ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

v3.7.0.1
VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Assets and liabilities of VIE Ìý Ìý Ìý
Current assets $ 3,835 Ìý $ 3,555
Property, plant and equipment, net [1] 4,186 Ìý 4,212
Other noncurrent assets [1] 515 Ìý 507
Deferred income taxes 412 Ìý 396
Intangible assets [1] 82 Ìý 66
Goodwill 122 Ìý 121
Total assets 9,488 Ìý 9,189
Current liabilities 1,855 Ìý 1,778
Long-term debt [1] 4,161 Ìý 4,135
Deferred income taxes 437 Ìý 427
Other noncurrent liabilities [1] 1,386 Ìý 1,381
Total liabilities 7,839 Ìý 7,722
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities Ìý Ìý Ìý
Revenues 2,469 $ 2,355 Ìý
Income from continuing operations before income taxes 116 90 Ìý
Net cash provided by operating activities 93 88 Ìý
Consolidated VIE's Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý
Property, plant and equipment, net 279 Ìý 284
Other noncurrent assets 37 Ìý 37
Intangible assets 32 Ìý 31
Long-term debt 104 Ìý 114
Other noncurrent liabilities 77 Ìý 76
Rubicon LLC, Pacific Iron Products, Arabian Amines, Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH, Co. KG and Viance Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý
Current assets 121 Ìý 117
Property, plant and equipment, net 279 Ìý 284
Other noncurrent assets 113 Ìý 98
Deferred income taxes 43 Ìý 43
Intangible assets 32 Ìý 31
Goodwill 13 Ìý 12
Total assets 601 Ìý 585
Current liabilities 188 Ìý 172
Long-term debt 106 Ìý 116
Deferred income taxes 10 Ìý 10
Other noncurrent liabilities 77 Ìý 76
Total liabilities 381 Ìý $ 374
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities Ìý Ìý Ìý
Revenues 64 52 Ìý
Income from continuing operations before income taxes 11 9 Ìý
Net cash provided by operating activities $ 18 $ 19 Ìý
Rubicon LLC Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý
Variable interest entity ownership percentage 50.00% Ìý Ìý
Pacific Iron Products Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý
Variable interest entity ownership percentage 50.00% Ìý Ìý
AAC Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý
Variable interest entity ownership percentage 50.00% Ìý Ìý
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý
Variable interest entity ownership percentage 50.00% Ìý Ìý
Viance Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý
Variable interest entity ownership percentage 50.00% Ìý Ìý
[1] At March 31, 2017 and December 31, 2016, respectively, $28 and $25 of cash and cash equivalents, $10 each of restricted cash, $33 and $27 of accounts and notes receivable (net), $42 and $46 of inventories, $6 and $5 of other current assets, $279 and $284 of property, plant and equipment (net), $32 and $31 of intangible assets (net), $37 each of other noncurrent assets, $86 and $90 of accounts payable, $32 and $34 of accrued liabilities, $21 and $14 of current portion of debt, $104 and $114 of longterm debt, and $77 and $76 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “NoteÌý5. Variable Interest Entities.â€�