ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

v3.20.2
VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 29, 2019
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Current assets Ìý Ìý $ 3,001 Ìý $ 3,001 Ìý $ 3,755
Property, plant and equipment, net [1] Ìý Ìý 2,477 Ìý 2,477 Ìý 2,383
Operating lease right-of-use assets Ìý Ìý 430 Ìý 430 Ìý 396
Deferred income taxes Ìý Ìý 295 Ìý 295 Ìý 292
Total assets Ìý Ìý 8,097 Ìý 8,097 Ìý 8,320
Current liabilities Ìý Ìý 1,921 Ìý 1,921 Ìý 2,008
Long-term debt [1] Ìý Ìý 1,557 Ìý 1,557 Ìý 2,177
Noncurrent operating lease liabilities [1] Ìý Ìý 403 Ìý 403 Ìý 384
Other noncurrent liabilities [1] Ìý Ìý 789 Ìý 789 Ìý 898
Total liabilities Ìý Ìý 4,720 Ìý 4,720 Ìý 5,496
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Total revenues Ìý Ìý 1,510 $ 1,687 4,350 $ 5,140 Ìý
Income from continuing operations before income taxes Ìý Ìý 72 3 (67) 277 Ìý
Net cash provided by operating activities Ìý Ìý Ìý Ìý 88 656 Ìý
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Percentage of joint interest acquired 50.00% Ìý Ìý Ìý Ìý Ìý Ìý
Consolidated VIE's Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Current assets Ìý Ìý 36 Ìý 36 Ìý 50
Property, plant and equipment, net Ìý Ìý 168 Ìý 168 Ìý 180
Operating lease right-of-use assets Ìý Ìý 20 Ìý 20 Ìý 16
Other noncurrent assets Ìý Ìý 136 Ìý 136 Ìý 132
Deferred income taxes Ìý Ìý 30 Ìý 30 Ìý 30
Total assets Ìý Ìý 390 Ìý 390 Ìý 408
Current liabilities Ìý Ìý 165 Ìý 165 Ìý 151
Long-term debt Ìý Ìý 3 Ìý 3 Ìý 29
Noncurrent operating lease liabilities Ìý Ìý 16 Ìý 16 Ìý 11
Other noncurrent liabilities Ìý Ìý 79 Ìý 79 Ìý 87
Total liabilities Ìý Ìý 263 Ìý 263 Ìý $ 278
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Total revenues Ìý Ìý Ìý 28 Ìý 95 Ìý
Income from continuing operations before income taxes Ìý Ìý Ìý 3 1 16 Ìý
Net cash provided by operating activities Ìý Ìý $ 3 $ 12 $ 17 $ 72 Ìý
Rubicon LLC Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý Ìý Ìý 50.00% Ìý Ìý
Arabian Amines Company Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý Ìý Ìý 50.00% Ìý Ìý
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý 50.00% Ìý Ìý Ìý Ìý Ìý
[1] At September 30, 2020 and December 31, 2019, respectively, $2 and nil of cash and cash equivalents, $6 and $13 of accounts and notes receivable (net), $28 and $35 of inventories, $168 and $180 of property, plant and equipment (net), $23 and $20 of other noncurrent assets, $99 and $100 of accounts payable, $15 and $10 of accrued liabilities, $47 and $36 of current portion of debt, $5 and $4 of current operating lease liabilities, $3 and $29 of long-term debt, $16 and $11 of noncurrent operating lease liabilities and $79 and $87 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “NoteÌý6. Variable Interest Entities.â€�