|
EMPLOYEE BENEFIT PLANS (Tables)
|
12 Months Ended |
|
Dec. 31, 2011
|
| DEFINED BENEFIT AND OTHER POSTRETIREMENT BENEFIT PLANS |
|
| Schedule of funded status of the plans and the amounts recognized in the consolidated balance sheets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defined Benefit Plans |
|
Other Postretirement Benefit Plans |
|
|
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
|
Change in benefit obligation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Benefit obligation at beginning of year
|
|
$ |
761 |
|
$ |
2,255 |
|
$ |
705 |
|
$ |
2,152 |
|
$ |
129 |
|
$ |
7 |
|
$ |
127 |
|
$ |
8 |
|
|
Service cost
|
|
|
23 |
|
|
44 |
|
|
21 |
|
|
44 |
|
|
3 |
|
|
— |
|
|
3 |
|
|
— |
|
|
Interest cost
|
|
|
44 |
|
|
110 |
|
|
40 |
|
|
102 |
|
|
7 |
|
|
1 |
|
|
7 |
|
|
— |
|
|
Participant contributions
|
|
|
— |
|
|
14 |
|
|
— |
|
|
13 |
|
|
5 |
|
|
— |
|
|
4 |
|
|
— |
|
|
Plan amendments
|
|
|
— |
|
|
(1 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
Foreign currency exchange rate changes
|
|
|
— |
|
|
(13 |
) |
|
— |
|
|
(23 |
) |
|
— |
|
|
(1 |
) |
|
— |
|
|
— |
|
|
Settlements/transfers
|
|
|
— |
|
|
(20 |
) |
|
— |
|
|
(10 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
Curtailments
|
|
|
— |
|
|
(38 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
Special termination benefits
|
|
|
— |
|
|
8 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
Actuarial loss
|
|
|
47 |
|
|
83 |
|
|
34 |
|
|
64 |
|
|
1 |
|
|
— |
|
|
5 |
|
|
— |
|
|
Benefits paid
|
|
|
(41 |
) |
|
(111 |
) |
|
(39 |
) |
|
(87 |
) |
|
(17 |
) |
|
(1 |
) |
|
(17 |
) |
|
(1 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Benefit obligation at end of year
|
|
$ |
834 |
|
$ |
2,331 |
|
$ |
761 |
|
$ |
2,255 |
|
$ |
128 |
|
$ |
6 |
|
$ |
129 |
|
$ |
7 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in plan assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value of plan assets at beginning of year
|
|
$ |
517 |
|
$ |
2,025 |
|
$ |
461 |
|
$ |
1,880 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
|
Actual return on plan assets
|
|
|
(7 |
) |
|
43 |
|
|
61 |
|
|
163 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
Foreign currency exchange rate changes
|
|
|
— |
|
|
(10 |
) |
|
— |
|
|
(15 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
Participant contributions
|
|
|
— |
|
|
14 |
|
|
— |
|
|
13 |
|
|
5 |
|
|
— |
|
|
4 |
|
|
— |
|
|
Other
|
|
|
— |
|
|
(1 |
) |
|
— |
|
|
2 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
Company contributions
|
|
|
69 |
|
|
86 |
|
|
34 |
|
|
79 |
|
|
12 |
|
|
1 |
|
|
13 |
|
|
1 |
|
|
Settlements/transfers
|
|
|
— |
|
|
(20 |
) |
|
— |
|
|
(10 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
Benefits paid
|
|
|
(41 |
) |
|
(111 |
) |
|
(39 |
) |
|
(87 |
) |
|
(17 |
) |
|
(1 |
) |
|
(17 |
) |
|
(1 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value of plan assets at end of year
|
|
$ |
538 |
|
$ |
2,026 |
|
$ |
517 |
|
$ |
2,025 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Funded status
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value of plan assets
|
|
$ |
538 |
|
$ |
2,026 |
|
$ |
517 |
|
$ |
2,025 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
|
Benefit obligation
|
|
|
834 |
|
|
2,331 |
|
|
761 |
|
|
2,255 |
|
|
128 |
|
|
6 |
|
|
129 |
|
|
7 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued benefit cost
|
|
$ |
(296 |
) |
$ |
(305 |
) |
$ |
(244 |
) |
$ |
(230 |
) |
$ |
(128 |
) |
$ |
(6 |
) |
$ |
(129 |
) |
$ |
(7 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amounts recognized in balance sheet
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noncurrent asset
|
|
$ |
— |
|
$ |
100 |
|
$ |
— |
|
$ |
75 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
|
Current liability
|
|
|
(6 |
) |
|
(6 |
) |
|
(5 |
) |
|
(6 |
) |
|
(12 |
) |
|
— |
|
|
(12 |
) |
|
— |
|
|
Noncurrent liability
|
|
|
(290 |
) |
|
(399 |
) |
|
(239 |
) |
|
(299 |
) |
|
(116 |
) |
|
(6 |
) |
|
(117 |
) |
|
(7 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(296 |
) |
$ |
(305 |
) |
$ |
(244 |
) |
$ |
(230 |
) |
$ |
(128 |
) |
$ |
(6 |
) |
$ |
(129 |
) |
$ |
(7 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of amounts recognized in accumulated other comprehensive loss (income) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defined Benefit Plans |
|
Other Postretirement Benefit Plans |
|
|
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
|
Amounts recognized in accumulated other comprehensive loss (income)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net actuarial loss
|
|
$ |
366 |
|
$ |
562 |
|
$ |
281 |
|
$ |
434 |
|
$ |
25 |
|
$ |
1 |
|
$ |
26 |
|
$ |
1 |
|
|
Prior service cost
|
|
|
(22 |
) |
|
2 |
|
|
(27 |
) |
|
2 |
|
|
(10 |
) |
|
— |
|
|
(13 |
) |
|
— |
|
|
Transition obligation
|
|
|
1 |
|
|
— |
|
|
1 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
345 |
|
$ |
564 |
|
$ |
255 |
|
$ |
436 |
|
$ |
15 |
|
$ |
1 |
|
$ |
13 |
|
$ |
1 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of amounts in accumulated other comprehensive loss that are expected to be recognized as components of net periodic benefit cost during the next fiscal year |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defined Benefit Plans |
|
Other Postretirement
Benefit Plans |
|
|
|
U.S. Plans |
|
Non-U.S.
Plans |
|
U.S. Plans |
|
Non-U.S.
Plans |
|
|
Actuarial loss
|
|
$ |
21 |
|
$ |
23 |
|
$ |
2 |
|
$ |
— |
|
|
Prior service cost
|
|
|
(5 |
) |
|
(2 |
) |
|
(3 |
) |
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
16 |
|
$ |
21 |
|
$ |
(1 |
) |
$ |
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Components of the net periodic benefit costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defined Benefit Plans |
|
|
|
U.S. plans |
|
Non-U.S. plans |
|
|
|
2011 |
|
2010 |
|
2009 |
|
2011 |
|
2010 |
|
2009 |
|
|
Service cost
|
|
$ |
23 |
|
$ |
21 |
|
$ |
20 |
|
$ |
44 |
|
$ |
44 |
|
$ |
43 |
|
|
Interest cost
|
|
|
44 |
|
|
40 |
|
|
41 |
|
|
110 |
|
|
102 |
|
|
102 |
|
|
Expected return on plan assets
|
|
|
(47 |
) |
|
(42 |
) |
|
(41 |
) |
|
(140 |
) |
|
(121 |
) |
|
(104 |
) |
|
Amortization of transition obligation
|
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
1 |
|
|
Amortization of prior service cost
|
|
|
(4 |
) |
|
(5 |
) |
|
(5 |
) |
|
(2 |
) |
|
(1 |
) |
|
(1 |
) |
|
Amortization of actuarial loss
|
|
|
16 |
|
|
11 |
|
|
7 |
|
|
16 |
|
|
14 |
|
|
27 |
|
|
Settlement loss (gain)
|
|
|
— |
|
|
— |
|
|
2 |
|
|
— |
|
|
— |
|
|
— |
|
|
Special termination benefits
|
|
|
— |
|
|
— |
|
|
— |
|
|
8 |
|
|
— |
|
|
2 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net periodic benefit cost
|
|
$ |
32 |
|
$ |
25 |
|
$ |
24 |
|
$ |
36 |
|
$ |
38 |
|
$ |
70 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Postretirement Benefit Plans |
|
|
|
U.S. plans |
|
Non-U.S. plans |
|
|
|
2011 |
|
2010 |
|
2009 |
|
2011 |
|
2010 |
|
2009 |
|
|
Service cost
|
|
$ |
3 |
|
$ |
3 |
|
$ |
3 |
|
$ |
— |
|
$ |
— |
|
$ |
3 |
|
|
Interest cost
|
|
|
7 |
|
|
7 |
|
|
8 |
|
|
1 |
|
|
— |
|
|
— |
|
|
Amortization of prior service cost
|
|
|
(3 |
) |
|
(3 |
) |
|
(4 |
) |
|
— |
|
|
— |
|
|
— |
|
|
Amortization of actuarial loss
|
|
|
2 |
|
|
1 |
|
|
1 |
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net periodic benefit cost
|
|
$ |
9 |
|
$ |
8 |
|
$ |
8 |
|
$ |
1 |
|
$ |
— |
|
$ |
3 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of amounts recognized in net periodic benefit cost and other comprehensive income (loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defined Benefit Plans |
|
|
|
U.S. plans |
|
Non-U.S. plans |
|
|
|
2011 |
|
2010 |
|
2009 |
|
2011 |
|
2010 |
|
2009 |
|
|
Current year actuarial loss (gain)
|
|
$ |
101 |
|
$ |
16 |
|
$ |
(7 |
) |
$ |
182 |
|
$ |
20 |
|
$ |
(124 |
) |
|
Amortization of actuarial gain
|
|
|
(16 |
) |
|
(11 |
) |
|
(7 |
) |
|
(16 |
) |
|
(14 |
) |
|
(27 |
) |
|
Current year prior service (credit) cost
|
|
|
— |
|
|
— |
|
|
— |
|
|
(2 |
) |
|
— |
|
|
1 |
|
|
Amortization of prior service cost
|
|
|
4 |
|
|
4 |
|
|
5 |
|
|
2 |
|
|
1 |
|
|
1 |
|
|
Amortization of transition asset
|
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
(1 |
) |
|
Curtailment effects
|
|
|
— |
|
|
— |
|
|
— |
|
|
(38 |
) |
|
— |
|
|
(12 |
) |
|
Settlements
|
|
|
— |
|
|
— |
|
|
(2 |
) |
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total recognized in other comprehensive loss (income)
|
|
|
89 |
|
|
9 |
|
|
(11 |
) |
|
128 |
|
|
7 |
|
|
(162 |
) |
|
Net periodic benefit cost
|
|
|
32 |
|
|
25 |
|
|
24 |
|
|
36 |
|
|
38 |
|
|
70 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total recognized in net periodic benefit cost and other comprehensive loss (income)
|
|
$ |
121 |
|
$ |
34 |
|
$ |
13 |
|
$ |
164 |
|
$ |
45 |
|
$ |
(92 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Postretirement Benefit Plans |
|
|
|
U.S. plans |
|
Non-U.S. plans |
|
|
|
2011 |
|
2010 |
|
2009 |
|
2011 |
|
2010 |
|
2009 |
|
|
Current year actuarial loss (gain)
|
|
$ |
1 |
|
$ |
5 |
|
$ |
(14 |
) |
$ |
— |
|
$ |
— |
|
$ |
— |
|
|
Amortization of actuarial gain
|
|
|
(1 |
) |
|
(2 |
) |
|
(1 |
) |
|
— |
|
|
— |
|
|
— |
|
|
Current year prior service credit
|
|
|
— |
|
|
— |
|
|
(5 |
) |
|
— |
|
|
— |
|
|
— |
|
|
Amortization of prior service cost
|
|
|
2 |
|
|
3 |
|
|
4 |
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total recognized in other comprehensive loss (income)
|
|
|
2 |
|
|
6 |
|
|
(16 |
) |
|
— |
|
|
— |
|
|
— |
|
|
Net periodic benefit cost
|
|
|
9 |
|
|
8 |
|
|
8 |
|
|
1 |
|
|
— |
|
|
3 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total recognized in net periodic benefit cost and other comprehensive loss (income)
|
|
$ |
11 |
|
$ |
14 |
|
$ |
(8 |
) |
$ |
1 |
|
$ |
— |
|
$ |
3 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of weighted-average assumptions used to determine the projected benefit obligation and the net periodic pension cost |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defined Benefit Plans |
|
|
|
U.S. plans |
|
Non U.S. plans |
|
|
|
2011 |
|
2010 |
|
2009 |
|
2011 |
|
2010 |
|
2009 |
|
|
Projected benefit obligation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Discount rate
|
|
|
5.30 |
% |
|
5.70 |
% |
|
5.90 |
% |
|
4.39 |
% |
|
4.69 |
% |
|
4.94 |
% |
|
Rate of compensation increase
|
|
|
3.88 |
% |
|
3.88 |
% |
|
3.88 |
% |
|
3.44 |
% |
|
3.38 |
% |
|
3.23 |
% |
|
Net periodic pension cost
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Discount rate
|
|
|
5.70 |
% |
|
5.90 |
% |
|
6.47 |
% |
|
4.69 |
% |
|
4.94 |
% |
|
5.04 |
% |
|
Rate of compensation increase
|
|
|
3.88 |
% |
|
3.88 |
% |
|
3.77 |
% |
|
3.38 |
% |
|
3.23 |
% |
|
3.21 |
% |
|
Expected return on plan assets
|
|
|
8.19 |
% |
|
8.20 |
% |
|
8.25 |
% |
|
6.62 |
% |
|
6.65 |
% |
|
6.62 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Postretirement Benefit Plans |
|
|
|
U.S. plans |
|
Non U.S. plans |
|
|
|
2011 |
|
2010 |
|
2009 |
|
2011 |
|
2010 |
|
2009 |
|
|
Projected benefit obligation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Discount rate
|
|
|
5.09 |
% |
|
5.46 |
% |
|
5.59 |
% |
|
6.09 |
% |
|
6.69 |
% |
|
7.47 |
% |
|
Net periodic pension cost
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Discount rate
|
|
|
5.46 |
% |
|
5.59 |
% |
|
6.39 |
% |
|
6.69 |
% |
|
7.47 |
% |
|
7.60 |
% |
|
|
|
|
| Schedule of effect on one-percent-point change in assumed health care cost trend rates |
|
|
|
|
|
|
|
|
|
|
|
Increase |
|
Decrease |
|
|
Asset category
|
|
|
|
|
|
|
|
|
Effect on total of service and interest cost
|
|
$ |
— |
|
$ |
— |
|
|
Effect on postretirement benefit obligation
|
|
|
4 |
|
|
(4 |
) |
|
|
| Schedule of projected benefit obligation and fair value of plan assets for the defined benefit plans with projected benefit obligations in excess of fair value of plan assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. plans |
|
Non-U.S. plans |
|
|
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
Projected benefit obligation in excess of plan assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Projected benefit obligation
|
|
$ |
834 |
|
$ |
761 |
|
$ |
1,897 |
|
$ |
1,797 |
|
|
Fair value of plan assets
|
|
|
538 |
|
|
517 |
|
|
1,492 |
|
|
1,493 |
|
|
|
|
|
| Schedule of defined benefit plans with an accumulated benefit obligation in excess of fair value of plan assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. plans |
|
Non-U.S. plans |
|
|
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
Accumulated benefit obligation in excess of plan assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Projected benefit obligation
|
|
$ |
834 |
|
$ |
761 |
|
$ |
1,618 |
|
$ |
745 |
|
|
Accumulated benefit obligation
|
|
|
789 |
|
|
712 |
|
|
1,500 |
|
|
684 |
|
|
Fair value of plan assets
|
|
|
538 |
|
|
517 |
|
|
1,251 |
|
|
514 |
|
|
|
|
| Schedule of expected future contributions and benefit payments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Plans |
|
Non-U.S. Plans |
|
|
|
Defined
Benefit
Plans |
|
Other
Postretirement
Benefit
Plans |
|
Defined
Benefit
Plans |
|
Other
Postretirement
Benefit
Plans |
|
|
2012 expected employer contributions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
To plan trusts
|
|
$ |
72 |
|
$ |
11 |
|
$ |
70 |
|
$ |
1 |
|
|
Expected benefit payments
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2012
|
|
|
58 |
|
|
11 |
|
|
97 |
|
|
1 |
|
|
2013
|
|
|
59 |
|
|
11 |
|
|
91 |
|
|
1 |
|
|
2014
|
|
|
50 |
|
|
11 |
|
|
93 |
|
|
1 |
|
|
2015
|
|
|
50 |
|
|
11 |
|
|
99 |
|
|
1 |
|
|
2016
|
|
|
53 |
|
|
11 |
|
|
101 |
|
|
1 |
|
|
2017 - 2021
|
|
|
302 |
|
|
50 |
|
|
546 |
|
|
2 |
|
|
|
|
| Schedule of plan assets measured at fair value on a recurring basis |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair Value Amounts Using |
|
|
Asset category
|
|
December 31,
2011 |
|
Quoted prices in
active markets
for identical
assets (Level 1) |
|
Significant other
observable
inputs
(Level 2) |
|
Significant
unobservable
inputs
(Level 3) |
|
|
U.S. pension plans:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equities
|
|
$ |
294 |
|
$ |
166 |
|
$ |
128 |
|
$ |
— |
|
|
Fixed income
|
|
|
170 |
|
|
106 |
|
|
64 |
|
|
— |
|
|
Real estate/other
|
|
|
72 |
|
|
45 |
|
|
— |
|
|
27 |
|
|
Cash
|
|
|
2 |
|
|
2 |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
Total U.S. pension plan assets
|
|
$ |
538 |
|
$ |
319 |
|
$ |
192 |
|
$ |
27 |
|
| |
|
|
|
|
|
|
|
|
|
|
Non-U.S. pension plans:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equities
|
|
$ |
771 |
|
$ |
361 |
|
$ |
410 |
|
$ |
— |
|
|
Fixed income
|
|
|
923 |
|
|
304 |
|
|
619 |
|
|
— |
|
|
Real estate/other
|
|
|
316 |
|
|
1 |
|
|
281 |
|
|
34 |
|
|
Cash
|
|
|
16 |
|
|
16 |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
Total non-U.S. pension plan assets
|
|
$ |
2,026 |
|
$ |
682 |
|
$ |
1,310 |
|
$ |
34 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair Value Amounts Using |
|
|
Asset category
|
|
December 31,
2010 |
|
Quoted prices in
active markets
for identical
assets (Level 1) |
|
Significant other
observable
inputs
(Level 2) |
|
Significant
unobservable
inputs
(Level 3) |
|
|
U.S. pension plans:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equities
|
|
$ |
295 |
|
$ |
174 |
|
$ |
121 |
|
$ |
— |
|
|
Fixed income
|
|
|
155 |
|
|
97 |
|
|
57 |
|
|
1 |
|
|
Real estate/other
|
|
|
64 |
|
|
45 |
|
|
— |
|
|
19 |
|
|
Cash
|
|
|
3 |
|
|
3 |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
Total U.S. pension plan assets
|
|
$ |
517 |
|
$ |
319 |
|
$ |
178 |
|
$ |
20 |
|
| |
|
|
|
|
|
|
|
|
|
|
Non-U.S. pension plans:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equities
|
|
$ |
868 |
|
$ |
440 |
|
$ |
428 |
|
$ |
— |
|
|
Fixed income
|
|
|
891 |
|
|
244 |
|
|
647 |
|
|
— |
|
|
Real estate/other
|
|
|
248 |
|
|
2 |
|
|
213 |
|
|
33 |
|
|
Cash
|
|
|
18 |
|
|
18 |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
Total non-U.S. pension plan assets
|
|
$ |
2,025 |
|
$ |
704 |
|
$ |
1,288 |
|
$ |
33 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Reconciliation of the beginning and ending balances of plan assets measured at fair value using unobservable inputs (level 3) |
|
|
|
|
|
|
|
|
|
|
|
Real Estate/Other |
|
|
Fair Value Measurements of Plan Assets Using Significant Unobservable Inputs (Level 3)
|
|
Year ended
December 31,
2011 |
|
Year ended
December 31,
2010 |
|
|
Balance at beginning of period
|
|
$ |
52 |
|
$ |
33 |
|
|
Return on pension plan assets
|
|
|
(1 |
) |
|
3 |
|
|
Purchases, sales and settlements
|
|
|
10 |
|
|
16 |
|
| |
|
|
|
|
|
|
Balance at end of period
|
|
$ |
61 |
|
$ |
52 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed Income |
|
|
Fair Value Measurements of Plan Assets Using Significant Unobservable Inputs (Level 3)
|
|
Year ended
December 31,
2011 |
|
Year ended
December 31,
2010 |
|
|
Balance at beginning of period
|
|
$ |
1 |
|
$ |
— |
|
|
Return on pension plan assets
|
|
|
— |
|
|
— |
|
|
Purchases, sales and settlements
|
|
|
(1 |
) |
|
1 |
|
| |
|
|
|
|
|
|
Balance at end of period
|
|
$ |
— |
|
$ |
1 |
|
| |
|
|
|
|
|
|
|
| Schedule of asset allocation for pension plans and the target allocation, by asset category |
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset category
|
|
Target
Allocation
2012 |
|
Allocation at
December 31,
2011 |
|
Allocation at
December 31,
2010 |
|
|
U.S. pension plans:
|
|
|
|
|
|
|
|
|
|
|
|
Equities
|
|
|
54 |
% |
|
55 |
% |
|
57 |
% |
|
Fixed income
|
|
|
33 |
% |
|
32 |
% |
|
30 |
% |
|
Real estate/other
|
|
|
13 |
% |
|
13 |
% |
|
12 |
% |
|
Cash
|
|
|
— |
|
|
— |
|
|
1 |
% |
| |
|
|
|
|
|
|
|
|
Total U.S. pension plans
|
|
|
100 |
% |
|
100 |
% |
|
100 |
% |
| |
|
|
|
|
|
|
|
|
Non-U.S. pension plans:
|
|
|
|
|
|
|
|
|
|
|
|
Equities
|
|
|
39 |
% |
|
38 |
% |
|
43 |
% |
|
Fixed income
|
|
|
45 |
% |
|
46 |
% |
|
44 |
% |
|
Real estate/other
|
|
|
15 |
% |
|
15 |
% |
|
12 |
% |
|
Cash
|
|
|
1 |
% |
|
1 |
% |
|
1 |
% |
| |
|
|
|
|
|
|
|
|
Total non-U.S. pension plans
|
|
|
100 |
% |
|
100 |
% |
|
100 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
Huntsman International LLC and Subsidiaries
|
|
| DEFINED BENEFIT AND OTHER POSTRETIREMENT BENEFIT PLANS |
|
| Schedule of amounts recognized in accumulated other comprehensive loss (income) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defined Benefit Plans |
|
Other Postretirement Benefit Plans |
|
|
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
U.S.
Plans |
|
Non-U.S.
Plans |
|
|
Amounts recognized in accumulated other comprehensive loss (income)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net actuarial loss
|
|
$ |
368 |
|
$ |
636 |
|
$ |
284 |
|
$ |
513 |
|
$ |
25 |
|
$ |
1 |
|
$ |
26 |
|
$ |
1 |
|
|
Prior service cost
|
|
|
(22 |
) |
|
2 |
|
|
(27 |
) |
|
2 |
|
|
(10 |
) |
|
— |
|
|
(13 |
) |
|
— |
|
|
Transition obligation
|
|
|
1 |
|
|
— |
|
|
1 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
347 |
|
$ |
638 |
|
$ |
258 |
|
$ |
515 |
|
$ |
15 |
|
$ |
1 |
|
$ |
13 |
|
$ |
1 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of amounts in accumulated other comprehensive loss that are expected to be recognized as components of net periodic benefit cost during the next fiscal year |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defined Benefit Plans |
|
Other Postretirement
Benefit Plans |
|
|
|
U.S. Plans |
|
Non-U.S.
Plans |
|
U.S. Plans |
|
Non-U.S.
Plans |
|
|
Actuarial loss
|
|
$ |
21 |
|
$ |
28 |
|
$ |
2 |
|
$ |
— |
|
|
Prior service cost
|
|
|
(5 |
) |
|
(2 |
) |
|
(3 |
) |
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
16 |
|
$ |
26 |
|
$ |
(1 |
) |
$ |
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Components of the net periodic benefit costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defined Benefit Plans |
|
|
|
U.S. plans |
|
Non-U.S. plans |
|
|
|
2011 |
|
2010 |
|
2009 |
|
2011 |
|
2010 |
|
2009 |
|
|
Service cost
|
|
$ |
23 |
|
$ |
21 |
|
$ |
20 |
|
$ |
44 |
|
$ |
44 |
|
$ |
43 |
|
|
Interest cost
|
|
|
44 |
|
|
40 |
|
|
41 |
|
|
110 |
|
|
102 |
|
|
102 |
|
|
Expected return on plan assets
|
|
|
(47 |
) |
|
(42 |
) |
|
(41 |
) |
|
(140 |
) |
|
(121 |
) |
|
(104 |
) |
|
Amortization of transition obligation
|
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
1 |
|
|
Amortization of prior service cost
|
|
|
(4 |
) |
|
(5 |
) |
|
(5 |
) |
|
(2 |
) |
|
(1 |
) |
|
(1 |
) |
|
Amortization of actuarial loss
|
|
|
16 |
|
|
11 |
|
|
7 |
|
|
21 |
|
|
19 |
|
|
33 |
|
|
Settlement loss
|
|
|
— |
|
|
— |
|
|
2 |
|
|
— |
|
|
— |
|
|
— |
|
|
Special termination benefits
|
|
|
— |
|
|
— |
|
|
— |
|
|
8 |
|
|
— |
|
|
2 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net periodic benefit cost
|
|
$ |
32 |
|
$ |
25 |
|
$ |
24 |
|
$ |
41 |
|
$ |
43 |
|
$ |
76 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Postretirement Benefit Plans |
|
|
|
U.S. plans |
|
Non-U.S. plans |
|
|
|
2011 |
|
2010 |
|
2009 |
|
2011 |
|
2010 |
|
2009 |
|
|
Service cost
|
|
$ |
3 |
|
$ |
3 |
|
$ |
3 |
|
$ |
— |
|
$ |
— |
|
$ |
3 |
|
|
Interest cost
|
|
|
7 |
|
|
7 |
|
|
8 |
|
|
1 |
|
|
— |
|
|
— |
|
|
Amortization of prior service cost
|
|
|
(3 |
) |
|
(3 |
) |
|
(4 |
) |
|
— |
|
|
— |
|
|
— |
|
|
Amortization of actuarial loss
|
|
|
2 |
|
|
1 |
|
|
1 |
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net periodic benefit cost
|
|
$ |
9 |
|
$ |
8 |
|
$ |
8 |
|
$ |
1 |
|
$ |
— |
|
$ |
3 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of amounts recognized in net periodic benefit cost and other comprehensive income (loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defined Benefit Plans |
|
|
|
U.S. plans |
|
Non-U.S. plans |
|
|
|
2011 |
|
2010 |
|
2009 |
|
2011 |
|
2010 |
|
2009 |
|
|
Current year actuarial loss (gain)
|
|
$ |
101 |
|
$ |
16 |
|
$ |
(7 |
) |
$ |
182 |
|
$ |
20 |
|
$ |
(124 |
) |
|
Amortization of actuarial gain
|
|
|
(16 |
) |
|
(11 |
) |
|
(7 |
) |
|
(21 |
) |
|
(19 |
) |
|
(33 |
) |
|
Current year prior service (credit) cost
|
|
|
— |
|
|
— |
|
|
— |
|
|
(2 |
) |
|
— |
|
|
1 |
|
|
Amortization of prior service cost
|
|
|
4 |
|
|
4 |
|
|
5 |
|
|
2 |
|
|
1 |
|
|
1 |
|
|
Amortization of transition asset
|
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
(1 |
) |
|
Curtailment effects
|
|
|
— |
|
|
— |
|
|
— |
|
|
(38 |
) |
|
— |
|
|
(12 |
) |
|
Settlements
|
|
|
— |
|
|
— |
|
|
(2 |
) |
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total recognized in other comprehensive loss (income)
|
|
|
89 |
|
|
9 |
|
|
(11 |
) |
|
123 |
|
|
2 |
|
|
(168 |
) |
|
Net periodic benefit cost
|
|
|
32 |
|
|
25 |
|
|
24 |
|
|
41 |
|
|
43 |
|
|
76 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total recognized in net periodic benefit cost and other comprehensive loss (income)
|
|
$ |
121 |
|
$ |
34 |
|
$ |
13 |
|
$ |
164 |
|
$ |
45 |
|
$ |
(92 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Postretirement Benefit Plans |
|
|
|
U.S. plans |
|
Non-U.S. plans |
|
|
|
2011 |
|
2010 |
|
2009 |
|
2011 |
|
2010 |
|
2009 |
|
|
Current year actuarial loss (gain)
|
|
$ |
1 |
|
$ |
5 |
|
$ |
(14 |
) |
$ |
— |
|
$ |
— |
|
$ |
— |
|
|
Amortization of actuarial gain
|
|
|
(1 |
) |
|
(2 |
) |
|
(1 |
) |
|
— |
|
|
— |
|
|
— |
|
|
Current year prior service credit
|
|
|
— |
|
|
— |
|
|
(5 |
) |
|
— |
|
|
— |
|
|
— |
|
|
Amortization of prior service cost
|
|
|
2 |
|
|
3 |
|
|
4 |
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total recognized in other comprehensive loss (income)
|
|
|
2 |
|
|
6 |
|
|
(16 |
) |
|
— |
|
|
— |
|
|
— |
|
|
Net periodic benefit cost
|
|
|
9 |
|
|
8 |
|
|
8 |
|
|
1 |
|
|
— |
|
|
3 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total recognized in net periodic benefit cost and other comprehensive loss (income)
|
|
$ |
11 |
|
$ |
14 |
|
$ |
(8 |
) |
$ |
1 |
|
$ |
— |
|
$ |
3 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|