INVENTORIES (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
INVENTORIES
Net carrying values of inventories valued under the LIFO method	$ 176	$ 177
Inventories
Total	1,069	1,041
Continuing operations
Inventories
Raw materials	69	63
Materials and supplies	443	414
Finished goods	655	636
Inventories, Gross	1,167	1,113
LIFO reserve	(98)	(72)
Total	$ 1,069	$ 1,041

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- Definition

Carrying amount as of the balance sheet date of merchandise or goods held by the company that are readily available for sale.

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- Definition

Gross amount, as of the balance sheet date, of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

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- Definition

Reflects the difference between (a) inventory at the lower of LIFO cost or market and (b) inventory at replacement cost or at the lower of some acceptable inventory accounting method (such as FIFO or average cost), or market. If material, reflects an excess of replacement or current cost over stated LIFO value parenthetically on the balance sheet or in a note to the financial statements.

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- Definition

Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer).

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- Definition

Carrying amount as of the balance sheet date of unprocessed items to be consumed in the manufacturing or production process. Also includes purchased parts that will be used as components of a finished product.

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- Definition

The amount of LIFO (last in first out) inventory present at the reporting date when inventory is also valued using different valuation methods.

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- Definition

Carrying amount as of the balance sheet date of products used directly or indirectly in the manufacturing or production process, which may or may not become part of the final product. May also include items used in the storage, presentation or transportation of physical goods.

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