Registration of securities issued in business combination transactions

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 210 [1] $ 231 [1]
Restricted cash 9 [1] 8 [1]
Accounts and notes receivable (net of allowance for doubtful accounts of $47 and $46, respectively), ($520 and $659 pledged as collateral, respectively) 1,534 [1] 1,529 [1]
Accounts receivable from affiliates 299 148
Inventories 1,819 [1] 1,539 [1]
Prepaid expenses 48 46
Deferred income taxes 51 40
Other current assets 222 [1] 220 [1]
Total current assets 4,192 3,761
Property, plant and equipment, net 3,656 [1] 3,510 [1]
Investment in unconsolidated affiliates 238 202
Intangible assets, net 70 [1] 93 [1]
Goodwill 117 114
Deferred income taxes 229 163
Notes receivable from affiliates 2 5
Other noncurrent assets 366 [1] 482 [1]
Total assets 8,870 8,330
Current liabilities:    
Accounts payable 1,101 [1] 862 [1]
Accounts payable to affiliates 62 64
Accrued liabilities 723 [1] 694 [1]
Deferred income taxes 39 29
Note payable to affiliate 100 100
Current portion of debt 288 [1] 212 [1]
Total current liabilities 2,313 1,961
Long-term debt 3,414 [1] 3,730 [1]
Notes payable to affiliates 599 439
Deferred income taxes 170 106
Other noncurrent liabilities 1,157 [1] 1,003 [1]
Total liabilities 7,653 7,239
Commitments and contingencies (Notes 19 and 20)      
Huntsman International LLC members' equity:    
Members' equity, 2,728 units issued and outstanding 3,109 3,081
Accumulated deficit (1,224) (1,493)
Accumulated other comprehensive loss (791) (611)
Total Huntsman International LLC members' equity 1,094 977
Noncontrolling interests in subsidiaries 123 114
Total equity 1,217 1,091
Total liabilities and equity $ 8,870 $ 8,330
[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."