Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

v3.3.0.814
VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2015
Dec. 31, 2014
Assets and liabilities of VIE    
Current assets $ 4,251 $ 5,039
Property, plant and equipment, net [1] 4,380 4,423
Other noncurrent assets [1] 632 538
Deferred income taxes 424 435
Intangible assets, net [1] 86 95
Goodwill 117 122
Total assets 10,236 11,002
Current liabilities 2,065 2,332
Long-term debt [1] 4,709 4,933
Deferred income taxes 348 333
Other noncurrent liabilities [1] 1,316 1,447
Total liabilities 8,445 9,051
Consolidated VIE's    
Assets and liabilities of VIE    
Property, plant and equipment, net 313 339
Other noncurrent assets 28 27
Intangible assets, net 36 40
Long-term debt 139 36
Other noncurrent liabilities 99 97
Rubicon LLC, Pacific Iron Products, Arabian Amines, Sasol Huntsman GmbH And Co. KG and Viance LLC    
Assets and liabilities of VIE    
Current assets 132 186
Property, plant and equipment, net 313 340
Other noncurrent assets 82 70
Deferred income taxes 52 50
Intangible assets, net 36 39
Goodwill 13 14
Total assets 628 699
Current liabilities 156 356
Long-term debt 147 42
Deferred income taxes 8 9
Other noncurrent liabilities 99 97
Total liabilities $ 410 $ 504
Sasol Huntsman GmbH and Co. KG    
Assets and liabilities of VIE    
Variable interest entity ownership percentage 50.00%  
Viance    
Assets and liabilities of VIE    
Variable interest entity ownership percentage 50.00%  
[1] At September 30, 2015 and December 31, 2014, respectively, $42 and $46 of cash and cash equivalents, $4 and $10 of restricted cash, $35 and $41 of accounts and notes receivable (net), $45 and $68 of inventories, $6 each of other current assets, $313 and $339 of property, plant and equipment (net), $36 and $40 of intangible assets (net), $28 and $27 of other noncurrent assets, $72 and $92 of accounts payable, $29 and $37 of accrued liabilities, $19 and $172 of current portion of debt, $139 and $36 of longterm debt, and $99 and $97 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See “Note 5. Variable Interest Entities.”