ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

v3.8.0.1
VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Assets and liabilities of VIE Ìý Ìý Ìý
Current assets $ 6,385 Ìý $ 5,979
Property, plant and equipment, net [1] 3,117 Ìý 3,098
Other noncurrent assets [1] 509 Ìý 497
Deferred income taxes 212 Ìý 208
Intangible assets [1] 55 Ìý 56
Goodwill 141 Ìý 140
Total assets 10,703 Ìý 10,244
Current liabilities 3,283 Ìý 3,265
Long-term debt [1] 2,298 Ìý 2,258
Deferred income taxes 269 Ìý 264
Other noncurrent liabilities [1] 1,084 Ìý 1,086
Total liabilities 6,934 Ìý 6,873
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities Ìý Ìý Ìý
Revenues 2,295 $ 1,932 Ìý
Income from continuing operations before income taxes 289 118 Ìý
Net cash provided by operating activities 163 93 Ìý
Rubicon, Arabian Amines, and Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý
Current assets 120 Ìý 114
Property, plant and equipment, net 265 Ìý 283
Other noncurrent assets 134 Ìý 116
Deferred income taxes 33 Ìý 33
Intangible assets 10 Ìý 10
Goodwill 15 Ìý 14
Total assets 577 Ìý 570
Current liabilities 144 Ìý 163
Long-term debt 83 Ìý 86
Deferred income taxes 13 Ìý 12
Other noncurrent liabilities 99 Ìý 98
Total liabilities 339 Ìý $ 359
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities Ìý Ìý Ìý
Revenues 37 31 Ìý
Income from continuing operations before income taxes 9 4 Ìý
Net cash provided by operating activities $ 15 $ 12 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
Arabian Amines Company 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
[1] At March 31, 2018 and December 31, 2017, respectively, $13 and $15 of cash and cash equivalents, $9 and $11 of restricted cash, $38 and $35 of accounts and notes receivable (net), $52 and $46 of inventories, $7 each of other current assets, $265 and $283 of property, plant and equipment (net), $10 each of intangible assets (net), $57 and $43 of other noncurrent assets, $91 and $109 of accounts payable, $32 each of accrued liabilities, $22 and $21 of current portion of debt, $83 and $86 of longterm debt, and $99 and $98 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “NoteÌý5. Variable Interest Entities.â€�