Segment Information Level 3 (Tables)

6 Months Ended

Jun. 30, 2012

Segment Information [Abstract]

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

Net Sales to Unaffiliated Customers⁽¹⁾:

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Epoxy, Phenolic and Coating Resins	$	796	$	972	$	1,590	$	1,818
Forest Products Resins	463		466		905		914
Total	$	1,259	$	1,438	$	2,495	$	2,732

(1) Intersegment sales are not significant and, as such, are eliminated within the selling segment.

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Segment EBITDA:

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Epoxy, Phenolic and Coating Resins	$	101		$	157		$	215		$	307
Forest Products Resins	56			50			102			95
Corporate and Other(2)	(12		)	(18		)	(26		)	(35		)

(2) For the six months ended June 30, 2012, the Company has reclassified approximately $3 of costs into Corporate and Other Segment EBITDA which relate to the three months ended March 31, 2012.

Reconciliation of Segment EBITDA to Net Income [Table Text Block]

Reconciliation of Segment EBITDA to Net Income:

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Segment EBITDA:
Epoxy, Phenolic and Coating Resins	$	101		$	157		$	215		$	307
Forest Products Resins	56			50			102			95
Corporate and Other	(12		)	(18		)	(26		)	(35		)
Reconciliation:
Items not included in Segment EBITDA:
Asset impairments and other non-cash charges	—			(21		)	(48		)	(21		)
Business realignment costs	(3		)	(5		)	(18		)	(8		)
Integration costs	(1		)	(5		)	(6		)	(10		)
Net (loss) income from discontinued operations	—			(3		)	—			2
Other	(3		)	16			4			12
Total adjustments	(7		)	(18		)	(68		)	(25		)
Interest expense, net	(67		)	(65		)	(132		)	(129		)
Income tax expense	(4		)	—			(2		)	(3		)
Depreciation and amortization	(39		)	(43		)	(77		)	(84		)
Net income	$	28		$	63		$	12		$	126