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Quarterly report pursuant to Section 13 or 15(d)

DISCONTINUED OPERATIONS AND BUSINESS DISPOSITIONS - CHEMICAL INTERMEDIATES (Details)

v3.20.2
DISCONTINUED OPERATIONS AND BUSINESS DISPOSITIONS - CHEMICAL INTERMEDIATES (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 6 Months Ended
Jul. 31, 2020
Mar. 31, 2020
Dec. 31, 2020
Jun. 30, 2020
Jan. 03, 2020
Dec. 31, 2019
BUSINESS DISPOSITIONS Ìý Ìý Ìý Ìý Ìý Ìý
Cash paid for income taxes on the proceeds from the sale of business Ìý Ìý Ìý $ 10 Ìý Ìý
Chemical Intermediates Businesses | Discontinued Operations, Held-for-sale Ìý Ìý Ìý Ìý Ìý Ìý
Carrying amounts of major classes of assets held for sale: Ìý Ìý Ìý Ìý Ìý Ìý
Accounts receivable Ìý Ìý Ìý Ìý Ìý $ 145
Inventories Ìý Ìý Ìý Ìý Ìý 105
Property, plant and equipment, net Ìý Ìý Ìý Ìý Ìý 720
Operating lease right-of-use assets Ìý Ìý Ìý Ìý Ìý 69
Deferred income taxes Ìý Ìý Ìý Ìý Ìý 4
Other noncurrent assets Ìý Ìý Ìý Ìý Ìý 165
Total assets held for sale Ìý Ìý Ìý Ìý Ìý 1,208
Carrying amounts of major classes of liabilities held for sale: Ìý Ìý Ìý Ìý Ìý Ìý
Accounts payable Ìý Ìý Ìý Ìý Ìý 152
Accrued liabilities Ìý Ìý Ìý Ìý Ìý 26
Current operating lease liabilities Ìý Ìý Ìý Ìý Ìý 20
Deferred income taxes Ìý Ìý Ìý Ìý Ìý 135
Noncurrent operating lease liabilities Ìý Ìý Ìý Ìý Ìý 51
Other noncurrent liabilities Ìý Ìý Ìý Ìý Ìý 128
Total liabilities held for sale Ìý Ìý Ìý Ìý Ìý $ 512
Chemical Intermediates Businesses | Discontinued Operations, Disposed of by Sale Ìý Ìý Ìý Ìý Ìý Ìý
BUSINESS DISPOSITIONS Ìý Ìý Ìý Ìý Ìý Ìý
Purchase price of disposition Ìý Ìý Ìý Ìý $ 2,000 Ìý
Cash purchase price, including adjustments Ìý Ìý Ìý Ìý 1,920 Ìý
Underfunded pension and other post-employment benefit liabilities Ìý Ìý Ìý Ìý $ 72 Ìý
Net after-tax gain on disposal Ìý Ìý Ìý 748 Ìý Ìý
Proceeds from sale of businesses $ 8 $ 1,915 Ìý Ìý Ìý Ìý
Cash paid for income taxes on the proceeds from the sale of business Ìý Ìý Ìý $ 10 Ìý Ìý
Chemical Intermediates Businesses | Discontinued Operations, Disposed of by Sale | Forecast Ìý Ìý Ìý Ìý Ìý Ìý
BUSINESS DISPOSITIONS Ìý Ìý Ìý Ìý Ìý Ìý
Cash paid for income taxes on the proceeds from the sale of business Ìý Ìý $ 365 Ìý Ìý Ìý