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Other (Charges) Gains, Net
 6 Months Ended
Jun. 30, 2011
Other (Charges) Gains, Net [Abstract]  
Other (Charges) Gains, Net
13. Other (Charges) Gains, Net
                                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2011   2010   2011   2010
    (In $ millions)  
Employee termination benefits
     (9 )     (4 )     (13 )     (9 )
Ticona Kelsterbach plant relocation (Note 20)
     (16 )     (4 )     (29 )     (10 )
Plumbing actions (Note 17)
     4       2       4       14  
Asset impairments
     -       -       -       (73 )
Plant/office closures
     -       -       -       (5 )
Resolution of commercial disputes
     2       -       22       -  
Other
     1       -       1       -  
 
                
Total
     (18 )     (6 )     (15 )     (83 )
 
                
2011
As a result of the Company's Pardies, France Project of Closure and the previously announced closure of the Company's Spondon, Derby, United Kingdom facility (Note 3), the Company recorded $2 million and $5 million, respectively, of employee termination benefits during the six months ended June 30, 2011. Additionally, the Company recorded $4 million of employee termination benefits during the three months ended June 30, 2011 related to the relocation of the Company's Ticona operations located in Kelsterbach, Germany (Note 20).
During the six months ended June 30, 2011, the Company received consideration of $17 million in connection with the settlement of a claim against a bankrupt supplier. In addition, the Company recovered an additional $4 million from the settlement of two unrelated commercial disputes. These commercial dispute resolutions are included in the Acetyl Intermediates segment.
2010
In 2010, the Company concluded that certain long-lived assets were partially impaired at its acetate flake and tow manufacturing operations in Spondon, Derby, United Kingdom (Note 3). Accordingly, the Company wrote down the related property, plant and equipment to its fair value, resulting in long-lived asset impairment losses of $72 million for the three months ended March 31, 2010. The Company calculated the fair value using a discounted cash flow model incorporating discount rates commensurate with the risks involved for the reporting unit which is classified as a Level 3 measurement under FASB ASC Topic 820. The key assumptions used in the discounted cash flow valuation model include discount rates, growth rates, cash flow projections and terminal value rates. Discount rates, growth rates and cash flow projections are the most sensitive and susceptible to change as they require significant management judgment.

 

The changes in the restructuring reserves by business segment are as follows:
                                                 
    Advanced                    
    Engineered   Consumer   Industrial   Acetyl        
    Materials   Specialties   Specialties   Intermediates   Other   Total
    (In $ millions)  
Employee Termination Benefits
                                                
Reserve as of December 31, 2010
     3       16       -       24       10       53  
Additions
     4       5       -       -       2       11  
Cash payments
     (2 )     -       -       (15 )     (2 )     (19 )
Other changes
     -       -       -       -       -       -  
Exchange rate changes
     -       -       -       1       1       2  
 
                        
Reserve as of June 30, 2011
     5       21       -       10       11       47  
 
                        
Plant/Office Closures
                                                
Reserve as of December 31, 2010
     -       -       -       3       1       4  
Additions
     -       -       -       -       -       -  
Cash payments
     -       -       -       (2 )     -       (2 )
Exchange rate changes
     -       -       -       -       -       -  
 
                        
Reserve as of June 30, 2011
     -       -       -       1       1       2  
 
                        
Total
     5       21       -       11       12       49