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Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

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VARIABLE INTEREST ENTITIES (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Mar. 31, 2013
Consolidated VIE's
item
Dec. 31, 2012
Consolidated VIE's
Mar. 31, 2013
Rubicon LLC, Pacific Iron Products, Arabian Amines and Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG
Dec. 31, 2012
Rubicon LLC, Pacific Iron Products, Arabian Amines and Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG
Mar. 31, 2011
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Number of joint ventures Ìý Ìý 4 Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Current assets $ 4,003 $ 4,119 Ìý Ìý $ 172 $ 163 Ìý
Property, plant and equipment, net 3,643 [1] 3,745 [1] 372 378 372 378 Ìý
Other noncurrent assets 441 [1] 366 [1] 27 28 67 61 Ìý
Deferred income taxes 216 229 Ìý Ìý 45 45 Ìý
Intangible assets, net 63 [1] 68 [1] 18 19 18 19 Ìý
Goodwill 116 117 Ìý Ìý 15 16 Ìý
Total assets 8,719 8,884 Ìý Ìý 689 682 Ìý
Current liabilities 2,123 2,181 Ìý Ìý 358 348 Ìý
Long-term debt 3,489 [1] 3,414 [1] 75 77 79 82 Ìý
Deferred income taxes 163 228 Ìý Ìý 8 8 Ìý
Other noncurrent liabilities 1,115 [1] 1,161 [1] 99 101 99 102 Ìý
Total liabilities $ 6,894 $ 6,988 Ìý Ìý $ 544 $ 540 Ìý
Noncontrolling interest (as a percent) 100.00% Ìý Ìý Ìý Ìý Ìý 50.00%
[1] At March 31, 2013 and December 31, 2012, respectively, $20 and $28 of cash and cash equivalents, $9 each of restricted cash, $48 and $38 of accounts and notes receivable (net), $51 and $55 of inventories, nil each of other current assets, $372 and $378 of property, plant and equipment (net), $18 and $19 of intangible assets (net), $27 and $28 of other noncurrent assets, $78 and $76 of accounts payable, $23 and $26 of accrued liabilities, $187 and $193 current portion of debt, $75 and $77 of long-term debt, and $99 and $101 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 5. Variable Interest Entities."