ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Annual report pursuant to Section 13 and 15(d)

VARIABLE INTEREST ENTITIES (Details)

v3.10.0.1
VARIABLE INTEREST ENTITIES (Details)
$ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2018
USD ($)
Sep. 30, 2018
USD ($)
Jun. 30, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Sep. 30, 2017
USD ($)
Jun. 30, 2017
USD ($)
Mar. 31, 2017
USD ($)
Dec. 31, 2018
USD ($)
item
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Current assets $ 2,958 Ìý Ìý Ìý $ 5,979 Ìý Ìý Ìý $ 2,958 $ 5,979 Ìý
Property, plant and equipment, net 3,064 [1] Ìý Ìý Ìý 3,098 [1] Ìý Ìý Ìý 3,064 [1] 3,098 [1] $ 3,034
Other noncurrent assets [1] 553 Ìý Ìý Ìý 497 Ìý Ìý Ìý 553 497 Ìý
Deferred income taxes 324 Ìý Ìý Ìý 208 Ìý Ìý Ìý 324 208 Ìý
Intangible assets [1] 219 Ìý Ìý Ìý 56 Ìý Ìý Ìý 219 56 Ìý
Goodwill 275 Ìý Ìý Ìý 140 Ìý Ìý Ìý 275 140 Ìý
Total assets 7,953 Ìý Ìý Ìý 10,244 Ìý Ìý Ìý 7,953 10,244 Ìý
Current liabilities 1,611 Ìý Ìý Ìý 3,265 Ìý Ìý Ìý 1,611 3,265 Ìý
Long-term debt [1] 2,224 Ìý Ìý Ìý 2,258 Ìý Ìý Ìý 2,224 2,258 Ìý
Deferred income taxes 296 Ìý Ìý Ìý 264 Ìý Ìý Ìý 296 264 Ìý
Other noncurrent liabilities [1] 1,073 Ìý Ìý Ìý 1,086 Ìý Ìý Ìý 1,073 1,086 Ìý
Total liabilities 5,204 Ìý Ìý Ìý 6,873 Ìý Ìý Ìý 5,204 6,873 Ìý
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 Ìý Ìý Ìý Ìý Ìý Ìý
Total revenues 2,236 $ 2,444 $ 2,404 $ 2,295 2,203 $ 2,169 $ 2,054 $ 1,932 9,379 8,358 7,518
Income from continuing operations before income taxes Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 942 647 474
Net cash provided by operating activities Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý $ 1,207 1,219 1,088
Number of variable interests of additional joint ventures held prior to Separation | item Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 2 Ìý Ìý
Rubicon, Arabian Amines, and Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Current assets 92 Ìý Ìý Ìý 114 Ìý Ìý Ìý $ 92 114 Ìý
Property, plant and equipment, net 265 Ìý Ìý Ìý 283 Ìý Ìý Ìý 265 283 Ìý
Other noncurrent assets 136 Ìý Ìý Ìý 116 Ìý Ìý Ìý 136 116 Ìý
Deferred income taxes 32 Ìý Ìý Ìý 33 Ìý Ìý Ìý 32 33 Ìý
Intangible assets 10 Ìý Ìý Ìý 10 Ìý Ìý Ìý 10 10 Ìý
Goodwill 14 Ìý Ìý Ìý 14 Ìý Ìý Ìý 14 14 Ìý
Total assets 549 Ìý Ìý Ìý 570 Ìý Ìý Ìý 549 570 Ìý
Current liabilities 178 Ìý Ìý Ìý 163 Ìý Ìý Ìý 178 163 Ìý
Long-term debt 61 Ìý Ìý Ìý 86 Ìý Ìý Ìý 61 86 Ìý
Deferred income taxes 11 Ìý Ìý Ìý 12 Ìý Ìý Ìý 11 12 Ìý
Other noncurrent liabilities 97 Ìý Ìý Ìý 98 Ìý Ìý Ìý 97 98 Ìý
Total liabilities 347 Ìý Ìý Ìý $ 359 Ìý Ìý Ìý 347 359 Ìý
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 Ìý Ìý Ìý Ìý Ìý Ìý
Total revenues Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 154 132 97
Income from continuing operations before income taxes Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 40 25 15
Net cash provided by operating activities Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý $ 65 $ 51 $ 50
Rubicon LLC Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 50.00% Ìý Ìý
Arabian Amines Company Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 50.00% Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Long-term debt $ 61 Ìý Ìý Ìý Ìý Ìý Ìý Ìý $ 61 Ìý Ìý
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 50.00% Ìý Ìý
[1] At DecemberÌý31, 2018 and December 31, 2017, respectively, $7 and $15 of cash and cash equivalents, nil and $11 of restricted cash, 30 and $35 of accounts and notes receivable (net), $49 and $46 of inventories, $5 and $7 of other current assets, $265 and $283 of property, plant and equipment (net), $10 each of intangible assets (net), $52 and $43 of other noncurrent assets, $123 and $109 of accounts payable, $30 and $32 of accrued liabilities, $25 and $21 of current portion of debt, $61 and $86 of longterm debt, and $97 and $98 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See “NoteÌý8. Variable Interest Entities.â€�