diversified range of industrial products and equipment with approximately 90 divisions in 57 countries. The Company primarily serves the automotive OEM/tiers, automotive aftermarket, general industrial, commercial food equipment, and construction end markets.

	Significant accounting principles and policies of the Company are in italics. Certain reclassifications of prior year data have been made to conform to current year reporting.

	The preparation of the Company’s financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the notes to financial statements. Actual results could differ from those estimates. The significant estimates included in the preparation of the financial statements are related to inventories, trade receivables, plant and equipment, income taxes, goodwill and intangible assets, product liability matters, litigation, product warranties, pensions, other postretirement benefits, environmental matters and stock-based compensation.

Consolidation_and_Translation

Consolidation and Translation	12 Months Ended
Consolidation and Translation	Dec. 31, 2014
Consolidation and Translation [Abstract]
Consolidation and Translation	Consolidation and Translation—The financial statements include the Company and its majority-owned subsidiaries. The Company follows the equity method of accounting for investments where the Company has a significant influence but not a controlling interest. Intercompany transactions are eliminated from the financial statements. Foreign subsidiaries’ assets and liabilities are translated to U.S. dollars at end-of-period exchange rates. Revenues and expenses are translated at average rates for the period. Translation adjustments are reported as a component of accumulated other comprehensive income in stockholders’ equity.

Divestiture_of_Majority_Intere

Divestiture of Majority Interest in Former Decorative Surfaces Segment	12 Months Ended
	Dec. 31, 2014
Equity Method Investments and Joint Ventures [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. The Company recorded its initial equity investment in Wilsonart at fair value. The fair value was determined using an implied equity value approach, which is a Level 3 valuation method. Under this approach, the total equity of Wilsonart was valued using an option pricing model and the value of the Preferred Units was deducted to arrive at the implied equity value of the Common Units. The significant unobservable inputs utilized in this calculation were the expected term of the investment and assumed volatility during the term. The Company also applied a discount factor to the implied equity value of the Common Units due to the lack of marketability of the Common Units. The fair value of the Company’s retained ownership interest was determined to be $204 million and resulted in a pre-tax gain of $51 million related to the retained interest, which was included in the pre-tax gain noted above. The Company’s equity investment in Wilsonart is reported in Other assets in the consolidated statement of financial position. The Company’s proportionate share in the income (loss) of Wilsonart is reported in Other income (expense) in the consolidated statement of income. 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 recorded a pre-tax loss of $30 million for the two-month period ended December 31, 2012 in Other income (expense) primarily due to transaction costs related to the formation of Wilsonart and the impact of purchase accounting. The Company recorded pre-tax losses of $9 million and $14 million for the years ended December 31, 2014 and 2013, respectively, in Other income (expense) related to its interest in Wilsonart.

	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 are 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 2012 were as follows:



	In millions	For the Ten Months Ended October 31, 2012
	Operating revenues	$	921

	Operating income	143

Discontinued_Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations—The Company periodically reviews its operations for businesses that may no longer be aligned with its enterprise initiatives and long-term objectives. As a result, 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. The Company classified the Industrial Packaging segment as held for sale beginning in the third quarter of 2013 and no longer presented this segment as part of its continuing operations.

	On February 6, 2014, the Company announced that it had signed a definitive agreement to sell its Industrial Packaging business to The Carlyle Group for $3.2 billion. The transaction was completed on May 1, 2014, resulting in a pre-tax gain of $1.7 billion ($1.1 billion after-tax) in the second quarter of 2014 which was included in Income from discontinued 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. These businesses were classified as held for sale beginning in the third quarter of 2013. The specialty coatings business was sold in the fourth quarter of 2013. The construction distribution business was sold in the second quarter of 2014.

	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.

	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, a packaging distribution business which was previously included in the former Industrial Packaging segment, and a welding manufacturing business previously included in the Welding segment.

	In the second quarter of 2013, the Company divested one of the held for sale transportation related businesses, the machine components business, and the chemical manufacturing business. In the third quarter of 2013, the Company divested the second held for sale transportation related business. In the fourth quarter of 2013, the Company divested one construction distribution business and the remaining construction distribution business was sold in the second quarter of 2014.

	2011 Discontinued Operations-In April 2011, the Company entered into a definitive agreement to sell its finishing group of businesses included within the Specialty Products segment to Graco Inc. in a $650 million cash transaction. The sale of the finishing business to Graco was completed on April 2, 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. The consumer packaging business was sold in the third quarter of 2012.

	The operating results of the businesses discussed above are reported as discontinued operations in the statement of income for all periods presented. Results of the discontinued operations for the years ended December 31, 2014, 2013 and 2012 were as follows:



	In millions		2014			2013			2012
	Operating revenues		$	798		$	2,769		$	3,275


	Income before income taxes		$	1,805		$	186		$	886

	Income tax expense		(749		)	(137		)	(249		)
	Income from discontinued operations		$	1,056		$	49		$	637


	Included in income before income taxes from discontinued operations are net gain on disposal of $1.7 billion in 2014, net losses on disposal of $91 million in 2013, and net gains of $499 million in 2012. The net gain in 2014 included a pre-tax gain of $1.7 billion ($1.1 billion after-tax) on the sale of the Industrial Packaging business. The net losses in 2013 included a $39 million pre-tax loss related to the sale of one of the construction distribution businesses and a $20 million pre-tax loss related to the sale of one of the transportation businesses. The net gains in 2012 included a $452 million pre-tax gain on the sale of the finishing group of businesses. Also included in income before income taxes from discontinued operations in 2013 was a $42 million goodwill impairment charge recorded in connection with the anticipated sale of one of the transportation related businesses.

	In 2014, income tax expense from discontinued operations included $175 million of U.S. income tax expense related to the repatriation of approximately $1.3 billion of international proceeds from the sale of the Industrial Packaging business. In 2013, income tax expense from discontinued operations included $42 million of tax expense related to the legal restructuring of the Industrial Packaging business.

	There were no businesses classified as held for sale as of December 31, 2014. As of December 31, 2013, the assets and liabilities of the Industrial Packaging business and the two construction distribution businesses discussed above were included in assets and liabilities held for sale in the statement of financial position, as follows:



	In millions	December 31, 2013
	Trade receivables	$	352

	Inventories	244

	Net plant and equipment	305

	Goodwill and intangible assets	844

	Other	91

	Assets held for sale	$	1,836


	Accounts payable	$	87

	Accrued expenses	139

	Other	91

	Liabilities held for sale	$	317


	In April 2014, the Financial Accounting Standards Board ("FASB") issued authoritative guidance to change the criteria for reporting discontinued operations. Under the new guidance, only disposals representing a strategic shift in a company's operations and financial results should be reported as discontinued operations, with expanded disclosures. In addition, disclosure of the pre-tax income attributable to a disposal of a significant part of an organization that does not qualify as a discontinued operation is required. The Company adopted this new guidance effective January 1, 2015. The new guidance applies prospectively to new disposals and new classifications of disposal groups held for sale after such date. As a result, this guidance did not have any impact on the Company's financial statements or related disclosures upon adoption.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Acquisitions	Acquisitions—The Company accounts for acquisitions under the acquisition method, in which assets acquired and liabilities assumed are recorded at fair value as of the date of acquisition. The operating results of the acquired companies are included in the Company’s consolidated financial statements from the date of acquisition. Acquisitions, individually and in the aggregate, did not materially affect the Company’s results of operations or financial position for any period presented. Net cash paid for acquisitions during 2014, 2013, and 2012 was $45 million, $369 million, and $723 million, respectively.

	The premium over tangible net assets recorded for acquisitions based on purchase price allocations during 2014, 2013 and 2012 was as follows:



		2014			2013			2012
	In millions except weighted-average lives (years)	Weighted-	Premium		Weighted-	Premium		Weighted-	Premium
		Average	Recorded		Average	Recorded		Average	Recorded
		Life			Life			Life
	Goodwill		$	18		$	247		$	333

	Amortizable intangible assets:
	Customer lists and relationships	11.4	12		11.2	100		12.2	169

	Patents and proprietary technology	15.4	8		9.8	34		8.2	38

	Trademarks and brands	12.9	3		15.5	35		12.8	36

	Noncompete agreements	—	—		3.8	1		4.5	29

	Other	—	—		5.1	11		7.2	12

	Total amortizable intangible assets	12.9	23		11.4	181		10.7	284

	Indefinite-lived intangible assets:
	Trademarks and brands		—			—			42

	Total premium recorded		$	41		$	428		$	659


	Of the total goodwill recorded for acquisitions, the Company expects goodwill of $14 million in 2014, $25 million in 2013 and $15 million in 2012 will be tax deductible.

Operating_Revenues

Operating Revenues	12 Months Ended
Operating Revenues	Dec. 31, 2014
Operating Revenues [Abstract]
Operating Revenues	Operating Revenues are recognized when persuasive evidence of an arrangement exists, product has shipped and the risks and rewards of ownership have transferred or services have been rendered, the price to the customer is fixed or determinable, and collectibility is reasonably assured, which is generally at the time of product shipment. Typical sales arrangements are for standard products and provide for transfer of ownership and risk of loss at the time of shipment. In limited circumstances where significant obligations to the customer are unfulfilled at the time of shipment, typically involving installation and customer acceptance, revenue recognition is deferred until such obligations have been completed. Customer allowances and rebates, consisting primarily of volume discounts and other short-term incentive programs, are estimated at the time of sale based on historical experience and known trends and are recorded as a reduction in reported revenues.

	In May 2014, the FASB issued authoritative guidance to change the criteria for revenue recognition. The core principle of the new standard is that revenue should be recognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, several new revenue recognition disclosures will be required. This guidance is effective for the Company beginning January 1, 2017. The Company is currently assessing the potential impact the guidance will have upon adoption.

Research_and_Development_Expen

Research and Development Expenses	12 Months Ended
Research and Development Expenses	Dec. 31, 2014
Research and Development [Abstract]
Research and Development Expenses	Research and Development Expenses are recorded as expense in the year incurred. These costs were $227 million in 2014, $240 million in 2013 and $240 million in 2012.

Rental_Expense

Rental Expense	12 Months Ended
	Dec. 31, 2014
Leases [Abstract]
Rental Expense	Rental Expense was $130 million in 2014, $138 million in 2013 and $144 million in 2012. Future minimum lease payments under non-cancelable leases for the years ending December 31 are as follows:



	In millions
	2015	$	105

	2016	78

	2017	52

	2018	35

	2019	26

	2020 and future years	41

		$	337

Advertising_Expenses

Advertising Expenses	12 Months Ended
Advertising Expenses	Dec. 31, 2014
Advertising Expenses [Abstract]
Advertising Expenses	Advertising Expenses are recorded as expense in the year incurred. These costs were $66 million in 2014, $67 million in 2013 and $78 million in 2012.

Other_Income_Expense

Other Income (Expense)	12 Months Ended
	Dec. 31, 2014
Other Income and Expenses [Abstract]
Other Income (Expense)	Other Income (Expense) consisted of the following:



	In millions	2014			2013			2012
	Interest income	$	65		$	50		$	38

	Gain (loss) on foreign currency transactions, net	8			(5		)	(10		)

	Income from investments	8			12			11

	Gain (loss) on disposal of operations and affiliates	(6		)	(5		)	(2		)
	Equity loss in Wilsonart	(9		)	(14		)	(30		)
	Gain on acquisition of controlling interest in an equity investment	—			30			—

	Other, net	(5		)	4			4

		$	61		$	72		$	11


	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	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes—The Company utilizes the asset and liability method of accounting for income taxes. Deferred income taxes are determined based on the estimated future tax effects of differences between the financial and tax bases of assets and liabilities given the provisions of the enacted tax laws. The components of the provision for income taxes were as shown below:



	In millions		2014				2013				2012
	U.S. federal income taxes:
	Current		$	413			$	410			$	474

	Deferred		121				84				250

			534				494				724

	Foreign income taxes:
	Current		163				153				239

	Deferred		66				35				(29		)

	Benefit of net operating loss carryforwards		(13		)		(13		)		(30		)
			216				175				180

	State income taxes:
	Current		50				64				64

	Deferred		9				(16		)		5

			59				48				69

			$	809			$	717			$	973


	Income from continuing operations before income taxes for domestic and foreign operations was as follows:



	In millions		2014				2013				2012
	Domestic		$	1,669			$	1,444			$	2,207

	Foreign		1,030				903				999

			$	2,699			$	2,347			$	3,206


	The reconciliation between the U.S. federal statutory tax rate and the effective tax rate was as follows:



			2014			2013			2012
	U.S. federal statutory tax rate		35	%		35	%		35	%
	State income taxes, net of U.S. federal tax benefit		1.6			1.8			0.9

	Differences between U.S. federal statutory and foreign tax rates		(3.5	)		(3.4	)		(2.2	)
	Nontaxable foreign interest income		(3.6	)		(3.5	)		(2.8	)
	Tax effect of foreign dividends		2.1			2.4			0.7

	Tax relief for U.S. manufacturers		(1.5	)		(1.3	)		(1.1	)
	Other, net		(0.1	)		(0.4	)		(0.2	)
	Effective tax rate		30	%		30.6	%		30.3	%

	Deferred U.S. federal income taxes and foreign withholding taxes have not been provided on the remaining undistributed earnings of certain international subsidiaries as these earnings are considered permanently invested. Undistributed earnings of these subsidiaries were approximately $7.1 billion and $9.0 billion as of December 31, 2014 and 2013, respectively. Upon repatriation of these earnings to the U.S. in the form of dividends or otherwise, the Company may be subject to U.S. income taxes and foreign withholding taxes. The actual U.S. tax cost would depend on income tax laws and circumstances at the time of distribution. Determination of the related tax liability is not practicable because of the complexities associated with the hypothetical calculation.

	On January 1, 2014 the Company adopted new accounting guidance that requires companies to net unrecognized tax benefits against same-jurisdiction net operating losses or tax credit carryforwards that would be used to settle the position with the relevant tax authority. The adoption of this new accounting guidance did not have a significant impact on the consolidated financial statements.

	The components of deferred income tax assets and liabilities at December 31, 2014 and 2013 were as follows:



		2014								2013
In millions		Asset				Liability				Asset				Liability
Goodwill and intangible assets		$	277			$	(758	)		$	312			$	(795	)

Inventory reserves, capitalized tax cost and LIFO inventory		48				(1		)		58				(5		)

Investments		31				(273		)		32				(288		)

Plant and equipment		26				(85		)		25				(106		)

Accrued expenses and reserves		73				—				76				—

Employee benefit accruals		324				—				296				—

Foreign tax credit carryforwards		195				—				112				—

Net operating loss carryforwards		670				—				694				—

Capital loss carryforwards		80				—				91				—

Allowances for uncollectible accounts		11				—				14				—

Pension liabilities		11				—				—				(13		)

Deferred intercompany deductions		14				—				169				—

Unrealized loss (gain) on foreign debt instruments		—				(59		)		—				—

Other		123				(10		)		124				(11		)

Gross deferred income tax assets (liabilities)		1,883				(1,186		)		2,003				(1,218		)

Valuation allowances		(530		)		—				(559		)		—

Total deferred income tax assets (liabilities)		$	1,353			$	(1,186	)		$	1,444			$	(1,218	)


Valuation allowances are established when it is estimated that it is more likely than not that the tax benefit of the deferred tax asset will not be realized. The valuation allowances recorded at December 31, 2014 and 2013 related primarily to certain net operating loss carryforwards and capital loss carryforwards.

At December 31, 2014, the Company had net operating loss carryforwards available to offset future taxable income in the U.S. and certain foreign jurisdictions, which expire as follows:



	Gross Carryforwards Related
In millions	to Net Operating Losses
2015	$	2

2016	4

2017	18

2018	9

2019	12

2020	72

2021	75

2022-2034	87

Do not expire	2,086

	$	2,365


The Company has foreign tax credit carryforwards of $195 million as of December 31, 2014 that are available for use by the Company between 2015 and 2024.

The changes in the amount of unrecognized tax benefits during 2014, 2013 and 2012 were as follows:



In millions		2014				2013				2012
Beginning balance		$	268			$	249			$	437

Additions based on tax positions related to the current year		23				26				32

Additions for tax positions of prior years		12				40				62

Reductions for tax positions of prior years		(59		)		(21		)		(163		)
Settlements		(18		)		(27		)		(125		)
Foreign currency translation		(8		)		1				6

Ending balance		$	218			$	268			$	249


Included in the balance at December 31, 2014 were approximately $218 million of unrecognized tax benefits that, if recognized, would impact the Company’s effective tax rate.

During 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.

During the fourth quarter of 2012, the Company came to an agreement with the Internal Revenue Service on issues related predominately to intercompany transactions and global legal structure reorganization transactions identified by the Internal Revenue Service during its 2008-2009 audit. Based on this agreement, the Company decreased its unrecognized tax benefits related to this matter by approximately $125 million and recorded an unfavorable tax charge of $35 million.

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 $44 million related predominantly to various intercompany transactions. The Company has recorded its best estimate of the potential exposure for these issues. The following table summarizes the open tax years for the Company’s major jurisdictions:



Jurisdiction		Open Tax Years
United States – Federal		2012-2014
United Kingdom		2012-2014
Germany		2009-2014
France		2007-2014
Australia		2010-2014

The Company recognizes interest and penalties related to income tax matters in income tax expense. The accrual for interest and penalties as of December 31, 2014 and 2013 was $30 million and $21 million, respectively.

On February 18, 2014, the Company received a Notice of Deficiency ("NOD") from the IRS asserting that a non-taxable return of capital received from a subsidiary was a taxable dividend distribution. The NOD assesses additional taxes of $70 million for the 2006 tax year, plus interest and penalties. In May 2014, the Company petitioned the United States Tax Court to challenge the NOD. The Company's petition was subsequently denied and the case will proceed to court. Although the outcome of this process cannot be predicted with certainty, the Company believes it will be successful in defending its positions. Accordingly, no reserve has been recorded related to this matter.

Income_Per_Share_from_Continui

Income Per Share from Continuing Operations	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Income Per Share from Continuing Operations	Income Per Share from Continuing Operations is computed by dividing income from continuing operations by the weighted-average number of shares outstanding for the period. Income from continuing operations per diluted share is computed by dividing income from continuing operations by the weighted-average number of shares assuming dilution for stock options and restricted stock units. Dilutive shares reflect the potential additional shares that would be outstanding if the dilutive stock options outstanding were exercised and the unvested restricted stock units vested during the period. The
	computation of income per share from continuing operations was as follows:



	In millions except per share amounts	2014		2013		2012
	Income from continuing operations	$	1,890	$	1,630	$	2,233

	Income per share from continuing operations—Basic:
	Weighted-average common shares	401.7		446.2		469.8

	Income per share from continuing operations—Basic	$	4.7	$	3.65	$	4.75

	Income per share from continuing operations—Diluted:
	Weighted-average common shares	401.7		446.2		469.8

	Effect of dilutive stock options and restricted stock units	2.9		3.1		3.4

	Weighted-average common shares assuming dilution	404.6		449.3		473.2

	Income per share from continuing operations—Diluted	$	4.67	$	3.63	$	4.72


	Options that were considered antidilutive were not included in the computation of diluted income per share from continuing operations. There were no antidilutive options outstanding as of December 31, 2014. The number of antidilutive options outstanding as of December 31, 2013 and 2012 was 0.1 million and 0.1 million, respectively.

Cash_and_Equivalents

Cash and Equivalents	12 Months Ended
Cash and Equivalents	Dec. 31, 2014
Cash and Cash Equivalents [Abstract]
Cash and Equivalents	Cash and Equivalents included interest-bearing instruments of $3.1 billion at December 31, 2014 and $2.0 billion at December 31, 2013. These interest-bearing instruments have maturities of three months or less and are stated at cost, which approximates fair value.

Trade_Receivables

Trade Receivables	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Trade Receivables	Trade Receivables were net of allowances for uncollectible accounts. The changes in the allowances for uncollectible accounts during 2014, 2013 and 2012 were as follows:



	In millions	2014			2013			2012
	Beginning balance	$	(46	)	$	(65	)	$	(65	)
	Provision charged to expense	(7		)	(3		)	(11		)
	Write-offs, net of recoveries	7			14			14

	Acquisitions and divestitures	—			(1		)	—

	Foreign currency translation	3			1			(1		)

	Transfer to assets held for sale	—			8			—

	Other	—			—			(2		)

	Ending balance	$	(43	)	$	(46	)	$	(65	)

Inventories

Inventories	12 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Inventories	Inventories at December 31, 2014 and 2013 were as follows:



	In millions	2014			2013
	Raw material	$	458		$	482

	Work-in-process	133			150

	Finished goods	677			700

	LIFO reserve	(88		)	(85		)
		$	1,180		$	1,247


	Inventories are stated at the lower of cost or market and include material, labor and factory overhead. The last-in, first-out ("LIFO") method is used to determine the cost of the inventories at certain U.S. businesses. The first-in, first-out ("FIFO") method, which approximates current cost, is used for all other inventories. Inventories priced at LIFO were approximately 22% and 20% of total inventories as of December 31, 2014 and 2013, respectively. If the FIFO method was used for all inventories, total inventories would have been approximately $88 million and $85 million higher than reported at December 31, 2014 and 2013, respectively.

Prepaid_Expenses_and_Other_Cur

Prepaid Expenses and Other Current Assets	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Current Assets	Prepaid Expenses and Other Current Assets as of December 31, 2014 and 2013 were as follows:



	In millions	2014		2013
	Income tax refunds receivable	$	129	$	120

	Value-added-tax receivables	50		68

	Vendor advances	30		30

	Other	192		148

		$	401	$	366

Plant_and_Equipment

Plant and Equipment	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Net Plant and Equipment	Net Plant and Equipment are stated at cost, less accumulated depreciation. Renewals and improvements that increase the useful life of plant and equipment are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation of plant and equipment for financial reporting purposes is primarily computed on an accelerated basis for U.S. businesses and on a straight-line basis for a majority of the international businesses.

	Depreciation was $262 million in 2014, $270 million in 2013 and $277 million in 2012, and was reflected primarily in cost of revenues. There was no depreciation included in Income from discontinued operations in 2014. Depreciation included in Income from discontinued operations was $29 million in 2013 and $46 million in 2012.

	Net plant and equipment consisted of the following at December 31, 2014 and 2013:



	In millions		2014			2013
	Land		$	177		$	189

	Buildings and improvements		1,200			1,235

	Machinery and equipment		3,034			3,145

	Equipment leased to others		158			160

	Construction in progress		230			143

	Gross plant and equipment		4,799			4,872

	Accumulated depreciation		(3,113		)	(3,163		)
	Net plant and equipment		$	1,686		$	1,709


	The ranges of useful lives used to depreciate plant and equipment are as follows:



	Buildings and improvements	5—50 years
	Machinery and equipment	3—12 years
	Equipment leased to others	Term of lease

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2014
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 impairment assessment of goodwill and intangible assets with indefinite lives annually, or more frequently if triggering events occur, 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 Level 2 and Level 3 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 and market multiples 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 Level 3 valuation method using 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.

	Amortization and impairment of goodwill and other intangible assets for the years ended December 31, 2014, 2013 and 2012 were as follows:



	In millions		2014				2013				2012
	Goodwill:
	Impairment		$	—			$	—			$	1

	Intangible Assets:
	Amortization		242				250				252

	Impairment		3				2				1

			$	245			$	252			$	254


	Income from discontinued operations included intangible asset amortization of $20 million in 2013 and $36 million in 2012.

	The Company performed its annual impairment assessment of goodwill and indefinite-lived intangible assets in the third quarter of 2014, 2013 and 2012. In the third quarter of 2014, these assessments resulted in no goodwill impairment charges and indefinite-lived intangible asset charges of $3 million related to certain brands in the Polymers & Fluids and Test & Measurement and Electronics segments. In 2013, these assessments resulted in no goodwill impairment charges and an indefinite-lived intangible asset impairment charge of $2 million related to a brand in the Test & Measurement and Electronics segment. In 2012, these assessments resulted in a goodwill impairment charge of $1 million in the Test & Measurement and Electronics segment and an indefinite-lived intangible asset impairment charge of $1 million related to a brand 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 earnings for the years ended December 31, 2014, 2013, and 2012 is as follows:



			2014												2013												2012
	In millions		Book Value				Fair Value				Total Impairment Charges				Book Value				Fair Value				Total Impairment Charges				Book Value				Fair Value				Total Impairment Charges
	Goodwill		$	—			$	—			$	—			$	—			$	—			$	—			$	146			$	145			$	1

	Indefinite-lived intangible assets		11				8				3				42				40				2				5				4				1


	The changes in the carrying amount of goodwill for the years ended December 31, 2014 and 2013 were as follows:



	In millions	Automotive OEM				Test & Measurement and Electronics				Food Equipment				Polymers & Fluids				Welding				Construction Products				Specialty Products				Industrial Packaging				Total
	Balance, December 31, 2012	$	318			$	1,431			$	203			$	1,043			$	288			$	603			$	909			$	735			$	5,530

	2013 activity:
	Acquisitions & divestitures	—				2				86				9				10				(2		)		139				—				244

	Impairment charges	—				—				—				—				—				—				(42		)		—				(42		)

	Foreign currency translation	2				—				5				(18		)		(4		)		(20		)		5				(2		)		(32		)

	Transfer to assets held for sale	—				(7		)		—				(13		)		—				(20		)		(41		)		(733		)		(814		)

	Balance, December 31, 2013	320				1,426				294				1,021				294				561				970				—				4,886

	2014 activity:
	Acquisitions & divestitures	(3		)		—				—				3				—				8				—				—				8

	Impairment charges	—				—				—				—				—				—				—				—				—

	Foreign currency translation	(23		)		(36		)		(18		)		(60		)		(17		)		(27		)		(46		)		—				(227		)

	Balance, December 31, 2014	$	294			$	1,390			$	276			$	964			$	277			$	542			$	924			$	—			$	4,667

Cumulative goodwill impairment charges, December 31, 2014	$	24			$	83			$	60			$	15			$	5			$	7			$	46			$	—			$	240


Income from discontinued operations included a goodwill impairment of $42 million in 2013.

Intangible assets as of December 31, 2014 and 2013 were as follows:



		2014												2013
In millions		Cost				Accumulated				Net				Cost				Accumulated				Net
						Amortization												Amortization
Amortizable intangible assets:
Customer lists and relationships		$	1,638			$	(820	)		$	818			$	1,631			$	(691	)		$	940

Trademarks and brands		707				(249		)		458				689				(207		)		482

Patents and proprietary technology		622				(354		)		268				588				(311		)		277

Noncompete agreements		155				(137		)		18				155				(125		)		30

Software		204				(192		)		12				202				(188		)		14

Other		112				(101		)		11				113				(98		)		15

Total amortizable intangible assets		3,438				(1,853		)		1,585				3,378				(1,620		)		1,758

Indefinite-lived intangible assets:
Trademarks and brands		214				—				214				241				—				241

Total intangible assets		$	3,652			$	(1,853	)		$	1,799			$	3,619			$	(1,620	)		$	1,999


Amortizable intangible assets are being amortized on a straight-line basis over their estimated useful lives of 3 to 20 years.

The estimated amortization expense of intangible assets for the future years ending December 31 is as follows:



In millions
2015	$	229

2016	216

2017	195

2018	175

2019	152

Other_Assets

Other Assets	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Other Assets as of December 31, 2014 and 2013 consisted of the following:



	In millions	2014		2013
	Cash surrender value of life insurance policies	$	418	$	400

	Prepaid pension assets	165		134

	Equity investment in Wilsonart	141		164

	Investments	110		130

	Customer tooling	96		110

	Other	219		259

		$	1,149	$	1,197

Accrued_Expenses

Accrued Expenses	12 Months Ended
	Dec. 31, 2014
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses as of December 31, 2014 and 2013 consisted of accruals for:



	In millions	2014			2013
	Compensation and employee benefits	$	441		$	462

	Deferred revenue and customer deposits	194			207

	Rebates	128			127

	Warranties	49			50

	Current portion of pension and other postretirement benefit obligations	14			21

	Other	461			405

		$	1,287		$	1,272


	The Company accrues for product warranties based on historical experience. The changes in accrued warranties during 2014, 2013 and 2012 were as follows:



	In millions	2014			2013			2012
	Beginning balance	$	50		$	51		$	55

	Charges	(41		)	(44		)	(44		)
	Provision charged to expense	43			43			44

	Acquisitions and divestitures	—			2			(4		)

	Foreign currency translation	(3		)	1			—

	Transfer to liabilities held for sale	—			(3		)	—

	Ending balance	$	49		$	50		$	51

Debt

Debt	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Debt Disclosure	Debt

	Short-term debt represents obligations with a maturity date of one year or less and is stated at cost which approximates fair value. Short-term debt also includes current maturities of long-term debt. Short-term debt as of December 31, 2014 and 2013 consisted of the following:


	In millions		2014				2013
	Commercial paper		$	1,413			$	1,652

	Bank overdrafts		62				65

	Current maturities of long-term debt		1				1,834

			$	1,476			$	3,551


	The Company may issue commercial paper to fund general corporate needs and to fund share repurchases and small and medium-sized acquisitions. The Company has committed lines of credit of $2.5 billion in the U.S. to support the potential issuances of commercial paper. Of this amount, $1.0 billion is provided under a line of credit agreement with a termination date of August 15, 2018 and $1.5 billion is provided under a line of credit agreement with a termination date of June 8, 2017. No amounts were outstanding under these two facilities at December 31, 2014. The weighted-average interest rate on commercial paper was 0.1% at December 31, 2014 and 0.2% at December 31, 2013.

	In May 2014, the Company amended its financial covenants within the line of credit agreements. The previous financial covenant, limiting total debt to total capitalization, was replaced with a minimum interest coverage ratio. As of December 31, 2014, the Company was in compliance with this covenant.

	As of December 31, 2014, the Company had unused capacity of approximately $330 million under international debt facilities.

	Current maturities of long-term debt as of December 31, 2014 included $1.0 million of 4.88% notes payable in 2015. Current maturities of long-term debt as of December 31, 2013 included the $1.0 billion of 5.25% Euro notes due October 1, 2014 and $800 million of 5.15% redeemable notes due April 1, 2014.

	Long-term debt represents obligations with a maturity date greater than one year, and excludes current maturities that have been reclassified to short-term debt. Long-term debt at carrying value and fair value as of December 31, 2014 and 2013 consisted of the following:


					2014						2013
	In millions		Effective Interest Rate		Carrying Value				Fair Value		Carrying Value			Fair Value
	5.15% notes due April 1, 2014		5.20%		$	—			$	—	$	800		$	809

	5.25% Euro notes due October 1, 2014		5.30%		—				—		1,031			1,067

	0.90% notes due February 25, 2017		0.90%		649				648		—			—

	1.95% notes due March 1, 2019		2.00%		649				651		—			—

	6.25% notes due April 1, 2019		6.30%		700				817		700			834

	4.88% notes due thru December 31, 2020		5.00%		5				6		7			8

	3.375% notes due September 15, 2021		3.40%		349				369		349			350

	1.75% Euro notes due May 20, 2022		1.90%		600				640		—			—

	3.50% notes due March 1, 2024		3.50%		698				735		—			—

	3.0% Euro notes due May 19, 2034		3.10%		594				702		—			—

	4.875% notes due September 15, 2041		4.90%		641				746		641			649

	3.9% notes due September 1, 2042		4.00%		1,090				1,110		1,090			944

	Other borrowings				7				7		9			9

					$	5,982			$	6,431	$	4,627		$	4,670

	Current maturities				(1		)				(1,834		)

					$	5,981					$	2,793


	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 as of December 31, 2014 and 2013.

	All of the Company's notes, listed above, represent senior unsecured obligations, ranking equal in right of payment.

In 2005, the Company issued $54 million of 4.88% notes due through December 31, 2020 at 100% of face value.

In 2007, the Company, through a wholly-owned European subsidiary, issued €750 million of 5.25% Euro notes due October 1, 2014 at 99.874% of face value. The €750 million of 5.25% Euro notes due October 1, 2014 were repaid on the due date.

In 2009, the Company issued $800 million of 5.15% redeemable notes due April 1, 2014 at 99.92% of face value and $700 million of 6.25% redeemable notes due April 1, 2019 at 99.98% of face value. The $800 million of 5.15% redeemable notes due April 1, 2014 were repaid on the due date.

In 2011, the Company issued $350 million of 3.375% notes due September 15, 2021 at 99.552% of face value and $650 million of 4.875% notes due September 15, 2041 at 98.539% of face value.

In 2012, the Company issued $1.1 billion of 3.9% notes due September 1, 2042 at 99.038% of face value.

In February 2014, the Company issued $650 million of 0.9% notes due February 25, 2017 at 99.861% of face value, $650 million of 1.95% notes due March 1, 2019 at 99.871% of face value, and $700 million of 3.5% notes due March 1, 2024 at 99.648% of face value. Net proceeds from the February 2014 debt issuance were used to repay commercial paper.

In May 2014, the Company issued €500 million of 1.75% Euro notes due May 20, 2022 at 99.16% of face value and €500 million of 3.0% Euro notes due May 19, 2034 at 98.089% of face value. Net proceeds from the May 2014 debt issuances were used for general corporate purposes. The Company designated the €1.0 billion of Euro notes as a hedge of a portion of its net investment in Euro-denominated foreign operations to reduce foreign currency risk associated with the investment in these operations. Changes in the value of this debt resulting from fluctuations in the Euro to U.S. Dollar exchange rate have been recorded as foreign currency translation adjustments within Accumulated other comprehensive income. The unrealized gain recorded in Accumulated other comprehensive income related to the net investment hedge was $158 million for the year ended December 31, 2014.

Scheduled maturities of long-term debt, including current maturities of long-term debt, for the future years ending December 31 are as follows:


In millions
2015	$	1

2016	1

2017	650

2018	—

2019	1,349

2020 and future years	3,981

	$	5,982

Pension_and_Other_Postretireme

Pension and Other Postretirement Benefits	12 Months Ended
	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits	Pension and Other Postretirement Benefits—The Company has both funded and unfunded defined benefit pension and other postretirement benefit plans, predominately in the U.S.

	The U.S. primary pension plan provides benefits based on years of service and final average salary. The U.S. primary postretirement health care plan is contributory with the participants’ contributions adjusted annually. The U.S. primary postretirement life insurance plan is noncontributory.

	Beginning January 1, 2007, the U.S. primary pension and other postretirement benefit plans were closed to new participants. Newly hired employees and employees from acquired businesses that are not participating in these plans are eligible for additional Company contributions under the existing U.S. primary defined contribution retirement plans. The Company’s expense related to defined contribution plans was $78 million in 2014, $72 million in 2013 and $78 million in 2012.

	In addition to the U.S. plans, the Company also has defined benefit pension plans in certain other countries, mainly the United Kingdom, Switzerland, Canada and Germany.

	Summarized information regarding the Company’s significant defined benefit pension and other postretirement benefit plans related to both continuing and discontinued operations is as follows:



			Pension												Other Postretirement Benefits
	In millions		2014				2013				2012				2014				2013			2012
	Components of net periodic benefit cost:
	Service cost		$	80			$	87			$	100			$	10			$	12		$	13

	Interest cost		103				100				107				24				24			27

	Expected return on plan assets		(159		)		(157		)		(157		)		(25		)		(22		)	(20		)
	Amortization of actuarial (gain) loss		48				65				57				(4		)		1			1

	Amortization of prior service cost		1				—				1				1				1			3

	Settlement/curtailment (gain) loss		1				49				14				(9		)		—			—

			$	74			$	144			$	122			$	(3	)		$	16		$	24


	Net periodic benefit cost was included in the statement of income as follows:



			Pension												Other Postretirement Benefits
	In millions		2014				2013				2012				2014				2013			2012
	Income from continuing operations		$	69			$	131			$	112			$	6			$	14		$	22

	Income from discontinued operations		5				13				10				(9		)		2			2

			$	74			$	144			$	122			$	(3	)		$	16		$	24


	The pension settlement charges in 2013 included $45 million tied primarily to higher lump sum pension payments resulting from the exit of Decorative Surfaces employees from the Company's U.S. primary pension plan. These 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 $9 million curtailment gain on the U.S. primary postretirement plan in the second
	quarter of 2014 and a $2 million curtailment charge on the U.S. primary pension plan in the third quarter of 2013 related to the
	Company's sale of the Industrial Packaging business and the reclassification of the Industrial Packaging business to
	discontinued operations. These curtailment charges were included in Income from discontinued operations.

	During 2014, the Society of Actuaries released a new mortality table, referred to as RP-2014, which is believed to better reflect mortality improvements. The Company used the RP-2014 mortality table to measure its U.S. pension and other postretirement obligations as of December 31, 2014 which resulted in additional actuarial losses of $76 million for pension and $46 million for other postretirement benefits.

	The following tables provide a rollforward of the plan benefit obligations, plan assets and a reconciliation of funded status for the years ended December 31, 2014 and 2013 for continuing and discontinued operations:



			Pension								Other Postretirement Benefits
	In millions		2014				2013				2014				2013
	Change in benefit obligation:
	Benefit obligation at January 1		$	2,545			$	2,655			$	519			$	589

	Service cost		80				87				10				12

	Interest cost		103				100				24				24

Plan participants’ contributions		3				5				13				15

Amendments		(5		)		—				—				—

Actuarial (gain) loss		240				(68		)		97				(77		)

Acquisitions/divestitures		(97		)		(12		)		(18		)		—

Benefits paid		(192		)		(247		)		(46		)		(47		)
Medicare subsidy received		—				—				2				3

Liabilities from (to) other immaterial plans		—				10				—				—

Settlement/curtailment (gain) loss		(2		)		(1		)		(10		)		—

Foreign currency translation		(68		)		16				—				—

Benefit obligation at December 31		$	2,607			$	2,545			$	591			$	519




		Pension								Other Postretirement Benefits
In millions		2014				2013				2014				2013
Change in plan assets:
Fair value of plan assets at January 1		$	2,487			$	2,288			$	370			$	328

Actual return on plan assets		264				294				28				66

Company contributions		127				136				7				8

Plan participants’ contributions		3				5				13				15

Acquisitions/divestitures		(65		)		(16		)		—				—

Benefits paid		(192		)		(247		)		(46		)		(47		)
Assets from immaterial plans		—				12				—				—

Foreign currency translation		(67		)		15				—				—

Fair value of plan assets at December 31		$	2,557			$	2,487			$	372			$	370

Funded status		$	(50	)		$	(58	)		$	(219	)		$	(149	)
Other immaterial plans		(52		)		(61		)		(5		)		(6		)
Net liability at December 31		$	(102	)		$	(119	)		$	(224	)		$	(155	)
The amounts recognized in the statement of financial position as of December 31 consist of:
Other assets		$	165			$	134			$	—			$	—

Accrued expenses		(10		)		(16		)		(4		)		(5		)
Liabilities held for sale		—				(24		)		—				(23		)

Other noncurrent liabilities		(257		)		(213		)		(220		)		(127		)
Net liability at end of year		$	(102	)		$	(119	)		$	(224	)		$	(155	)
The pre-tax amounts recognized in accumulated other comprehensive income consist of:
Net actuarial loss		$	638			$	568			$	(6	)		$	(112	)

Prior service cost		1				6				(1		)		—

		$	639			$	574			$	(7	)		$	(112	)

Accumulated benefit obligation		$	2,361			$	2,273

Plans with accumulated benefit obligation in excess of plan assets as of December 31:
Projected benefit obligation		$	168			$	263

Accumulated benefit obligation		$	154			$	249

Fair value of plan assets		$	26			$	91


Assumptions

The weighted-average assumptions used in the valuations of pension and other postretirement benefits were as follows:



	Pension									Other Postretirement Benefits
	2014			2013			2012			2014			2013			2012
Assumptions used to determine benefit obligations at December 31:
Discount rate	3.7	%		4.32	%		3.85	%		4.15	%		4.95	%		4.15	%
Rate of compensation increases	3.72	%		3.72	%		3.86	%		—	%		—	%		—	%
Assumptions used to determine net periodic benefit cost for years ended December 31:
Discount rate	4.32	%		3.85	%		4.64	%		4.95	%		4.15	%		4.95	%
Expected return on plan assets	7.02	%		7.28	%		7.23	%		7	%		7	%		7	%
Rate of compensation increases	3.72	%		3.86	%		3.86	%		—	%		—	%		—	%

The expected long-term rates of return for pension and other postretirement benefit plans were developed using historical asset class returns while factoring in current market conditions such as inflation, interest rates and asset class performance.
Assumed health care cost trend rates have an effect on the amounts reported for the postretirement health care benefit plans. The assumed health care cost trend rates used to determine the postretirement benefit obligation at December 31 were as follows:



	2014			2013			2012
Health care cost trend rate assumed for the next year	8	%		8	%		7.35	%
Ultimate trend rate	4.5	%		5	%		5	%
Year the rate reaches the ultimate trend rate	2022			2020			2019


A one percentage-point change in assumed health care cost trend rates would have the following impact:



In millions		1 Percentage-Point Increase				1 Percentage-Point Decrease
Change in service cost and interest cost for 2014		$	1			$	(1	)

Change in postretirement benefit obligation at December 31, 2014		$	13			$	(15	)


Plan Assets

The Company’s overall investment strategy for the assets in the pension funds is to achieve a balance between the goals of growing plan assets and keeping risk at a reasonable level over a long-term investment horizon. In order to reduce unnecessary risk, the pension funds are diversified across several asset classes, securities and investment managers. The target allocations for plan assets are 30% to 50% equity securities, 45% to 60% fixed income securities and 0% to 10% in other types of investments. The Company does not use derivatives for the purpose of speculation, leverage, circumventing investment guidelines or taking risks that are inconsistent with specified guidelines.

The assets in the Company’s postretirement health care plan are primarily invested in life insurance policies. The Company’s overall investment strategy for the assets in the postretirement health care fund is to invest in assets that provide a reasonable tax exempt rate of return while preserving capital.

The following tables present the fair value of the Company’s pension and other postretirement benefit plan assets at December 31, 2014 and 2013, by asset category and valuation methodology. Level 1 assets are valued using unadjusted quoted prices for identical assets in active markets. Level 2 assets are valued using quoted prices or other observable inputs for similar assets. Level 3 assets are valued using unobservable inputs, but reflect the assumptions market participants would be expected to use in pricing the assets. Each financial instrument’s categorization is based on the lowest level of input that is significant to the fair value measurement.



		2014
In millions		Level 1				Level 2				Level 3				Total
Pension Plan Assets:
Cash and equivalents		$	164			$	—			$	—			$	164

Equity securities:
Domestic		1				—				—				1

Foreign		72				—				—				72

Fixed income securities:
Government securities		—				286				—				286

Corporate debt securities		—				378				—				378

Mortgage-backed securities		—				8				—				8

Investment contracts with insurance companies		—				—				1				1

Commingled funds:
Mutual funds		317				—				—				317

Collective trust funds		—				1,252				—				1,252

Partnerships/private equity interests		—				—				77				77

Other		—				—				1				1

		$	554			$	1,924			$	79			$	2,557

Other Postretirement Benefit Plan Assets:
Cash and equivalents		$	11			$	—			$	—			$	11

Life insurance policies		—				—				361				361

		$	11			$	—			$	361			$	372




		2013
In millions		Level 1				Level 2				Level 3				Total
Pension Plan Assets:
Cash and equivalents		$	27			$	—			$	—			$	27

Equity securities:
Domestic		—				—				—				—

Foreign		77				—				—				77

Fixed income securities:
Government securities		—				314				—				314

Corporate debt securities		—				316				—				316

Mortgage-backed securities		—				10				—				10

Investment contracts with insurance companies		—				—				67				67

Commingled funds:
Mutual funds		459				—				—				459

Collective trust funds		—				1,135				—				1,135

Partnerships/private equity interests		—				—				81				81

Other		—				1				—				1

		$	563			$	1,776			$	148			$	2,487

Other Postretirement Benefit Plan Assets:
Cash and equivalents		$	9			$	—			$	—			$	9

Life insurance policies		—				—				361				361

		$	9			$	—			$	361			$	370


Cash and equivalents include cash on hand and investments with maturities of three months or less and are valued at cost, which approximates fair value. Equity securities primarily include common and preferred equity securities covering a wide range of industries and geographies that are traded in active markets and are valued based on quoted prices. Fixed income securities primarily consist of U.S. and foreign government bills, notes and bonds, corporate debt securities, asset-backed securities and investment contracts. The majority of the assets in this category are valued by evaluating bid prices provided by independent financial data services. For securities where market data is not readily available, unobservable market data is used to value the security. Commingled funds include investments in public and private pooled funds. Mutual funds are traded in active markets and are valued based on quoted prices. The underlying investments include small-cap equity, international equity and long- and short-term fixed income instruments. Collective trust funds are private funds that are valued at the net asset value, which is determined based on the fair value of the underlying investments. The underlying investments include both passively and actively managed U.S. and foreign large- and mid-cap equity funds and short-term investment funds. Partnerships/private equity interests are investments in partnerships where the benefit plan is a limited partner. The investments are valued by the investment managers on a periodic basis using pricing models that use market, income and cost valuation methods. Life insurance policies are used to fund other postretirement benefits in order to obtain favorable tax treatment and are valued based on the cash surrender value of the underlying policies.

The following table presents a reconciliation of Level 3 assets measured at fair value for pension and other postretirement benefit plans during the years ended December 31, 2014 and 2013:



In millions		Investment				Partnerships/				Life				Other				Total
		Contracts with				Private Equity				Insurance
		Insurance				Interests				Policies
		Companies
31-Dec-12		$	75			$	84			$	294			$	—			$	453

2013 Activity:
Realized gains (losses)		—				7				—				—				7

Unrealized gains (losses)		5				(1		)		67				—				71

Purchases and sales		(13		)		(9		)		—				—				(22		)

31-Dec-13		67				81				361				—				509

2014 Activity:
Realized gains (losses)		—				—				2				—				2

Unrealized gains (losses)		—				2				26				—				28

Purchases and sales		—				(6		)		(28		)		1				(33		)

Acquistions/divestitures		(66		)		—				—				—				(66		)

31-Dec-14		$	1			$	77			$	361			$	1			$	440


Cash Flows

The Company generally funds its pension and other postretirement benefit plans as required by law or to the extent such contributions are tax deductible. The Company expects to contribute approximately $100 million to its pension plans and $5 million to its other postretirement benefit plans in 2015.

The Company’s portion of the benefit payments that are expected to be paid during the years ending December 31 is as follows:



In millions		Pension				Other Postretirement Benefits
2015		$	206			$	37

2016		172				37

2017		179				38

2018		179				39

2019		180				40

Years 2020-2024		895				206

Other_Noncurrent_Liabilities

Other Noncurrent Liabilities	12 Months Ended
	Dec. 31, 2014
Other Liabilities Disclosure [Abstract]
Other Noncurrent Liabilities	Other Noncurrent Liabilities at December 31, 2014 and 2013 consisted of the following:



	In millions	2014		2013
	Pension benefit obligation	$	257	$	213

	Postretirement benefit obligation	220		127

	Other	525		583

		$	1,002	$	923

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies—The Company is subject to various legal proceedings and claims that arise in the ordinary course of business, including those involving environmental, product liability (including toxic tort) and general liability claims. The Company accrues for such liabilities when it is probable that future costs will be incurred and such costs can be reasonably estimated. Such accruals are based on developments to date, the Company’s estimates of the outcomes of these matters and its experience in contesting, litigating and settling other similar matters. The Company believes resolution of these matters, individually and in the aggregate, will not have a material adverse effect on the Company’s financial position, liquidity or future operations.

	Among the toxic tort cases in which the Company is a defendant, the Company and its subsidiaries Hobart Brothers Company and Miller Electric Mfg. Co. have been named, along with numerous other defendants, in lawsuits alleging injury from exposure to welding consumables. The plaintiffs in these suits claim unspecified damages for injuries resulting from alleged exposure to asbestos, manganese and/or toxic fumes in connection with the welding process. In the first quarter of 2012, the Company entered into an agreement resolving substantially all of the manganese-related claims for an immaterial amount. As of December 31, 2014, all of the manganese-related cases against the Company, Hobart Brothers and Miller Electric have been dismissed. The Company believes that the remaining asbestos and toxic fumes claims will not have a material adverse effect on the Company’s operating results, financial position or cash flows. The Company has not recorded any significant reserves related to these cases.

Stockholders_Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Stockholders' Equity	Preferred Stock, without par value, of which 0.3 million shares are authorized and unissued, is issuable in series. The Board of Directors is authorized to fix by resolution the designation and characteristics of each series of preferred stock. The Company has no present commitment to issue its preferred stock.

	Common Stock, with a par value of $0.01, Additional Paid-In-Capital and Common Stock Held in Treasury transactions during 2014, 2013, and 2012 are shown below.



			Common Stock							Additional				Common Stock Held in Treasury
										Paid-In-
										Capital
	In millions		Shares			Amount				Amount				Shares			Amount
	Balance, December 31, 2011		542.5			$	5			$	686			(58.9	)		$	(2,692	)

	During 2012-
	Shares issued for stock options		6.3			—				285				—			—

	Shares withheld for taxes		—			—				1				(0.3	)		(19		)

	Shares issued for stock compensation and vesting of restricted stock		0.8			—				(10		)		0.2			9

	Stock compensation expense		—			—				54				—			—

	Noncontrolling interest		—			—				(22		)		—			—

	Tax benefits related to stock options		—			—				14				—			—

	Tax benefits related to defined contribution plans		—			—				4				—			—

	Repurchases of common stock		—			—				—				(35.5	)		(2,020		)

	Balance, December 31, 2012		549.6			5				1,012				(94.8	)		(4,722		)

	During 2013-
	Shares issued for stock options		0.4			1				9				4			198

	Shares withheld for taxes		—			—				—				(0.2	)		(11		)

	Shares issued for stock compensation and vesting of restricted stock		—			—				(28		)		0.6			28

	Stock compensation expense		—			—				36				—			1

	Noncontrolling interest		—			—				(8		)		—			—

	Tax benefits related to stock options		—			—				23				—			—

	Tax benefits related to defined contribution plans		—			—				2				—			—

	Repurchases of common stock		—			—				—				(29.7	)		(2,170		)

	Balance, December 31, 2013		550			6				1,046				(120.1	)		(6,676		)

	During 2014-
	Shares issued for stock options		—			—				—				3			148

	Shares withheld for taxes		—			—				—				(0.1	)		(14		)

	Shares issued for stock compensation and vesting of restricted stock		—			—				(26		)		0.5			26

	Stock compensation expense		—			—				39				—			—

	Tax benefits related to stock options		—			—				33				—			—

	Tax benefits related to defined contribution plans		—			—				4				—			1

	Repurchases of common stock		—			—				—				(50.4	)		(4,283		)

Balance, December 31, 2014		550			$	6			$	1,096			(167.1	)		$	(10,798	)

Authorized, December 31, 2014		700


On May 6, 2011, the Company’s Board of Directors authorized a stock repurchase program, which provided for the buyback of up to $4.0 billion of the Company’s common stock over an open-ended period of time (the "2011 Program"). Under the 2011 Program, the Company repurchased approximately 1.8 million shares of its common stock at an average price of $43.20 per share during 2011, approximately 35.5 million shares of its common stock at an average price of $56.93 per share during 2012 and approximately 26.4 million shares of its common stock at an average price of $71.89 per share during 2013. As of December 31, 2013, there were no authorized repurchases remaining under the 2011 Program.

On August 2, 2013, the Company’s Board of Directors authorized a new stock repurchase program, which provides for the buyback of up to an additional $6.0 billion of the Company’s common stock over an open-ended period of time (the "2013 Program"). Under the 2013 Program, the Company repurchased approximately 3.3 million shares of its common stock at an average price of $81.62 per share during 2013 and approximately 50.4 million shares of its common stock at an average price of $84.92 per share during 2014. As of December 31, 2014, there was approximately $1.4 billion of authorized repurchases remaining under the 2013 Program.

Cash Dividends declared were $1.81 per share in 2014, $1.60 per share in 2013 and $1.48 per share in 2012. Cash dividends paid were $1.745 per share in 2014, $1.18 per share in 2013 and $1.84 per share in 2012. The 2012 cash dividends included an accelerated dividend payment of $0.38 per share in December 2012, which was originally scheduled to be paid in January 2013.

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.

In March 2013, new accounting guidance was issued which clarifies that an entity should release cumulative translation adjustments into net income when the entity ceases to have a controlling financial interest in a subsidiary or group of assets that is a business within a foreign entity, which is consistent with the Company's prior accounting policy. The new guidance became effective for the Company on January 1, 2014 and did not have any impact on the Company's financial statements.

The changes in accumulated other comprehensive income during 2014, 2013 and 2012 were as follows:



In millions		2014				2013				2012
Beginning balance		$	384			$	293			$	224


Foreign currency translation adjustments during the period		(806		)		(200		)		146

Foreign currency translation adjustments reclassified to income		(133		)		7				(52		)

Total foreign currency translation adjustments		(939		)		(193		)		94


Pension and other postretirement benefit adjustments during the period		(224		)		327				(159		)

Pension and other postretirement benefit adjustments reclassified to income		54				122				121

Income taxes		67				(165		)		13

Total pension and other postretirement benefit adjustments		(103		)		284				(25		)


Ending balance		$	(658	)		$	384			$	293


Foreign currency translation adjustments reclassified to income are primarily related to the disposal of certain discontinued operations and were included in the related gain or loss upon disposal. Refer to the Discontinued Operations note for additional information regarding the sale of the Company's discontinued operations.

Pension and other postretirement benefit adjustments reclassified to income represent the amortization of actuarial losses and prior service cost, and settlement and curtailment 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 include the reclass of deferred losses of $6 million, $6 million, and $11 million for the years ended December 31, 2014, 2013 and 2012, respectively, related to the disposal of certain discontinued operations. Refer to the Discontinued Operations note for additional information regarding the sale of the Company's discontinued operations.

As of December 31, 2014 and 2013, the ending balance of accumulated other comprehensive income consisted of cumulative translation adjustment expense of $265 million and income of $674 million, respectively, and unrecognized pension and other postretirement benefits costs of $393 million and $290 million, respectively. The estimated unrecognized benefit cost that will be amortized from accumulated other comprehensive income into net periodic benefit cost in 2015 is $62 million for pension and other postretirement benefits.

StockBased_Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation—Stock options and restricted stock units have been issued to officers and other management employees under ITW’s 2011 Long-Term Incentive Plan (the "Plan"). The stock options generally vest over a four-year period and have a maturity of ten years from the issuance date. Restricted stock units generally vest after a three-year period and include units with and without performance criteria. To cover the exercise of vested options and vesting of restricted stock units in 2012, the Company generally issued new shares from its authorized but unissued share pool. Commencing in February 2013, the Company issued shares from treasury stock. At December 31, 2014, approximately 34 million shares of ITW common stock were reserved for issuance under the Plan. The Company records compensation expense for the grant date fair value of stock awards over the remaining service periods of those awards.

	The following table summarizes the Company’s stock-based compensation expense:



	In millions	2014				2013				2012
	Pre-tax compensation expense	$	34			$	30			$	50

	Tax benefit	(12		)		(10		)		(18		)
	Total stock-based compensation expense, net of tax	$	22			$	20			$	32


	Pre-tax stock-based compensation expense included in income from discontinued operations was $5 million in 2014, $6 million in 2013 and $4 million in 2012.

	The following table summarizes activity related to non-vested restricted stock units during 2014:



	Shares in millions	Number of			Weighted-Average
		Shares			Grant-Date Fair Value
	Unvested, January 1, 2014	1.4			$54.02

	Granted	0.3			73.61

	Vested	(0.6	)		52.15
	Canceled	(0.1	)		57.5
	Unvested, December 31, 2014	1			60.68


	The following table summarizes stock option activity under the Plan for the year ended December 31, 2014:



	In millions except exercise price and contractual terms	Number of Shares			Weighted-Average		Weighted-Average		Aggregate Intrinsic
					Exercise Price		Remaining		Value
							Contractual Term
	Under option, January 1, 2014	9.4			$51.95

	Granted	0.8			78.71

	Exercised	(3.0	)		49.02
	Canceled or expired	(0.1	)		60.55
	Under option, December 31, 2014	7.1			56.25		5.9 years		$272

	Exercisable, December 31, 2014	4.7			51.02		4.9 years		$207


	The Company's annual equity awards consist 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 fair value of RSUs and PRSUs is determined by reducing the closing market price on the date of the grant by the present value of projected dividends over the vesting period. Option exercise prices are equal to the common stock fair market value on the date of grant. The Company uses a binomial option pricing model to estimate the fair value of the stock options granted. The following summarizes the assumptions used in the models:



		2014		2013		2012
	Risk-free interest rate	0.16-2.83%		0.2-2.9%		0.2-2.1%
	Weighted-average volatility	22.90%		21.10%		25.00%
	Dividend yield	2.46%		2.72%		2.61%
	Expected years until exercise	6.7-7.9		6.6-7.6		7.6-7.8

	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 result from separate groups of employees assumed to exhibit different behavior.

	The weighted-average grant-date fair value of options granted during 2014, 2013 and 2012 was $15.14, $10.06 and $11.48 per share, respectively. The aggregate intrinsic value of options exercised during the years ended December 31, 2014, 2013 and 2012 was $115 million, $108 million and $84 million, respectively. As of December 31, 2014, there was $13 million of total unrecognized compensation cost related to unvested stock options. That cost is expected to be recognized over a weighted-average period of 2.4 years. Exercise of options during the years ended December 31, 2014, 2013 and 2012 resulted in cash receipts of $148 million, $206 million and $285 million, respectively. The total fair value of vested stock option awards during the years ended December 31, 2014, 2013 and 2012 was $16 million, $16 million and $48 million, respectively.

	As of December 31, 2014, there was $16 million of total unrecognized compensation cost related to unvested restricted stock units. That cost is expected to be recognized over a weighted-average remaining contractual life of 1.7 years. The total fair value of vested restricted stock unit awards during the years ended December 31, 2014, 2013 and 2012 was $27 million, $23 million and $31 million, respectively.

Segment_Information

Segment Information	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Segment Information	Segment Information—The Company's operations are organized and managed based on similar product offerings and similar end markets, and are reported to senior management as the following seven segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products.

	As discussed in the Divestiture of Majority Interest in Former Decorative Surfaces Segment note, the Company ceased consolidating the results of the Decorative Surfaces segment as of October 31, 2012 and now reports its 49% ownership interest in Wilsonart using the equity method of accounting. Effective November 1, 2012, the Company made changes to its management reporting structure and Decorative Surfaces is no longer a reportable segment of the Company.

	As discussed in the Discontinued Operations note, in September 2013, the Company’s Board of Directors authorized a plan to commence a sale process for the Industrial Packaging segment. The Company classified the Industrial Packaging segment as held for sale beginning in the third quarter of 2013 and no longer presented this segment as part of its continuing operations. On February 6, 2014, the Company announced that it had signed a definitive agreement to sell its Industrial Packaging business to The Carlyle Group for $3.2 billion. The transaction was completed on May 1, 2014, resulting in a pre-tax gain of $1.7 billion ($1.1 billion after-tax) in the second quarter of 2014 which was included in Income from discontinued operations.

	The following is a description of the Company's seven segments:

	Automotive OEM—Components and fasteners for automotive-related applications.

	Test & Measurement and Electronics—Equipment, consumables, and related software for testing and measuring of materials and structures, and equipment and consumables used in the production of electronic subassemblies and microelectronics.

	Food Equipment—Commercial food equipment and related service.

	Polymers & Fluids—Adhesives, sealants, lubrication and cutting fluids, janitorial and hygiene products, and fluids and polymers for auto aftermarket maintenance and appearance.

	Welding—Arc welding equipment, consumables and accessories for a wide array of industrial and commercial applications.

	Construction Products—Construction fastening systems and truss products.

	Specialty Products—Beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners.

	Segments are allocated a fixed overhead charge based on the segment's revenues. Expenses not charged to the segments are reported separately as Unallocated. Because the Unallocated category includes a variety of items, it is subject to fluctuations on a quarterly and annual basis.

	Segment information for 2014, 2013 and 2012 was as follows:



	In millions		2014				2013				2012
	Operating revenues:
	Automotive OEM		$	2,590			$	2,396			$	2,171

	Test & Measurement and Electronics		2,204				2,176				2,299

	Food Equipment		2,177				2,047				1,939

	Polymers & Fluids		1,927				1,993				2,063

	Welding		1,850				1,837				1,847

	Construction Products		1,707				1,717				1,724

	Specialty Products		2,055				2,007				1,871

	Intersegment revenues		(26		)		(38		)		(44		)
	Total Segments		14,484				14,135				13,870

	Decorative Surfaces		—				—				921

	Total		$	14,484			$	14,135			$	14,791

	Operating income:
	Automotive OEM		$	600			$	490			$	421

	Test & Measurement and Electronics		340				321				342

	Food Equipment		453				385				332

	Polymers & Fluids		357				335				327

	Welding		479				464				470

	Construction Products		289				238				201

Specialty Products		440				408				365

Total Segments		2,958				2,641				2,458

Decorative Surfaces		—				—				143

Unallocated		(70		)		(127		)		(126		)
Total		$	2,888			$	2,514			$	2,475

Depreciation and amortization and impairment of goodwill and intangible assets:
Automotive OEM		$	79			$	80			$	70

Test & Measurement and Electronics		115				119				122

Food Equipment		52				50				47

Polymers & Fluids		99				103				102

Welding		38				37				34

Construction Products		43				49				57

Specialty Products		81				84				82

Total Segments		507				522				514

Decorative Surfaces		—				—				17

Discontinued Operations		—				91				82

Total		$	507			$	613			$	613

Plant and equipment additions:
Automotive OEM		$	96			$	119			$	112

Test & Measurement and Electronics		56				39				36

Food Equipment		47				37				34

Polymers & Fluids		28				28				29

Welding		36				35				38

Construction Products		41				32				29

Specialty Products		54				47				43

Total Segments		358				337				321

Decorative Surfaces		—				—				18

Discontinued Operations		3				31				43

Total		$	361			$	368			$	382

Identifiable assets:
Automotive OEM		$	1,454			$	1,571			$	1,526

Test & Measurement and Electronics		2,615				2,772				2,851

Food Equipment		1,123				1,184				979

Polymers & Fluids		2,257				2,420				2,540

Welding		879				936				914

Construction Products		1,249				1,309				1,463

Specialty Products		1,798				1,939				1,898

Total Segments		11,375				12,131				12,171

Corporate		6,303				5,999				5,352

Assets held for sale		—				1,836				—

Industrial Packaging		—				—				1,786

Total		$	17,678			$	19,966			$	19,309


Identifiable assets by segment are those assets that are specifically used in that segment. Corporate assets are principally cash and equivalents, investments and other general corporate assets.

Enterprise-wide information for 2014, 2013 and 2012 was as follows:



In millions		2014				2013				2012
Operating Revenues by Geographic Region:
United States		$	6,191			$	6,030			$	6,339

Canada/Mexico		993				973				1,014

Total North America		7,184				7,003				7,353

Europe, Middle East and Africa		4,319				4,162				4,356

Asia Pacific		2,427				2,366				2,493

South America		554				604				589

		$	14,484			$	14,135			$	14,791


Prior year information in table above has been reorganized to conform to the current year reporting of geographic regions. Operating revenues by geographic region are based on the customers’ locations. Long-lived assets in any single country outside of the U.S. did not exceed 10% of the Company's total long-lived assets.

No single customer accounted for more than 5% of consolidated revenues in 2014, 2013 or 2012. Additionally, the Company has thousands of product lines within its businesses; therefore, providing operating revenues by product line is not practicable.

Quarterly_and_Common_Stock_Dat

Quarterly and Common Stock Data	12 Months Ended
	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information	QUARTERLY AND COMMON STOCK DATA (UNAUDITED)

	Quarterly Financial Data

	The unaudited quarterly financial data included as supplementary data reflects all adjustments that are, in the opinion of management, necessary for a fair statement of the results for the interim periods presented.



		Three Months Ended
		March 31					June 30				September 30				December 31
	In millions except per share amounts	2014		2013			2014		2013		2014		2013		2014			2013
	Operating revenues	$	3,569	$	3,420		$	3,719	$	3,593	$	3,692	$	3,568	$	3,504		$	3,554

	Cost of revenues	2,158		2,078			2,219		2,155		2,182		2,148		2,114			2,173

	Operating income	667		578			763		630		772		678		686			628

	Income from continuing operations	428		401			494		416		507		406		461			407

	Income (loss) from discontinued operations	45		(47		)	998		49		24		46		(11		)	1

	Net income	473		354			1,492		465		531		452		450			408

	Income per share from continuing operations:
	Basic	1.01		0.89			1.22		0.93		1.29		0.91		1.19			0.93
	Diluted	1.01		0.88			1.21		0.92		1.28		0.9		1.18			0.92
	Net income per share:
	Basic	1.12		0.78			3.69		1.04		1.35		1.01		1.17			0.93
	Diluted	1.11		0.78			3.66		1.03		1.34		1.01		1.16			0.93

	Certain reclassifications of prior year data have been made to conform to current year reporting, including discontinued operations.

	In the second quarter of 2014, the Company recorded an after-tax gain of $1.1 billion, or $2.82 per diluted share, related to the sale of the Industrial Packaging business, which was included in Income (loss) from discontinued operations.

	In the first quarter of 2013, the Company recorded a goodwill impairment charge and loss reserves on assets held for sale of $98 million after-tax, or $0.22 per diluted share, which were included in Income (loss) from discontinued operations.

Significant_Accounting_Policie

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Dec. 31, 2014
Accounting Policies [Abstract]
Consolidation and Translation	Consolidation and Translation—The financial statements include the Company and its majority-owned subsidiaries. The Company follows the equity method of accounting for investments where the Company has a significant influence but not a controlling interest. Intercompany transactions are eliminated from the financial statements. Foreign subsidiaries’ assets and liabilities are translated to U.S. dollars at end-of-period exchange rates. Revenues and expenses are translated at average rates for the period. Translation adjustments are reported as a component of accumulated other comprehensive income in stockholders’ equity.
Acquisitions	Acquisitions—The Company accounts for acquisitions under the acquisition method, in which assets acquired and liabilities assumed are recorded at fair value as of the date of acquisition. The operating results of the acquired companies are included in the Company’s consolidated financial statements from the date of acquisition.
Operating Revenues	Operating Revenues are recognized when persuasive evidence of an arrangement exists, product has shipped and the risks and rewards of ownership have transferred or services have been rendered, the price to the customer is fixed or determinable, and collectibility is reasonably assured, which is generally at the time of product shipment. Typical sales arrangements are for standard products and provide for transfer of ownership and risk of loss at the time of shipment. In limited circumstances where significant obligations to the customer are unfulfilled at the time of shipment, typically involving installation and customer acceptance, revenue recognition is deferred until such obligations have been completed. Customer allowances and rebates, consisting primarily of volume discounts and other short-term incentive programs, are estimated at the time of sale based on historical experience and known trends and are recorded as a reduction in reported revenues.
Research and Development Expenses	Research and Development Expenses are recorded as expense in the year incurred.
Advertising Expenses	Advertising Expenses are recorded as expense in the year incurred.
Income Taxes	Valuation allowances are established when it is estimated that it is more likely than not that the tax benefit of the deferred tax asset will not be realized.
	The Company recognizes interest and penalties related to income tax matters in income tax expense.
	Deferred U.S. federal income taxes and foreign withholding taxes have not been provided on the remaining undistributed earnings of certain international subsidiaries as these earnings are considered permanently invested.
	The Company utilizes the asset and liability method of accounting for income taxes. Deferred income taxes are determined based on the estimated future tax effects of differences between the financial and tax bases of assets and liabilities given the provisions of the enacted tax laws.
Income from Continuing Operations Per Share	Income Per Share from Continuing Operations is computed by dividing income from continuing operations by the weighted-average number of shares outstanding for the period. Income from continuing operations per diluted share is computed by dividing income from continuing operations by the weighted-average number of shares assuming dilution for stock options and restricted stock units.
Cash and Equivalents	These interest-bearing instruments have maturities of three months or less and are stated at cost, which approximates fair value.
Inventories	Inventories are stated at the lower of cost or market and include material, labor and factory overhead. The last-in, first-out ("LIFO") method is used to determine the cost of the inventories at certain U.S. businesses. The first-in, first-out ("FIFO") method, which approximates current cost, is used for all other inventories.
Net Plant and Equipment	Net Plant and Equipment are stated at cost, less accumulated depreciation. Renewals and improvements that increase the useful life of plant and equipment are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation of plant and equipment for financial reporting purposes is primarily computed on an accelerated basis for U.S. businesses and on a straight-line basis for a majority of the international businesses.
Goodwill and Intangible Assets	Amortizable intangible assets are being amortized on a straight-line basis over their estimated useful lives of 3 to 20 years
	The Company does not amortize goodwill and intangible assets that have indefinite lives. The Company performs an impairment assessment of goodwill and intangible assets with indefinite lives annually, or more frequently if triggering events occur, 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.

Accrued Expenses	The Company accrues for product warranties based on historical experience.
Debt	Long-term debt represents obligations with a maturity date greater than one year, and excludes current maturities that have been reclassified to short-term debt.
Debt	Short-term debt represents obligations with a maturity date of one year or less and is stated at cost which approximates fair value. Short-term debt also includes current maturities of long-term debt.
Commitments and Contingencies	The Company accrues for such liabilities when it is probable that future costs will be incurred and such costs can be reasonably estimated.

Divestiture_of_Majority_Intere1

Divestiture of Majority Interest in Former Decorative Surfaces Segment (Tables)	12 Months Ended
	Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Historical Operating Results of Equity Investment	Historical operating results of the former Decorative Surfaces segment for 2012 were as follows:



	In millions	For the Ten Months Ended October 31, 2012
	Operating revenues	$	921

	Operating income	143

Discontinued_Operations_Tables

Discontinued Operations (Tables)	12 Months Ended
Discontinued Operations (Tables)	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Results of discontinued operations	Results of the discontinued operations for the years ended December 31, 2014, 2013 and 2012 were as follows:



	In millions		2014			2013			2012
	Operating revenues		$	798		$	2,769		$	3,275
	Operating revenues		$	798		$	2,769		$	3,275

	Income before income taxes		$	1,805		$	186		$	886
	Income before income taxes		$	1,805		$	186		$	886
	Income tax expense		(749		)	(137		)	(249		)
	Income from discontinued operations		$	1,056		$	49		$	637
	Income from discontinued operations		$	1,056		$	49		$	637
Schedule of Assets and Liabilities of Discontinued Operations, Held for Sale [Table Text Block]	As of December 31, 2013, the assets and liabilities of the Industrial Packaging business and the two construction distribution businesses discussed above were included in assets and liabilities held for sale in the statement of financial position, as follows:



	In millions	December 31, 2013
	Trade receivables	$	352
	Trade receivables	$	352
	Inventories	244
	Inventories	244
	Net plant and equipment	305
	Net plant and equipment	305
	Goodwill and intangible assets	844
	Goodwill and intangible assets	844
	Other	91
	Other	91
	Assets held for sale	$	1,836
	Assets held for sale	$	1,836

	Accounts payable	$	87
	Accounts payable	$	87
	Accrued expenses	139
	Accrued expenses	139
	Other	91
	Other	91
	Liabilities held for sale	$	317
	Liabilities held for sale	$	317

Acquisitions_Tables

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Premium over tangible net assets recorded for acquisitions based on purchase price allocations	The premium over tangible net assets recorded for acquisitions based on purchase price allocations during 2014, 2013 and 2012 was as follows:



		2014			2013			2012
	In millions except weighted-average lives (years)	Weighted-	Premium		Weighted-	Premium		Weighted-	Premium
		Average	Recorded		Average	Recorded		Average	Recorded
		Life			Life			Life
	Goodwill		$	18		$	247		$	333

	Amortizable intangible assets:
	Customer lists and relationships	11.4	12		11.2	100		12.2	169

	Patents and proprietary technology	15.4	8		9.8	34		8.2	38

	Trademarks and brands	12.9	3		15.5	35		12.8	36

	Noncompete agreements	—	—		3.8	1		4.5	29

	Other	—	—		5.1	11		7.2	12

	Total amortizable intangible assets	12.9	23		11.4	181		10.7	284

	Indefinite-lived intangible assets:
	Trademarks and brands		—			—			42

	Total premium recorded		$	41		$	428		$	659

Rental_Expense_Tables

Rental Expense (Tables)	12 Months Ended
	Dec. 31, 2014
Leases [Abstract]
Future minimum lease payments	Future minimum lease payments under non-cancelable leases for the years ending December 31 are as follows:



	In millions
	2015	$	105

	2016	78

	2017	52

	2018	35

	2019	26

	2020 and future years	41

		$	337

Other_Income_Expense_Tables

Other Income (Expense) (Tables)	12 Months Ended
	Dec. 31, 2014
Other Income and Expenses [Abstract]
Other Income (Expense)	Other Income (Expense) consisted of the following:



	In millions	2014			2013			2012
	Interest income	$	65		$	50		$	38

	Gain (loss) on foreign currency transactions, net	8			(5		)	(10		)

	Income from investments	8			12			11

	Gain (loss) on disposal of operations and affiliates	(6		)	(5		)	(2		)
	Equity loss in Wilsonart	(9		)	(14		)	(30		)
	Gain on acquisition of controlling interest in an equity investment	—			30			—

	Other, net	(5		)	4			4

		$	61		$	72		$	11

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Components of provision for income taxes	The components of the provision for income taxes were as shown below:



	In millions		2014				2013				2012
	U.S. federal income taxes:
	Current		$	413			$	410			$	474

	Deferred		121				84				250

			534				494				724

	Foreign income taxes:
	Current		163				153				239

	Deferred		66				35				(29		)

	Benefit of net operating loss carryforwards		(13		)		(13		)		(30		)
			216				175				180

	State income taxes:
	Current		50				64				64

	Deferred		9				(16		)		5

			59				48				69

			$	809			$	717			$	973

Income from continuing operations before income taxes	Income from continuing operations before income taxes for domestic and foreign operations was as follows:



	In millions		2014				2013				2012
	Domestic		$	1,669			$	1,444			$	2,207

	Foreign		1,030				903				999

			$	2,699			$	2,347			$	3,206

Reconciliation between the U.S. Federal statutory tax rate and the effective tax rate	The reconciliation between the U.S. federal statutory tax rate and the effective tax rate was as follows:



			2014			2013			2012
	U.S. federal statutory tax rate		35	%		35	%		35	%
	State income taxes, net of U.S. federal tax benefit		1.6			1.8			0.9

	Differences between U.S. federal statutory and foreign tax rates		(3.5	)		(3.4	)		(2.2	)
	Nontaxable foreign interest income		(3.6	)		(3.5	)		(2.8	)
	Tax effect of foreign dividends		2.1			2.4			0.7

	Tax relief for U.S. manufacturers		(1.5	)		(1.3	)		(1.1	)
	Other, net		(0.1	)		(0.4	)		(0.2	)
	Effective tax rate		30	%		30.6	%		30.3	%
Components of deferred income tax assets and liabilities	The components of deferred income tax assets and liabilities at December 31, 2014 and 2013 were as follows:



			2014								2013
	In millions		Asset				Liability				Asset			Liability
	Goodwill and intangible assets		$	277			$	(758	)		$	312		$	(795	)

	Inventory reserves, capitalized tax cost and LIFO inventory		48				(1		)		58			(5		)

	Investments		31				(273		)		32			(288		)

	Plant and equipment		26				(85		)		25			(106		)

	Accrued expenses and reserves		73				—				76			—

	Employee benefit accruals		324				—				296			—

	Foreign tax credit carryforwards		195				—				112			—

	Net operating loss carryforwards		670				—				694			—

	Capital loss carryforwards		80				—				91			—

	Allowances for uncollectible accounts		11				—				14			—

	Pension liabilities		11				—				—			(13		)

	Deferred intercompany deductions		14				—				169			—

	Unrealized loss (gain) on foreign debt instruments		—				(59		)		—			—

	Other		123				(10		)		124			(11		)

	Gross deferred income tax assets (liabilities)		1,883				(1,186		)		2,003			(1,218		)

	Valuation allowances		(530		)		—				(559		)	—

	Total deferred income tax assets (liabilities)		$	1,353			$	(1,186	)		$	1,444		$	(1,218	)

Net operating loss carryforwards	At December 31, 2014, the Company had net operating loss carryforwards available to offset future taxable income in the U.S. and certain foreign jurisdictions, which expire as follows:



		Gross Carryforwards Related
	In millions	to Net Operating Losses
	2015	$	2

	2016	4

	2017	18

	2018	9

	2019	12

	2020	72

	2021	75

	2022-2034	87

	Do not expire	2,086

		$	2,365

Changes in amount of unrecognized tax benefits	The changes in the amount of unrecognized tax benefits during 2014, 2013 and 2012 were as follows:



	In millions		2014				2013				2012
	Beginning balance		$	268			$	249			$	437

	Additions based on tax positions related to the current year		23				26				32

	Additions for tax positions of prior years		12				40				62

	Reductions for tax positions of prior years		(59		)		(21		)		(163		)
	Settlements		(18		)		(27		)		(125		)
	Foreign currency translation		(8		)		1				6

	Ending balance		$	218			$	268			$	249

Open Tax Years For Company's Major Jurisdictions	The following table summarizes the open tax years for the Company’s major jurisdictions:



	Jurisdiction		Open Tax Years
	United States – Federal		2012-2014
	United Kingdom		2012-2014
	Germany		2009-2014
	France		2007-2014
	Australia		2010-2014

Income_Per_Share_from_Continui1

Income Per Share from Continuing Operations (Tables)	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Income Per Share from Continuing Operations	The
	computation of income per share from continuing operations was as follows:



	In millions except per share amounts	2014		2013		2012
	Income from continuing operations	$	1,890	$	1,630	$	2,233

	Income per share from continuing operations—Basic:
	Weighted-average common shares	401.7		446.2		469.8

	Income per share from continuing operations—Basic	$	4.7	$	3.65	$	4.75

	Income per share from continuing operations—Diluted:
	Weighted-average common shares	401.7		446.2		469.8

	Effect of dilutive stock options and restricted stock units	2.9		3.1		3.4

	Weighted-average common shares assuming dilution	404.6		449.3		473.2

	Income per share from continuing operations—Diluted	$	4.67	$	3.63	$	4.72

Trade_Receivables_Tables

Trade Receivables (Tables)	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Changes in allowances for uncollectible accounts	The changes in the allowances for uncollectible accounts during 2014, 2013 and 2012 were as follows:



	In millions	2014			2013			2012
	Beginning balance	$	(46	)	$	(65	)	$	(65	)
	Provision charged to expense	(7		)	(3		)	(11		)
	Write-offs, net of recoveries	7			14			14

	Acquisitions and divestitures	—			(1		)	—

	Foreign currency translation	3			1			(1		)

	Transfer to assets held for sale	—			8			—

	Other	—			—			(2		)

	Ending balance	$	(43	)	$	(46	)	$	(65	)

Inventories_Tables

Inventories (Tables)	12 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Inventories	Inventories at December 31, 2014 and 2013 were as follows:



	In millions	2014			2013
	Raw material	$	458		$	482

	Work-in-process	133			150

	Finished goods	677			700

	LIFO reserve	(88		)	(85		)
		$	1,180		$	1,247

Prepaid_Expenses_and_Other_Cur1

Prepaid Expenses and Other Current Assets (Tables)	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses and other current assets	Prepaid Expenses and Other Current Assets as of December 31, 2014 and 2013 were as follows:



	In millions	2014		2013
	Income tax refunds receivable	$	129	$	120

	Value-added-tax receivables	50		68

	Vendor advances	30		30

	Other	192		148

		$	401	$	366

Plant_and_Equipment_Tables

Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Net plant and equipment	Net plant and equipment consisted of the following at December 31, 2014 and 2013:



	In millions		2014			2013
	Land		$	177		$	189

	Buildings and improvements		1,200			1,235

	Machinery and equipment		3,034			3,145

	Equipment leased to others		158			160

	Construction in progress		230			143

	Gross plant and equipment		4,799			4,872

	Accumulated depreciation		(3,113		)	(3,163		)
	Net plant and equipment		$	1,686		$	1,709

Range of useful lives used to depreciate plant and equipment	The ranges of useful lives used to depreciate plant and equipment are as follows:



	Buildings and improvements	5—50 years
	Machinery and equipment	3—12 years
	Equipment leased to others	Term of lease

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization and impairment of goodwill and other intangible assets	Amortization and impairment of goodwill and other intangible assets for the years ended December 31, 2014, 2013 and 2012 were as follows:



	In millions		2014			2013				2012
	Goodwill:
	Impairment		$	—		$	—			$	1

	Intangible Assets:
	Amortization		242			250				252

	Impairment		3			2				1

			$	245		$	252			$	254

Schedule of intangible assets and goodwill	A summary of goodwill and indefinite-lived intangible assets that were adjusted to fair value and the related impairment charges included in earnings for the years ended December 31, 2014, 2013, and 2012 is as follows:



			2014										2013										2012
	In millions		Book Value			Fair Value				Total Impairment Charges			Book Value			Fair Value				Total Impairment Charges			Book Value			Fair Value			Total Impairment Charges
	Goodwill		$	—		$	—			$	—		$	—		$	—			$	—		$	146		$	145		$	1

	Indefinite-lived intangible assets		11			8				3			42			40				2			5			4			1

Carrying amount of goodwill by segment	The changes in the carrying amount of goodwill for the years ended December 31, 2014 and 2013 were as follows:



	In millions	Automotive OEM			Test & Measurement and Electronics				Food Equipment			Polymers & Fluids			Welding				Construction Products			Specialty Products			Industrial Packaging			Total
	Balance, December 31, 2012	$	318		$	1,431			$	203		$	1,043		$	288			$	603		$	909		$	735		$	5,530

	2013 activity:
	Acquisitions & divestitures	—			2				86			9			10				(2		)	139			—			244

	Impairment charges	—			—				—			—			—				—			(42		)	—			(42		)

	Foreign currency translation	2			—				5			(18		)	(4		)		(20		)	5			(2		)	(32		)

	Transfer to assets held for sale	—			(7		)		—			(13		)	—				(20		)	(41		)	(733		)	(814		)

	Balance, December 31, 2013	320			1,426				294			1,021			294				561			970			—			4,886

	2014 activity:
	Acquisitions & divestitures	(3		)	—				—			3			—				8			—			—			8

	Impairment charges	—			—				—			—			—				—			—			—			—

	Foreign currency translation	(23		)	(36		)		(18		)	(60		)	(17		)		(27		)	(46		)	—			(227		)

	Balance, December 31, 2014	$	294		$	1,390			$	276		$	964		$	277			$	542		$	924		$	—		$	4,667

	Cumulative goodwill impairment charges, December 31, 2014	$	24		$	83			$	60		$	15		$	5			$	7		$	46		$	—		$	240

Intangible assets	Intangible assets as of December 31, 2014 and 2013 were as follows:



			2014										2013
	In millions		Cost			Accumulated				Net			Cost			Accumulated				Net
						Amortization										Amortization
	Amortizable intangible assets:
	Customer lists and relationships		$	1,638		$	(820	)		$	818		$	1,631		$	(691	)		$	940

	Trademarks and brands		707			(249		)		458			689			(207		)		482

	Patents and proprietary technology		622			(354		)		268			588			(311		)		277

	Noncompete agreements		155			(137		)		18			155			(125		)		30

	Software		204			(192		)		12			202			(188		)		14

	Other		112			(101		)		11			113			(98		)		15

	Total amortizable intangible assets		3,438			(1,853		)		1,585			3,378			(1,620		)		1,758

	Indefinite-lived intangible assets:
	Trademarks and brands		214			—				214			241			—				241

	Total intangible assets		$	3,652		$	(1,853	)		$	1,799		$	3,619		$	(1,620	)		$	1,999

Estimated amortization expense of intangible assets.	The estimated amortization expense of intangible assets for the future years ending December 31 is as follows:



	In millions
	2015	$	229

	2016	216

	2017	195

	2018	175

	2019	152

Other_Assets_Tables

Other Assets (Tables)	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Summary of Other assets	Other Assets as of December 31, 2014 and 2013 consisted of the following:



	In millions	2014		2013
	Cash surrender value of life insurance policies	$	418	$	400

	Prepaid pension assets	165		134

	Equity investment in Wilsonart	141		164

	Investments	110		130

	Customer tooling	96		110

	Other	219		259

		$	1,149	$	1,197

Accrued_Expenses_Tables

Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2014
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses as of December 31, 2014 and 2013 consisted of accruals for:



	In millions	2014			2013
	Compensation and employee benefits	$	441		$	462

	Deferred revenue and customer deposits	194			207

	Rebates	128			127

	Warranties	49			50

	Current portion of pension and other postretirement benefit obligations	14			21

	Other	461			405

		$	1,287		$	1,272

Changes in Accrued Product Warranties	The changes in accrued warranties during 2014, 2013 and 2012 were as follows:



	In millions	2014			2013			2012
	Beginning balance	$	50		$	51		$	55

	Charges	(41		)	(44		)	(44		)
	Provision charged to expense	43			43			44

	Acquisitions and divestitures	—			2			(4		)

	Foreign currency translation	(3		)	1			—

	Transfer to liabilities held for sale	—			(3		)	—

	Ending balance	$	49		$	50		$	51

Debt_Tables

Debt (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Schedule of Short Term Debt	Short-term debt as of December 31, 2014 and 2013 consisted of the following:


	In millions		2014				2013
	Commercial paper		$	1,413			$	1,652

	Bank overdrafts		62				65

	Current maturities of long-term debt		1				1,834

			$	1,476			$	3,551

Schedule of Long-Term Debt Instruments	Long-term debt at carrying value and fair value as of December 31, 2014 and 2013 consisted of the following:


					2014						2013
	In millions		Effective Interest Rate		Carrying Value				Fair Value		Carrying Value			Fair Value
	5.15% notes due April 1, 2014		5.20%		$	—			$	—	$	800		$	809

	5.25% Euro notes due October 1, 2014		5.30%		—				—		1,031			1,067

	0.90% notes due February 25, 2017		0.90%		649				648		—			—

	1.95% notes due March 1, 2019		2.00%		649				651		—			—

	6.25% notes due April 1, 2019		6.30%		700				817		700			834

	4.88% notes due thru December 31, 2020		5.00%		5				6		7			8

	3.375% notes due September 15, 2021		3.40%		349				369		349			350

	1.75% Euro notes due May 20, 2022		1.90%		600				640		—			—

	3.50% notes due March 1, 2024		3.50%		698				735		—			—

	3.0% Euro notes due May 19, 2034		3.10%		594				702		—			—

	4.875% notes due September 15, 2041		4.90%		641				746		641			649

	3.9% notes due September 1, 2042		4.00%		1,090				1,110		1,090			944

	Other borrowings				7				7		9			9

					$	5,982			$	6,431	$	4,627		$	4,670

	Current maturities				(1		)				(1,834		)

					$	5,981					$	2,793

Scheduled Maturities of Long-Term Debt	Scheduled maturities of long-term debt, including current maturities of long-term debt, for the future years ending December 31 are as follows:


	In millions
	2015	$	1

	2016	1

	2017	650

	2018	—

	2019	1,349

	2020 and future years	3,981

		$	5,982

Pension_and_Other_Postretireme1

Pension and Other Postretirement Benefits (Tables)	12 Months Ended
	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Pension and other postretirement benefit costs	Summarized information regarding the Company’s significant defined benefit pension and other postretirement benefit plans related to both continuing and discontinued operations is as follows:



			Pension												Other Postretirement Benefits
	In millions		2014				2013				2012				2014				2013			2012
	Components of net periodic benefit cost:
	Service cost		$	80			$	87			$	100			$	10			$	12		$	13

	Interest cost		103				100				107				24				24			27

	Expected return on plan assets		(159		)		(157		)		(157		)		(25		)		(22		)	(20		)
	Amortization of actuarial (gain) loss		48				65				57				(4		)		1			1

	Amortization of prior service cost		1				—				1				1				1			3

	Settlement/curtailment (gain) loss		1				49				14				(9		)		—			—

			$	74			$	144			$	122			$	(3	)		$	16		$	24


	Net periodic benefit cost was included in the statement of income as follows:



			Pension												Other Postretirement Benefits
	In millions		2014				2013				2012				2014				2013			2012
	Income from continuing operations		$	69			$	131			$	112			$	6			$	14		$	22

	Income from discontinued operations		5				13				10				(9		)		2			2

			$	74			$	144			$	122			$	(3	)		$	16		$	24

Change in benefit obligation	The following tables provide a rollforward of the plan benefit obligations, plan assets and a reconciliation of funded status for the years ended December 31, 2014 and 2013 for continuing and discontinued operations:



			Pension								Other Postretirement Benefits
	In millions		2014				2013				2014				2013
	Change in benefit obligation:
	Benefit obligation at January 1		$	2,545			$	2,655			$	519			$	589

	Service cost		80				87				10				12

	Interest cost		103				100				24				24

	Plan participants’ contributions		3				5				13				15

	Amendments		(5		)		—				—				—

	Actuarial (gain) loss		240				(68		)		97				(77		)

	Acquisitions/divestitures		(97		)		(12		)		(18		)		—

	Benefits paid		(192		)		(247		)		(46		)		(47		)
	Medicare subsidy received		—				—				2				3

	Liabilities from (to) other immaterial plans		—				10				—				—

	Settlement/curtailment (gain) loss		(2		)		(1		)		(10		)		—

	Foreign currency translation		(68		)		16				—				—

	Benefit obligation at December 31		$	2,607			$	2,545			$	591			$	519

Change in plan assets

			Pension								Other Postretirement Benefits
	In millions		2014				2013				2014				2013
	Change in plan assets:
	Fair value of plan assets at January 1		$	2,487			$	2,288			$	370			$	328

	Actual return on plan assets		264				294				28				66

	Company contributions		127				136				7				8

	Plan participants’ contributions		3				5				13				15

	Acquisitions/divestitures		(65		)		(16		)		—				—

	Benefits paid		(192		)		(247		)		(46		)		(47		)
	Assets from immaterial plans		—				12				—				—

	Foreign currency translation		(67		)		15				—				—

	Fair value of plan assets at December 31		$	2,557			$	2,487			$	372			$	370

	Funded status		$	(50	)		$	(58	)		$	(219	)		$	(149	)
	Other immaterial plans		(52		)		(61		)		(5		)		(6		)
	Net liability at December 31		$	(102	)		$	(119	)		$	(224	)		$	(155	)
	The amounts recognized in the statement of financial position as of December 31 consist of:
	Other assets		$	165			$	134			$	—			$	—

	Accrued expenses		(10		)		(16		)		(4		)		(5		)
	Liabilities held for sale		—				(24		)		—				(23		)

	Other noncurrent liabilities		(257		)		(213		)		(220		)		(127		)
	Net liability at end of year		$	(102	)		$	(119	)		$	(224	)		$	(155	)
	The pre-tax amounts recognized in accumulated other comprehensive income consist of:
	Net actuarial loss		$	638			$	568			$	(6	)		$	(112	)

	Prior service cost		1				6				(1		)		—

			$	639			$	574			$	(7	)		$	(112	)

	Accumulated benefit obligation		$	2,361			$	2,273

	Plans with accumulated benefit obligation in excess of plan assets as of December 31:
	Projected benefit obligation		$	168			$	263

	Accumulated benefit obligation		$	154			$	249

	Fair value of plan assets		$	26			$	91

Weighted-average assumptions used in the valuations of pension and other postretirement benefits	The weighted-average assumptions used in the valuations of pension and other postretirement benefits were as follows:



		Pension									Other Postretirement Benefits
		2014			2013			2012			2014			2013			2012
	Assumptions used to determine benefit obligations at December 31:
	Discount rate	3.7	%		4.32	%		3.85	%		4.15	%		4.95	%		4.15	%
	Rate of compensation increases	3.72	%		3.72	%		3.86	%		—	%		—	%		—	%
	Assumptions used to determine net periodic benefit cost for years ended December 31:
	Discount rate	4.32	%		3.85	%		4.64	%		4.95	%		4.15	%		4.95	%
	Expected return on plan assets	7.02	%		7.28	%		7.23	%		7	%		7	%		7	%
	Rate of compensation increases	3.72	%		3.86	%		3.86	%		—	%		—	%		—	%
Postretirement benefit obligation	The assumed health care cost trend rates used to determine the postretirement benefit obligation at December 31 were as follows:



		2014			2013			2012
	Health care cost trend rate assumed for the next year	8	%		8	%		7.35	%
	Ultimate trend rate	4.5	%		5	%		5	%
	Year the rate reaches the ultimate trend rate	2022			2020			2019

One-percentage-point change in assumed health care cost trend rates	A one percentage-point change in assumed health care cost trend rates would have the following impact:



	In millions		1 Percentage-Point Increase				1 Percentage-Point Decrease
	Change in service cost and interest cost for 2014		$	1			$	(1	)

	Change in postretirement benefit obligation at December 31, 2014		$	13			$	(15	)

Defined benefit plan assets for plan benefits	The following tables present the fair value of the Company’s pension and other postretirement benefit plan assets at December 31, 2014 and 2013, by asset category and valuation methodology. Level 1 assets are valued using unadjusted quoted prices for identical assets in active markets. Level 2 assets are valued using quoted prices or other observable inputs for similar assets. Level 3 assets are valued using unobservable inputs, but reflect the assumptions market participants would be expected to use in pricing the assets. Each financial instrument’s categorization is based on the lowest level of input that is significant to the fair value measurement.



			2014
	In millions		Level 1				Level 2				Level 3				Total
	Pension Plan Assets:
	Cash and equivalents		$	164			$	—			$	—			$	164

	Equity securities:
	Domestic		1				—				—				1

	Foreign		72				—				—				72

	Fixed income securities:
	Government securities		—				286				—				286

	Corporate debt securities		—				378				—				378

	Mortgage-backed securities		—				8				—				8

	Investment contracts with insurance companies		—				—				1				1

	Commingled funds:
	Mutual funds		317				—				—				317

	Collective trust funds		—				1,252				—				1,252

	Partnerships/private equity interests		—				—				77				77

	Other		—				—				1				1

			$	554			$	1,924			$	79			$	2,557

	Other Postretirement Benefit Plan Assets:
	Cash and equivalents		$	11			$	—			$	—			$	11

	Life insurance policies		—				—				361				361

			$	11			$	—			$	361			$	372




			2013
	In millions		Level 1				Level 2				Level 3				Total
	Pension Plan Assets:
	Cash and equivalents		$	27			$	—			$	—			$	27

	Equity securities:
	Domestic		—				—				—				—

	Foreign		77				—				—				77

	Fixed income securities:
	Government securities		—				314				—				314

	Corporate debt securities		—				316				—				316

	Mortgage-backed securities		—				10				—				10

	Investment contracts with insurance companies		—				—				67				67

	Commingled funds:
Mutual funds		459				—				—				459

Collective trust funds		—				1,135				—				1,135

Partnerships/private equity interests		—				—				81				81

Other		—				1				—				1

		$	563			$	1,776			$	148			$	2,487

Other Postretirement Benefit Plan Assets:
Cash and equivalents		$	9			$	—			$	—			$	9

Life insurance policies		—				—				361				361

		$	9			$	—			$	361			$	370

Assets measured at fair value for pension and other postretirement benefit plan	The following table presents a reconciliation of Level 3 assets measured at fair value for pension and other postretirement benefit plans during the years ended December 31, 2014 and 2013:



	In millions		Investment				Partnerships/				Life				Other				Total
			Contracts with				Private Equity				Insurance
			Insurance				Interests				Policies
			Companies
	31-Dec-12		$	75			$	84			$	294			$	—			$	453

	2013 Activity:
	Realized gains (losses)		—				7				—				—				7

	Unrealized gains (losses)		5				(1		)		67				—				71

	Purchases and sales		(13		)		(9		)		—				—				(22		)

	31-Dec-13		67				81				361				—				509

	2014 Activity:
	Realized gains (losses)		—				—				2				—				2

	Unrealized gains (losses)		—				2				26				—				28

	Purchases and sales		—				(6		)		(28		)		1				(33		)

	Acquistions/divestitures		(66		)		—				—				—				(66		)

	31-Dec-14		$	1			$	77			$	361			$	1			$	440

Portion of the benefit payments are expected to be paid	The Company’s portion of the benefit payments that are expected to be paid during the years ending December 31 is as follows:



	In millions		Pension				Other Postretirement Benefits
	2015		$	206			$	37

	2016		172				37

	2017		179				38

	2018		179				39

	2019		180				40

	Years 2020-2024		895				206

Other_Noncurrent_Liabilities_T

Other Noncurrent Liabilities (Tables)	12 Months Ended
	Dec. 31, 2014
Other Liabilities Disclosure [Abstract]
Other noncurrent liabilities	Other Noncurrent Liabilities at December 31, 2014 and 2013 consisted of the following:



	In millions	2014		2013
	Pension benefit obligation	$	257	$	213

	Postretirement benefit obligation	220		127

	Other	525		583

		$	1,002	$	923

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Summary of Common Stock, Additional Paid-In-Capital and Common Stock Held in Treasury	Common Stock, with a par value of $0.01, Additional Paid-In-Capital and Common Stock Held in Treasury transactions during 2014, 2013, and 2012 are shown below.



			Common Stock							Additional				Common Stock Held in Treasury
										Paid-In-
										Capital
	In millions		Shares			Amount				Amount				Shares		Amount
	Balance, December 31, 2011		542.5			$	5			$	686			(58.9	)	$	(2,692	)

	During 2012-
	Shares issued for stock options		6.3			—				285				—		—

	Shares withheld for taxes		—			—				1				(0.3	)	(19		)

	Shares issued for stock compensation and vesting of restricted stock		0.8			—				(10		)		0.2		9

	Stock compensation expense		—			—				54				—		—

	Noncontrolling interest		—			—				(22		)		—		—

	Tax benefits related to stock options		—			—				14				—		—

	Tax benefits related to defined contribution plans		—			—				4				—		—

	Repurchases of common stock		—			—				—				(35.5	)	(2,020		)

	Balance, December 31, 2012		549.6			5				1,012				(94.8	)	(4,722		)

	During 2013-
	Shares issued for stock options		0.4			1				9				4		198

	Shares withheld for taxes		—			—				—				(0.2	)	(11		)

	Shares issued for stock compensation and vesting of restricted stock		—			—				(28		)		0.6		28

	Stock compensation expense		—			—				36				—		1

	Noncontrolling interest		—			—				(8		)		—		—

	Tax benefits related to stock options		—			—				23				—		—

	Tax benefits related to defined contribution plans		—			—				2				—		—

	Repurchases of common stock		—			—				—				(29.7	)	(2,170		)

	Balance, December 31, 2013		550			6				1,046				(120.1	)	(6,676		)

	During 2014-
	Shares issued for stock options		—			—				—				3		148

	Shares withheld for taxes		—			—				—				(0.1	)	(14		)

	Shares issued for stock compensation and vesting of restricted stock		—			—				(26		)		0.5		26

	Stock compensation expense		—			—				39				—		—

	Tax benefits related to stock options		—			—				33				—		—

	Tax benefits related to defined contribution plans		—			—				4				—		1

	Repurchases of common stock		—			—				—				(50.4	)	(4,283		)

	Balance, December 31, 2014		550			$	6			$	1,096			(167.1	)	$	(10,798	)

Authorized, December 31, 2014		700

Changes in accumulated other comprehensive income	The changes in accumulated other comprehensive income during 2014, 2013 and 2012 were as follows:



	In millions		2014				2013				2012
	Beginning balance		$	384			$	293			$	224


	Foreign currency translation adjustments during the period		(806		)		(200		)		146

	Foreign currency translation adjustments reclassified to income		(133		)		7				(52		)

	Total foreign currency translation adjustments		(939		)		(193		)		94


	Pension and other postretirement benefit adjustments during the period		(224		)		327				(159		)

	Pension and other postretirement benefit adjustments reclassified to income		54				122				121

	Income taxes		67				(165		)		13

	Total pension and other postretirement benefit adjustments		(103		)		284				(25		)


	Ending balance		$	(658	)		$	384			$	293

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	12 Months Ended
Stock-Based Compensation (Tables)	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of stock based compensation expense	The following table summarizes the Company’s stock-based compensation expense:



	In millions	2014				2013				2012
	Pre-tax compensation expense	$	34			$	30			$	50
	Pre-tax compensation expense	$	34			$	30			$	50
	Tax benefit	(12		)		(10		)		(18		)
	Total stock-based compensation expense, net of tax	$	22			$	20			$	32
	Total stock-based compensation expense, net of tax	$	22			$	20			$	32
Summary of activity related to non vested equity awards	The following table summarizes activity related to non-vested restricted stock units during 2014:



	Shares in millions	Number of			Weighted-Average
	Shares in millions	Shares			Grant-Date Fair Value
	Unvested, January 1, 2014	1.4			$54.02
	Unvested, January 1, 2014	1.4			$54.02
	Granted	0.3			73.61
	Granted	0.3			73.61
	Vested	(0.6	)		52.15
	Canceled	(0.1	)		57.5
	Unvested, December 31, 2014	1			60.68
	Unvested, December 31, 2014	1			60.68
Summary of stock option activity under plan	The following table summarizes stock option activity under the Plan for the year ended December 31, 2014:



	In millions except exercise price and contractual terms	Number of Shares			Weighted-Average		Weighted-Average		Aggregate Intrinsic
					Exercise Price		Remaining		Value
							Contractual Term
	Under option, January 1, 2014	9.4			$51.95
	Under option, January 1, 2014	9.4			$51.95
	Granted	0.8			78.71
	Granted	0.8			78.71
	Exercised	(3.0	)		49.02
	Canceled or expired	(0.1	)		60.55
	Under option, December 31, 2014	7.1			56.25		5.9 years		$272
	Under option, December 31, 2014	7.1			56.25		5.9 years		$272
	Exercisable, December 31, 2014	4.7			51.02		4.9 years		$207
	Exercisable, December 31, 2014	4.7			51.02		4.9 years		$207
Summary of assumptions used in option models	The Company uses a binomial option pricing model to estimate the fair value of the stock options granted. The following summarizes the assumptions used in the models:



		2014		2013		2012
	Risk-free interest rate	0.16-2.83%		0.2-2.9%		0.2-2.1%
	Weighted-average volatility	22.90%		21.10%		25.00%
	Dividend yield	2.46%		2.72%		2.61%
	Expected years until exercise	6.7-7.9		6.6-7.6		7.6-7.8

Segment_Information_Tables

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Segment Information	Segment information for 2014, 2013 and 2012 was as follows:



	In millions		2014				2013				2012
	Operating revenues:
	Automotive OEM		$	2,590			$	2,396			$	2,171

	Test & Measurement and Electronics		2,204				2,176				2,299

	Food Equipment		2,177				2,047				1,939

	Polymers & Fluids		1,927				1,993				2,063

	Welding		1,850				1,837				1,847

	Construction Products		1,707				1,717				1,724

	Specialty Products		2,055				2,007				1,871

	Intersegment revenues		(26		)		(38		)		(44		)
	Total Segments		14,484				14,135				13,870

	Decorative Surfaces		—				—				921

	Total		$	14,484			$	14,135			$	14,791

	Operating income:
	Automotive OEM		$	600			$	490			$	421

	Test & Measurement and Electronics		340				321				342

	Food Equipment		453				385				332

	Polymers & Fluids		357				335				327

	Welding		479				464				470

	Construction Products		289				238				201

	Specialty Products		440				408				365

	Total Segments		2,958				2,641				2,458

	Decorative Surfaces		—				—				143

	Unallocated		(70		)		(127		)		(126		)
	Total		$	2,888			$	2,514			$	2,475

	Depreciation and amortization and impairment of goodwill and intangible assets:
	Automotive OEM		$	79			$	80			$	70

	Test & Measurement and Electronics		115				119				122

	Food Equipment		52				50				47

	Polymers & Fluids		99				103				102

	Welding		38				37				34

	Construction Products		43				49				57

	Specialty Products		81				84				82

Total Segments		507				522				514

Decorative Surfaces		—				—				17

Discontinued Operations		—				91				82

Total		$	507			$	613			$	613

Plant and equipment additions:
Automotive OEM		$	96			$	119			$	112

Test & Measurement and Electronics		56				39				36

Food Equipment		47				37				34

Polymers & Fluids		28				28				29

Welding		36				35				38

Construction Products		41				32				29

Specialty Products		54				47				43

Total Segments		358				337				321

Decorative Surfaces		—				—				18

Discontinued Operations		3				31				43

Total		$	361			$	368			$	382

Identifiable assets:
Automotive OEM		$	1,454			$	1,571			$	1,526

Test & Measurement and Electronics		2,615				2,772				2,851

Food Equipment		1,123				1,184				979

Polymers & Fluids		2,257				2,420				2,540

Welding		879				936				914

Construction Products		1,249				1,309				1,463

Specialty Products		1,798				1,939				1,898

Total Segments		11,375				12,131				12,171

Corporate		6,303				5,999				5,352

Assets held for sale		—				1,836				—

Industrial Packaging		—				—				1,786

Total		$	17,678			$	19,966			$	19,309

Operating Revenues by Geographic Region	Enterprise-wide information for 2014, 2013 and 2012 was as follows:



	In millions		2014				2013				2012
	Operating Revenues by Geographic Region:
	United States		$	6,191			$	6,030			$	6,339

	Canada/Mexico		993				973				1,014

	Total North America		7,184				7,003				7,353

	Europe, Middle East and Africa		4,319				4,162				4,356

	Asia Pacific		2,427				2,366				2,493

	South America		554				604				589

			$	14,484			$	14,135			$	14,791

Quarterly_and_Common_Stock_Dat1

Quarterly and Common Stock Data Quarterly and Common Stock Data (Tables)	12 Months Ended
	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	The unaudited quarterly financial data included as supplementary data reflects all adjustments that are, in the opinion of management, necessary for a fair statement of the results for the interim periods presented.



		Three Months Ended
		March 31					June 30				September 30				December 31
	In millions except per share amounts	2014		2013			2014		2013		2014		2013		2014			2013
	Operating revenues	$	3,569	$	3,420		$	3,719	$	3,593	$	3,692	$	3,568	$	3,504		$	3,554

	Cost of revenues	2,158		2,078			2,219		2,155		2,182		2,148		2,114			2,173

	Operating income	667		578			763		630		772		678		686			628

	Income from continuing operations	428		401			494		416		507		406		461			407

	Income (loss) from discontinued operations	45		(47		)	998		49		24		46		(11		)	1

	Net income	473		354			1,492		465		531		452		450			408

	Income per share from continuing operations:
	Basic	1.01		0.89			1.22		0.93		1.29		0.91		1.19			0.93
	Diluted	1.01		0.88			1.21		0.92		1.28		0.9		1.18			0.92
	Net income per share:
	Basic	1.12		0.78			3.69		1.04		1.35		1.01		1.17			0.93
	Diluted	1.11		0.78			3.66		1.03		1.34		1.01		1.16			0.93

Notes_to_Financial_Statements_

Notes to Financial Statements (Details)	12 Months Ended
	Dec. 31, 2014
	Country
	division
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of company divisions	90
Number of countries with ITW operations	57

Divestiture_of_Majority_Intere2

Divestiture of Majority Interest in Former Decorative Surfaces Segment Divestiture of Majority Interest in Former Decorative Surfaces Segment (Details) (USD $)	3 Months Ended									12 Months Ended			0 Months Ended	10 Months Ended	2 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Oct. 31, 2012	Oct. 31, 2012	Dec. 31, 2012	Nov. 01, 2012	Aug. 15, 2012
Schedule of Equity Method Investments [Line Items]
Net sales proceeds on sale of Wilsonart and Subsidiaries									$1,050,000,000
Contribution amount of CD&R in exchange for Wilsonart preferred units																395,000,000
Fair value of Company's retained interest	141,000,000				164,000,000					141,000,000	164,000,000
Equity loss in Wilsonart										9,000,000	14,000,000	30,000,000
Historical Operating Results [Abstract]
Operating revenues	3,504,000,000	3,692,000,000	3,719,000,000	3,569,000,000	3,554,000,000	3,568,000,000	3,593,000,000	3,420,000,000		14,484,000,000	14,135,000,000	14,791,000,000
Operating income	686,000,000	772,000,000	763,000,000	667,000,000	628,000,000	678,000,000	630,000,000	578,000,000		2,888,000,000	2,514,000,000	2,475,000,000
Wilsonart International Holdings LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage in Wilsonart	49.00%									49.00%			49.00%	49.00%
% of Preferred Units of Wilsonart																51.00%
Fair value of Company's retained interest													204,000,000	204,000,000
Pre-tax gain on retained interest													51,000,000
Cumulative Convertible Participating Preferred Units \| Wilsonart International Holdings LLC
Schedule of Equity Method Investments [Line Items]
Dividend rate for Preferred Units									10.00%
Decorative Surfaces
Schedule of Equity Method Investments [Line Items]
% of Decorative Surfaces Segment that was divested																	51.00%
Pretax gain on sale of portion of Decorative Surfaces segment													933,000,000	933,000,000
After Tax gain on sale of portion of Decorative Surfaces segment													632,000,000	632,000,000
Historical Operating Results [Abstract]
Operating revenues														921,000,000
Operating income														143,000,000
Other Income (Expense) \| Wilsonart International Holdings LLC
Schedule of Equity Method Investments [Line Items]
Equity loss in Wilsonart										$9,000,000	$14,000,000				$30,000,000

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended								12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Results of discontinued operations
Operating revenues									$798	$2,769	$3,275
Income before income taxes									1,805	186	886
Income tax expense									-749	-137	-249
Income from discontinued operations	($11)	$24	$998	$45	$1	$46	$49	($47)	$1,056	$49	$637

Discontinued_Operations_Detail1

Discontinued Operations (Details 1) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]
Trade receivables		$352
Inventories		244
Net plant and equipment		305
Goodwill and intangible assets		844
Other		91
Assets held for sale	0	1,836
Accounts payable		87
Accrued expenses		139
Other		91
Liabilities held for sale		$317

Discontinued_Operations_Detail2

Discontinued Operations (Details Textual) (USD $)

1 Months Ended

12 Months Ended

0 Months Ended

3 Months Ended

Apr. 30, 2011

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Feb. 06, 2014

Jun. 30, 2014

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2013

Sep. 30, 2012

Jun. 30, 2011

Dec. 31, 2011

business

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

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

$1,718,000,000

($91,000,000)

$499,000,000

Income tax expense from discontinued operations

749,000,000

137,000,000

249,000,000

Number of businesses included in assets (liabilities) held-for-sale

Cash Transaction Made through Definitive Agreement

650,000,000

Industrial Packaging

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

Expected proceeds from sale of business

3,200,000,000

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

1,700,000,000

After-tax gain on sale of discontinued operations

1,100,000,000

Number of businesses planned for divestiture

Number of businesses divested

Income tax expense from discontinued operations

42,000,000

Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Amount

175,000,000

Foreign Earnings Repatriated

1,300,000,000

Machine Components Business

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

Number of businesses planned for divestiture

Number of businesses divested

Transportation Related Business

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

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

-20,000,000

Number of businesses planned for divestiture

Number of businesses divested

Goodwill impairment charge

42,000,000

Finishing Business

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

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

452,000,000

Construction Distribution Business

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

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

($39,000,000)

Number of businesses planned for divestiture

Number of businesses divested

Number of businesses included in assets (liabilities) held-for-sale

Specialty Coatings Business [Member]

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

Number of businesses planned for divestiture

Number of businesses divested

Chemical Manufacturing Business

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

Number of businesses planned for divestiture

Number of businesses divested

Consumer Packaging Business

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

Number of businesses planned for divestiture

Number of businesses divested

Discontinued Operations, Number of Businesses Reclassified To Discontinued Operations

Electronic Components Business [Member]

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

Number of businesses planned for divestiture

Number of businesses divested

Packaging Distribution Business

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

Discontinued Operations, Number of Businesses Reclassified To Discontinued Operations

Welding Manufacturing Business

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

Discontinued Operations, Number of Businesses Reclassified To Discontinued Operations

Acquisitions_Details_1

Acquisitions (Details 1) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Acquired Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Goodwill	$4,667	$4,886	$5,530
Series of Individually Immaterial Business Acquisitions
Acquired Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Goodwill	18	247	333
Amortizable intangible assets:
Weighted- Average Life	12 years 10 months 12 days	11 years 4 months 24 days	10 years 8 months 12 days
Premium Recorded	23	181	284
Total intangible assets:
Total premium recorded	41	428	659
Series of Individually Immaterial Business Acquisitions \| Trademarks and brands
Indefinite-lived intangible assets:
Premium Recorded	0	0	42
Series of Individually Immaterial Business Acquisitions \| Customer lists and relationships
Amortizable intangible assets:
Weighted- Average Life	11 years 4 months 12 days	11 years 2 months 12 days	12 years 2 months 12 days
Premium Recorded	12	100	169
Series of Individually Immaterial Business Acquisitions \| Patents and proprietary technology
Amortizable intangible assets:
Weighted- Average Life	15 years 4 months 12 days	9 years 9 months 18 days	8 years 2 months 12 days
Premium Recorded	8	34	38
Series of Individually Immaterial Business Acquisitions \| Trademarks and brands
Amortizable intangible assets:
Weighted- Average Life	12 years 10 months 12 days	15 years 6 months	12 years 9 months 18 days
Premium Recorded	3	35	36
Series of Individually Immaterial Business Acquisitions \| Noncompete agreements
Amortizable intangible assets:
Weighted- Average Life		3 years 9 months 18 days	4 years 6 months
Premium Recorded	0	1	29
Series of Individually Immaterial Business Acquisitions \| Other
Amortizable intangible assets:
Weighted- Average Life		5 years 1 month 6 days	7 years 2 months 12 days
Premium Recorded	$0	$11	$12

Acquisitions_Details_Textual

Acquisitions (Details Textual) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Business Combinations [Abstract]
Net cash paid during the year	$45	$369	$723
Expected tax deductible goodwill recorded for acquisitions	$14	$25	$15

Research_and_Development_Expen1

Research and Development Expenses (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Research and Development Expenses (Textual) [Abstract]
Research and development expenses incurred	$227	$240	$240

Rental_Expense_Details

Rental Expense (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Future minimum lease payments
2015	$105
2016	78
2017	52
2018	35
2019	26
2020 and future years	41
Total	337
Rental Expense (Textual) [Abstract]
Rental Expenses	$130	$138	$144

Advertising_Expenses_Details

Advertising Expenses (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Advertising Expenses [Abstract]
Advertising Expense	$66	$67	$78

Other_Income_Expense_Details

Other Income (Expense) (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Other Nonoperating Income (Expense) [Abstract]
Interest income	$65	$50	$38
Gain (loss) on foreign currency transactions, net	8	-5	-10
Income from investments	8	12	11
Gain (loss) on disposal of operations and affiliates	-6	-5	-2
Equity loss in Wilsonart	-9	-14	-30
Gain on acquisition of controlling interest in an equity investment	0	30	0
Other, net	-5	4	4
Total	$61	$72	$11

Income_Taxes_Details

Income Taxes (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
U.S. federal income taxes:
Current	$413	$410	$474
Deferred	121	84	250
Provision for federal income taxes	534	494	724
Foreign income taxes:
Current	163	153	239
Deferred	66	35	-29
Benefit of net operating loss carryforwards	-13	-13	-30
Provision for foreign income taxes	216	175	180
State income taxes:
Current	50	64	64
Deferred	9	-16	5
Provision for state income taxes	59	48	69
Provision for income taxes	$809	$717	$973

Income_Taxes_Details_1

Income Taxes (Details 1) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income from continuing operations before income taxes
Domestic	$1,669	$1,444	$2,207
Foreign	1,030	903	999
Income from Continuing Operations Before Income Taxes	$2,699	$2,347	$3,206
Reconciliation between the U.S. Federal statutory tax rate and the effective tax rate
U.S. federal statutory tax rate	35.00%	35.00%	35.00%
State income taxes, net of U.S. federal tax benefit	1.60%	1.80%	0.90%
Differences between U.S. federal statutory and foreign tax rates	-3.50%	-3.40%	-2.20%
Nontaxable foreign interest income	-3.60%	-3.50%	-2.80%
Tax effect of foreign dividends	-2.10%	-2.40%	-0.70%
Tax relief for U.S. manufacturers	-1.50%	-1.30%	-1.10%
Other, net	-0.10%	-0.40%	-0.20%
Effective tax rate	30.00%	30.60%	30.30%

Income_Taxes_Details_2

Income Taxes (Details 2) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Valuation Allowance	($530)	($559)
Deferred tax assets	1,353	1,444
Total deferred income tax assets (liabilities)	-1,186	-1,218
Goodwill and intangible assets
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	277	312
Deferred Tax Liabilities, Gross	-758	-795
Inventory reserves, capitalized tax cost and LIFO inventory
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	48	58
Deferred Tax Liabilities, Gross	-1	-5
Investments
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	31	32
Deferred Tax Liabilities, Gross	-273	-288
Plant and equipment
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	26	25
Deferred Tax Liabilities, Gross	-85	-106
Accrued expenses and reserves
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	73	76
Deferred Tax Liabilities, Gross	0	0
Employee benefit accruals
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	324	296
Deferred Tax Liabilities, Gross	0	0
Foreign tax credit carryforwards
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	195	112
Deferred Tax Liabilities, Gross	0	0
Net operating loss carryforwards
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	670	694
Deferred Tax Liabilities, Gross	0	0
Capital loss carryforwards
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	80	91
Deferred Tax Liabilities, Gross	0	0
Allowances for uncollectible accounts
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	11	14
Deferred Tax Liabilities, Gross	0	0
Pension liabilities
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	11	0
Deferred Tax Liabilities, Gross	0	-13
Deferred intercompany deductions
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	14	169
Deferred Tax Liabilities, Gross	0	0
Unrealized loss (gain) on foreign debt instruments
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	0	0
Deferred Tax Liabilities, Gross	-59	0
Other
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	123	124
Deferred Tax Liabilities, Gross	-10	-11
Gross deferred income tax assets (liabilities)
Components of deferred income tax assets and liabilities
Deferred Tax Assets, Gross	1,883	2,003
Deferred Tax Liabilities, Gross	($1,186)	($1,218)

Income_Taxes_Details_3

Income Taxes (Details 3) (USD $)	Dec. 31, 2014
In Millions, unless otherwise specified	Dec. 31, 2014
Gross Net Operating Loss Carryforwards [Abstract]
Gross carryforwards related to net operating losses	$2,365
2015
Gross Net Operating Loss Carryforwards [Abstract]
Gross carryforwards related to net operating losses	2
2016
Gross Net Operating Loss Carryforwards [Abstract]
Gross carryforwards related to net operating losses	4
2017
Gross Net Operating Loss Carryforwards [Abstract]
Gross carryforwards related to net operating losses	18
2018
Gross Net Operating Loss Carryforwards [Abstract]
Gross carryforwards related to net operating losses	9
2019
Gross Net Operating Loss Carryforwards [Abstract]
Gross carryforwards related to net operating losses	12
2020
Gross Net Operating Loss Carryforwards [Abstract]
Gross carryforwards related to net operating losses	72
2021
Gross Net Operating Loss Carryforwards [Abstract]
Gross carryforwards related to net operating losses	75
2022 - 2034
Gross Net Operating Loss Carryforwards [Abstract]
Gross carryforwards related to net operating losses	87
Do Not Expire
Gross Net Operating Loss Carryforwards [Abstract]
Gross carryforwards related to net operating losses	$2,086

Income_Taxes_Details_4

Income Taxes (Details 4) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Changes in the amount of unrecognized tax benefits
Beginning balance	$268	$249	$437
Additions based on tax positions related to the current year	23	26	32
Additions for tax positions of prior years	12	40	62
Reductions for tax positions of prior years	-59	-21	-163
Settlements	-18	-27	-125
Foreign currency translation	-8	1	6
Ending balance	$218	$268	$249

Income_Taxes_Details_5

Income Taxes (Details 5)	12 Months Ended
Income Taxes (Details 5)	Dec. 31, 2014
Minimum \| United States â€“ Federal
Open tax years for the Company's major jurisdictions
Open tax years by major tax jurisdiction	2012
Minimum \| United Kingdom
Open tax years for the Company's major jurisdictions
Open tax years by major tax jurisdiction	2012
Minimum \| Germany
Open tax years for the Company's major jurisdictions
Open tax years by major tax jurisdiction	2009
Minimum \| France
Open tax years for the Company's major jurisdictions
Open tax years by major tax jurisdiction	2007
Minimum \| Australia
Open tax years for the Company's major jurisdictions
Open tax years by major tax jurisdiction	2010
Maximum \| United States â€“ Federal
Open tax years for the Company's major jurisdictions
Open tax years by major tax jurisdiction	2014
Maximum \| United Kingdom
Open tax years for the Company's major jurisdictions
Open tax years by major tax jurisdiction	2014
Maximum \| Germany
Open tax years for the Company's major jurisdictions
Open tax years by major tax jurisdiction	2014
Maximum \| France
Open tax years for the Company's major jurisdictions
Open tax years by major tax jurisdiction	2014
Maximum \| Australia
Open tax years for the Company's major jurisdictions
Open tax years by major tax jurisdiction	2014

Income_Taxes_Details_Textual

Income Taxes (Details Textual) (USD $)	3 Months Ended		12 Months Ended	0 Months Ended
Income Taxes (Details Textual) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2014	Feb. 18, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Undistributed earnings of international subsidiaries			$7,100,000,000		$9,000,000,000
Foreign tax credit carryforwards			195,000,000
Tax positions if recognized would impact effective tax rate			218,000,000
Discrete tax charge related to tax treatment of intercompany financing transactions	40,000,000
Decrease in unrecognized tax benefits resulting from resolution of U.S. tax matter		125,000,000
Discrete tax charge resulting from resolution of U.S. tax matter		35,000,000
Possible decrease in unrecognized tax benefits resulting from ongoing audits			44,000,000
Accrual for interest and penalties related to income tax matters			30,000,000		21,000,000
Internal Revenue Service (IRS) [Member] \| Tax Year 2006 [Member]
Operating Loss Carryforwards [Line Items]
Assessment of additional taxes				$70,000,000

Income_Per_Share_from_Continui2

Income Per Share from Continuing Operations (Details) (USD $)	3 Months Ended								12 Months Ended
In Millions, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income from Continuing Operations
Income from continuing operations	$461	$507	$494	$428	$407	$406	$416	$401	$1,890	$1,630	$2,233
Income per share from continuing operationsâ€”Basic:
Weighted-average common shares (in shares)									401.7	446.2	469.8
Income per share from continuing operationsâ€”Basic	$1.19	$1.29	$1.22	$1.01	$0.93	$0.91	$0.93	$0.89	$4.70	$3.65	$4.75
Income per share from continuing operationsâ€”Diluted:
Weighted-average common shares (in shares)									401.7	446.2	469.8
Effect of dilutive stock options and restricted stock units (in shares)									2.9	3.1	3.4
Weighted-average common shares assuming dilution (in shares)									404.6	449.3	473.2
Income per share from continuing operationsâ€”Diluted (in dollars per share)	$1.18	$1.28	$1.21	$1.01	$0.92	$0.90	$0.92	$0.88	$4.67	$3.63	$4.72
Income Per Share from Continuing Operations (Textual) [Abstract]
Antidilutive options outstanding									0	0.1	0.1

Cash_and_Equivalents_Details

Cash and Equivalents (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Billions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Cash and Cash Equivalents [Abstract]
Interest-bearing instruments	$3.10	$2

Trade_Receivables_Details

Trade Receivables (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Changes in allowances for uncollectible accounts
Beginning balance	($46)	($65)	($65)
Provision charged to expense	-7	-3	-11
Write-offs, net of recoveries	7	14	14
Acquisitions and divestitures	0	-1	0
Foreign currency translation	3	1	-1
Transfer to assets held for sale	0	8	0
Other	0	0	-2
Ending balance	($43)	($46)	($65)

Inventories_Details

Inventories (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Inventories, Net [Abstract]
Raw material	$458	$482
Work-in-process	133	150
Finished goods	677	700
LIFO reserve	-88	-85
Total Inventories	1,180	1,247
Inventories (Textual) [Abstract]
Percentage of total inventories priced at LIFO	22.00%	20.00%
Increase in total inventories if the FIFO method was used for all inventories	$88	$85

Prepaid_Expenses_and_Other_Cur2

Prepaid Expenses and Other Current Assets (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Prepaid Expense and Other Assets, Current [Abstract]
Income tax refunds receivable	$129	$120
Value-added-tax receivables	50	68
Vendor advances	30	30
Other	192	148
Total prepaid expenses and other current assets	$401	$366

Net_Plant_and_Equipment_Detail

Net Plant and Equipment (Details) (USD $)	12 Months Ended
Net Plant and Equipment (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Plant and Equipment (Textual) [Abstract]
Depreciation included in income from continuing operations	$262,000,000	$270,000,000	$277,000,000
Depreciation included in income from discontinued operations	$0	$29,000,000	$46,000,000
Equipment leased to others
Range of useful lives used to depreciate plant and equipment
Useful life of equipment leased to others	Term of Lease
Minimum \| Buildings and improvements
Range of useful lives used to depreciate plant and equipment
Plant and Equipment, Useful Life	5 years
Minimum \| Machinery and equipment
Range of useful lives used to depreciate plant and equipment
Plant and Equipment, Useful Life	3 years
Maximum \| Buildings and improvements
Range of useful lives used to depreciate plant and equipment
Plant and Equipment, Useful Life	50 years
Maximum \| Machinery and equipment
Range of useful lives used to depreciate plant and equipment
Plant and Equipment, Useful Life	12 years

Net_Plant_and_Equipment_Compon

Net Plant and Equipment - Components of Plant and Equipment (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Land	$177	$189
Buildings and improvements	1,200	1,235
Machinery and equipment	3,034	3,145
Equipment leased to others	158	160
Construction in progress	230	143
Gross plant and equipment	4,799	4,872
Accumulated depreciation	-3,113	-3,163
Net plant and equipment	$1,686	$1,709

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets (Details) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Goodwill:
Impairment	$0	$0	$0	$1
Intangible Assets:
Amortization		242	250	252
Impairment		3	2	1
Amortization and impairment of goodwill and other intangible assets		$245	$252	$254

Goodwill_and_Intangible_Assets3

Goodwill and Intangible Assets (Details 1) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, book value		$0	$0	$146
Goodwill, fair value		0	0	145
Goodwill, impairment charges	0	0	0	1
Indefinite-lived intangible, book value		11	42	5
Indefinite-lived intangible asset, fair value		8	40	4
Indefinite-lived intangible assets, total impairment charges		$3	$2	$1

Goodwill_and_Intangible_Assets4

Goodwill and Intangible Assets (Details 2) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Carrying amount of goodwill by segment
Balance, beginning		$4,886	$5,530
Acquisitions & divestitures		8	244
Impairment charges	0	0	0	-1
Foreign currency translation		-227	-32
Transfer to assets held for sale			-814
Balance, ending		4,667	4,886	5,530
Cumulative goodwill impairment charges, December 31, 2014		240
Automotive OEM
Carrying amount of goodwill by segment
Balance, beginning		320	318
Acquisitions & divestitures		-3	0
Impairment charges		0	0
Foreign currency translation		-23	2
Transfer to assets held for sale			0
Balance, ending		294	320
Cumulative goodwill impairment charges, December 31, 2014		24
Test & Measurement and Electronics
Carrying amount of goodwill by segment
Balance, beginning		1,426	1,431
Acquisitions & divestitures		0	2
Impairment charges		0	0	-1
Foreign currency translation		-36	0
Transfer to assets held for sale			-7
Balance, ending		1,390	1,426	1,431
Cumulative goodwill impairment charges, December 31, 2014		83
Food Equipment
Carrying amount of goodwill by segment
Balance, beginning		294	203
Acquisitions & divestitures		0	86
Impairment charges		0	0
Foreign currency translation		-18	5
Transfer to assets held for sale			0
Balance, ending		276	294
Cumulative goodwill impairment charges, December 31, 2014		60
Polymers & Fluids
Carrying amount of goodwill by segment
Balance, beginning		1,021	1,043
Acquisitions & divestitures		3	9
Impairment charges		0	0
Foreign currency translation		-60	-18
Transfer to assets held for sale			-13
Balance, ending		964	1,021
Cumulative goodwill impairment charges, December 31, 2014		15
Welding
Carrying amount of goodwill by segment
Balance, beginning		294	288
Acquisitions & divestitures		0	10
Impairment charges		0	0
Foreign currency translation		-17	-4
Transfer to assets held for sale			0
Balance, ending		277	294
Cumulative goodwill impairment charges, December 31, 2014		5
Construction Products
Carrying amount of goodwill by segment
Balance, beginning		561	603
Acquisitions & divestitures		8	-2
Impairment charges		0	0
Foreign currency translation		-27	-20
Transfer to assets held for sale			-20
Balance, ending		542	561
Cumulative goodwill impairment charges, December 31, 2014		7
Specialty Products
Carrying amount of goodwill by segment
Balance, beginning		970	909
Acquisitions & divestitures		0	139
Impairment charges		0	-42
Foreign currency translation		-46	5
Transfer to assets held for sale			-41
Balance, ending		924	970
Cumulative goodwill impairment charges, December 31, 2014		46
Industrial Packaging
Carrying amount of goodwill by segment
Balance, beginning		0	735
Acquisitions & divestitures		0	0
Impairment charges		0	0
Foreign currency translation		0	-2
Transfer to assets held for sale			-733
Balance, ending		0	0
Cumulative goodwill impairment charges, December 31, 2014		0
Discontinued Operations
Carrying amount of goodwill by segment
Impairment charges			($42)

Goodwill_and_Intangible_Assets5

Goodwill and Intangible Assets (Details 3) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Amortizable intangible assets:
Amortizable intangible assets, Cost	$3,438	$3,378
Amortizable intangible assets, Accumulated Amortization	-1,853	-1,620
Amortizable intangible assets, Net	1,585	1,758
Total intangible assets, Cost	3,652	3,619
Total intangible assets, Net	1,799	1,999
Trademarks
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	214	241
Customer lists and relationships
Amortizable intangible assets:
Amortizable intangible assets, Cost	1,638	1,631
Amortizable intangible assets, Accumulated Amortization	-820	-691
Amortizable intangible assets, Net	818	940
Patents and proprietary technology
Amortizable intangible assets:
Amortizable intangible assets, Cost	622	588
Amortizable intangible assets, Accumulated Amortization	-354	-311
Amortizable intangible assets, Net	268	277
Trademarks and brands
Amortizable intangible assets:
Amortizable intangible assets, Cost	707	689
Amortizable intangible assets, Accumulated Amortization	-249	-207
Amortizable intangible assets, Net	458	482
Software
Amortizable intangible assets:
Amortizable intangible assets, Cost	204	202
Amortizable intangible assets, Accumulated Amortization	-192	-188
Amortizable intangible assets, Net	12	14
Noncompete agreements
Amortizable intangible assets:
Amortizable intangible assets, Cost	155	155
Amortizable intangible assets, Accumulated Amortization	-137	-125
Amortizable intangible assets, Net	18	30
Other
Amortizable intangible assets:
Amortizable intangible assets, Cost	112	113
Amortizable intangible assets, Accumulated Amortization	-101	-98
Amortizable intangible assets, Net	$11	$15

Goodwill_and_Intangible_Assets6

Goodwill and Intangible Assets (Details 4) (USD $)	Dec. 31, 2014
In Millions, unless otherwise specified	Dec. 31, 2014
Estimated amortization expense of intangible assets
2015	$229
2016	216
2017	195
2018	175
2019	$152

Goodwill_and_Intangible_Assets7

Goodwill and Intangible Assets (Details Textual) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Goodwill and Intangible Assets (Textual) [Abstract]
Amortization of intangible assets		$242	$250	$252
Goodwill, impairment charges	0	0	0	1
Discontinued Operations
Goodwill and Intangible Assets (Textual) [Abstract]
Amortization of intangible assets			20	36
Goodwill, impairment charges			42
Minimum
Goodwill and Intangible Assets (Textual) [Abstract]
Estimated useful lives of amortized intangible assets		3 years
Maximum
Goodwill and Intangible Assets (Textual) [Abstract]
Estimated useful lives of amortized intangible assets		20 years
Polymers and Fluids, Test and Measurement, and Electronics Segments
Goodwill and Intangible Assets (Textual) [Abstract]
Intangible asset impairment	3
Test & Measurement and Electronics
Goodwill and Intangible Assets (Textual) [Abstract]
Goodwill, impairment charges		0	0	1
Intangible asset impairment			2
Food Equipment
Goodwill and Intangible Assets (Textual) [Abstract]
Goodwill, impairment charges		0	0
Intangible asset impairment				$1

Other_Assets_Details

Other Assets (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Summary of Other Assets
Cash surrender value of life insurance policies	$418	$400
Prepaid pension assets	165	134
Equity investment in Wilsonart	141	164
Investments	110	130
Customer tooling	96	110
Other	219	259
Other Assets	$1,149	$1,197

Accrued_Expenses_Details

Accrued Expenses (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Accrued Expenses
Compensation and employee benefits	$441	$462
Deferred revenue and customer deposits	194	207
Rebates	128	127
Warranties	49	50
Current portion of pension and other postretirement benefit obligations	14	21
Other	461	405
Accrued expenses	1,287	1,272
Changes in Accrued Product Warranties
Beginning balance	50	51	55
Charges	-41	-44	-44
Provision charged to expense	43	43	44
Acquisitions and divestitures	0	2	-4
Foreign currency translation	-3	1	0
Transfer to liabilities held for sale	0	-3	0
Ending balance	$49	$50	$51

Debt_Schedule_of_ShortTerm_Deb

Debt - Schedule of Short-Term Debt (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Debt Disclosure [Abstract]
Commercial Paper	$1,413	$1,652
Bank Overdrafts	62	65
Current maturities of long-term debt	1	1,834
Total	$1,476	$3,551

Debt_ShortTerm_Debt_Narrative_

Debt - Short-Term Debt Narrative (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2007
Short-term Debt [Line Items]
Long-term line of credit agreement	2,500,000,000
Line of credit, amounts outstanding	0
Unused capacity under international debt facilities	330,000,000
Current maturities of long-term debt	1,000,000	1,834,000,000
Commercial Paper
Short-term Debt [Line Items]
Weighted average interest rate	0.10%	0.20%
Line of Credit Terminating June 8, 2017
Short-term Debt [Line Items]
Long-term line of credit agreement	1,500,000,000
Line of Credit Terminating August 15, 2018
Short-term Debt [Line Items]
Long-term line of credit agreement	1,000,000,000
Euro Notes
Short-term Debt [Line Items]
Interest rate, stated percentage	5.25%	5.25%	5.25%
4.88% Notes Payable in 2015 \| Notes Payable
Short-term Debt [Line Items]
Current maturities of long-term debt	1,000,000
Interest rate, stated percentage	4.88%
5.25% Euro Notes Due October 1, 2014 \| Euro Notes
Short-term Debt [Line Items]
Current maturities of long-term debt		1,000,000,000
Interest rate, stated percentage		5.25%
5.15% Redeemable Notes Due April 1, 2014 \| Redeemable Notes
Short-term Debt [Line Items]
Current maturities of long-term debt		800,000,000
Interest rate, stated percentage		5.15%

Debt_LongTerm_Debt_Carrying_an

Debt - Long-Term Debt Carrying and Fair Values (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Long-Term Debt
Long-term debt including current maturities	$5,982	$4,627
Long-term debt, fair value	6,431	4,670
Current maturities	-1	-1,834
Long-term debt excluding current maturities	5,981	2,793
5.15% notes due April 1, 2014
Long-Term Debt
Long-term debt including current maturities	0	800
Long-term debt, fair value	0	809
Effective interest rate	5.20%
5.25% Euro notes due October 1, 2014
Long-Term Debt
Long-term debt including current maturities	0	1,031
Long-term debt, fair value	0	1,067
Effective interest rate	5.30%
0.9% Notes Due February 25, 2017 [Member]
Long-Term Debt
Long-term debt including current maturities	649	0
Long-term debt, fair value	648	0
Effective interest rate	0.90%
1.95% Notes Due March 1, 2019 [Member]
Long-Term Debt
Long-term debt including current maturities	649	0
Long-term debt, fair value	651	0
Effective interest rate	2.00%
6.25% notes due April 1, 2019
Long-Term Debt
Long-term debt including current maturities	700	700
Long-term debt, fair value	817	834
Effective interest rate	6.30%
4.88% notes due thru December 31, 2020
Long-Term Debt
Long-term debt including current maturities	5	7
Long-term debt, fair value	6	8
Effective interest rate	5.00%
3.375% notes due September 15, 2021
Long-Term Debt
Long-term debt including current maturities	349	349
Long-term debt, fair value	369	350
Effective interest rate	3.40%
1.75% Euro Notes Due May 20, 2022 [Member]
Long-Term Debt
Long-term debt including current maturities	600	0
Long-term debt, fair value	640	0
Effective interest rate	1.90%
3.5% Notes Due March 1, 2024 [Member]
Long-Term Debt
Long-term debt including current maturities	698	0
Long-term debt, fair value	735	0
Effective interest rate	3.50%
3.0% Euro Notes Due May 19, 2034 [Member]
Long-Term Debt
Long-term debt including current maturities	594	0
Long-term debt, fair value	702	0
Effective interest rate	3.10%
4.875% notes due September 15, 2041
Long-Term Debt
Long-term debt including current maturities	641	641
Long-term debt, fair value	746	649
Effective interest rate	4.90%
3.9% notes due September 1, 2042
Long-Term Debt
Long-term debt including current maturities	1,090	1,090
Long-term debt, fair value	1,110	944
Effective interest rate	4.00%
Other borrowings
Long-Term Debt
Long-term debt including current maturities	7	9
Long-term debt, fair value	$7	$9

Debt_LongTerm_Debt_Narrative_D

Debt - Long-Term Debt Narrative (Details)

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2005

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2007

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2009

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2009

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2011

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2011

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Feb. 28, 2014

31-May-14

Dec. 31, 2014

31-May-14

4.88% notes due thru December 31, 2020

5.25% Euro notes due October 1, 2014

5.15% notes due April 1, 2014

6.25% notes due April 1, 2019

3.375% notes due September 15, 2021

4.875% notes due September 15, 2041

3.9% notes due September 1, 2042

0.9% Notes Due February 25, 2017 [Member]

1.95% Notes Due March 1, 2019 [Member]

3.5% Notes Due March 1, 2024 [Member]

1.75% Euro Notes Due May 20, 2022 [Member]

3.0% Euro Notes Due May 19, 2034 [Member]

Net Investment Hedging [Member]

USD ($)

EUR (€)

USD ($)

Euro Notes [Member]

EUR (€)

USD ($)

EUR (€)

Long-Term Debt (Textual) [Abstract]

Face value of notes

$54,000,000

€ 750,000,000

$800,000,000

$700,000,000

$350,000,000

$650,000,000

$1,100,000,000

$650,000,000

$700,000,000

€ 500,000,000

€ 1,000,000,000

Interest rate, stated percentage

4.88%

5.25%

5.15%

6.25%

3.38%

4.88%

3.90%

0.90%

1.95%

3.50%

1.75%

3.00%

Debt Instrument, Discount Rate on Face Amount Issued

99.86%

Percentage of face value of notes issued

100.00%

99.87%

99.92%

99.98%

99.55%

98.54%

99.04%

99.87%

99.65%

99.16%

98.09%

Unrealized gain recorded in AOCI related to net investment hedge

$158,000,000

Debt_Maturities_of_LongTerm_De

Debt - Maturities of Long-Term Debt (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Scheduled maturities of long-term debt
2015	$1
2016	1
2017	650
2018	0
2019	1,349
2020 and future years	3,981
Long-term debt including current maturities	$5,982	$4,627

Pension_and_Other_Postretireme2

Pension and Other Postretirement Benefits (Details) (USD $)	3 Months Ended								12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Components of net periodic benefit cost:
Income from continuing operations	$461	$507	$494	$428	$407	$406	$416	$401	$1,890	$1,630	$2,233
Income from Discontinued Operations	-11	24	998	45	1	46	49	-47	1,056	49	637
Net Income	450	531	1,492	473	408	452	465	354	2,946	1,679	2,870
Pension
Components of net periodic benefit cost:
Service cost									80	87	100
Interest cost									103	100	107
Expected return on plan assets									-159	-157	-157
Amortization of actuarial (gain) loss									48	65	57
Amortization of prior service cost									1	0	1
Settlement/curtailment (gain) loss									1	49	14
Net periodic benefit cost (income)									74	144	122
Income from continuing operations									69	131	112
Income from Discontinued Operations									5	13	10
Net Income									74	144	122
Other Postretirement Benefits
Components of net periodic benefit cost:
Service cost									10	12	13
Interest cost									24	24	27
Expected return on plan assets									-25	-22	-20
Amortization of actuarial (gain) loss									-4	1	1
Amortization of prior service cost									1	1	3
Settlement/curtailment (gain) loss									-9	0	0
Net periodic benefit cost (income)									-3	16	24
Income from continuing operations									6	14	22
Income from Discontinued Operations									-9	2	2
Net Income									($3)	$16	$24

Pension_and_Other_Postretireme3

Pension and Other Postretirement Benefits (Details 1) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Pension
Change in benefit obligation:
Benefit obligation at January 1	$2,545	$2,655
Service cost	80	87	100
Interest cost	103	100	107
Plan participantsâ€™ contributions	3	5
Amendments	-5	0
Actuarial (gain) loss	240	-68
Acquisitions/divestitures	-97	-12
Benefits paid	-192	-247
Medicare subsidy received	0	0
Liabilities from (to) other immaterial plans	0	10
Settlement/curtailment (gain) loss	-2	-1
Foreign currency translation	-68	16
Benefit obligation at December 31	2,607	2,545	2,655
Other Postretirement Benefits
Change in benefit obligation:
Benefit obligation at January 1	519	589
Service cost	10	12	13
Interest cost	24	24	27
Plan participantsâ€™ contributions	13	15
Amendments	0	0
Actuarial (gain) loss	97	-77
Acquisitions/divestitures	-18	0
Benefits paid	-46	-47
Medicare subsidy received	2	3
Liabilities from (to) other immaterial plans	0	0
Settlement/curtailment (gain) loss	-10	0
Foreign currency translation	0	0
Benefit obligation at December 31	$591	$519	$589

Pension_and_Other_Postretireme4

Pension and Other Postretirement Benefits (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Pension
Change in plan assets:
Fair value of plan assets at January 1	$2,487	$2,288
Actual return on plan assets	264	294
Company contributions	127	136
Plan participantsâ€™ contributions	3	5
Acquisitions/divestitures	-65	-16
Benefits paid	-192	-247
Assets from immaterial plans	0	12
Foreign currency translation	-67	15
Fair value of plan assets at December 31	2,557	2,487
Funded status
Funded status	-50	-58
Other immaterial plans	-52	-61
Net liability at December 31	-102	-119
Other Postretirement Benefits
Change in plan assets:
Fair value of plan assets at January 1	370	328
Actual return on plan assets	28	66
Company contributions	7	8
Plan participantsâ€™ contributions	13	15
Acquisitions/divestitures	0	0
Benefits paid	-46	-47
Assets from immaterial plans	0	0
Foreign currency translation	0	0
Fair value of plan assets at December 31	372	370
Funded status
Funded status	-219	-149
Other immaterial plans	-5	-6
Net liability at December 31	($224)	($155)

Pension_and_Other_Postretireme5

Pension and Other Postretirement Benefits (Details 4) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
The amounts recognized in the statement of financial position as of December 31 consist of:
Accrued expenses and liabilities held for sale	($14)	($21)
Pension
The amounts recognized in the statement of financial position as of December 31 consist of:
Net liability at December 31	-102	-119
The pre-tax amounts recognized in accumulated other comprehensive income consist of:
Net actuarial loss	638	568
Prior service cost	1	6
Net Loss, Prior service cost and Net transaction obligation, Total	639	574
Accumulated benefit obligation	2,361	2,273
Plans with accumulated benefit obligation in excess of plan assets as of December 31:
Projected benefit obligation	168	263
Accumulated benefit obligation	154	249
Fair value of plan assets	26	91
Other Postretirement Benefits
The amounts recognized in the statement of financial position as of December 31 consist of:
Net liability at December 31	-224	-155
The pre-tax amounts recognized in accumulated other comprehensive income consist of:
Net actuarial loss	-6	-112
Prior service cost	-1	0
Net Loss, Prior service cost and Net transaction obligation, Total	-7	-112
Other Noncurrent Liabilities [Member] \| Pension
The amounts recognized in the statement of financial position as of December 31 consist of:
Other noncurrent liabilities	-257	-213
Other Noncurrent Liabilities [Member] \| Other Postretirement Benefits
The amounts recognized in the statement of financial position as of December 31 consist of:
Other noncurrent liabilities	-220	-127
Liabilities Held for Sale [Member] \| Pension
The amounts recognized in the statement of financial position as of December 31 consist of:
Accrued expenses and liabilities held for sale	0	-24
Liabilities Held for Sale [Member] \| Other Postretirement Benefits
The amounts recognized in the statement of financial position as of December 31 consist of:
Accrued expenses and liabilities held for sale	0	-23
Accrued Liabilities [Member] \| Pension
The amounts recognized in the statement of financial position as of December 31 consist of:
Accrued expenses and liabilities held for sale	-10	-16
Accrued Liabilities [Member] \| Other Postretirement Benefits
The amounts recognized in the statement of financial position as of December 31 consist of:
Accrued expenses and liabilities held for sale	-4	-5
Other Assets [Member] \| Pension
The amounts recognized in the statement of financial position as of December 31 consist of:
Other assets	165	134
Other Assets [Member] \| Other Postretirement Benefits
The amounts recognized in the statement of financial position as of December 31 consist of:
Other assets	$0	$0

Pension_and_Other_Postretireme6

Pension and Other Postretirement Benefits (Details 5) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Postretirement benefit obligation
Health care cost trend rate assumed for the next year	8.00%	8.00%	7.35%
Ultimate trend rate	4.50%	5.00%	5.00%
Year the rate reaches the ultimate trend rate	2022	2020	2019
One-percentage-point change in assumed health care cost trend rates
1-Percentage-Point Increase - Change in service cost and interest cost	1
1-Percentage-Point Decrease - Change in service cost and interest cost	-1
1-Percentage-Point Increase - Change in postretirement benefit obligation	13
1-Percentage-Point Decrease - Change in postretirement benefit obligation	-15
Pension
Assumptions used to determine benefit obligations at December 31:
Discount rate	3.70%	4.32%	3.85%
Rate of compensation increases	3.72%	3.72%	3.86%
Assumptions used to determine net periodic benefit cost for years ended December 31:
Discount rate	4.32%	3.85%	4.64%
Expected return on plan assets	7.02%	7.28%	7.23%
Rate of compensation increases	3.72%	3.86%	3.86%
Other Postretirement Benefits
Assumptions used to determine benefit obligations at December 31:
Discount rate	4.15%	4.95%	4.15%
Rate of compensation increases	0.00%	0.00%	0.00%
Assumptions used to determine net periodic benefit cost for years ended December 31:
Discount rate	4.95%	4.15%	4.95%
Expected return on plan assets	7.00%	7.00%	7.00%
Rate of compensation increases	0.00%	0.00%	0.00%

Pension_and_Other_Postretireme7

Pension and Other Postretirement Benefits (Details 6) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	$2,557	$2,487	$2,288
Other Postretirement Benefits
Defined benefit plan assets for plan benefits
Fair value of plan assets	372	370	328
Cash and equivalents \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	164	27
Cash and equivalents \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	164	27
Cash and equivalents \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Cash and equivalents \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Cash and equivalents \| Other Postretirement Benefits
Defined benefit plan assets for plan benefits
Fair value of plan assets	11	9
Cash and equivalents \| Other Postretirement Benefits \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	11	9
Cash and equivalents \| Other Postretirement Benefits \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Cash and equivalents \| Other Postretirement Benefits \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Domestic \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	1	0
Domestic \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	1	0
Domestic \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Domestic \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Foreign \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	72	77
Foreign \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	72	77
Foreign \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Foreign \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Government securities \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	286	314
Government securities \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Government securities \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	286	314
Government securities \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Corporate debt securities \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	378	316
Corporate debt securities \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Corporate debt securities \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	378	316
Corporate debt securities \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Mortgage-backed securities \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	8	10
Mortgage-backed securities \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Mortgage-backed securities \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	8	10
Mortgage-backed securities \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Investment contracts with insurance companies \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	1	67
Investment contracts with insurance companies \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Investment contracts with insurance companies \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Investment contracts with insurance companies \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	1	67
Mutual funds \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	317	459
Mutual funds \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	317	459
Mutual funds \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Mutual funds \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Collective trust funds \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	1,252	1,135
Collective trust funds \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Collective trust funds \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	1,252	1,135
Collective trust funds \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Partnerships/private equity interests \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	77	81
Partnerships/private equity interests \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Partnerships/private equity interests \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Partnerships/private equity interests \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	77	81
Other \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	1	1
Other \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Other \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	1
Other \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	1	0
Pension plan assets net \| Pension
Defined benefit plan assets for plan benefits
Fair value of plan assets	2,557	2,487
Pension plan assets net \| Pension \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	554	563
Pension plan assets net \| Pension \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	1,924	1,776
Pension plan assets net \| Pension \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	79	148
Other Postretirement Benefit Plan Assets: \| Other Postretirement Benefits
Defined benefit plan assets for plan benefits
Fair value of plan assets	372	370
Other Postretirement Benefit Plan Assets: \| Other Postretirement Benefits \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	11	9
Other Postretirement Benefit Plan Assets: \| Other Postretirement Benefits \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Other Postretirement Benefit Plan Assets: \| Other Postretirement Benefits \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	361	361
Life insurance policies \| Other Postretirement Benefits
Defined benefit plan assets for plan benefits
Fair value of plan assets	361	361
Life insurance policies \| Other Postretirement Benefits \| Level 1
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Life insurance policies \| Other Postretirement Benefits \| Level 2
Defined benefit plan assets for plan benefits
Fair value of plan assets	0	0
Life insurance policies \| Other Postretirement Benefits \| Level 3
Defined benefit plan assets for plan benefits
Fair value of plan assets	$361	$361

Pension_and_Other_Postretireme8

Pension and Other Postretirement Benefits (Details 7) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Level 3 assets measured at fair value for pension and other postretirement benefit plans
Beginning Balance	$509	$453
Realized gains (losses)	2	7
Unrealized gains (losses)	28	71
Purchases and sales	-33	-22
Acquistions/divestitures	-66
Ending Balance	440	509
Investment contracts with insurance companies
Level 3 assets measured at fair value for pension and other postretirement benefit plans
Beginning Balance	67	75
Realized gains (losses)	0	0
Unrealized gains (losses)	0	5
Purchases and sales	0	-13
Acquistions/divestitures	-66
Ending Balance	1	67
Partnerships/ Private Equity Interests
Level 3 assets measured at fair value for pension and other postretirement benefit plans
Beginning Balance	81	84
Realized gains (losses)	0	7
Unrealized gains (losses)	2	-1
Purchases and sales	-6	-9
Acquistions/divestitures	0
Ending Balance	77	81
Life insurance policies
Level 3 assets measured at fair value for pension and other postretirement benefit plans
Beginning Balance	361	294
Realized gains (losses)	2	0
Unrealized gains (losses)	26	67
Purchases and sales	-28	0
Acquistions/divestitures	0
Ending Balance	361	361
Other
Level 3 assets measured at fair value for pension and other postretirement benefit plans
Beginning Balance	0	0
Realized gains (losses)	0	0
Unrealized gains (losses)	0	0
Purchases and sales	1	0
Acquistions/divestitures	0
Ending Balance	$1	$0

Pension_and_Other_Postretireme9

Pension and Other Postretirement Benefits (Details 8) (USD $)	Dec. 31, 2014
In Millions, unless otherwise specified	Dec. 31, 2014
Pension
Portion of the benefit payments are expected to be paid
2015	$206
2016	172
2017	179
2018	179
2019	180
Years 2020-2024	895
Other Postretirement Benefits
Portion of the benefit payments are expected to be paid
2015	37
2016	37
2017	38
2018	39
2019	40
Years 2020-2024	$206

Recovered_Sheet1

Pension and Other Postretirement Benefits (Details Textual) (USD $)	12 Months Ended			3 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2014	Sep. 30, 2013
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan expenses	$78	$72	$78
Pension
Defined Benefit Plan Disclosure [Line Items]
Pension settlement charge related to exit of employees from plan	1	49	14
Increase in actuarial loss	76
Expected current year contributions for pension and other postretirement plans	100
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Pension settlement charge related to exit of employees from plan	-9	0	0
Curtailment gain (loss)				9
Increase in actuarial loss	46
Expected current year contributions for pension and other postretirement plans	5
Equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocation for plan assets in equity securities, minimum	30.00%
Target allocation for plan assets in equity securities, maximum	50.00%
Debt securities
Defined Benefit Plan Disclosure [Line Items]
Target allocation for plan assets in equity securities, minimum	45.00%
Target allocation for plan assets in equity securities, maximum	60.00%
Other plan assets
Defined Benefit Plan Disclosure [Line Items]
Target allocation for plan assets in equity securities, minimum	0.00%
Target allocation for plan assets in equity securities, maximum	10.00%
Decorative Surfaces \| Pension
Defined Benefit Plan Disclosure [Line Items]
Pension settlement charge related to exit of employees from plan		45
Industrial Packaging \| Pension
Defined Benefit Plan Disclosure [Line Items]
Curtailment gain (loss)					($2)

Other_Noncurrent_Liabilities_D

Other Noncurrent Liabilities (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Other Noncurrent Liabilities
Pension benefit obligation	$257	$213
Postretirement benefit obligation	220	127
Other	525	583
Other Noncurrent Liabilities	$1,002	$923

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Summary of Common Stock, Additional Paid in Capital and Common Stock Held in Treasury
Shares issued for stock options, shares	3,000,000
Common Stock
Summary of Common Stock, Additional Paid in Capital and Common Stock Held in Treasury
Beginning Balance, shares		549,600,000	542,500,000
Beginning Balance, amount		$5	$5
Shares issued for stock options, shares		400,000	6,300,000
Shares issued for stock options, amount		1
Shares issued for stock compensation and vesting of restricted stock, shares			800,000
Ending Balance, shares	-550,000,000	-550,000,000	-549,600,000
Ending Balance, amount	6	6	5
Authorized Ending Balance	700,000,000
Additional Paid-in Capital
Summary of Common Stock, Additional Paid in Capital and Common Stock Held in Treasury
Beginning Balance, amount	1,046	1,012	686
Shares issued for stock options, amount		9	285
Shares withheld for Taxes, Value			1
Shares issued for stock compensation and vesting of restricted stock, amount	-26	-28	-10
Stock compensation expense	39	36	54
Noncontrolling interest		-8	-22
Tax benefits related to stock options	33	23	14
Tax benefits related to defined contribution plans	4	2	4
Ending Balance, amount	1,096	1,046	1,012
Common Stock Held in Treasury
Summary of Common Stock, Additional Paid in Capital and Common Stock Held in Treasury
Beginning Balance, shares	120,100,000	94,800,000	58,900,000
Beginning Balance, amount	-6,676	-4,722	-2,692
Shares issued for stock options, shares	3,000,000	4,000,000
Shares issued for stock options, amount	148	198
Shares withheld for taxes, shares	-100,000	-200,000	-300,000
Shares withheld for Taxes, Value	-14	-11	-19
Shares issued for stock compensation and vesting of restricted stock, shares	500,000	600,000	200,000
Shares issued for stock compensation and vesting of restricted stock, amount	26	28	9
Stock compensation expense		1
Tax benefits related to defined contribution plans	1
Repurchases of common stock, shares	-50,400,000	-29,700,000	-35,500,000
Repurchases of common stock, amount	-4,283	-2,170	-2,020
Ending Balance, shares	-167,100,000	-120,100,000	-94,800,000
Ending Balance, amount	($10,798)	($6,676)	($4,722)

Stockholders_Equity_Details_1

Stockholders' Equity (Details 1) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance				$224
Ending balance	-658	384	293	224
Accumulated Translation Adjustment
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Foreign currency translation adjustments during the period	-806	-200	146
Foreign currency translation adjustments reclassified to income	-133	7	-52
Total adjustments	-939	-193	94
Accumulated Defined Benefit Plans Adjustment
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Pension and other postretirement benefit adjustments during the period	-224	327	-159
Pension and other postretirement benefit adjustments reclassified to income	54	122	121
Income taxes	67	-165	13
Total adjustments	($103)	$284	($25)

Stockholders_Equity_Details_Te

Stockholders' Equity (Details Textual) (USD $)	1 Months Ended	12 Months Ended
Stockholders' Equity (Details Textual) (USD $)	Dec. 31, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	6-May-11	Aug. 02, 2013
Shareholders Equity (Textual) [Abstract]
Preferred stock, shares authorized		300,000
Common stock, par value		$0.01
Cash dividend declared per share		$1.81	$1.60	$1.48
Cash dividend paid per share		$1.75	$1.18	$1.84
Accelerated cash dividends per share	$0.38
Cumulative translation adjustment (income) expense included in accumulated comprehensive income		$265,000,000	($674,000,000)
Unrecognized pension and other postretirement benefits costs included in accumulated comprehensive income		393,000,000	290,000,000
Pension
Shareholders Equity (Textual) [Abstract]
Estimated unrecognized benefit cost that will be amortized from accumulated other comprehensive income into net periodic benefit cost in 2015		62,000,000
Other Postretirement Benefits
Shareholders Equity (Textual) [Abstract]
Estimated unrecognized benefit cost that will be amortized from accumulated other comprehensive income into net periodic benefit cost in 2015		62,000,000
2011 Program
Shareholders Equity (Textual) [Abstract]
Stock repurchase program, authorized amount						4,000,000,000
Shares repurchased			26,400,000	35,500,000	1,800,000
Shares repurchased average price			$71.89	$56.93	$43.20
Authorized repurchases remaining under the repurchase program			0
2013 Program
Shareholders Equity (Textual) [Abstract]
Stock repurchase program, authorized amount							6,000,000,000
Shares repurchased		50,400,000	3,300,000
Shares repurchased average price		$84.92	$81.62
Authorized repurchases remaining under the repurchase program		1,400,000,000
Accumulated Defined Benefit Plans Adjustment
Shareholders Equity (Textual) [Abstract]
Pension and other postretirement benefit adjustments reclassified to income		-54,000,000	-122,000,000	-121,000,000
Discontinued Operations \| Accumulated Defined Benefit Plans Adjustment
Shareholders Equity (Textual) [Abstract]
Pension and other postretirement benefit adjustments reclassified to income		$6,000,000	$6,000,000	$11,000,000

StockBased_Compensation_Detail

Stock-Based Compensation (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Summary of stock-based compensation expense
Pre-tax compensation expense	$34	$30	$50
Tax benefit	-12	-10	-18
Total stock-based compensation expense, net of tax	$22	$20	$32

StockBased_Compensation_Detail1

Stock-Based Compensation (Details 1) (USD $)	12 Months Ended
In Millions, except Per Share data, unless otherwise specified	Dec. 31, 2014
Summary of activity related to non-vested restricted stock units
Number of Shares, Unvested, January 1, 2014	1.4
Number of Shares, Granted	0.3
Number of Shares, Vested	-0.6
Number of Shares, Canceled	-0.1
Number of Shares, Unvested, December 31, 2014	1
Weighted average grant date fair value related to non-vested restricted stock units
Weighted-Average Grant-Date Fair Value, Unvested, January 1, 2014	$54.02
Weighted Average Grant Date Fair Value, Granted	$73.61
Weighted Average Grant Date Fair Value, Vested	$52.15
Weighted Average Grant Date Fair Value, Cancelled	$57.50
Weighted-Average Grant-Date Fair Value, Unvested, December 31, 2014	$60.68

StockBased_Compensation_Detail2

Stock-Based Compensation (Details 2) (USD $)	12 Months Ended
In Millions, except Per Share data, unless otherwise specified	Dec. 31, 2014
Option Activity [Roll Forward]
Number of Shares, Under Option, January 1, 2014	9.4
Number of Shares, Granted	0.8
Number of Shares, Exercised	-3
Number of Shares, Cancelled or Expired	-0.1
Number of Shares, Under Option, December 31, 2014	7.1
Options Weighted Average Exercise Price [Roll Forward]
Weighted-Average Exercise Price, Under Option, January 1, 2014	$51.95
Weighted-Average Exercise Price, Granted	$78.71
Weighted-Average Exercise Price, Exercised	$49.02
Weighted-Average Exercise Price, Cancelled or Expired	$60.55
Weighted-Average Exercise Price, Under Option, December 31, 2014	$56.25
Number of Shares, Exercisable, December 31, 2014	4.7
Weighted-Average Exercise Price, Exercisable, December 31, 2014	$51.02
Weighted-Average Remaining Contractual Term, Under Option, December 31, 2014	5 years 10 months 12 days
Weighted-Average Remaining Contractual Term, Exercisable, December 31, 2014	4 years 10 months 12 days
Aggregate Intrinsic Value, Under Option, December 31, 2014	$272
Aggregate Intrinsic Value, Exercisable, December 31, 2014	$207

StockBased_Compensation_Detail3

Stock-Based Compensation (Details 3)	12 Months Ended
Stock-Based Compensation (Details 3)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Summary of assumptions used in option models
Risk-free interest rate, minimum	0.16%	0.20%	0.20%
Risk-free interest rate, maximum	2.83%	2.90%	2.10%
Weighted-average volatility	22.90%	21.10%	25.00%
Dividend yield	2.46%	2.72%	2.61%
Minimum
Summary of assumptions used in option models
Expected years until exercise	6 years 8 months 12 days	6 years 7 months 6 days	7 years 7 months 6 days
Maximum
Summary of assumptions used in option models
Expected years until exercise	7 years 10 months 24 days	7 years 7 months 6 days	7 years 9 months 18 days

StockBased_Compensation_Detail4

Stock-Based Compensation (Details Textual) (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance under ITW's 2011 Long-Term Incentive Plan	34,000,000
Allocated share-based compensation expense	$34	$30	$50
Number of shares for each vested RSU or PRSU award	1
Weighted-average grant-date fair value of options granted	$15.14	$10.06	$11.48
Aggregate intrinsic value of options exercised	115	108	84
Cash receipts from exercise of options	148	206	285
Total fair value of vested stock option awards	16	16	48
Total fair value of vested restricted stock unit awards	27	23	31
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award expiration period	10 years
Total unrecognized compensation cost related to non-vested stock awards	13
Weighted-average period (years) to recognize total unrecognized compensation cost	2 years 4 months 12 days
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost related to non-vested stock awards	16
Weighted-average period (years) to recognize total unrecognized compensation cost	1 year 8 months 12 days
Periodic Vesting \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years
Cliff Vesting \| Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Cliff Vesting \| Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Discontinued Operations
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	$5	$6	$4

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended								12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating revenues:
Operating Revenues by Operating Segment	$3,504	$3,692	$3,719	$3,569	$3,554	$3,568	$3,593	$3,420	$14,484	$14,135	$14,791
Operating income:
Operating income	686	772	763	667	628	678	630	578	2,888	2,514	2,475
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									507	613	613
Plant and equipment additions:
Plant and equipment additions									361	368	382
Identifiable assets:
Identifiable assets	17,678				19,966				17,678	19,966	19,309
Industrial Packaging
Identifiable assets:
Identifiable assets	0				0				0	0	1,786
Discontinued Operations
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									0	91	82
Plant and equipment additions:
Plant and equipment additions									3	31	43
Operating Segments
Operating income:
Operating income									2,958	2,641	2,458
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									507	522	514
Plant and equipment additions:
Plant and equipment additions									358	337	321
Identifiable assets:
Identifiable assets	11,375				12,131				11,375	12,131	12,171
Operating Segments \| Automotive OEM
Operating revenues:
Operating Revenues by Operating Segment									2,590	2,396	2,171
Operating income:
Operating income									600	490	421
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									79	80	70
Plant and equipment additions:
Plant and equipment additions									96	119	112
Identifiable assets:
Identifiable assets	1,454				1,571				1,454	1,571	1,526
Operating Segments \| Test & Measurement and Electronics
Operating revenues:
Operating Revenues by Operating Segment									2,204	2,176	2,299
Operating income:
Operating income									340	321	342
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									115	119	122
Plant and equipment additions:
Plant and equipment additions									56	39	36
Identifiable assets:
Identifiable assets	2,615				2,772				2,615	2,772	2,851
Operating Segments \| Food Equipment
Operating revenues:
Operating Revenues by Operating Segment									2,177	2,047	1,939
Operating income:
Operating income									453	385	332
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									52	50	47
Plant and equipment additions:
Plant and equipment additions									47	37	34
Identifiable assets:
Identifiable assets	1,123				1,184				1,123	1,184	979
Operating Segments \| Polymers & Fluids
Operating revenues:
Operating Revenues by Operating Segment									1,927	1,993	2,063
Operating income:
Operating income									357	335	327
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									99	103	102
Plant and equipment additions:
Plant and equipment additions									28	28	29
Identifiable assets:
Identifiable assets	2,257				2,420				2,257	2,420	2,540
Operating Segments \| Welding
Operating revenues:
Operating Revenues by Operating Segment									1,850	1,837	1,847
Operating income:
Operating income									479	464	470
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									38	37	34
Plant and equipment additions:
Plant and equipment additions									36	35	38
Identifiable assets:
Identifiable assets	879				936				879	936	914
Operating Segments \| Construction Products
Operating revenues:
Operating Revenues by Operating Segment									1,707	1,717	1,724
Operating income:
Operating income									289	238	201
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									43	49	57
Plant and equipment additions:
Plant and equipment additions									41	32	29
Identifiable assets:
Identifiable assets	1,249				1,309				1,249	1,309	1,463
Operating Segments \| Specialty Products
Operating revenues:
Operating Revenues by Operating Segment									2,055	2,007	1,871
Operating income:
Operating income									440	408	365
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									81	84	82
Plant and equipment additions:
Plant and equipment additions									54	47	43
Identifiable assets:
Identifiable assets	1,798				1,939				1,798	1,939	1,898
Intersegment Revenues \| Intersegment revenues
Operating revenues:
Operating Revenues by Operating Segment									-26	-38	-44
Operating Segments, Including Intersegment Revenues
Operating revenues:
Operating Revenues by Operating Segment									14,484	14,135	13,870
Decorative Surfaces
Operating revenues:
Operating Revenues by Operating Segment									0	0	921
Operating income:
Operating income									0	0	143
Depreciation and amortization and impairment of goodwill and intangible assets:
Depreciation and amortization and impairment of goodwill and intangible assets									0	0	17
Plant and equipment additions:
Plant and equipment additions									0	0	18
Segment Reconciling Items
Operating income:
Operating income									-70	-127	-126
Segment Reconciling Items \| Discontinued Operations
Identifiable assets:
Identifiable assets	0				1,836				0	1,836	0
Corporate
Identifiable assets:
Identifiable assets	$6,303				$5,999				$6,303	$5,999	$5,352

Segment_Information_Details_1

Segment Information (Details 1) (USD $)	3 Months Ended								12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating Revenues by Geographic Region:
Operating Revenues by Operating Segment	$3,504	$3,692	$3,719	$3,569	$3,554	$3,568	$3,593	$3,420	$14,484	$14,135	$14,791
United States
Operating Revenues by Geographic Region:
Operating Revenues by Operating Segment									6,191	6,030	6,339
Canada/Mexico
Operating Revenues by Geographic Region:
Operating Revenues by Operating Segment									993	973	1,014
Total North America
Operating Revenues by Geographic Region:
Operating Revenues by Operating Segment									7,184	7,003	7,353
Europe, Middle East and Africa
Operating Revenues by Geographic Region:
Operating Revenues by Operating Segment									4,319	4,162	4,356
Asia Pacific
Operating Revenues by Geographic Region:
Operating Revenues by Operating Segment									2,427	2,366	2,493
South America
Operating Revenues by Geographic Region:
Operating Revenues by Operating Segment									$554	$604	$589

Segment_Information_Details_Te

Segment Information (Details Textual) (USD $)	12 Months Ended			0 Months Ended	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Feb. 06, 2014	Jun. 30, 2014	Oct. 31, 2012
	Segment	Dec. 31, 2013	Dec. 31, 2012	Feb. 06, 2014	Jun. 30, 2014	Oct. 31, 2012
Segment Reporting Information [Line Items]
Number of external reportable segments	7
Pre-tax gain (loss) on sale of a discontinued operation	$1,718,000,000	($91,000,000)	$499,000,000
Percentage of Consolidated Revenues Not Exceeded by any Single Customer	5.00%	5.00%	5.00%
Wilsonart International Holdings LLC
Segment Reporting Information [Line Items]
Ownership percentage in Wilsonart	49.00%					49.00%
Industrial Packaging
Segment Reporting Information [Line Items]
Expected proceeds from sale of business				3,200,000,000
Pre-tax gain (loss) on sale of a discontinued operation					1,700,000,000
After-tax gain on sale of discontinued operations					$1,100,000,000

Quarterly_and_Common_Stock_Dat2

Quarterly and Common Stock Data - Quarterly Data (Details) (USD $)	3 Months Ended								12 Months Ended
In Millions, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]
Operating Revenues	$3,504	$3,692	$3,719	$3,569	$3,554	$3,568	$3,593	$3,420	$14,484	$14,135	$14,791
Cost of revenues	2,114	2,182	2,219	2,158	2,173	2,148	2,155	2,078	8,673	8,554	9,134
Operating income	686	772	763	667	628	678	630	578	2,888	2,514	2,475
Income from continuing operations	461	507	494	428	407	406	416	401	1,890	1,630	2,233
Income (loss) from discontinued operations	-11	24	998	45	1	46	49	-47	1,056	49	637
Net Income	$450	$531	$1,492	$473	$408	$452	$465	$354	$2,946	$1,679	$2,870
Income per share from continuing operations:
Basic (in dollars per share)	$1.19	$1.29	$1.22	$1.01	$0.93	$0.91	$0.93	$0.89	$4.70	$3.65	$4.75
Diluted (in dollars per share)	$1.18	$1.28	$1.21	$1.01	$0.92	$0.90	$0.92	$0.88	$4.67	$3.63	$4.72
Net Income Per Share:
Basic (in dollars per share)	$1.17	$1.35	$3.69	$1.12	$0.93	$1.01	$1.04	$0.78	$7.33	$3.76	$6.11
Diluted (in dollars per share)	$1.16	$1.34	$3.66	$1.11	$0.93	$1.01	$1.03	$0.78	$7.28	$3.74	$6.06

Quarterly_and_Common_Stock_Dat3

Quarterly and Common Stock Data - Narrative (Details) (USD $)	12 Months Ended			3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2014	Mar. 31, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income (loss) from discontinued operations and disposal of discontinued operations, per basic share (in dollars per share)	$2.63	$0.11	$1.36
Industrial Packaging
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
After tax gain				$1,100,000,000
After tax gain, per diluted share (in USD per share)				$2.82
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Goodwill impairment charge and loss reserves on assets held for sale					$98,000,000
Goodwill impairment charge and loss reserves on assets held for sale, per diluted share (in USD per share)					$0.22