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Noncurrent Other Liabilities (Tables)
6 Months Ended
Jun. 30, 2012
Other Liabilities, Noncurrent [Abstract]  
Schedule of Noncurrent Other Liabilities
 
As of
 
As of
 
June 30,
2012
 
December 31, 2011
 
(In $ millions)
Environmental (Note 11)
73

 
71

Insurance
65

 
64

Deferred revenue
37

 
40

Deferred proceeds(1)
868

 
892

Asset retirement obligations
32

 
42

Derivatives (Note 15)
11

 
13

Income taxes payable
2

 
2

Other
35

 
29

Total
1,123

 
1,153

______________________________
(1) 
Primarily relates to proceeds received from the Frankfurt, Germany Airport as part of a settlement for the Company to cease operations and sell its Kelsterbach, Germany Ticona site, included in the Advanced Engineered Materials segment (Note 20). Such proceeds will be deferred until the transfer of title to the Frankfurt, Germany Airport.