XML 94 R98.htm IDEA: XBRL DOCUMENT v2.4.0.8
Contingencies - Tronox Litigation (Detail) (USD $)
12 Months Ended 3 Months Ended 12 Months Ended 21 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Jun. 30, 2012
Tronox Litigation [Member]
Pending Litigation [Member]
Mar. 31, 2012
Tronox Litigation [Member]
Pending Litigation [Member]
Dec. 31, 2011
Tronox Litigation [Member]
Pending Litigation [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Feb. 28, 2014
Tronox Litigation [Member]
Pending Litigation [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Aggregating Kerr-McGee's 502(h) Claim with Class 3 claims [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Bankruptcy Court Memorandum Of Opinion, After Trial [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Bankruptcy Court Memorandum Of Opinion, After Trial [Member]
Aggregating Kerr-McGee's 502(h) Claim with Class 3 claims [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Bankruptcy Court's finding of net present value of legacy environmental and tort liabilities at IPO date [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Plaintiffs' Requested 502(h) Claim [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Plaintiffs' Alternative Requested Dilution [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Plaintiffs' Alternative Requested Dilution [Member]
Aggregating Kerr-McGee's 502(h) Claim with Class 3 claims [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Excluding Pre-Judgment Interest Sought and Attorneys' Fees and Costs [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Attorneys' Fees and Costs [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Excluding Attorneys' Fees and Costs [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Pre-Judgment Interest [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Post-Judgment Interest [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Low End of Range of Probable Loss [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Low End of Range of Probable Loss [Member]
Bankruptcy Court Memorandum Of Opinion, After Trial [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Low End of Range of Probable Loss [Member]
Kerr-McGee's 502(h) Claim [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
Low End of Range of Probable Loss [Member]
Kerr-McGee's Estimated Entitled Recovery Percentage [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
High End of Range of Probable Loss [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
High End of Range of Probable Loss [Member]
Bankruptcy Court Memorandum Of Opinion, After Trial [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
High End of Range of Probable Loss [Member]
Mid-point in plaintiffs' post-petition estimate of potential legacy environmental and tort liabilities as of 2010 [Member]
Dec. 31, 2013
Tronox Litigation [Member]
Pending Litigation [Member]
High End of Range of Probable Loss [Member]
Estimated average percentage recovery for Class 3 General Unsecured Creditors [Member]
Loss Contingencies [Line Items]                                                        
Tronox-related contingent loss $ 850,000,000 $ (250,000,000) $ 250,000,000 $ (525,000,000) $ 275,000,000 $ 250,000,000                                            
Tronox-related contingent liability 850,000,000 0   0 525,000,000   850,000,000                   0   0 0                
Value of transferred assets as of the IPO date                   14,459,000,000                       14,459,000,000 [1]       14,459,000,000 [1]    
502(h) Claim                   10,459,000,000 293,000,000   0                   13,609,000,000     10,459,000,000    
Range of possible loss, minimum                                         850,000,000              
Legacy environmental and tort liabilities                       (1,757,000,000)                             (4,000,000,000)  
Recovery Percentage                 2.80%         68.00% 2.80%                 100.00%       89.00%
Damages sought               20,770,000,000               18,850,000,000                        
Pre-judgment interest rate sought             6.00%                                          
Range of possible loss, maximum             14,520,000,000   14,160,000,000               61,000,000 14,459,000,000                    
Range of probable loss, maximum                                                 5,150,000,000      
Offset amount                                         (13,609,000,000)       (9,309,000,000)      
Net Creditor Shortfall                                         (850,000,000)              
Post-judgment interest rate             0.13%                                          
Tax benefit recognized on liability accrued percentage             88.00%                                          
Tronox-related contingent loss 850,000,000 (250,000,000) 250,000,000       850,000,000                                          
Deferred tax benefit $ (137,000,000) $ (159,000,000) $ 1,453,000,000       $ 274,000,000                                          
[1] As determined by the Bankruptcy Court.