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DISCONTINUED OPERATIONS (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | 3 Months Ended | 1 Months Ended | 12 Months Ended | ||||||||||||
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Dec. 31, 2011
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Dec. 31, 2010
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Dec. 31, 2009
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Mar. 31, 2011
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Chemical Company Australia Pty Ltd ("HCCA")
claimant
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May 31, 2010
Settlement of fire insurance claims
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Dec. 31, 2010
Settlement of fire insurance claims
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Dec. 31, 2009
Settlement of fire insurance claims
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Dec. 31, 2009
Settlement of product exchange liabilities
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Dec. 31, 2011
AUSTRALIA STYRENICS BUSINESS SHUTDOWN
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Dec. 31, 2010
AUSTRALIA STYRENICS BUSINESS SHUTDOWN
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Dec. 31, 2009
AUSTRALIA STYRENICS BUSINESS SHUTDOWN
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Dec. 31, 2011
U.S. Base Chemicals Disposition
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Dec. 31, 2010
U.S. Base Chemicals Disposition
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Dec. 31, 2009
U.S. Base Chemicals Disposition
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Dec. 31, 2010
U.S. Base Chemicals Disposition
Settlement of fire insurance claims
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Dec. 31, 2010
U.S. Base Chemicals Disposition
2005 gulf coast storms
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| DISCONTINUED OPERATIONS | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
| Cost recorded related to the closure of business | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | $ 6 | $ 63 | Ìý | Ìý | Ìý | Ìý | Ìý |
| Cumulative currency translation losses upon liquidation | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | (19) | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
| Revenues | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 38 | 52 | 98 | Ìý | Ìý | Ìý | Ìý | Ìý |
| Operating costs and expenses | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | (44) | (85) | (182) | Ìý | Ìý | Ìý | Ìý | Ìý |
| Other (expenses) income | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | (1) | (6) | 2 | Ìý | Ìý |
| Gain (loss) on insurance settlements, net | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 2 | Ìý | Ìý | Ìý | Ìý | 110 | (17) | Ìý | Ìý |
| (Loss) income before income taxes | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | (6) | (52) | (84) | (1) | 104 | (15) | Ìý | Ìý |
| Income tax benefit | 5 | (10) | 80 | Ìý | Ìý | Ìý | Ìý | Ìý | 2 | 28 | 74 | Ìý | (38) | 6 | Ìý | Ìý |
| (Loss) income from discontinued operations, net of tax | (1) | 42 | (19) | Ìý | Ìý | Ìý | Ìý | Ìý | (4) | (24) | (10) | (1) | 66 | (9) | Ìý | Ìý |
| Number of claimants with whom the entity has agreed to settle claims | Ìý | Ìý | Ìý | 2 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
| Number of claims where insurers continue to defend | Ìý | Ìý | Ìý | 1 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
| Legal fees | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 17 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
| Pretax gain (loss) on disposal | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 110 | 7 |
| Proceeds from reinsurers | Ìý | Ìý | Ìý | Ìý | 110 | 110 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
| Cash flows from investing activities | 3 | 34 | Ìý | Ìý | Ìý | 34 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
| Cash flows from operating activities | Ìý | $ (34) | Ìý | Ìý | Ìý | $ 76 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
| X | ||||||||||
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- Definition
Represents the number of claimants with whom the entity has agreed to settle claims. No definition available.
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- Definition
Represent the number of claims where insurers continue to defend the entity from losses. No definition available.
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- Definition
Represents proceeds from reinsurers during the current period. No definition available.
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- Definition
The charge against earnings in the period, comprised of costs incurred associated with an exit or disposal activity other than for a discontinued operations as defined under generally accepted accounting principles. Costs of such activities include those for one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, and relocating employees, and costs associated with an ongoing benefit arrangement, but excludes costs associated with the retirement of a long-lived asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other pretax income (loss) amounts relating to a disposal group that is classified as a component of the entity, exclusive of the following elsewhere enumerated categories: income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Pretax gain (loss), not previously recognized and resulting from the sale of a business component, which is recognized at the date of sale. A gain (loss) reflects the amount by which the consideration received exceeds (is exceeded by) the net carrying amount (reflecting previous provisions for loss on disposal, if any) of the disposal group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Overall income (loss) from a disposal group that is classified as a component of the entity, before income tax, reported as a separate component of income before extraordinary items. Includes the following (before income tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tax effect allocated to a disposal group that is classified as a component of the entity reported as a separate component of income before extraordinary items. Includes the tax effects of the following: income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of foreign currency translation gains or losses included in the disposal group, whether or not a component of the entity (discontinued operation), that were previously reported in accumulated other comprehensive Income or Loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of operating expenses attributable to the disposal group, including a component of the entity (discontinued operation), during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of sales or other form of revenues attributable to the disposal group, including a component of the entity (discontinued operation), during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net proceeds or assets obtained in excess of (less than) the net carrying amount of assets recorded, or assets distributed and liabilities assumed less than (in excess of) estimated litigation liability extinguished, in settlement of a litigation matter. Represents (for other than an insurance entity in its normal claims settlement process), the amount of income (expense) recognized in the period to settle pending or threatened litigation and insurance claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the overall income (loss) from a disposal group that is classified as a component of the entity, net of income tax, reported as a separate component of income before extraordinary items before deduction or consideration of the amount which may be allocable to noncontrolling interests, if any. Includes the following (net of tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to resolved, pending or threatened litigation, including arbitration and mediation proceedings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the amounts received by the insured under the terms of an insurance contract settlement. This element pertains only to insurance proceeds related to investments, for example fixed assets. It excludes insurance settlements classified as operating cash flows. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the amounts received by the insured under the terms of an insurance contract settlement. This element pertains only to insurance proceeds related to operating activities. It excludes insurance settlements classified as investing cash flows, for example, insurance settlements related to fixed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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