XML 64 R51.htm IDEA: XBRL DOCUMENT v3.7.0.1
Ventures and Variable Interest Entities (Schedule of Variable Interest Entities) (Details) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Dec. 31, 2015
Variable Interest Entity [Line Items]        
Cash and cash equivalents $ 511 $ 638 $ 735 $ 967
Trade receivables - third party and affiliates 985 801    
Property, plant and equipment (net of accumulated depreciation - 2017: $70; 2016: $50) 3,663 3,577    
Accumulated depreciation 2,419 2,239    
Intangible assets (net of accumulated amortization - 2017: $2; 2016: $1) 302 194    
Accumulated amortization 560 524    
Other assets 311 307    
Total assets 8,883 8,357    
Trade payables 666 625    
Other liabilities 1,424 1,077    
Restructuring reserves (Note 14) 29      
Deferred income taxes 165 130    
Variable Interest Entity, Primary Beneficiary [Member]        
Variable Interest Entity [Line Items]        
Cash and cash equivalents 24 18    
Trade receivables - third party and affiliates 5 4    
Property, plant and equipment (net of accumulated depreciation - 2017: $70; 2016: $50) 714 734    
Intangible assets (net of accumulated amortization - 2017: $2; 2016: $1) 25 26    
Other assets 8 9    
Variable Interest Entity, Not Primary Beneficiary [Member]        
Variable Interest Entity [Line Items]        
Property, plant and equipment (net of accumulated depreciation - 2017: $70; 2016: $50) 56 60    
Trade payables 29 53    
Current installments of long-term debt 10 10    
Long-term debt 87 91    
Restructuring reserves (Note 14) 21 0    
Total liabilities 147 154    
Maximum exposure to loss 203 240    
Fairway Methanol LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member]        
Variable Interest Entity [Line Items]        
Cash and cash equivalents 24 18    
Trade receivables - third party and affiliates 10 8    
Property, plant and equipment (net of accumulated depreciation - 2017: $70; 2016: $50) 714 734    
Accumulated depreciation 70 50    
Intangible assets (net of accumulated amortization - 2017: $2; 2016: $1) 25 26    
Accumulated amortization 2 1    
Other assets 8 9    
Total assets [1] 781 795    
Trade payables 11 15    
Other liabilities [2] 2 2    
Long-term debt 5 5    
Deferred income taxes 3 2    
Total liabilities 21 24    
Acetyl Intermediates [Member]        
Variable Interest Entity [Line Items]        
Restructuring reserves (Note 14) 24      
Plant/Office Closures [Member]        
Variable Interest Entity [Line Items]        
Restructuring reserves (Note 14) 23 0    
Plant/Office Closures [Member] | Acetyl Intermediates [Member]        
Variable Interest Entity [Line Items]        
Restructuring reserves (Note 14) $ 23 $ 0    
[1] Assets can only be used to settle the obligations of Fairway.
[2] Primarily represents amounts owed by Fairway to the Company for reimbursement of expenditures.