Distribution of Subsidiary
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12 Months Ended | ||||||||||||||||||||||||||||
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Dec. 31, 2012
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Distribution of Subsidiary [Abstract] | |||||||||||||||||||||||||||||
Distribution of Subsidiary |
(3) Distribution of Subsidiary
On May 6, 2010, the Company distributed 100% of its interest in one of its consolidated subsidiaries, Commerce Technologies, Inc. ("Commerce"), to Liberty. The transfer was recorded at book value and the Company recognized no gain or loss on the transaction and is included in Contribution received from (dividend paid to) Liberty and other in the consolidated statements of equity. At the time of the transfer, the net book value of Commerce consisted of the following components (in millions):
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- Definition
The entire disclosure relating to the distribution of a consolidated subsidiary to the entity's parent company. No definition available.
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- Details
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