Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

v2.4.0.8
VARIABLE INTEREST ENTITIES (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
item
Dec. 31, 2013
Assets and liabilities of VIE    
Current assets $ 4,228 $ 4,159
Property, plant and equipment, net 3,794 [1] 3,824 [1]
Other noncurrent assets 467 [1] 458 [1]
Deferred income taxes 241 243
Intangible assets, net 82 [1] 87 [1]
Goodwill 130 131
Total assets 9,227 9,188
Current liabilities 2,215 2,159
Long-term debt 3,621 [1] 3,633 [1]
Deferred income taxes 292 313
Other noncurrent liabilities 917 [1] 948 [1]
Total liabilities 7,050 7,059
Noncontrolling interest (as a percent) 100.00%  
Consolidated VIE's
   
Identification of variable interest entities through investments and transactions    
Number of joint ventures 4  
Assets and liabilities of VIE    
Property, plant and equipment, net 363 369
Other noncurrent assets 30 28
Intangible assets, net 16 17
Long-term debt 59 64
Other noncurrent liabilities 43 45
Rubicon LLC, Pacific Iron Products, Arabian Amines and Sasol Huntsman GmbH and Co. KG
   
Assets and liabilities of VIE    
Current assets 180 147
Property, plant and equipment, net 363 369
Other noncurrent assets 77 76
Deferred income taxes 28 28
Intangible assets, net 16 17
Goodwill 16 16
Total assets 680 653
Current liabilities 359 330
Long-term debt 65 72
Deferred income taxes 9 9
Other noncurrent liabilities 43 45
Total liabilities $ 476 $ 456
Sasol Huntsman GmbH and Co. KG
   
Assets and liabilities of VIE    
Noncontrolling interest (as a percent) 50.00%  
[1] At March 31, 2014 and December 31, 2013, respectively, $34 and $39 of cash and cash equivalents, $9 each of restricted cash, $47 and $41 of accounts and notes receivable (net), $64 and $54 of inventories, $4 and $3 of other current assets, $363 and $369 of property, plant and equipment (net), $16 and $17 of intangible assets (net), $30 and $28 of other noncurrent assets, $85 and $73 of accounts payable, $30 and $32 of accrued liabilities, $179 and $183 of current portion of debt, $59 and $64 of long-term debt, and $43 and $45 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 5. Variable Interest Entities."