Annual report pursuant to Section 13 and 15(d)

OTHER NONCURRENT ASSETS (Details)

v3.3.1.900
OTHER NONCURRENT ASSETS (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OTHER NONCURRENT ASSETS      
Capitalized turnaround costs $ 248 $ 191  
Spare parts inventory 95 96  
Deposits 45 43  
Catalyst assets 44 28  
Investment in available for sale securities 18    
Pension assets 35 8  
Other 88 93  
Total [1] 573 459  
Amortization expense of catalyst assets $ 14 $ 13 $ 12
[1] At December 31, 2015 and December 31, 2014, respectively, $34 and $46 of cash and cash equivalents, $12 and $10 of restricted cash, $26 and $41 of accounts and notes receivable (net), $54 and $68 of inventories, $5 and $6 of other current assets, $307 and $339 of property, plant and equipment (net), $36 and $40 of intangible assets (net), $38 and $27 of other noncurrent assets, $82 and $92 of accounts payable, $27 and $37 of accrued liabilities, $15 and $172 of current portion of debt, $137 and $36 of longterm debt, and $54 and $97 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See “Note 7. Variable Interest Entities.”