Annual report pursuant to Section 13 and 15(d)

OTHER NONCURRENT ASSETS (Details)

v2.4.0.6
OTHER NONCURRENT ASSETS (Details) (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
OTHER NONCURRENT ASSETS      
Pension assets $ 100 $ 75  
Debt issuance costs 31 33  
Capitalized turnaround costs 141 164  
Spare parts inventory 89 81  
Catalyst assets 23 21  
Deposits 31 55  
Other 67 66  
Total 482 [1] 495 [1]  
Amortization expense of catalyst assets $ 12 $ 12 $ 14
[1] At December 31, 2011 and 2010, respectively, $44 and $7 of cash and cash equivalents, $2 and nil of restricted cash, $29 and $8 of accounts and notes receivable (net), $47 and $45 of inventories, $1 and $2 of other current assets, $403 and $275 of property, plant and equipment (net), $23 and $7 of intangible assets (net), $21 and $18 of other noncurrent assets, $55 and $56 of accounts payable, $21 and $16 of accrued liabilities, $16 and $15 of current portion of debt, $264 and $185 of long-term debt, and $111 and $109 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 7. Variable Interest Entities."