XML 35 R53.htm IDEA: XBRL DOCUMENT v2.4.0.6
Guarantor Non-Guarantor Subsidiary Financial Information Level 4 (Details) - Consolidating 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 695 592
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, 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 (receivable) payable 8 15
Accrued payroll and incentive compensation 38 57
Other current liabilities 137 132
Total current liabilities 806 777
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
Total Momentive Specialty Chemicals Inc. shareholder’s (deficit) equity (1,768) (1,766)
Noncontrolling interest 1 1
Total deficit (1,767) (1,765)
Total liabilities and deficit 3,118 3,108
Momentive Specialty Chemicals Inc. [Member]
   
Current assets    
Cash and cash equivalents (including restricted cash of $3) 255 221
Short-term investments 0 0
Accounts receivable, net 207 206
Finished and in-process goods 124 116
Raw materials and supplies 44 33
Other current assets 19 27
Total current assets 649 603
Other assets, net 85 107
Property, Plant and Equipment, Net 494 504
Goodwill 93 93
Other intangible assets, net 56 59
Total assets 1,377 1,366
Current liabilities    
Accounts and drafts payable 173 134
Intercompany Accounts (Receivable) Payable 28 (24)
Debt payable within one year 11 17
Intercompany Loans (Receivable) Payable (118) 35
Affiliated debt payable within one year 2 2
Interest payable 12 14
Income taxes (receivable) payable (7) 1
Accrued payroll and incentive compensation 9 26
Other current liabilities 75 69
Total current liabilities 185 274
Long-term debt 868 1,134
Intercompany loans payable (receivable) 1,650 1,254
Long-term pension and post employment benefit obligations 90 99
Deferred income taxes 15 30
Other long-term liabilities 112 116
Advance from affiliates 225 225
Total liabilities 3,145 3,132
Total Momentive Specialty Chemicals Inc. shareholder’s (deficit) equity (1,768) (1,766)
Noncontrolling interest 0 0
Total deficit (1,768) (1,766)
Total liabilities and deficit 1,377 1,366
Subsidiary Issuers [Member]
   
Current assets    
Cash and cash equivalents (including restricted cash of $3) 0 0
Short-term investments 0 0
Accounts receivable, net 0 0
Finished and in-process goods 0 0
Raw materials and supplies 0 0
Other current assets 0 0
Total current assets 0 0
Other assets, net 45 36
Property, Plant and Equipment, Net 0 0
Goodwill 0 0
Other intangible assets, net 0 0
Total assets 45 36
Current liabilities    
Accounts and drafts payable 0 0
Intercompany Accounts (Receivable) Payable (51) (42)
Debt payable within one year 0 0
Intercompany Loans (Receivable) Payable 0 0
Affiliated debt payable within one year 0 0
Interest payable 53 44
Income taxes (receivable) payable 0 0
Accrued payroll and incentive compensation 0 0
Other current liabilities 0 0
Total current liabilities 2 2
Long-term debt 2,137 1,688
Intercompany loans payable (receivable) (2,341) (1,903)
Long-term pension and post employment benefit obligations 0 0
Deferred income taxes 2 2
Other long-term liabilities 6 6
Advance from affiliates 0 0
Total liabilities (194) (205)
Total Momentive Specialty Chemicals Inc. shareholder’s (deficit) equity 239 241
Noncontrolling interest 0 0
Total deficit 239 241
Total liabilities and deficit 45 36
Combined Subsidiary Guarantors [Member]
   
Current assets    
Cash and cash equivalents (including restricted cash of $3) 0 0
Short-term investments 0 0
Accounts receivable, net 0 0
Finished and in-process goods 0 0
Raw materials and supplies 0 0
Other current assets 0 0
Total current assets 0 0
Other assets, net 29 40
Property, Plant and Equipment, Net 0 0
Goodwill 0 0
Other intangible assets, net 0 0
Total assets 29 40
Current liabilities    
Accounts and drafts payable 0 0
Intercompany Accounts (Receivable) Payable 1 1
Debt payable within one year 0 0
Intercompany Loans (Receivable) Payable 0 0
Affiliated debt payable within one year 0 0
Interest payable 0 0
Income taxes (receivable) payable 0 0
Accrued payroll and incentive compensation 0 0
Other current liabilities 0 0
Total current liabilities 1 1
Long-term debt 0 0
Intercompany loans payable (receivable) (19) (16)
Long-term pension and post employment benefit obligations 0 0
Deferred income taxes 0 0
Other long-term liabilities 0 0
Advance from affiliates 0 0
Total liabilities (18) (15)
Total Momentive Specialty Chemicals Inc. shareholder’s (deficit) equity 47 55
Noncontrolling interest 0 0
Total deficit 47 55
Total liabilities and deficit 29 40
Combined Non-Guarantor Subsidiaries [Member]
   
Current assets    
Cash and cash equivalents (including restricted cash of $3) 81 210
Short-term investments 5 7
Accounts receivable, net 488 386
Finished and in-process goods 186 138
Raw materials and supplies 82 70
Other current assets 50 45
Total current assets 892 856
Other assets, net 98 89
Property, Plant and Equipment, Net 653 705
Goodwill 73 74
Other intangible assets, net 40 45
Total assets 1,756 1,769
Current liabilities    
Accounts and drafts payable 317 259
Intercompany Accounts (Receivable) Payable 22 65
Debt payable within one year 54 100
Intercompany Loans (Receivable) Payable 118 (35)
Affiliated debt payable within one year 0 0
Interest payable 1 3
Income taxes (receivable) payable 15 14
Accrued payroll and incentive compensation 29 31
Other current liabilities 62 63
Total current liabilities 618 500
Long-term debt 425 598
Intercompany loans payable (receivable) 710 665
Long-term pension and post employment benefit obligations 122 124
Deferred income taxes 43 40
Other long-term liabilities 34 34
Advance from affiliates 0 0
Total liabilities 1,952 1,961
Total Momentive Specialty Chemicals Inc. shareholder’s (deficit) equity (197) (193)
Noncontrolling interest 1 1
Total deficit (196) (192)
Total liabilities and deficit 1,756 1,769
Eliminations [Member]
   
Current assets    
Cash and cash equivalents (including restricted cash of $3) 0 0
Short-term investments 0 0
Accounts receivable, net 0 0
Finished and in-process goods 0 0
Raw materials and supplies 0 0
Other current assets 0 0
Total current assets 0 0
Other assets, net (89) (103)
Property, Plant and Equipment, Net 0 0
Goodwill 0 0
Other intangible assets, net 0 0
Total assets (89) (103)
Current liabilities    
Accounts and drafts payable 0 0
Intercompany Accounts (Receivable) Payable 0 0
Debt payable within one year 0 0
Intercompany Loans (Receivable) Payable 0 0
Affiliated debt payable within one year 0 0
Interest payable 0 0
Income taxes (receivable) payable 0 0
Accrued payroll and incentive compensation 0 0
Other current liabilities 0 0
Total current liabilities 0 0
Long-term debt 0 0
Intercompany loans payable (receivable) 0 0
Long-term pension and post employment benefit obligations 0 0
Deferred income taxes 0 0
Other long-term liabilities 0 0
Advance from affiliates 0 0
Total liabilities 0 0
Total Momentive Specialty Chemicals Inc. shareholder’s (deficit) equity (89) (103)
Noncontrolling interest 0 0
Total deficit (89) (103)
Total liabilities and deficit (89) (103)
Consolidated [Member]
   
Current assets    
Cash and cash equivalents (including restricted cash of $3) 336 431
Short-term investments 5 7
Accounts receivable, net 695 592
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, 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
Intercompany Accounts (Receivable) Payable 0 0
Debt payable within one year 65 117
Intercompany Loans (Receivable) Payable 0 0
Affiliated debt payable within one year 2 2
Interest payable 66 61
Income taxes (receivable) payable 8 15
Accrued payroll and incentive compensation 38 57
Other current liabilities 137 132
Total current liabilities 806 777
Long-term debt 3,430 3,420
Intercompany loans payable (receivable) 0 0
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
Total Momentive Specialty Chemicals Inc. shareholder’s (deficit) equity (1,768) (1,766)
Noncontrolling interest 1 1
Total deficit (1,767) (1,765)
Total liabilities and deficit $ 3,118 $ 3,108