Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents (including restricted cash of $16 and $14, respectively)	$ 135	$ 393
Short-term investments	4	7
Accounts receivable (net of allowance for doubtful accounts of $16)	728	601
Inventories:
Finished and in-process goods	331	257
Raw materials and supplies	154	103
Other current assets	68	72
Total current assets	1,420	1,433
Investment in unconsolidated entities	49	45
Deferred income taxes	19	21
Other assets, net	138	134
Property and equipment
Land	91	88
Buildings	317	308
Machinery and equipment	2,508	2,427
Property, plant and equipment, gross	2,916	2,823
Less accumulated depreciation	(1,834)	(1,776)
Property, plant and equipment, net	1,082	1,047
Goodwill	126	112
Other intangible assets, net	91	82
Total assets	2,925	2,874
Current liabilities
Accounts and drafts payable	510	483
Debt payable within one year	137	109
Interest payable	83	83
Income taxes payable	17	12
Accrued payroll and incentive compensation	62	47
Other current liabilities	119	127
Total current liabilities	928	861
Long-term liabilities
Long-term debt	3,709	3,665
Long-term pension and post employment benefit obligations	226	234
Deferred income taxes	22	21
Other long-term liabilities	157	163
Total liabilities	5,042	4,944
Deficit
Common stock—$0.01 par value; 300,000,000 shares authorized, 170,605,906 issued and 82,556,847 outstanding at June 30, 2014 and December 31, 2013	1	1
Paid-in capital	525	522
Treasury stock, at cost—88,049,059 shares	(296)	(296)
Accumulated other comprehensive income	(17)	(21)
Accumulated deficit	(2,329)	(2,275)
Total Momentive Specialty Chemicals Inc. shareholder’s deficit	(2,116)	(2,069)
Noncontrolling interest	(1)	(1)
Total deficit	(2,117)	(2,070)
Total liabilities and deficit	$ 2,925	$ 2,874