Corporate and Other

EBIT for Corporate and Other was as follows:

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($ in millions)

2012

2011

2010

Corporate headquarters and stewardship

(323)

(331)

(284)

Corporate research and development

(192)

(202)

(120)

Corporate real estate

50

56

48

Equity investments

(11)

Other

(49)

(41)

(23)

Total Corporate and Other

(514)

(518)

(390)

In 2012, corporate headquarters and stewardship costs decreased $8 million, mainly resulting from the release of compliance-related provisions, partially offset by a provision for certain pension claims in the U.S. In 2011, Corporate headquarters and stewardship costs increased driven by charges related to the deconsolidation of a Russian subsidiary and the sale of another subsidiary in Russia, certain expenses in the countries and higher spending to strengthen corporate functional areas as business volumes increased.

Corporate research and development costs decreased $10 million in 2012, as the amount spent on the special growth fund was lower in 2012 than in 2011, when corporate research and development costs increased $82 million mainly due to the establishment of the growth fund to finance the acceleration of the research and development programs.

Corporate real estate consists primarily of rental income and gains from the sale of real estate properties. In 2012, Corporate real estate reported $50 million EBIT including gains of $26 million from the sales of real estate properties mainly in Switzerland, Austria, Sweden and the Netherlands. In 2011, the Corporate real estate result included $37 million gains from the sale of real estate properties mainly in Venezuela, Sweden, Brazil and Switzerland. In 2010, Corporate real estate reported gains of $33 million from the sale of land and buildings, mainly in Sweden, Norway, Austria and Venezuela.

In 2012, EBIT from “Other” was primarily related to charges from the impairments of investments in technology ventures, the closure of business lines in certain countries and operational costs of our Global Treasury Operations. In 2011, EBIT from “Other” consists mainly of operational costs of our Global Treasury Operations, losses from the non-core distributed energy business in the U.K. and an impairment of our investment in the shares of a listed company. EBIT from “Other”, in 2010, included operational costs of our Global Treasury Operations and losses from our distributed energy business in the U.K.