Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Details)

v2.4.0.8
INVENTORIES (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Inventories    
Raw materials and supplies $ 460 $ 484
Work in progress 104 98
Finished goods 1,209 1,311
Total 1,773 1,893
LIFO reserves (75) (74)
Net 1,698 [1] 1,819 [1]
Percentage of inventories recorded using the LIFO cost method 11.00% 11.00%
Inventory - non-monetary open exchange
    
Inventories    
Total 6 6
Inventory exchanges settled in cash    
Deferred profit from inventories exchanged under open exchange agreements settled in cash      
[1] At June 30, 2013 and December 31, 2012, respectively, $32 and $28 of cash and cash equivalents, $9 each of restricted cash, $50 and $38 of accounts and notes receivable (net), $53 and $55 of inventories, $1 and nil of other current assets, $367 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, $26 each of accrued liabilities, $189 and $193 of current portion of debt, $70 and $77 of long-term debt, and $95 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."