Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)
In Millions, except Share data, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Accounts and notes receivable, allowance for doubtful accounts (in dollars) $ 44 $ 46
Accounts and notes receivable, pledged as collateral (in dollars) 649 659
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized 1,200,000,000 1,200,000,000
Common stock, shares issued 243,468,351 241,836,001
Common stock, shares outstanding 237,890,371 235,746,087
Treasury stock, shares 4,043,526 4,043,526
Variable Interest Entity    
Cash and cash equivalents 452 [1] 554 [1]
Restricted cash 9 [1] 8 [1]
Accounts and notes receivable (net) 1,677 [1] 1,529 [1]
Inventories 1,645 [1] 1,539 [1]
Other current assets 209 [1] 245 [1]
Property, plant and equipment (net) 3,536 [1] 3,622 [1]
Intangible assets (net) 78 [1] 91 [1]
Other noncurrent assets 486 [1] 482 [1]
Accounts payable 976 [1] 862 [1]
Accrued liabilities 669 [1] 695 [1]
Current portion of debt 143 [1] 212 [1]
Long-term debt 3,601 [1] 3,730 [1]
Other noncurrent liabilities 929 [1] 1,012 [1]
Huntsman International LLC Variable Interest Entity
   
Variable Interest Entity    
Cash and cash equivalents 34 44
Restricted cash 9 2
Accounts and notes receivable (net) 36 29
Inventories 50 47
Other current assets 1 1
Property, plant and equipment (net) 383 403
Intangible assets (net) 20 23
Other noncurrent assets 22 21
Accounts payable 54 55
Accrued liabilities 22 21
Current portion of debt 23 16
Long-term debt 248 264
Other noncurrent liabilities 74 111
Consolidated VIE's
   
Variable Interest Entity    
Cash and cash equivalents 34 44
Restricted cash 9 2
Accounts and notes receivable (net) 36 29
Inventories 50 47
Other current assets 1 1
Property, plant and equipment (net) 383 403
Intangible assets (net) 20 23
Other noncurrent assets 22 21
Accounts payable 54 55
Accrued liabilities 22 21
Current portion of debt 23 16
Long-term debt 248 264
Other noncurrent liabilities 74 111
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
   
Accounts and notes receivable, allowance for doubtful accounts (in dollars) 44 46
Accounts and notes receivable, pledged as collateral (in dollars) 649 659
Members' equity, units issued (in units) 2,728 2,728
Members' equity, units outstanding (in units) 2,728 2,728
Variable Interest Entity    
Cash and cash equivalents 201 [1] 231 [1]
Restricted cash 9 [1] 8 [1]
Accounts and notes receivable (net) 1,677 [1] 1,529 [1]
Inventories 1,645 [1] 1,539 [1]
Other current assets 209 [1] 220 [1]
Property, plant and equipment (net) 3,436 [1] 3,510 [1]
Intangible assets (net) 80 [1] 93 [1]
Other noncurrent assets 486 [1] 482 [1]
Accounts payable 976 [1] 862 [1]
Accrued liabilities 641 [1] 694 [1]
Current portion of debt 143 [1] 212 [1]
Long-term debt 3,601 [1] 3,730 [1]
Other noncurrent liabilities $ 926 [1] $ 1,003 [1]
[1] At June 30, 2012 and December 31, 2011, respectively, $34 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $36 and $29 of accounts and notes receivable (net), $50 and $47 of inventories, $1 each of other current assets, $383 and $403 of property, plant and equipment (net), $20 and $23 of intangible assets (net), $22 and $21 of other noncurrent assets, $54 and $55 of accounts payable, $22 and $21 of accrued liabilities, $23 and $16 of current portion of debt, $248 and $264 of long-term debt, and $74 and $111 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See "Note 5. Variable Interest Entities."