Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Current assets
Cash and cash equivalents (including restricted cash of $3)	$ 336	$ 431
Short-term investments	5	7
Accounts receivable (net of allowance for doubtful accounts of $16 and $19, Respectively)	695	592
Inventories:
Finished and in-process goods	310	254
Raw materials and supplies	126	103
Other current assets	69	72
Total current assets	1,541	1,459
Other assets, net	168	169
Property and equipment
Land	88	88
Buildings	292	298
Machinery and equipment	2,299	2,300
Property, plant and equipment, gross	2,679	2,686
Less accumulated depreciation	(1,532)	(1,477)
Property, plant and equipment, net	1,147	1,209
Goodwill	166	167
Other intangible assets, net	96	104
Total assets	3,118	3,108
Current liabilities
Accounts and drafts payable	490	393
Debt payable within one year	65	117
Affiliated debt payable within one year	2	2
Interest payable	66	61
Income taxes payable	8	15
Accrued payroll and incentive compensation	38	57
Other current liabilities	137	132
Total current liabilities	806	777
Long-term liabilities
Long-term debt	3,430	3,420
Long-term pension and post employment benefit obligations	212	223
Deferred income taxes	60	72
Other long-term liabilities	152	156
Advance from affiliates	225	225
Total liabilities	4,885	4,873
Deficit
Common stock—$0.01 par value; 300,000,000 shares authorized, 170,605,906 issued and 82,556,847 outstanding at June 30, 2012 and December 31, 2011	1	1
Paid-in capital	533	533
Treasury stock, at cost—88,049,059 shares	(296)	(296)
Note receivable from parent	(24)	(24)
Accumulated other comprehensive income	3	17
Accumulated deficit	(1,985)	(1,997)
Total Momentive Specialty Chemicals Inc. shareholder’s deficit	(1,768)	(1,766)
Noncontrolling interest	1	1
Total deficit	(1,767)	(1,765)
Total liabilities and deficit	$ 3,118	$ 3,108