Registration of securities issued in business combination transactions

CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Details)

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CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Details) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Sep. 30, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Condensed consolidating financial statements            
Percentage of holding in subsidiaries 100.00% 100.00%        
Current assets:            
Cash and cash equivalents $ 271 [1] $ 231 [1] $ 234 $ 561 [2] $ 919 $ 87
Restricted cash 9 [1] 8 [1]   7 [2]    
Accounts and notes receivable (net) 1,626 [1] 1,529 [1]   1,413 [2]    
Accounts receivable from affiliates 263 148   100    
Inventories 1,807 [1] 1,539 [1]   1,396 [2]    
Prepaid expenses 63 46   45    
Deferred income taxes 40 40   40    
Other current assets 234 [1] 220 [1]   160 [2]    
Total current assets 4,313 3,761   3,722    
Property, plant and equipment, net 3,531 [1] 3,510 [1]   3,469 [2]    
Investment in unconsolidated affiliates 223 202   234    
Intangible assets, net 75 [1] 93 [1]   107 [2]    
Goodwill 107 114   94    
Deferred income taxes 190 163   179    
Notes receivable from affiliates 2 5   7    
Other noncurrent assets 484 [1] 482 [1]   495 [2]    
Total assets 8,925 8,330   8,307    
Current liabilities:            
Accounts payable 1,017 [1] 862 [1]   840 [2]    
Accounts payable to affiliates 51 64   59    
Accrued liabilities 718 [1] 694 [1]   626 [2]    
Deferred income taxes 29 29   63    
Note payable to affiliate 100 100   100    
Current portion of debt 130 [1] 212 [1]   519 [2]    
Total current liabilities 2,045 1,961   2,207    
Long-term debt 3,550 [1] 3,730 [1]   3,627 [2]    
Notes payable to affiliates 610 439   439    
Deferred income taxes 272 106   94    
Other noncurrent liabilities 907 [1] 1,003 [1]   852 [2]    
Total liabilities 7,384 7,239   7,219    
Huntsman International LLC members' equity:            
Members' equity 3,103 3,081   3,049    
Accumulated deficit (1,155) (1,493)   (1,667)    
Accumulated other comprehensive (loss) income (531) (611)   (354)    
Total Huntsman International LLC members' equity 1,417 977   1,028    
Noncontrolling interests in subsidiaries 124 114   60    
Total equity 1,541 1,091 1,246 1,088 847 919
Total liabilities and equity 8,925 8,330   8,307    
Parent Company
            
Current assets:            
Cash and cash equivalents 4 4 6 220 688  
Accounts and notes receivable (net) 34 13   17    
Accounts receivable from affiliates 1,621 1,105   1,275    
Inventories 91 105   78    
Prepaid expenses 9 9   11    
Deferred income taxes 6 6   5    
Other current assets 218 90        
Total current assets 1,983 1,332   1,606    
Property, plant and equipment, net 375 393   417    
Investment in unconsolidated affiliates 5,875 5,286   5,018    
Intangible assets, net 30 42   62    
Goodwill (16) (16)   (17)    
Deferred income taxes 66 154   (9)    
Notes receivable from affiliates 20 20   51    
Other noncurrent assets 84 81   73    
Total assets 8,417 7,292   7,201    
Current liabilities:            
Accounts payable 55 53   42    
Accounts payable to affiliates 2,955 2,244   1,892    
Accrued liabilities 91 117   102    
Note payable to affiliate 100 100   100    
Current portion of debt 24 33   114    
Total current liabilities 3,225 2,547   2,250    
Long-term debt 2,995 3,128   3,320    
Notes payable to affiliates 607 435   435    
Deferred income taxes   9   8    
Other noncurrent liabilities 173 196   160    
Total liabilities 7,000 6,315   6,173    
Huntsman International LLC members' equity:            
Members' equity 3,103 3,081   3,049    
Accumulated deficit (1,155) (1,493)   (1,667)    
Accumulated other comprehensive (loss) income (531) (611)   (354)    
Total Huntsman International LLC members' equity 1,417 977   1,028    
Total equity 1,417 977   1,028    
Total liabilities and equity 8,417 7,292   7,201    
Guarantors
            
Current assets:            
Cash and cash equivalents 3   2 9 24 3
Accounts and notes receivable (net) 146 151   112    
Accounts receivable from affiliates 3,933 3,041   2,530    
Inventories 312 271   240    
Prepaid expenses 11 7   6    
Other current assets 4 9   3    
Total current assets 4,409 3,479   2,900    
Property, plant and equipment, net 859 868   881    
Investment in unconsolidated affiliates 1,670 1,460   1,403    
Intangible assets, net 2 2   3    
Goodwill 82 82   84    
Notes receivable from affiliates 928 920   930    
Other noncurrent assets 133 137   169    
Total assets 8,083 6,948   6,370    
Current liabilities:            
Accounts payable 251 205   212    
Accounts payable to affiliates 1,119 822   860    
Accrued liabilities 353 204   77    
Deferred income taxes 39 39   55    
Total current liabilities 1,762 1,270   1,204    
Deferred income taxes 144 79   (28)    
Other noncurrent liabilities 152 163   138    
Total liabilities 2,058 1,512   1,314    
Huntsman International LLC members' equity:            
Members' equity 4,732 4,754   4,764    
Accumulated deficit (289) (820)   (1,308)    
Accumulated other comprehensive (loss) income 1,582 1,502   1,600    
Total Huntsman International LLC members' equity 6,025 5,436   5,056    
Total equity 6,025 5,436   5,056    
Total liabilities and equity 8,083 6,948   6,370    
Non-guarantors
            
Current assets:            
Cash and cash equivalents 264 227 226 332 207 84
Restricted cash 9 8   7    
Accounts and notes receivable (net) 1,446 1,365   1,284    
Accounts receivable from affiliates 119 93   79    
Inventories 1,411 1,167   1,089    
Prepaid expenses 61 43   42    
Deferred income taxes 49 49   44    
Other current assets 230 222   160    
Total current assets 3,589 3,174   3,037    
Property, plant and equipment, net 2,297 2,247   2,169    
Investment in unconsolidated affiliates 134 147   172    
Intangible assets, net 47 52   42    
Goodwill 41 48   27    
Deferred income taxes 189 191   161    
Notes receivable from affiliates 2 5   7    
Other noncurrent assets 267 264   253    
Total assets 6,566 6,128   5,868    
Current liabilities:            
Accounts payable 711 604   586    
Accounts payable to affiliates 1,386 1,089   1,091    
Accrued liabilities 509 487   464    
Deferred income taxes 7 7   19    
Current portion of debt 106 179   405    
Total current liabilities 2,719 2,366   2,565    
Long-term debt 555 602   307    
Notes payable to affiliates 952 944   985    
Deferred income taxes 94 98   86    
Other noncurrent liabilities 582 644   555    
Total liabilities 4,902 4,654   4,498    
Huntsman International LLC members' equity:            
Members' equity 2,349 2,343   2,217    
Subsidiary preferred stock       1    
Accumulated deficit (295) (396)   (549)    
Accumulated other comprehensive (loss) income (471) (546)   (318)    
Total Huntsman International LLC members' equity 1,583 1,401   1,351    
Noncontrolling interests in subsidiaries 81 73   19    
Total equity 1,664 1,474   1,370    
Total liabilities and equity 6,566 6,128   5,868    
Eliminations
            
Current assets:            
Accounts receivable from affiliates (5,410) (4,091)   (3,784)    
Inventories (7) (4)   (11)    
Prepaid expenses (18) (13)   (14)    
Deferred income taxes (15) (15)   (9)    
Other current assets (218) (101)   (3)    
Total current assets (5,668) (4,224)   (3,821)    
Property, plant and equipment, net   2   2    
Investment in unconsolidated affiliates (7,456) (6,691)   (6,359)    
Intangible assets, net (4) (3)        
Deferred income taxes (65) (182)   27    
Notes receivable from affiliates (948) (940)   (981)    
Total assets (14,141) (12,038)   (11,132)    
Current liabilities:            
Accounts payable to affiliates (5,409) (4,091)   (3,784)    
Accrued liabilities (235) (114)   (17)    
Deferred income taxes (17) (17)   (11)    
Total current liabilities (5,661) (4,222)   (3,812)    
Notes payable to affiliates (949) (940)   (981)    
Deferred income taxes 34 (80)   28    
Other noncurrent liabilities       (1)    
Total liabilities (6,576) (5,242)   (4,766)    
Huntsman International LLC members' equity:            
Members' equity (7,081) (7,097)   (6,981)    
Subsidiary preferred stock       (1)    
Accumulated deficit 584 1,216   1,857    
Accumulated other comprehensive (loss) income (1,111) (956)   (1,282)    
Total Huntsman International LLC members' equity (7,608) (6,837)   (6,407)    
Noncontrolling interests in subsidiaries 43 41   41    
Total equity (7,565) (6,796)   (6,366)    
Total liabilities and equity $ (14,141) $ (12,038)   $ (11,132)    
[1] At September 30, 2012 and December 31, 2011, respectively, $31 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $40 and $29 of accounts and notes receivable (net), $42 and $47 of inventories, $1 each of other current assets, $382 and $403 of property, plant and equipment (net), $20 and $23 of intangible assets (net), $27 and $21 of other noncurrent assets, $63 and $55 of accounts payable, $25 and $21 of accrued liabilities, $25 and $16 of current portion of debt, $241 and $264 of long-term debt, and $72 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."
[2] 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."