Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Details)

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INVENTORIES (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Inventories    
Raw materials and supplies $ 478 $ 484
Work in progress 101 98
Finished goods 1,297 1,311
Total 1,876 1,893
LIFO reserves (79) (74)
Net 1,797 [1] 1,819 [1]
Percentage of inventories recorded using the LIFO cost method 11.00% 11.00%
Inventory - non-monetary open exchange
    
Inventories    
Total 6 6
Inventory exchanges settled in cash    
Deferred profit from inventories exchanged under open exchange agreements settled in cash $ 2   
[1] At March 31, 2013 and December 31, 2012, respectively, $20 and $28 of cash and cash equivalents, $9 each of restricted cash, $48 and $38 of accounts and notes receivable (net), $51 and $55 of inventories, nil each of other current assets, $372 and $378 of property, plant and equipment (net), $18 and $19 of intangible assets (net), $27 and $28 of other noncurrent assets, $78 and $76 of accounts payable, $23 and $26 of accrued liabilities, $187 and $193 current portion of debt, $75 and $77 of long-term debt, and $99 and $101 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 5. Variable Interest Entities."