RESTRUCTURING, IMPAIRMENT AND PLANT CLOSING COSTS (Details 4) (USD $) In Millions, unless otherwise specified
|
3 Months Ended |
12 Months Ended |
|
Dec. 31, 2011
|
Sep. 30, 2011
|
Jun. 30, 2011
|
Mar. 31, 2011
|
Dec. 31, 2010
|
Sep. 30, 2010
|
Jun. 30, 2010
|
Mar. 31, 2010
|
Dec. 31, 2011
|
Dec. 31, 2010
|
Dec. 31, 2009
|
Dec. 31, 2008
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Reversal of reserves no longer required |
|
|
|
|
|
|
|
|
$ (5)
|
$ (7)
|
$ (8)
|
|
Non-cash charges |
|
|
|
|
|
|
|
|
60
|
2
|
13
|
|
Total Restructuring, Impairment and Plant Closing Costs |
(4)
|
155
|
9
|
7
|
5
|
4
|
17
|
3
|
167
|
29
|
88
|
|
Restructuring reserve |
92
|
|
|
|
49
|
|
|
|
92
|
49
|
75
|
75
|
Restructuring charges related to employee termination costs recorded in connection with the acquisition |
|
|
|
|
|
|
|
|
|
|
5
|
|
Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Reversal of reserves no longer required |
|
|
|
|
|
|
|
|
(5)
|
(6)
|
(8)
|
|
Restructuring reserve |
73
|
|
|
|
36
|
|
|
|
73
|
36
|
60
|
68
|
Restructuring charges related to employee termination costs recorded in connection with the acquisition |
|
|
|
|
|
|
|
|
|
|
5
|
|
Decommissioning
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring reserve |
|
|
|
|
1
|
|
|
|
|
1
|
2
|
2
|
Advanced Materials
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
20
|
|
12
|
|
Reversal of reserves no longer required |
|
|
|
|
|
|
|
|
(1)
|
(3)
|
|
|
Restructuring reserve |
12
|
|
|
|
2
|
|
|
|
12
|
2
|
7
|
1
|
Advanced Materials | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
12
|
|
12
|
|
Restructuring reserve |
|
|
|
|
|
|
|
|
|
|
7
|
|
Textile Effects
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
22
|
|
|
|
Estimated additional charges |
|
|
|
|
|
|
|
|
25
|
|
|
|
Reversal of reserves no longer required |
|
|
|
|
|
|
|
|
(4)
|
(1)
|
(7)
|
|
Restructuring charges related to the simplification of the commercial organization and optimization of our distribution network |
|
|
|
|
|
|
|
|
5
|
|
|
|
Restructuring reserve |
69
|
|
|
|
25
|
|
|
|
69
|
25
|
17
|
63
|
Restructuring reserve related to the streamlining of business |
|
|
|
|
1
|
|
|
|
|
1
|
5
|
|
Number of new strategic business units resulting from streamlining of business |
|
|
|
|
|
|
|
|
|
2
|
2
|
|
Restructuring charges related to employee termination costs recorded in connection with the acquisition |
|
|
|
|
|
|
|
|
|
|
5
|
|
Textile Effects | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
62
|
|
|
|
Textile Effects | Pension curtailment gain
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Pension curtailment gain |
|
|
|
|
|
|
|
|
38
|
|
|
|
Textile Effects | Simplification of the commercial organization and optimization of our distribution network
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring reserve |
2
|
|
|
|
|
|
|
|
2
|
|
|
|
Textile Effects | Langweid, Germany and Basel, Switzerland | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Reversal of reserves no longer required |
|
|
|
|
|
|
|
|
(4)
|
|
|
|
Textile Effects | Langweid, Germany | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
13
|
|
Restructuring reserve |
2
|
|
|
|
3
|
|
|
|
2
|
3
|
7
|
|
Textile Effects | Basel, Switzerland
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
15
|
|
|
Restructuring reserve |
15
|
|
|
|
19
|
|
|
|
15
|
19
|
|
|
Textile Effects | Basel, Switzerland | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
12
|
|
|
|
Textile Effects | Basel, Switzerland | Closure of facility
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring reserve |
47
|
|
|
|
|
|
|
|
47
|
|
|
|
Textile Effects | North Carolina consolidation
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
4
|
|
|
|
Restructuring reserve |
1
|
|
|
|
|
|
|
|
1
|
|
|
|
Textile Effects | Textile Effects Acquisition
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring reserve |
2
|
|
|
|
2
|
|
|
|
2
|
2
|
5
|
|
Restructuring charges related to employee termination costs recorded in connection with the acquisition |
|
|
|
|
|
|
|
|
|
|
5
|
|
Pigments
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
10
|
|
47
|
|
Reversal of reserves no longer required |
|
|
|
|
|
|
|
|
|
(2)
|
(1)
|
|
Restructuring reserve |
3
|
|
|
|
8
|
|
|
|
3
|
8
|
11
|
7
|
Pigments | Contract terminations
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
14
|
|
Pigments | Decommissioning
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
8
|
|
Pigments | Grimsby, U.K. plant
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
7
|
7
|
29
|
|
Non-cash charges |
|
|
|
|
|
|
|
|
|
|
4
|
|
Expected additional charges related to closure of Grimsby, U.K. plant |
|
|
|
|
|
|
|
|
|
8
|
|
|
Pigments | Umbogintwini, South Africa plant | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
3
|
|
|
|
Pigments | Huelva, Spain and Scarlino, Italy plants | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring reserve |
3
|
|
|
|
|
|
|
|
3
|
|
|
|
Pigments | Huelva, Spain plant | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
18
|
|
Restructuring reserve |
|
|
|
|
|
|
|
|
|
|
11
|
|
Pigments | Grimsby United Kingdom and Scarlino Italy Plants
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Expected additional charges related to closure and workforce reductions |
6
|
|
|
|
|
|
|
|
6
|
|
|
|
Performance Products
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring reserve |
1
|
|
|
|
1
|
|
|
|
1
|
1
|
|
1
|
Performance Products | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring reserve |
|
|
|
|
1
|
|
|
|
|
1
|
|
|
Corporate and other
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Reversal of reserves no longer required |
|
|
|
|
|
|
|
|
|
(1)
|
|
|
Non-cash charges |
|
|
|
|
|
|
|
|
|
|
3
|
|
Restructuring reserve |
1
|
|
|
|
5
|
|
|
|
1
|
5
|
4
|
|
Corporate and other | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
2
|
5
|
11
|
|
Discontinued Operations
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring reserve |
6
|
|
|
|
8
|
|
|
|
6
|
8
|
34
|
|
Discontinued Operations | Australian styrenics business
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
6
|
|
63
|
|
Restructuring reserve |
|
|
|
|
8
|
|
|
|
|
8
|
34
|
|
Discontinued Operations | Australian styrenics business | Contract terminations
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
8
|
|
Discontinued Operations | Australian styrenics business | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
25
|
|
Discontinued Operations | Australian styrenics business | Decommissioning
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
30
|
|
Polyurethanes
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring reserve |
|
|
|
|
|
|
|
|
|
|
2
|
3
|
Polyurethanes | Rozenburg, The Netherlands site
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring reserve |
|
|
|
|
|
|
|
|
|
|
2
|
|
Continuing operations
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Non-cash charges |
|
|
|
|
|
|
|
|
60
|
2
|
12
|
|
2005 initiatives and prior
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
1
|
|
|
2006 initiatives
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
1
|
|
2006 initiatives | Textile Effects
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
1
|
|
2008 initiatives
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
1
|
5
|
|
Restructuring reserve |
|
|
|
|
1
|
|
|
|
|
1
|
|
|
2008 initiatives | Textile Effects
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
1
|
2
|
|
2008 initiatives | Pigments
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
2
|
|
2008 initiatives | Polyurethanes
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
1
|
|
2009 initiatives
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
7
|
9
|
78
|
|
Restructuring reserve |
11
|
|
|
|
20
|
|
|
|
11
|
20
|
|
|
2009 initiatives | Advanced Materials
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
1
|
12
|
|
2009 initiatives | Textile Effects
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
10
|
|
2009 initiatives | Pigments
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
7
|
8
|
45
|
|
2009 initiatives | Corporate and other
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
|
11
|
|
2010 initiatives
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
15
|
23
|
|
|
Restructuring reserve |
16
|
|
|
|
24
|
|
|
|
16
|
24
|
|
|
2010 initiatives | Advanced Materials | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Reversal of reserves no longer required |
|
|
|
|
|
|
|
|
|
2
|
|
|
2010 initiatives | Textile Effects
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
13
|
15
|
|
|
2010 initiatives | Performance Products
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
|
2
|
|
|
2010 initiatives | Performance Products | Workforce reductions
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Total Restructuring, Impairment and Plant Closing Costs |
|
|
|
|
|
|
|
|
|
2
|
|
|
2010 initiatives | Corporate and other
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
2
|
6
|
|
|
2011 initiatives
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
89
|
|
|
|
Restructuring reserve |
63
|
|
|
|
|
|
|
|
63
|
|
|
|
2011 initiatives | Advanced Materials
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
21
|
|
|
|
2011 initiatives | Textile Effects
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
65
|
|
|
|
2011 initiatives | Pigments
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
3
|
|
|
|
2006 initiatives and prior
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
1
|
|
|
|
Restructuring reserve |
2
|
|
|
|
4
|
|
|
|
2
|
4
|
|
|
2006 initiatives and prior | Textile Effects
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued restructuring costs by type of cost and initiative |
|
|
|
|
|
|
|
|
|
|
|
|
Restructuring charges |
|
|
|
|
|
|
|
|
$ 1
|
|
|
|