ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

v3.20.1
VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Millions
 3 Months Ended
Sep. 30, 2019
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Assets and liabilities of VIE Ìý Ìý Ìý Ìý
Current assets Ìý $ 3,774 Ìý $ 3,755
Property, plant and equipment, net [1] Ìý 2,357 Ìý 2,383
Operating lease right-of-use assets Ìý 380 Ìý 396
Deferred income taxes Ìý 287 Ìý 292
Intangible assets [1] Ìý 351 Ìý 197
Goodwill Ìý 396 Ìý 276
Total assets Ìý 8,458 Ìý 8,320
Current liabilities Ìý 1,774 Ìý 2,008
Long-term debt [1] Ìý 2,049 Ìý 2,177
Deferred income taxes Ìý 54 Ìý 29
Noncurrent operating lease liabilities [1] Ìý 365 Ìý 384
Other noncurrent liabilities [1] Ìý 833 Ìý 898
Total liabilities Ìý 5,075 Ìý 5,496
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities Ìý Ìý Ìý Ìý
Total revenues Ìý 1,593 $ 1,669 Ìý
Income from continuing operations before income taxes Ìý (62) 153 Ìý
Net cash provided by operating activities Ìý (75) (31) Ìý
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý
Percentage of joint interest acquired 50.00% Ìý Ìý Ìý
Consolidated VIE's Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý
Current assets Ìý 55 Ìý 50
Property, plant and equipment, net Ìý 178 Ìý 180
Operating lease right-of-use assets Ìý 17 Ìý 16
Other noncurrent assets Ìý 139 Ìý 132
Deferred income taxes Ìý 30 Ìý 30
Total assets Ìý 419 Ìý 408
Current liabilities Ìý 159 Ìý 151
Long-term debt Ìý 26 Ìý 29
Noncurrent operating lease liabilities Ìý 12 Ìý 11
Other noncurrent liabilities Ìý 85 Ìý 87
Total liabilities Ìý 282 Ìý $ 278
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities Ìý Ìý Ìý Ìý
Total revenues Ìý Ìý 36 Ìý
Income from continuing operations before income taxes Ìý 1 9 Ìý
Net cash provided by operating activities Ìý $ 6 $ 31 Ìý
Rubicon LLC Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý 50.00% Ìý Ìý
Arabian Amines Company Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý 50.00% Ìý Ìý
[1] At March 31, 2020 and December 31, 2019, respectively, $3 and nil of cash and cash equivalents, $5 and $13 of accounts and notes receivable (net), $46 and $35 of inventories, $178 and $180 of property, plant and equipment (net), $21 and $20 of other noncurrent assets, $111 and $100 of accounts payable, $11 and $10 of accrued liabilities, $32 and $36 of current portion of debt, $4 each of current operating lease liabilities, $26 and $29 of long-term debt, $12 and $11 of noncurrent operating lease liabilities and $85 and $87 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “NoteÌý6. Variable Interest Entities.â€�