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Quarterly report pursuant to Section 13 or 15(d)

DISCONTINUED OPERATIONS AND BUSINESS DISPOSITIONS - CHEMICAL INTERMEDIATES (Details)

v3.20.1
DISCONTINUED OPERATIONS AND BUSINESS DISPOSITIONS - CHEMICAL INTERMEDIATES (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Carrying amounts of major classes of assets held for sale: Ìý Ìý Ìý
Total current assets Ìý Ìý $ 1,208
Carrying amounts of major classes of liabilities held for sale: Ìý Ìý Ìý
Total current liabilities Ìý Ìý 512
Chemical Intermediates Businesses | Discontinued Operations, Held-for-sale Ìý Ìý Ìý
Carrying amounts of major classes of assets held for sale: Ìý Ìý Ìý
Accounts receivable Ìý Ìý 145
Inventories Ìý Ìý 105
Property, plant and equipment, net Ìý Ìý 720
Operating lease right-of-use assets Ìý Ìý 69
Deferred income taxes Ìý Ìý 4
Other noncurrent assets Ìý Ìý 165
Total assets held for sale Ìý Ìý 1,208
Carrying amounts of major classes of liabilities held for sale: Ìý Ìý Ìý
Accounts payable Ìý Ìý 152
Accrued liabilities Ìý Ìý 26
Current operating lease liabilities Ìý Ìý 20
Deferred income taxes Ìý Ìý 135
Noncurrent operating lease liabilities Ìý Ìý 51
Other noncurrent liabilities Ìý Ìý 128
Total liabilities held for sale Ìý Ìý $ 512
Chemical Intermediates Businesses | Discontinued Operations, Disposed of by Sale Ìý Ìý Ìý
BUSINESS DISPOSITIONS Ìý Ìý Ìý
Net after-tax gain on disposal $ 758 Ìý Ìý
Proceeds from sale of businesses $ 1,915 Ìý Ìý
Expected payment of income taxes on proceeds from sale Ìý $ 375 Ìý