COMMITMENTS AND CONTINGENCIES (Details) (USD $)
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6 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended | |||||||||
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Jun. 30, 2011
Asbestos Litigation
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Jun. 30, 2011
Accepted and tendered cases
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Jun. 30, 2010
Accepted and tendered cases
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Jun. 30, 2011
Accepted cases not subject to indemnification
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Jun. 30, 2010
Accepted cases not subject to indemnification
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Jun. 30, 2011
Antitrust matters - Direct action cases
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Jun. 30, 2011
Antitrust matters - Purported Class Action Civil Cases
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Jun. 30, 2010
Port Arthur Plant Fire Insurance Litigation Settlement
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Jun. 30, 2010
Port Arthur Plant Fire Insurance Litigation Settlement
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Dec. 31, 2009
Port Arthur Plant Fire Insurance Litigation Settlement
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Dec. 31, 2009
Port Arthur Plant Fire Insurance Litigation Settlement
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May 14, 2010
Port Arthur Plant Fire Insurance Litigation Settlement
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Apr. 29, 2006
Port Arthur Plant Fire Insurance Litigation Settlement
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LEGAL MATTERS | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Experience with tendering cases (in years) | 17 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Information about the cases | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Unresolved at beginning of period | Ìý | 1,116 | 1,138 | 37 | 39 | Ìý | 2 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Tendered during period | Ìý | 9 | 21 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Filed during the period | Ìý | Ìý | Ìý | 8 | 1 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Resolved during period | Ìý | 39 | 14 | 5 | 2 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Unresolved at end of period | Ìý | 1,086 | 1,145 | 40 | 38 | 3 | 2 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Accrued liability relating to the cases | Ìý | $ 13,000,000 | Ìý | $ 337,500 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Receivable relating to indemnity protection of the cases | Ìý | 13,000,000 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Payment of gross settlement costs | Ìý | Ìý | Ìý | 342,000 | 200,000 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Number of cases in which entity is named as a defendant | Ìý | 1,086 | 1,145 | 40 | 38 | 3 | 2 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Settlement agreement payment made into an escrow fund | Ìý | Ìý | Ìý | Ìý | Ìý | 11,000,000 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Additional settlement agreement payment to be made within one year after initial payment | Ìý | Ìý | Ìý | Ìý | Ìý | 11,000,000 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Additional settlement agreement payment to be made within two years of initial payment | Ìý | Ìý | Ìý | Ìý | Ìý | 11,000,000 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Period within which additional settlement agreement payment is made (in years) | Ìý | Ìý | Ìý | Ìý | Ìý | 1 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Period within which the third settlement agreement payment is made (in years) | Ìý | Ìý | Ìý | Ìý | Ìý | 2 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Combined deductible for property damage and business interruption insurance | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 60,000,000 |
Payment of deductible on the claim | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 60,000,000 | Ìý | Ìý | Ìý |
Proceeds from reinsurers | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 365,000,000 | Ìý | Ìý |
Remainder amount of settlement agreement with the reinsurers | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 110,000,000 | Ìý |
Gain on discontinuing operation | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 110,000,000 | Ìý | Ìý | Ìý | Ìý | Ìý |
Net borrowings (repayments) under senior secured credit facilities | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 110,000,000 | Ìý | Ìý | Ìý | Ìý |
Repayment of senior secured debt, portion classified in investing activities | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 34,000,000 | Ìý | Ìý | Ìý | Ìý |
Repayment of senior secured debt, portion classified in operating activities | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | $ 76,000,000 | Ìý | Ìý | Ìý | Ìý |