Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Current assets
Cash and cash equivalents (including restricted cash of $3)	$ 340	$ 431
Short-term investments	5	7
Accounts receivable (net of allowance for doubtful accounts of $17 and $19, Respectively)	637	592
Inventories:
Finished and in-process goods	294	254
Raw materials and supplies	118	103
Other current assets	97	72
Total current assets	1,491	1,459
Deferred income taxes	362	4
Other assets, net	171	165
Property and equipment
Land	89	88
Buildings	296	298
Machinery and equipment	2,343	2,300
Property, plant and equipment, gross	2,728	2,686
Less accumulated depreciation	(1,571)	(1,477)
Property, plant and equipment, net	1,157	1,209
Goodwill	167	167
Other intangible assets, net	93	104
Total assets	3,441	3,108
Current liabilities
Accounts and drafts payable	421	393
Debt payable within one year	73	117
Affiliated debt payable within one year	2	2
Interest payable	60	61
Income taxes payable	5	15
Accrued payroll and incentive compensation	42	57
Other current liabilities	145	132
Total current liabilities	748	777
Long-term liabilities
Long-term debt	3,426	3,420
Long-term pension and post employment benefit obligations	205	223
Deferred income taxes	65	72
Other long-term liabilities	162	156
Advance from affiliates	0	225
Total liabilities	4,606	4,873
Deficit
Common stock—$0.01 par value; 300,000,000 shares authorized, 170,605,906 issued and 82,556,847 outstanding at September 30, 2012 and December 31, 2011	1	1
Paid-in capital	752	533
Treasury stock, at cost—88,049,059 shares	(296)	(296)
Note receivable from parent	(24)	(24)
Accumulated other comprehensive income	22	17
Accumulated deficit	(1,621)	(1,997)
Total Momentive Specialty Chemicals Inc. shareholder’s deficit	(1,166)	(1,766)
Noncontrolling interest	1	1
Total deficit	(1,165)	(1,765)
Total liabilities and deficit	$ 3,441	$ 3,108