Annual report pursuant to Section 13 and 15(d)

INVENTORIES (Details)

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INVENTORIES (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Inventories    
Raw materials and supplies $ 484 $ 374
Work in progress 98 92
Finished goods 1,311 1,162
Total 1,893 1,628
LIFO reserves (74) (89)
Net 1,819 [1] 1,539 [1]
Percentage of inventories recorded using the LIFO cost method 11.00% 12.00%
Inventory - non-monetary open exchange
    
Inventories    
Total $ 6 $ 3
[1] At December 31, 2012 and 2011, respectively, $28 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $38 and $29 of accounts and notes receivable (net), $55 and $47 of inventories, nil and $1 of other current assets, $378 and $403 of property, plant and equipment (net), $19 and $23 of intangible assets (net), $28 and $21 of other noncurrent assets, $76 and $55 of accounts payable, $26 and $21 of accrued liabilities, $193 and $16 of current portion of debt, $77 and $264 of long-term debt, and $101 and $111 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 7. Variable Interest Entities."