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 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý
Current assets $ 3,980 Ìý $ 3,980 Ìý $ 3,555
Property, plant and equipment, net [1] 4,228 Ìý 4,228 Ìý 4,212
Other noncurrent assets [1] 508 Ìý 508 Ìý 507
Deferred income taxes 431 Ìý 431 Ìý 396
Intangible assets [1] 79 Ìý 79 Ìý 66
Goodwill 137 Ìý 137 Ìý 121
Total assets 9,688 Ìý 9,688 Ìý 9,189
Current liabilities 1,883 Ìý 1,883 Ìý 1,778
Long-term debt [1] 4,072 Ìý 4,072 Ìý 4,135
Deferred income taxes 454 Ìý 454 Ìý 427
Other noncurrent liabilities [1] 1,401 Ìý 1,401 Ìý 1,381
Total liabilities 7,810 Ìý 7,810 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 Ìý Ìý
Revenues 2,616 $ 2,544 5,085 $ 4,899 Ìý
Income from continuing operations before income taxes 229 127 345 217 Ìý
Net cash provided by operating activities Ìý Ìý 394 443 Ìý
Rubicon LLC, Pacific Iron Products, Arabian Amines, Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH, Co. KG and Viance Ìý Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý
Current assets 132 Ìý 132 Ìý 117
Property, plant and equipment, net 274 Ìý 274 Ìý 284
Other noncurrent assets 110 Ìý 110 Ìý 98
Deferred income taxes 43 Ìý 43 Ìý 43
Intangible assets 39 Ìý 39 Ìý 31
Goodwill 13 Ìý 13 Ìý 12
Total assets 611 Ìý 611 Ìý 585
Current liabilities 179 Ìý 179 Ìý 172
Long-term debt 106 Ìý 106 Ìý 116
Deferred income taxes 11 Ìý 11 Ìý 10
Other noncurrent liabilities 78 Ìý 78 Ìý 76
Total liabilities 374 Ìý 374 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 Ìý Ìý
Revenues 68 56 133 108 Ìý
Income from continuing operations before income taxes 13 11 24 19 Ìý
Net cash provided by operating activities $ 5 $ 17 $ 24 $ 36 Ìý
Rubicon LLC Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý 50.00% Ìý Ìý
Pacific Iron Products Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý 50.00% Ìý Ìý
AAC Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý 50.00% Ìý Ìý
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý 50.00% Ìý Ìý
Viance Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý 50.00% Ìý Ìý
[1] At June 30, 2017 and December 31, 2016, respectively, $32 and $25 of cash and cash equivalents, $10 each of restricted cash, $35 and $27 of accounts and notes receivable (net), $51 and $46 of inventories, $5 of other current assets, $274 and $284 of property, plant and equipment (net), $39 and $31 of intangible assets (net), $38 and $37 of other noncurrent assets, $82 and $90 of accounts payable, $33 and $34 of accrued liabilities, $21 and $14 of current portion of debt, $104 and $114 of longterm debt, and $78 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€�