ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

v2.4.0.6
VARIABLE INTEREST ENTITIES (Details) (USD $)
In Millions, unless otherwise specified
 1 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2011
Jun. 30, 2012
Y
Jun. 30, 2011
Dec. 31, 2011
Assets and liabilities of VIE Ìý Ìý Ìý Ìý
Current assets Ìý $ 4,109 Ìý $ 3,946
Property, plant and equipment, net Ìý 3,536 [1] Ìý 3,622 [1]
Other noncurrent assets Ìý 486 [1] Ìý 482 [1]
Deferred income taxes Ìý 189 Ìý 195
Intangible assets Ìý 78 [1] Ìý 91 [1]
Goodwill Ìý 106 Ìý 114
Total assets Ìý 8,729 Ìý 8,657
Current liabilities Ìý 1,848 Ìý 1,826
Long-term debt Ìý 3,601 [1] Ìý 3,730 [1]
Deferred income taxes Ìý 341 Ìý 309
Other noncurrent liabilities Ìý 929 [1] Ìý 1,012 [1]
Total liabilities Ìý 6,723 Ìý 6,881
Noncontrolling interest (as a percent) Ìý 100.00% Ìý Ìý
Number of parents for which tax consequence adjustment is applicable Ìý 1 Ìý Ìý
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
 Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý
Current assets Ìý 4,021 Ìý 3,761
Property, plant and equipment, net Ìý 3,436 [1] Ìý 3,510 [1]
Other noncurrent assets Ìý 486 [1] Ìý 482 [1]
Deferred income taxes Ìý 189 Ìý 163
Intangible assets Ìý 80 [1] Ìý 93 [1]
Goodwill Ìý 106 Ìý 114
Total assets Ìý 8,543 Ìý 8,330
Current liabilities Ìý 1,929 Ìý 1,961
Long-term debt Ìý 3,601 [1] Ìý 3,730 [1]
Deferred income taxes Ìý 235 Ìý 106
Other noncurrent liabilities Ìý 926 [1] Ìý 1,003 [1]
Total liabilities Ìý 7,214 Ìý 7,239
Fair value of the noncontrolling interest 61 Ìý Ìý Ìý
Consolidated VIE's
 Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý
Number of joint ventures Ìý 4 Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý
Property, plant and equipment, net Ìý 383 Ìý 403
Other noncurrent assets Ìý 22 Ìý 21
Intangible assets Ìý 20 Ìý 23
Long-term debt Ìý 248 Ìý 264
Other noncurrent liabilities Ìý 74 Ìý 111
Rubicon LLC, Pacific Iron Products, Arabian Amines and Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG
 Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý
Current assets Ìý 148 Ìý 140
Property, plant and equipment, net Ìý 383 Ìý 403
Other noncurrent assets Ìý 58 Ìý 61
Deferred income taxes Ìý 45 Ìý 45
Intangible assets Ìý 20 Ìý 23
Goodwill Ìý 15 Ìý 15
Total assets Ìý 669 Ìý 687
Current liabilities Ìý 162 Ìý 145
Long-term debt Ìý 252 Ìý 269
Deferred income taxes Ìý 9 Ìý 9
Other noncurrent liabilities Ìý 74 Ìý 110
Total liabilities Ìý 497 Ìý 533
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG
 Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý
Current assets 61 Ìý Ìý Ìý
Property, plant and equipment, net 155 Ìý Ìý Ìý
Intangible assets 16 Ìý Ìý Ìý
Goodwill 17 Ìý Ìý Ìý
Total assets 249 Ìý Ìý Ìý
Current liabilities 23 Ìý Ìý Ìý
Long-term debt 93 Ìý Ìý Ìý
Deferred income taxes 8 Ìý Ìý Ìý
Other noncurrent liabilities 7 Ìý Ìý Ìý
Total liabilities 131 Ìý Ìý Ìý
Total goodwill amount deductible for the tax purposes Ìý 12 Ìý Ìý
Average useful life of all other intangible assets (in years) Ìý 18 Ìý Ìý
Pro forma revenues Ìý Ìý 5,643 Ìý
One time non cash gain Ìý Ìý 12 Ìý
One-time noncash income tax expense recognized 2 Ìý Ìý Ìý
Noncontrolling interest (as a percent) 50.00% Ìý Ìý Ìý
Increase (decrease) in amount of goodwill due to a change in foreign currency exchange rate Ìý Ìý Ìý $ (2)
[1] At June 30, 2012 and December 31, 2011, respectively, $34 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $36 and $29 of accounts and notes receivable (net), $50 and $47 of inventories, $1 each of other current assets, $383 and $403 of property, plant and equipment (net), $20 and $23 of intangible assets (net), $22 and $21 of other noncurrent assets, $54 and $55 of accounts payable, $22 and $21 of accrued liabilities, $23 and $16 of current portion of debt, $248 and $264 of long-term debt, and $74 and $111 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See "Note 5. Variable Interest Entities."