Annual report pursuant to Section 13 and 15(d)

VARIABLE INTEREST ENTITIES (Tables)

v2.4.0.6
VARIABLE INTEREST ENTITIES (Tables)
12 Months Ended
Dec. 31, 2012
Rubicon LLC, Pacific Iron Products, Arabian Amines and Sasol Huntsman GmbH and Co. KG
 
Identification of variable interest entities through investments and transactions  
Schedule of assets and liabilities of variable interest entities included in consolidated balance sheet

 The following table summarizes the carrying amount of our variable interest entities' assets and liabilities included in our consolidated balance sheets, before intercompany eliminations, as of December 31, 2012 and 2011 (dollars in millions):

 
  December 31,  
 
  2012   2011  

Current assets

  $ 163   $ 140  

Property, plant and equipment, net

    378     403  

Other noncurrent assets

    61     61  

Deferred income taxes

    45     45  

Intangible assets

    19     23  

Goodwill

    16     15  
           

Total assets

  $ 682   $ 687  
           

Current liabilities

  $ 348   $ 145  

Long-term debt

    82     269  

Deferred income taxes

    8     9  

Other noncurrent liabilities

    102     110  
           

Total liabilities

  $ 540   $ 533  
           

        

Sasol Huntsman GmbH and Co. KG
 
Identification of variable interest entities through investments and transactions  
Schedule of assets and liabilities of variable interest entities included in consolidated balance sheet

  The following table summarizes the fair value of Sasol-Huntsman's assets and liabilities recorded upon initial consolidation in our consolidated balance sheet, before intercompany eliminations (dollars in millions):

 
  April 1,
2011
 

Current assets

  $ 61  

Property, plant and equipment, net

    155  

Intangible assets

    16  

Goodwill

    17  
       

Total assets

  $ 249  
       

Current liabilities

  $ 23  

Long-term debt

    93  

Deferred income taxes

    8  

Other noncurrent liabilities

    7  
       

Total liabilities

  $ 131