ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

v3.10.0.1
VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý
Current assets $ 6,217 Ìý $ 6,217 Ìý $ 5,979
Property, plant and equipment, net [1] 3,004 Ìý 3,004 Ìý 3,098
Other noncurrent assets [1] 565 Ìý 565 Ìý 497
Deferred income taxes 300 Ìý 300 Ìý 208
Intangible assets [1] 119 Ìý 119 Ìý 56
Goodwill 388 Ìý 388 Ìý 140
Total assets 10,896 Ìý 10,896 Ìý 10,244
Current liabilities 3,302 Ìý 3,302 Ìý 3,265
Long-term debt [1] 2,277 Ìý 2,277 Ìý 2,258
Deferred income taxes 280 Ìý 280 Ìý 264
Other noncurrent liabilities [1] 1,073 Ìý 1,073 Ìý 1,086
Total liabilities 6,932 Ìý 6,932 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 Ìý Ìý
Revenues 2,444 $ 2,169 7,143 $ 6,155 Ìý
Income from continuing operations before income taxes 256 151 838 431 Ìý
Net cash provided by operating activities Ìý Ìý 934 743 Ìý
Rubicon, Arabian Amines, and Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Ìý Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý
Current assets 118 Ìý 118 Ìý 114
Property, plant and equipment, net 257 Ìý 257 Ìý 283
Other noncurrent assets 119 Ìý 119 Ìý 116
Deferred income taxes 34 Ìý 34 Ìý 33
Intangible assets 11 Ìý 11 Ìý 10
Goodwill 14 Ìý 14 Ìý 14
Total assets 553 Ìý 553 Ìý 570
Current liabilities 147 Ìý 147 Ìý 163
Long-term debt 71 Ìý 71 Ìý 86
Deferred income taxes 12 Ìý 12 Ìý 12
Other noncurrent liabilities 94 Ìý 94 Ìý 98
Total liabilities 324 Ìý 324 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 Ìý Ìý
Revenues 39 32 116 99 Ìý
Income from continuing operations before income taxes 8 8 27 22 Ìý
Net cash provided by operating activities $ 21 $ 20 $ 50 $ 42 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
Arabian Amines Company 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
[1] At September 30, 2018 and December 31, 2017, respectively, $23 and $15 of cash and cash equivalents, nil and $11 of restricted cash, $32 and $35 of accounts and notes receivable (net), $56 and $46 of inventories, $6 and $7 of other current assets, $257 and $283 of property, plant and equipment (net), $11 and $10 of intangible assets (net), $54 and $43 of other noncurrent assets, $91 and $109 of accounts payable, $33 and $32 of accrued liabilities, $23 and $21 of current portion of debt, $71 and $86 of longterm debt, and $94 and $98 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “NoteÌý6. Variable Interest Entities.â€�