ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Annual report pursuant to Section 13 and 15(d)

VARIABLE INTEREST ENTITIES (Details)

v2.4.0.6
VARIABLE INTEREST ENTITIES (Details) (USD $)
In Millions, unless otherwise specified
 12 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended
Dec. 31, 2011
parent
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2011
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC and Subsidiaries
Dec. 31, 2010
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC and Subsidiaries
Dec. 31, 2009
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC and Subsidiaries
Mar. 31, 2011
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC and Subsidiaries
Dec. 31, 2011
Consolidated VIE's
ventures
Dec. 31, 2010
Consolidated VIE's
Dec. 31, 2011
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG
Y
Dec. 31, 2010
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG
Mar. 31, 2011
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG
Dec. 31, 2011
Rubicon LLC, Pacific Iron Products and Arabian Amines
Dec. 31, 2010
Rubicon LLC, Pacific Iron Products and Arabian Amines
Apr. 30, 2011
Arabian Amines Company
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Number of joint ventures Ìý Ìý Ìý Ìý Ìý Ìý Ìý 4 Ìý Ìý Ìý Ìý Ìý Ìý Ìý
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ share of joint venture (as a percent) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 50.00% Ìý Ìý Ìý Ìý Ìý
Joint venture partner share of joint venture (as a percent) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 50.00% Ìý Ìý Ìý Ìý Ìý
Equity in income of investment in unconsolidated affiliates $ 8 $ 24 $ 3 $ 8 $ 24 $ 3 Ìý Ìý Ìý Ìý $ 18 Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Current assets 3,946 4,008 Ìý 3,761 3,722 Ìý Ìý Ìý Ìý 54 Ìý 61 86 90 Ìý
Property, plant and equipment, net 3,622 [1] 3,605 [1] Ìý 3,510 [1] 3,469 [1] Ìý Ìý 403 275 141 Ìý 155 262 275 Ìý
Other noncurrent assets 482 [1] 495 [1] Ìý 482 [1] 495 [1] Ìý Ìý 21 18 Ìý Ìý Ìý 61 56 Ìý
Deferred income taxes 195 166 Ìý 163 179 Ìý Ìý Ìý Ìý Ìý Ìý Ìý 45 40 Ìý
Intangible assets 91 [1] 105 [1] Ìý 93 [1] 107 [1] Ìý Ìý 23 7 17 Ìý 16 6 7 Ìý
Goodwill 114 94 Ìý 114 94 Ìý Ìý Ìý Ìý 15 Ìý 17 Ìý Ìý Ìý
Total assets 8,657 8,714 Ìý 8,330 8,307 Ìý Ìý Ìý Ìý 227 Ìý 249 460 468 Ìý
Current liabilities 1,826 2,053 Ìý 1,961 2,207 Ìý Ìý Ìý Ìý 30 Ìý 23 115 111 Ìý
Long-term debt 3,730 [1] 3,627 [1] Ìý 3,730 [1] 3,627 [1] Ìý Ìý 264 185 87 Ìý 93 182 188 Ìý
Deferred income taxes 309 314 Ìý 106 94 Ìý Ìý Ìý Ìý 8 Ìý 8 1 Ìý Ìý
Other noncurrent liabilities 1,012 [1] 866 [1] Ìý 1,003 [1] 852 [1] Ìý Ìý 111 109 2 Ìý 7 108 109 Ìý
Total liabilities 6,881 6,864 Ìý 7,239 7,219 Ìý Ìý Ìý Ìý 127 Ìý 131 406 408 Ìý
Amount receivable after settlement of a dispute Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 11
Damages incurred due to the delayed initial acceptance of the plant Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 8
Reimbursement of capital expenditures for work left unfinished by the third party contractors Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 3
Total goodwill amount deductible for the tax purposes Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 12 Ìý Ìý Ìý Ìý Ìý
Average useful life of all other intangible assets (in years) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 18 Ìý Ìý Ìý Ìý Ìý
Revenues Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 116 Ìý Ìý Ìý Ìý Ìý
Earnings Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 7 Ìý Ìý Ìý Ìý Ìý
Pro forma revenues Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 11,259 9,337 Ìý Ìý Ìý Ìý
One time non cash gain Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 12 Ìý Ìý Ìý Ìý Ìý
One-time noncash income tax expense recognized Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 2 Ìý Ìý Ìý Ìý Ìý
Fair value of the noncontrolling interest Ìý Ìý Ìý Ìý Ìý Ìý 61 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Noncontrolling interest (as a percent) 100.00% Ìý Ìý 100.00% Ìý Ìý Ìý Ìý Ìý Ìý Ìý 50.00% Ìý Ìý Ìý
Number of parents for which tax consequence adjustment is applicable 1 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Decrease in amount of goodwill due to a change in foreign currency exchange rate Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý $ 2 Ìý Ìý Ìý Ìý Ìý
[1] At December 31, 2011 and 2010, respectively, $44 and $7 of cash and cash equivalents, $2 and nil of restricted cash, $29 and $8 of accounts and notes receivable (net), $47 and $45 of inventories, $1 and $2 of other current assets, $403 and $275 of property, plant and equipment (net), $23 and $7 of intangible assets (net), $21 and $18 of other noncurrent assets, $55 and $56 of accounts payable, $21 and $16 of accrued liabilities, $16 and $15 of current portion of debt, $264 and $185 of long-term debt, and $111 and $109 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 7. Variable Interest Entities."