LyondellBasell Industries (LYB) 10-Q 29 Apr 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 25, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Document period end date	31-Mar-14	'
Amendment flag	'false	'
Document Period Focus	'Q1	'
Document Fiscal Year Focus	'2014	'
Current fiscal year end date	'--12-31	'
Entity central index key	'0001489393	'
Entity current reporting status	'Yes	'
Entity filer category	'Large Accelerated Filer	'
Entity registrant name	'LyondellBasell Industries N.V.	'
Entity voluntary filers	'No	'
Entity common stock shares outstanding	'	527,295,260

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Sales and other operating revenues:	'	'
Trade	$10,918	$10,414
Related parties	217	255
Sales revenue net	11,135	10,669
Operating costs and expenses:	'	'
Cost of sales	9,577	9,153
Selling, general and administrative expenses	186	213
Research and development expenses	32	36
Costs and expenses	9,795	9,402
Operating income	1,340	1,267
Interest expense	-92	-71
Interest income	6	2
Other income, net	11	6
Income from continuing operations before equity investments and income taxes	1,265	1,204
Income from equity investments	61	59
Income from continuing operations before income taxes	1,326	1,263
Provision for income taxes	383	357
Income from continuing operations	943	906
Income (loss) from discontinued operations, net of tax	1	-6
Net income	944	900
Net loss attributable to non-controlling interests	1	1
Net income attributable to the Company shareholders	$945	$901
Net income (loss) attributable to the Company shareholders - Basic:	'	'
Continuing operations (in dollars per share)	$1.73	$1.57
Discontinued operations (in dollars per share)	$0	($0.01)
Basic (in dollars per share)	$1.73	$1.56
Net income (loss) attributable to the Company shareholders - Diluted:	'	'
Continuing operations (in dollars per share)	$1.72	$1.56
Discontinued operations (in dollars per share)	$0	($0.01)
Diluted (in dollars per share)	$1.72	$1.55

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Consolidated Statements of Comprehensive Income [Abstract]	'	'
Net income	$944	$900
Financial derivatives:	'	'
Loss on forward interest rate swaps	-17	0
Income tax benefit	-4	0
Financial derivatives, net of tax	-13	0
Defined pension and other postretirement benefit plans:	'	'
Prior service cost arising during the period	0	-2
Reclassification adjustment for amortization of prior service cost included in net income	1	1
Net actuarial loss arising during the period	-16	0
Reclassification adjustment for net actuarial loss included in net income	3	7
Defined pension and other postretirement benefit plans, before tax	-12	6
Income tax expense (benefit)	-9	3
Defined pension and other postretirement benefit plans, net of tax	-3	3
Foreign currency translations adjustment:	'	'
Unrealized net change arising during the period	18	-193
Income tax benefit	0	-2
Foreign currency translations, net of tax	18	-191
Total other comprehensive income (loss)	2	-188
Comprehensive income	946	712
Comprehensive loss attributable to non-controlling interests	1	1
Comprehensive income attributable to the Company shareholders	$947	$713

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$2,702	$4,450
Restricted cash	3	10
Short-term investments	1,402	0
Accounts receivable:	'	'
Trade, net	3,893	3,828
Related parties	248	202
Inventories	5,589	5,279
Prepaid expenses and other current assets	1,156	830
Total current assets	14,993	14,599
Property, plant and equipment at cost	11,453	11,151
Less: Accumulated depreciation	-2,897	-2,694
Property, plant and equipment, net	8,556	8,457
Investments and long-term receivables:	'	'
Investment in PO joint ventures	424	421
Equity investments	1,693	1,629
Other investments and long-term receivables	62	64
Goodwill	605	605
Intangible assets, net	870	904
Other assets	624	619
Total assets	27,827	27,298
Current liabilities:	'	'
Current maturities of long-term debt	3	1
Short-term debt	58	58
Accounts payable:	'	'
Trade	2,816	2,822
Related parties	826	750
Accrued liabilities	1,477	1,299
Deferred income taxes	540	580
Total current liabilities	5,720	5,510
Long-term debt	6,766	5,776
Other liabilities	1,838	1,839
Deferred income taxes	1,677	1,659
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Ordinary shares, EUR0.04 par value, 1,275 million shares authorized, 533,877,601 and 548,824,138 shares outstanding, respectively	31	31
Additional paid-in capital	10,385	10,382
Retained earnings	4,622	4,004
Accumulated other comprehensive income	98	96
Treasury stock, at cost, 44,554,414 and 29,607,877 ordinary shares, respectively	-3,345	-2,035
Total Company share of stockholders' equity	11,791	12,478
Non-controlling interests	35	36
Total equity	11,826	12,514
Total liabilities and equity	$27,827	$27,298

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parentheticals) (EUR €)	Mar. 31, 2014	Dec. 31, 2013
Stockholders' equity:	'	'
Ordinary shares par value (in euros per share)	€ 0.04	€ 0.04
Ordinary shares, shares authorized (in shares)	1,275,000,000	1,275,000,000
Ordinary shares, shares outstanding (in shares)	533,877,601	548,824,138
Treasury stock, shares (in shares)	44,554,414	29,607,877

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:	'	'
Net income	$944	$900
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	256	253
Amortization of debt-related costs	9	6
Equity investments -	'	'
Equity income	-61	-59
Distributions of earnings	0	9
Changes in assets and liabilities that provided (used) cash:	'	'
Accounts receivable	-105	-22
Inventories	-305	-242
Accounts payable	91	-17
Prepaid expenses and other current assets	-108	-115
Other, net	80	86
Net cash provided by operating activities	801	799
Cash flows from investing activities:	'	'
Purchases of securities and other investments	-1,672	0
Expenditures for property, plant and equipment	-343	-391
Restricted cash	7	-1
Other	-3	-16
Net cash used in investing activities	-2,011	-408
Cash flows from financing activities:	'	'
Repurchases of Company ordinary shares	-1,201	0
Dividends paid	-327	-229
Issuance of long-term debt	992	0
Payments of debt issuance costs	-18	0
Other, net	4	-5
Net cash used in financing activities	-550	-234
Effect of exchange rate changes on cash	12	-10
Increase (decrease) in cash and cash equivalents	-1,748	147
Cash and cash equivalents at beginning of period	4,450	2,732
Cash and cash equivalents at end of period	$2,702	$2,879

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Equity (USD $)	Total	Ordinary Shares	Treasury Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income	Company Share of Stockholders' Equity	Non-Controlling Interests
In Millions
Beginning balance at Dec. 31, 2013	$12,514	$31	($2,035)	$10,382	$4,004	$96	$12,478	$36
Net income (loss)	944	0	0	0	945	0	945	-1
Other comprehensive income	2	0	0	0	0	2	2	0
Share-based compensation	'	0	4	3	0	0	7	0
Dividends ($0.60 per share)	'	0	0	0	-327	0	-327	0
Repurchases of Company ordinary shares	'	0	-1,314	0	0	0	-1,314	0
Ending balance at Mar. 31, 2014	$11,826	$31	($3,345)	$10,385	$4,622	$98	$11,791	$35

Statement_of_Stockholders_Equi

Statement of Stockholders' Equity (Parentheticals) (USD $)	3 Months Ended
	Mar. 31, 2014
Consolidated Statement of Stockholders' Equity [Abstract]	'
Dividends per share (in dollars per share)	$0.60

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2014
Basis of Presentation [Abstract]	'
Basis of Presentation [Text Block]	'
	1.       Basis of Presentation
	LyondellBasell Industries N.V., together with its consolidated subsidiaries (collectively “LyondellBasell N.V.”), is a worldwide manufacturer of chemicals and polymers, a refiner of crude oil, a significant producer of gasoline blending components and a developer and licensor of technologies for the production of polymers. Unless otherwise indicated, the “Company,” “we,” “us,” “our” or similar words are used to refer to LyondellBasell N.V.
	The accompanying Consolidated Financial Statements are unaudited and have been prepared from the books and records of LyondellBasell N.V. in accordance with the instructions to Form 10-Q and Rule 10-1 of Regulation S-X for interim financial information. Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States (“U.S. GAAP”) for complete financial statements. In our opinion, all adjustments, consisting only of normal recurring adjustments, considered necessary for a fair presentation have been included. The results for interim periods are not necessarily indicative of results for the entire year. These Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and notes thereto for the year ended December 31, 2013.

Accounting_and_Reporting_Chang

Accounting and Reporting Changes	3 Months Ended
	Mar. 31, 2014
Accounting and Reporting Changes [Abstract]	'
Accounting and Reporting Changes [Text Block]	'
	2.       Accounting and Reporting Changes
	Recently Adopted Guidance
	Obligations from Joint and Several Liability Arrangements—In February 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-04, Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation is Fixed at the Reporting Date. This ASU defines how entities measure obligations from joint and several liability arrangements which are fixed at the reporting date and for which no U.S. GAAP guidance currently exists. The guidance requires entities to disclose the nature, amount and other information about those obligations. Retrospective presentation for all comparative periods presented is required. The ASU was effective for periods beginning after December 15, 2013. The adoption of this amendment did not have a material impact on the presentation of our Consolidated Financial Statements.
	Presentation of an Unrecognized Tax Benefit—In July 2013, the FASB issued ASU 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit when a Net Operating Loss Carryforward, a Similar Tax Loss, or Tax Credit Carryforward Exists (a consensus of the Emerging Issues Task Force). Previous guidance did not explicitly address the balance sheet presentation of an unrecognized tax benefit when a net operating loss (NOL) or similar tax loss carryforward, or a tax credit carryforward exists. The amendments to the guidance require an entity to net its unrecognized tax benefits against the deferred tax assets for all same jurisdiction NOLs or similar tax loss carryforwards, or tax credit carryforwards. A gross presentation will be required only if such carryforwards are not available or would not be used by the entity to settle any additional income taxes resulting from disallowance of the uncertain tax position. This ASU requires prospective application and was effective for periods beginning after December 15, 2013. Retrospective presentation is permitted but not required. Our prospective adoption of this amendment did not have a material impact on our Consolidated Financial Statements.
	Accounting Guidance Issued But Not Adopted as of March 31, 2014
	Discontinued Operations—In April 2014, the FASB issued ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The amendments in this ASU clarify the criteria for reporting discontinued operations. Under this new guidance, only disposals representing a strategic shift in operations that have or will have a major effect on a company's operations should be presented as discontinued operations. Additional disclosures about the assets, liabilities, income and expenses of discontinued operations will also be required. Prospective application of this ASU is required for public entities for annual and interim periods beginning on or after December 15, 2014. Early adoption is permitted. The application of this amendment will not have an impact on the presentation of our Consolidated Financial Statements.

Discontinued_Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2014
Discontinued Operations [Abstract]	'
Discontinued Operations [Text Block]	'
	3.       Discontinued Operations
	The amounts included in Income (loss) from discontinued operations of the Berre refinery are summarized as follows:
					Three Months Ended
					March 31,
	Millions of dollars				2014		2013
	Sales and other operating revenues				$	1	$	5
	Loss from discontinued operations
		before income taxes			$	0	$	-6
	Benefit from income taxes					-1		0
	Income (loss) from discontinued operations,
		net of tax			$	1	$	-6
	Future cash outflows will occur for activities associated with exit or disposal and for payments made to severed employees. Exit and disposal costs are expected to be incurred through the end of 2017. Payments to the affected employees are expected to be substantially complete by 2019. There is uncertainty in the manner, scope and timing of potential future asset disposal or dismantlement activities and their related cash flows. Although some dismantling and remediation activities may be considered or required at a future date, the amounts associated with such activities are not determinable at this time due to such uncertainties.
	The following table summarizes the changes in the accrual for the social plan for employees affected by the closure of the Berre refinery.
			Three Months Ended
			March 31,
	Millions of dollars		2014		2013
	Beginning balance		$	42	$	59
	Accretion expense			1		2
	Cash payments			-4		-10
	Effect of exchange rate changes			0		-2
	Ending balance		$	39	$	49
	There are no significant assets or liabilities related to the Berre refinery other than those discussed above.

Accounts_Receivable

Accounts Receivable	3 Months Ended
	Mar. 31, 2014
Accounts Receivable [Abstract]	'
Accounts Receivable [Text Block]	'
	4.       Accounts Receivable
	Our allowance for doubtful accounts receivable, which is reflected in the Consolidated Balance Sheets as a reduction of accounts receivable, totaled $34 million and $43 million at March 31, 2014 and December 31, 2013, respectively.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2014
Inventories [Abstract]	'
Inventories [Text Block]	'
	5.       Inventories
	Inventories consisted of the following components:
			March 31,		December 31,
	Millions of dollars		2014		2013
	Finished goods		$	3,544	$	3,297
	Work-in-process			278		253
	Raw materials and supplies			1,767		1,729
		Total inventories	$	5,589	$	5,279

Debt

Debt	3 Months Ended
	Mar. 31, 2014
Debt [Abstract]	'
Debt [Text Block]	'
	6.       Debt
	Long-term loans, notes and other long-term debt consisted of the following:
			March 31,			December 31,
	Millions of dollars		2014			2013
	Senior Notes due 2019, $2,000 million, 5.0%		$	2,000		$	2,000
	Senior Notes due 2021, $1,000 million, 6.0%			1,000			1,000
	Senior Notes due 2024, $1,000 million, 5.75%			1,000			1,000
	Guaranteed Notes due 2044, $1,000 million, 4.875% ($12 million of discount)			988			0
	Guaranteed Notes due 2023, $750 million, 4% ($9 million of discount)			741			740
	Guaranteed Notes due 2043, $750 million, 5.25% ($22 million of discount)			728			728
	Guaranteed Notes due 2027, $300 million, 8.1%			300			300
	Other			12			9
		Total		6,769			5,777
	Less current maturities			-3			-1
		Long-term debt	$	6,766		$	5,776
	Short-term loans, notes, and other short-term debt consisted of the following:
				March 31,			December 31,
	Millions of dollars			2014			2013
	$2,000 million Senior Revolving Credit Facility			$	0		$	0
	$1,000 million U.S. Receivables Securitization Facility				0			0
	€450 million European Receivables Securitization Facility				0			0
	Financial payables to equity investees				9			9
	Precious metal financings				48			48
	Other				1			1
		Total short-term debt		$	58		$	58
	Long-Term Debt
	In February 2014, LYB International Finance B.V. (“LYB Finance”), a direct, 100% owned finance subsidiary of LyondellBasell Industries N.V., as defined in Rule 3-10(b) of Regulation S-X, issued $1,000 million of 4.875% Notes due 2044 at a discounted price of 98.831%.
	These unsecured notes, which are fully and unconditionally guaranteed by LyondellBasell Industries N.V., rank equally in right of payment to all of LYB Finance's existing and future unsecured indebtedness and to all of LyondellBasell's existing and future unsubordinated indebtedness. There are no significant restrictions that would impede the Guarantor from obtaining funds by dividend or loan from its subsidiaries. Subsidiaries are generally prohibited from entering into arrangements that would limit their ability to make dividends to or enter into loans with the Guarantor.
	The indenture governing these notes contains limited covenants, including those restricting our ability and the ability of our subsidiaries to incur indebtedness secured by significant property or by capital stock of subsidiaries that own significant property, enter into certain sale and lease-back transactions with respect to any significant property or enter into consolidations, mergers or sales of all or substantially all of our assets.
	The notes may be redeemed before the date that is six months prior to the scheduled maturity date at a redemption price equal to the greater of 100% of the principal amount of the notes redeemed and the sum of the present values of the remaining scheduled payments of principal and interest (discounted at the applicable Treasury Yield plus 20 basis points) on the notes to be redeemed. The notes may also be redeemed on or after the date that is six months prior to the final maturity date of the notes at a redemption price equal to 100% of the principal amount of the notes redeemed plus accrued and unpaid interest.
	Short-Term Debt
	U.S. Receivables Securitization Facility―Our U.S. accounts receivable securitization facility provides for up to $1,000 million of liquidity through the sale or contribution of trade receivables by certain of our U.S. subsidiaries to a wholly owned, bankruptcy-remote subsidiary on an ongoing basis and without recourse. The bankruptcy-remote subsidiary may then, at its option and subject to a borrowing base of eligible receivables, sell undivided interests in the pool of trade receivables to financial institutions participating in the facility. We are responsible for servicing the receivables. In the event of liquidation, the bankruptcy-remote subsidiary's assets will be used to satisfy the claims of its creditors prior to any assets or value in the bankruptcy-remote subsidiary becoming available to us. At March 31, 2014, availability under this facility was $1,000 million, as there were no borrowings or letters of credit outstanding under the facility.
	At March 31, 2014 and 2013, our weighted average interest rates on outstanding short-term debt were 0.7% and 0.6%, respectively.
	Debt Discount and Issuance Costs Included in Interest Expense―Amortization of debt discounts and debt issuance costs in the three months ended March 31, 2014 and 2013 resulted in amortization expense of $9 million and $6 million, respectively, which is included in Interest expense in the Consolidated Statements of Income.

Financial_Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2014
Financial Instruments [Abstract]	'
Financial Instruments [Text Block]	'
	7.       Financial Instruments
	Cash Concentration―Our cash equivalents are placed in high-quality commercial paper, money market funds and time deposits with major international banks and financial institutions.
	Marketable Securities―We invest cash not required for operations in investment grade securities for periods not exceeding two years. Investments in securities with original maturities of three months or less are classified as Cash and cash equivalents. At March 31, 2014 and December 31, 2013, we had marketable securities classified as Cash and cash equivalents of $2,127 million and $3,482 million, respectively.
	We also have investments in marketable securities classified as available-for-sale. These securities, which are included in Short-term investments on the Consolidated Balance Sheets, are carried at estimated fair value with unrealized gains and losses recorded as a component of Accumulated Other Comprehensive Income (“AOCI”). We periodically review our available-for-sale securities for other-than-temporary declines in fair value below the cost basis, and when events or changes in circumstances indicate the carrying value of an asset may not be recoverable, the investment is written down to fair value, establishing a new cost basis.
	Repurchase Agreements―We have invested in tri-party repurchase agreements. Under these agreements, we make cash purchases of securities according to a pre-agreed profile from our counterparties. The counterparties have an obligation to repurchase, and we have an obligation to sell, the same or substantially the same securities at a pre-defined date for a price equal to the purchase price plus interest. These securities, which pursuant to our policy are held by a third-party custodian must generally have a minimum collateral value of 102%, secure the counterparty's obligation to repurchase the securities. Our investment in these tri-party repurchase agreements, which mature within the next twelve months, are treated as short-term loans receivable and are reflected in Prepaid expenses and other current assets on our Consolidated Balance Sheets.
	Commodity Prices―We are exposed to commodity price volatility related to anticipated purchases of natural gas, natural gas liquids, crude oil and other raw materials and sales of our products. We selectively use over-the counter commodity swaps, options and exchange traded futures contracts with various terms to manage the volatility related to these risks. In addition, we are exposed to volatility on the prices of precious metals to the extent that we have obligations, classified as embedded derivatives, tied to the price of precious metals associated with secured borrowings. All aforementioned contracts are generally limited to durations of one year or less.
	Foreign Currency Rates―We have significant worldwide operations. The functional currencies of our consolidated subsidiaries through which we operate are primarily the U.S. dollar and the euro. We enter into transactions denominated in currencies other than our designated functional currencies. As a result, we are exposed to foreign currency risk on receivables and payables. We maintain risk management control policies intended to monitor foreign currency risk attributable to both our outstanding foreign currency balances and our future commitments. These control policies involve the centralization of foreign currency exposure management, the offsetting of exposures and the estimating of expected impacts of changes in foreign currency rates on our earnings. We enter into foreign currency forward contracts to reduce the effects of our net currency exchange exposures. At March 31, 2014, foreign currency forward contracts in the notional amount of $166 million, maturing in April 2014 through July 2014, were outstanding.
	For forward contracts that economically hedge recognized monetary assets and liabilities in foreign currencies, no hedge accounting is applied. Changes in the fair value of foreign currency forward contracts, which are reported in the Consolidated Statements of Income, are offset in part by the currency translation results recognized on the assets and liabilities.
	Foreign Currency Gain (Loss)―Other income, net, in the Consolidated Statements of Income reflected a loss of $1 million and a gain of $4 million for the three months ended March 31, 2014 and 2013, respectively.
	Forward-Starting Interest Rate Swaps—In July 2013, we entered into forward-starting interest rate swaps with notional values totaling $1,500 million to hedge the intra-day risk of changes in the forward U.S. Treasury rates for fixed-rate debt issuances in 2013. These forward starting interest rate swaps were terminated contemporaneously with the pricing of $750 million of guaranteed notes due 2023 and $750 million of guaranteed notes due 2043. In February 2014, we entered into forward-starting interest rate swaps with a total notional value of $500 million to hedge the risk of fluctuations in the forward USD 30 Year LIBOR Swap rate for anticipated fixed-rate debt issuances in 2014. The swap was terminated upon issuance of the $1,000 million of guaranteed notes due 2044. We designated these forward-starting interest rate swaps as cash flow hedges.
	We paid cash of $17 million to settle the liabilities related to these swaps agreements. The related deferred losses were recognized in AOCI and are being amortized as an increase to interest expense over the life of the related guaranteed note issuances using the effective interest method.
	As of March 31, 2014, less than $1 million (on a pretax basis) is scheduled to be reclassified as an increase to interest expense over the next twelve months.
	Available-for-Sale Securities―The following table summarizes the cost, gross unrealized gains and losses, and fair value of available-for-sale securities measured on a recurring basis that are outstanding as of March 31, 2014. Refer to Note 8, Fair Value Measurement, for additional information regarding the fair value of available-for-sale securities.
							March 31, 2014
											Gross			Gross
										Unrealized			Unrealized			Fair
	Millions of dollars						Cost			Gains			Losses			Value
	Commercial paper						$	1,075		$	0		$	0		$	1,075
	Bonds							177			0			0			177
	Certificates of deposit							150			0			0			150
		Total available-for-sale securities					$	1,402		$	0		$	0		$	1,402
	As of March 31, 2014, the commercial paper securities held by the Company had maturities between two and ten months, bonds had maturities between two and twenty-two months and certificates of deposit mature within twenty-two months.
	The fair value and unrealized losses related to available-for-sale securities that were in an unrealized loss position for less than twelve months as of March 31, 2014 were less than $1 million.
	None of our available-for-sale securities matured or were sold during the three month period ending March 31, 2014. Accordingly, there were no proceeds, realized gains or realized losses related to the sale or maturity of these securities recognized during that time.
	In addition, no losses related to other-than-temporary impairments of our available-for-sale investments have been recorded in Accumulated other comprehensive income during the three month period ended March 31, 2014.
	Financial Instruments―The following table summarizes derivative and non-derivative financial instruments outstanding as of March 31, 2014 and December 31, 2013 that are measured at fair value on a recurring basis. Refer to Note 8, Fair Value Measurement, for additional information regarding the fair value of derivative and non-derivative financial instruments.
								March 31, 2014						31-Dec-13
						Balance Sheet		Notional			Fair			Notional			Fair
	Millions of dollars					Classification		Amount			Value			Amount			Value
	Assets–
			Derivatives:
				Embedded derivatives		Prepaid expenses		$	21		$	2		$	47		$	3
						and other
						current assets
				Foreign currency		Prepaid expenses			15			0			155			1
						and other
						current assets
			Non-derivatives:
				Available-for sale		Short-term			1,402			1,402			0			0
					securities	investments
								$	1,438		$	1,404		$	202		$	4
	Liabilities–
			Derivatives:
				Commodities		Accrued liabilities		$	97		$	1		$	646		$	4
				Embedded derivatives		Accrued liabilities			26			1			0			0
				Foreign currency		Accrued liabilities			151			1			17			0
			Non-derivatives:
				Performance share		Accrued liabilities			13			13			0			0
					awards
				Performance share		Other liabilities			7			7			14			14
					awards
								$	294		$	23		$	677		$	18
	The following table summarizes the pretax effect of derivative instruments charged directly to income.
					Effect of Financial Instruments
					Three Months Ended March 31, 2014
								Gain (Loss)			Additional
					Gain (Loss)			Reclassified			Gain (Loss)
					Recognized			from AOCI			Recognized			Income Statement
	Millions of dollars				in AOCI			to Income			in Income			Classification
	Derivatives designated as cash-flow hedges:
			Forward interest rate swaps		$	-17		$	0		$	-1		Interest expense
	Derivatives not designated as hedges:
			Embedded derivatives			0			0			-2		Cost of sales
		Foreign currency			0			0			2		Other income, net
				$	-17		$	0		$	-1
				Three Months Ended March 31, 2013
							Gain (Loss)			Additional
				Gain (Loss)			Reclassified			Gain (Loss)
				Recognized			from AOCI			Recognized			Income Statement
Millions of dollars				in AOCI			to Income			in Income			Classification
Derivatives not designated as hedges:
		Commodities		$	0		$	0		$	-8		Cost of sales
		Embedded derivatives			0			0			3		Cost of sales
		Foreign currency			0			0			5		Other income, net
				$	0		$	0		$	0

Fair_Value_Measurement

Fair Value Measurement	3 Months Ended
	Mar. 31, 2014
Fair Value Measurement [Abstract]	'
Fair Value Measurement [Text Block]	'
	8.       Fair Value Measurement
	The following table presents the financial instruments outstanding as of March 31, 2014 and December 31, 2013 that are measured at fair value on a recurring basis.
					March 31, 2014
					Fair
	Millions of dollars				Value		Level 1		Level 2		Level 3
	Assets–
			Derivatives:
				Embedded derivatives	$	2	$	0	$	2	$	0
			Non-derivatives:			0
				Available-for-sale securities		1,402		0		1,402		0
					$	1,404	$	0	$	1,404	$	0
	Liabilities–
			Derivatives:
				Commodities	$	1	$	1	$	0	$	0
				Embedded derivatives		1		0		1		0
				Foreign currency		1		0		1		0
			Non-derivatives:
				Performance share awards		20		20		0		0
					$	23	$	21	$	2	$	0
					31-Dec-13
					Fair
	Assets–				Value		Level 1		Level 2		Level 3
			Derivatives:
				Embedded derivatives	$	3	$	0	$	3	$	0
				Foreign currency		1		0		1		0
					$	4	$	0	$	4	$	0
	Liabilities–
			Derivatives:
				Commodities	$	4	$	4	$	0	$	0
			Non-derivatives:
				Performance share awards		14		14		0		0
					$	18	$	18	$	0	$	0
	There were no financial instruments measured on a recurring basis using Level 3 inputs and no transfers between Level 1 and Level 2 during the three months ended March 31, 2014 and the year ended December 31, 2013.
	The following table presents the carrying value and estimated fair value of our financial instruments that are not measured at fair value on a recurring basis as of March 31, 2014 and December 31, 2013. Short-term loans receivable and short-term and long-term debt are recorded at amortized cost in the Consolidated Balance Sheets. The carrying and fair values of short-term and long-term debt exclude capital leases.
					March 31, 2014
					Carrying		Fair
	Millions of dollars				Value		Value		Level 1		Level 2		Level 3
	Non-derivatives:
		Assets:
			Short-term loans receivable		$	275	$	275	$	0	$	275	$	0
		Liabilities:
			Short-term debt		$	58	$	58	$	0	$	47	$	11
			Long-term debt			6,766		7,506		0		7,497		9
				Total	$	6,824	$	7,564	$	0	$	7,544	$	20
					31-Dec-13
					Carrying		Fair
	Millions of dollars				Value		Value		Level 1		Level 2		Level 3
	Non-derivatives:
		Liabilities:
			Short-term debt		$	58	$	55	$	0	$	44	$	11
			Long-term debt			5,772		6,382		0		6,378		4
				Total	$	5,830	$	6,437	$	0	$	6,422	$	15
	The fair value of all non-derivative financial instruments included in Current assets, including Cash and cash equivalents, Restricted cash and Accounts receivable, and Current liabilities, including Short-term debt and Accounts payable, approximates the applicable carrying value due to the short maturity of those instruments.
	We use the following inputs and valuation techniques to estimate the fair value of our financial instruments:
	Derivatives—The fair value of our commodity derivatives and embedded derivatives are measured using the closing market price at the end of the reporting period obtained from the New York Mercantile Exchange and from third-party broker quotes and pricing providers. The fair value of our foreign currency derivatives is based on forward market rates.
	Available-for-Sale Securities—Fair value is calculated using observable market data for similar securities and broker quotes from recognized purveyors of market data.
	Short-Term Loans Receivable—Valuations are based on discounted cash flows, which consider prevailing market rates for the respective instrument maturity in addition to corroborative support from the minimum underlying collateral requirements.
	Long-Term Debt—Fair value is calculated based on non-binding broker quotes obtained from well-established and recognized vendors of market data for debt valuations.
	Short-Term Debt—Fair values of short-term borrowings related to precious metal financing arrangements are determined based on the price of the associated precious metal.

Pension_and_Other_Postretireme

Pension and Other Postretirement Benefits	3 Months Ended
	Mar. 31, 2014
Pension and Other Postretirement Benefits [Abstract]	'
Pension and Other Postretirement Benefits [Text Block]	'
	9.       Pension and Other Postretirement Benefits
	Net periodic pension benefits included the following cost components for the periods presented:
			Three Months Ended March 31,
			2014				2013
	Millions of dollars		U.S.		Non-U.S.		U.S.		Non-U.S.
	Service cost		$	11	$	8	$	12	$	18
	Interest cost			22		11		20		10
	Expected return on plan assets			-39		-6		-34		-5
	Settlements (gain) loss			- -		-1		- -		2
	Prior service cost amortization			- -		1		- -		1
	Actuarial and investment loss amortization			- -		1		6		- -
		Net periodic pension benefit (credits) costs	$	-6	$	14	$	4	$	26
	Net periodic other postretirement benefits included the following cost components for the periods presented:
			Three Months Ended March 31,
			2014				2013
	Millions of dollars		U.S.		Non-U.S.		U.S.		Non-U.S.
	Service cost		$	1	$	- -	$	1	$	- -
	Interest cost			4		1		3		1
	Actuarial loss amortization			2		- -		1		- -
		Net periodic benefit costs	$	7	$	1	$	5	$	1
	The Company contributed $23 million to its pension plans during the three months ended March 31, 2014, which consisted of $3 million and $20 million to its U.S. and non-U.S. pension plans, respectively.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2014
Income Taxes [Abstract]	'
Income Taxes [Text Block]	'
	10.       Income Taxes
	Our effective income tax rate for the first quarter of 2014 was 28.9% compared with 28.3% for the first quarter of 2013. Our effective tax rate fluctuates based on, among other factors, changes in pretax income in countries with varying statutory tax rates, the U.S. domestic production activity deduction, changes in valuation allowances and changes in unrecognized tax benefits. Compared with the first quarter of 2013, the effective tax rate for the first quarter of 2014 was higher primarily due to increases in taxable foreign exchange gains and changes in valuation allowances, which were partially offset by an increase in non-taxable income.
	We monitor income tax legislative developments in countries where we are tax resident. Management does not believe that recent changes in income tax laws in our tax resident countries will have a material impact on our Consolidated Financial Statements.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies [Text Block]	'
	11.       Commitments and Contingencies
	Financial Assurance Instruments—We have obtained letters of credit, performance and surety bonds and have issued financial and performance guarantees to support trade payables, potential liabilities and other obligations. Considering the frequency of claims made against the financial instruments we use to support our obligations, and the magnitude of those financial instruments in light of our current financial position, management does not expect that any claims against or draws on these instruments would have a material adverse effect on our Consolidated Financial Statements. We have not experienced any unmanageable difficulty in obtaining the required financial assurance instruments for our current operations.
	Environmental Remediation—Our accrued liability for future environmental remediation costs at current and former plant sites and other remediation sites totaled $116 million and $120 million as of March 31, 2014 and December 31, 2013, respectively. At March 31, 2014, the accrued liabilities for individual sites range from less than $1 million to $23 million. The remediation expenditures are expected to occur over a number of years, and not to be concentrated in any single year. In our opinion, it is reasonably possible that losses in excess of the liabilities recorded may have been incurred. However, we cannot estimate any amount or range of such possible additional losses. New information about sites, new technology or future developments such as involvement in investigations by regulatory agencies, could require us to reassess our potential exposure related to environmental matters.
	The following table summarizes the activity in our accrued environmental liability included in “Accrued liabilities” and “Other liabilities:”
		Three Months Ended
		March 31,
	Millions of dollars	2014		2013
	Beginning balance	$	120	$	126
	Amounts paid		-2		-1
	Foreign exchange effects		0		-2
	Other		-2		0
	Ending balance	$	116	$	123
	Access Indemnity Demand―In December 2010, one of our subsidiaries received demand letters from affiliates of Access Industries (collectively, “Access”), a more than five percent shareholder of the Company, demanding indemnity for losses, including attorney's fees and expenses, arising out of a pending lawsuit styled Edward S. Weisfelner, as Litigation Trustee of the LB Litigation Trust v. Leonard Blavatnik, et al., Adversary Proceeding No. 09-1375 (REG), in the United States Bankruptcy Court, Southern District of New York. In the Weisfelner lawsuit, the plaintiffs seek to recover from Access the return of all amounts earned by them related to their purchase of shares of Lyondell Chemical prior to its acquisition by Basell AF S.C.A., distributions by Basell AF S.C.A. to its shareholders before it acquired Lyondell Chemical, and management and transaction fees and expenses. The trial that was scheduled for October 2011 has been postponed.
	The Access affiliates have also demanded $100 million in management fees under a 2007 management agreement between an Access affiliate and the predecessor of LyondellBasell AF, as well as other unspecified amounts relating to advice purportedly given in connection with financing and other strategic transactions. In June 2009, an Access affiliate filed a proof of claim in Bankruptcy Court against LyondellBasell AF seeking “no less than” $723 thousand for amounts allegedly owed under the 2007 management agreement. In April 2011, Lyondell Chemical filed an objection to the claim and brought a declaratory judgment action for a determination that the demands are not valid. The declaratory judgment action is stayed pending the outcome of the Weisfelner lawsuit.
	We do not believe that the 2007 management agreement is in effect or that the Company or any Company-affiliated entity owes any obligations under the management agreement, including for management fees or for indemnification. We intend to vigorously defend our position in any proceedings and against any claims or demands that may be asserted.
	We cannot at this time estimate the reasonably possible loss or range of loss that may be incurred in the Weisfelner lawsuit; therefore, we cannot estimate the loss that may be sought by way of indemnity.
	Indemnification—We are parties to various indemnification arrangements, including arrangements entered into in connection with acquisitions, divestitures and the formation of joint ventures. Pursuant to these arrangements, we provide indemnification to and/or receive indemnification from other parties in connection with liabilities that may arise in connection with the transactions and in connection with activities prior to completion of the transactions. These indemnification arrangements typically include provisions pertaining to third party claims relating to environmental and tax matters and various types of litigation. As of March 31, 2014, we had not accrued any significant amounts for our indemnification obligations, and we are not aware of circumstances that would likely lead to significant future indemnification obligations. We cannot determine with certainty the potential amount of future payments under the indemnification arrangements until events arise that would trigger a liability under the arrangements.
	As part of our technology licensing contracts, we give indemnifications to our licensees for liabilities arising from possible patent infringement claims with respect to certain proprietary licensed technologies. Such indemnifications have a stated maximum amount and generally cover a period of five to ten years.

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2014
Stockholders' Equity [Abstract]	'
Stockholders' Equity [Text Block]	'
	12.       Stockholders' Equity
	Dividend Distributions—On March 17, 2014, we paid a cash dividend of $0.60 per share for an aggregate of $327 million to shareholders of record on March 3, 2014, with an ex-dividend date of February 27, 2014.
	On April 16, 2014, our Management Board was authorized by the Supervisory Board to declare an interim dividend of $0.70 per share. This dividend, which represents a 17% increase over our first quarter 2014 interim dividend, will be paid on May 12, 2014 to shareholders of record on April 28, 2014, with an ex-dividend date of April 24, 2014.
	Share Repurchase Programs—In May 2013, our Supervisory Board announced a share repurchase program under which we may repurchase up to 10% of our outstanding ordinary shares through the end of May 2014. These repurchases, which are determined at the discretion of our Management Board, may be executed from time to time through open market or privately negotiated transactions. The repurchased shares are recorded as Treasury stock and may be retired or used for general corporate purposes, including for various employee benefit and compensation plans. During the three months ended March 31, 2014, we have repurchased approximately 15 million shares for $1,314 million at an average price of $87.29 per share, including commissions. Due to the timing of settlements, total cash paid for these share repurchases for the three months ended March 31, 2014 was $1,201 million.
	On April 16, 2014, our shareholders approved a proposal to authorize us to repurchase up to an additional 10% of our outstanding ordinary shares over the next eighteen months. The purchases may be executed from time to time through open market or privately negotiated transactions.
	Ordinary Shares—The changes in the outstanding amounts of ordinary shares are as follows:
				Three Months Ended
				March 31,
				2014		2013
	Ordinary shares outstanding:
		Beginning balance		548,824,138		575,216,709
		Share-based compensation		96,605		189,957
		Warrants exercised		0		5,816
		Employee stock purchase plan		5,674		5,621
		Purchase of ordinary shares		-15,048,816		0
		Ending balance		533,877,601		575,418,103
	Treasury Shares—The changes in the amounts of treasury shares held by the Company are as follows:
				Three Months Ended
				March 31,
				2014		2013
	Ordinary shares held as treasury shares:
		Beginning balance		29,607,877		3,206,033
		Share-based compensation		-96,605		-189,957
		Warrants exercised		0		1,608
		Employee stock purchase plan		-5,674		-5,621
		Purchase of ordinary shares		15,048,816		0
		Ending balance		44,554,414		3,012,063
	Accumulated Other Comprehensive Income—The components of, and after-tax changes in, Accumulated other comprehensive income as of and for the three months ended March 31, 2014 are presented in the following table:
								Defined Benefit
								Pension			Foreign
								and Other			Currency
					Financial			Postretirement			Translation
	Millions of dollars				Derivatives			Benefit Plans			Adjustments		Total
	Balance – January 1, 2014				$	0		$	-140		$	236	$	96
	Other comprehensive income (loss) before
		reclassifications				-13			-6			18		-1
	Amounts reclassified from accumulated
		other comprehensive income				0			3			0		3
	Net other comprehensive income					-13			-3			18		2
	Balance – March 31, 2014				$	-13		$	-143		$	254	$	98
	The amounts reclassified out of each component of Accumulated other comprehensive income for the three months ended March 31, 2014 are as follows:
							Three Months			Affected line item on the
							Ended			Consolidated
	Millions of dollars						31-Mar-14			Statements of Income
	Reclassification adjustments for:
		Defined benefit pension and other postretirement plan items:
			Amortization of:
				Prior service cost			$	1
				Actuarial loss				3
	Reclassifications, before tax							4
	Income tax expense							1		Provision for income taxes
	Amounts reclassified out of Accumulated other
		comprehensive income					$	3
	Amortization of Prior service cost and Actuarial loss are included in the computation of net periodic pension and other postretirement benefit costs (see Note 9).

Per_Share_Data

Per Share Data	3 Months Ended
	Mar. 31, 2014
Per Share Data [Abstract]	'
Per Share Data [Text Block]	'
	13.       Per Share Data
	Basic earnings per share is based upon the weighted average number of shares of common stock outstanding during the periods. Diluted earnings per share includes the effect of certain stock option awards and other equity-based compensation awards. We have unvested restricted stock units that are considered participating securities for earnings per share.
	Earnings per share data and dividends declared per share of common stock are as follows:
				Three Months Ended March 31,
				2014				2013
				Continuing		Discontinued		Continuing		Discontinued
	Millions of dollars			Operations		Operations		Operations		Operations
	Net income (loss)			$	943	$	1	$	906	$	-6
	Less: net loss attributable to
		non-controlling interests			1		0		1		0
	Net income (loss) attributable to the
		Company shareholders			944		1		907		-6
	Net income attributable to participating
		securities			-2		0		-3		0
	Net income (loss) attributable to
		ordinary shareholders – basic and diluted		$	942	$	1	$	904	$	-6
	Millions of shares, except per share data
	Basic weighted average common stock
		outstanding			544		544		574		574
	Effect of dilutive securities:
			Stock options		4		4		4		4
	Potential dilutive shares				548		548		578		578
	Earnings (loss) per share:
			Basic	$	1.73	$	0	$	1.57	$	-0.01
			Diluted	$	1.72	$	0	$	1.56	$	-0.01
	Millions of shares, except per share data
	Participating securities				1.7		1.7		2.7		2.7
	Dividends declared per share of
		common stock		$	0.6	$	0	$	0.4	$	0

Segment_and_Related_Informatio

Segment and Related Information	3 Months Ended
	Mar. 31, 2014
Segment and Related Information [Abstract]	'
Segment and Related Information [Text Block]	'
	14.       Segment and Related Information
	Our operations are managed through five operating segments, as shown below. We disclose the results of each of our operating segments in accordance with ASC 280, Segment Reporting. Each of our operating segments is separately managed by a senior executive reporting directly to our Chief Executive Officer, the chief operating decision maker. Discrete financial information is available for each of the segments and our Chief Executive Officer uses the operating results of each of the operating segments for performance evaluation and resource allocation. The activities of each of our segments from which they earn revenues and incur expenses are described below:
	Olefins and Polyolefins–Americas (“O&P–Americas”). Our O&P–Americas segment produces and markets olefins, including ethylene and ethylene co-products, and polyolefins.
	Olefins and Polyolefins–Europe, Asia and International (“O&P–EAI”). Our O&P–EAI segment produces and markets olefins, including ethylene and ethylene co-products, polyolefins, and polypropylene compounds.
	Intermediates and Derivatives (“I&D”). Our I&D segment produces and markets propylene oxide (“PO”) and its co-products and derivatives, acetyls, including methanol, ethanol, ethylene oxide (“EO”) and its derivatives, and oxygenated fuels, or oxyfuels.
	Refining. Our Refining segment refines heavy, high-sulfur crude oils and other crude oils of varied types and sources available on the U.S. Gulf Coast.
	Technology. Our Technology segment develops and licenses chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts.
	In the first quarter of 2014, the chief operating decision maker began using EBITDA as the single measure for reviewing our segments' profitability and therefore, in accordance with ASC 280, Segment Reporting, we have presented EBITDA for all segments. We define EBITDA as earnings before interest, taxes and depreciation and amortization. All periods have been restated to reflect this change. Intercompany eliminations and items that are not directly related or allocated to business operations are included in “Other.”
	Summarized financial information concerning reportable segments is shown in the following table for the periods presented:
				Three Months Ended March 31, 2014
				O&P–			O&P–
	Millions of dollars			Americas			EAI		I&D		Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	2,378		$	3,707	$	2,405	$	2,537	$	108	$	0	$	11,135
			Intersegment		979			71		24		219		28		-1,321		0
					3,357			3,778		2,429		2,756		136		-1,321		11,135
	EBITDA				736			356		375		129		76		-4		1,668
				Three Months Ended March 31, 2013
				O&P–			O&P–
	Millions of dollars			Americas			EAI		I&D		Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	2,300		$	3,735	$	2,239	$	2,290	$	105	$	0	$	10,669
			Intersegment		944			65		43		178		29		-1,259		0
					3,244			3,800		2,282		2,468		134		-1,259		10,669
	EBITDA				898			225		373		20		66		3		1,585
	The O&P–EAI segment operating results for the first quarter of 2014 include a $52 million benefit from a settlement under a 2005 indemnification agreement for certain existing and future environmental liabilities.
	A reconciliation of EBITDA to Income from continuing operations before income taxes is shown in the following table for each of the periods presented:
		Three Months Ended March 31,
	Millions of dollars	2014			2013
	EBITDA:
	Total segment EBITDA	$	1,672		$	1,582
	Other EBITDA		-4			3
	Less:
	Depreciation and amortization expense		-256			-253
	Interest expense		-92			-71
	Add:
	Interest income		6			2
	Income from continuing operations before income taxes	$	1,326		$	1,263

Financial_Instruments_Policies

Financial Instruments (Policies)	3 Months Ended
	Mar. 31, 2014
Financial Instruments [Abstract]	'
Minimum value required of collateral held by third-party custodian [Policy Text Block]	'
	These securities, which pursuant to our policy are held by a third-party custodian must generally have a minimum collateral value of 102%, secure the counterparty's obligation to repurchase the securities.

Discontinued_Operations_Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2014
Discontinued Operations [Abstract]	'
Discontinued Operations [Table Text Block]	'
	The amounts included in Income (loss) from discontinued operations of the Berre refinery are summarized as follows:
					Three Months Ended
					March 31,
	Millions of dollars				2014		2013
	Sales and other operating revenues				$	1	$	5
	Loss from discontinued operations
		before income taxes			$	0	$	-6
	Benefit from income taxes					-1		0
	Income (loss) from discontinued operations,
		net of tax			$	1	$	-6
	The following table summarizes the changes in the accrual for the social plan for employees affected by the closure of the Berre refinery.
			Three Months Ended
			March 31,
	Millions of dollars		2014		2013
	Beginning balance		$	42	$	59
	Accretion expense			1		2
	Cash payments			-4		-10
	Effect of exchange rate changes			0		-2
	Ending balance		$	39	$	49

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Mar. 31, 2014
Inventories [Abstract]	'
Schedule of inventory, current [Table Text Block]	'
	Inventories consisted of the following components:
			March 31,		December 31,
	Millions of dollars		2014		2013
	Finished goods		$	3,544	$	3,297
	Work-in-process			278		253
	Raw materials and supplies			1,767		1,729
		Total inventories	$	5,589	$	5,279

Debt_Tables

Debt (Tables)	3 Months Ended
	Mar. 31, 2014
Debt [Abstract]	'
Schedule of long-term debt [Table Text Block]	'
	Long-term loans, notes and other long-term debt consisted of the following:
			March 31,			December 31,
	Millions of dollars		2014			2013
	Senior Notes due 2019, $2,000 million, 5.0%		$	2,000		$	2,000
	Senior Notes due 2021, $1,000 million, 6.0%			1,000			1,000
	Senior Notes due 2024, $1,000 million, 5.75%			1,000			1,000
	Guaranteed Notes due 2044, $1,000 million, 4.875% ($12 million of discount)			988			0
	Guaranteed Notes due 2023, $750 million, 4% ($9 million of discount)			741			740
	Guaranteed Notes due 2043, $750 million, 5.25% ($22 million of discount)			728			728
	Guaranteed Notes due 2027, $300 million, 8.1%			300			300
	Other			12			9
		Total		6,769			5,777
	Less current maturities			-3			-1
		Long-term debt	$	6,766		$	5,776
Schedule of short-term debt [Table Text Block]	'
	Short-term loans, notes, and other short-term debt consisted of the following:
				March 31,			December 31,
	Millions of dollars			2014			2013
	$2,000 million Senior Revolving Credit Facility			$	0		$	0
	$1,000 million U.S. Receivables Securitization Facility				0			0
	€450 million European Receivables Securitization Facility				0			0
	Financial payables to equity investees				9			9
	Precious metal financings				48			48
	Other				1			1
		Total short-term debt		$	58		$	58

Financial_Instruments_Tables

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2014
Financial Instruments [Abstract]	'
Summary of available-for-sale securities [Table Text Block]	'
	Available-for-Sale Securities―The following table summarizes the cost, gross unrealized gains and losses, and fair value of available-for-sale securities measured on a recurring basis that are outstanding as of March 31, 2014. Refer to Note 8, Fair Value Measurement, for additional information regarding the fair value of available-for-sale securities.
							March 31, 2014
											Gross			Gross
										Unrealized			Unrealized			Fair
	Millions of dollars						Cost			Gains			Losses			Value
	Commercial paper						$	1,075		$	0		$	0		$	1,075
	Bonds							177			0			0			177
	Certificates of deposit							150			0			0			150
		Total available-for-sale securities					$	1,402		$	0		$	0		$	1,402
Summary of fair value of outstanding financial instruments [Table Text Block]	'
	Financial Instruments―The following table summarizes derivative and non-derivative financial instruments outstanding as of March 31, 2014 and December 31, 2013 that are measured at fair value on a recurring basis. Refer to Note 8, Fair Value Measurement, for additional information regarding the fair value of derivative and non-derivative financial instruments.
								March 31, 2014						31-Dec-13
						Balance Sheet		Notional			Fair			Notional			Fair
	Millions of dollars					Classification		Amount			Value			Amount			Value
	Assets–
			Derivatives:
				Embedded derivatives		Prepaid expenses		$	21		$	2		$	47		$	3
						and other
						current assets
				Foreign currency		Prepaid expenses			15			0			155			1
						and other
						current assets
			Non-derivatives:
				Available-for sale		Short-term			1,402			1,402			0			0
					securities	investments
								$	1,438		$	1,404		$	202		$	4
	Liabilities–
			Derivatives:
				Commodities		Accrued liabilities		$	97		$	1		$	646		$	4
				Embedded derivatives		Accrued liabilities			26			1			0			0
				Foreign currency		Accrued liabilities			151			1			17			0
			Non-derivatives:
				Performance share		Accrued liabilities			13			13			0			0
					awards
				Performance share		Other liabilities			7			7			14			14
					awards
								$	294		$	23		$	677		$	18
Summary of the pretax effect of derivative instruments charged directly to income [Table Text Block]	'
	The following table summarizes the pretax effect of derivative instruments charged directly to income.
					Effect of Financial Instruments
					Three Months Ended March 31, 2014
								Gain (Loss)			Additional
					Gain (Loss)			Reclassified			Gain (Loss)
					Recognized			from AOCI			Recognized			Income Statement
	Millions of dollars				in AOCI			to Income			in Income			Classification
	Derivatives designated as cash-flow hedges:
			Forward interest rate swaps		$	-17		$	0		$	-1		Interest expense
	Derivatives not designated as hedges:
			Embedded derivatives			0			0			-2		Cost of sales
			Foreign currency			0			0			2		Other income, net
					$	-17		$	0		$	-1
					Three Months Ended March 31, 2013
								Gain (Loss)			Additional
					Gain (Loss)			Reclassified			Gain (Loss)
					Recognized			from AOCI			Recognized			Income Statement
	Millions of dollars				in AOCI			to Income			in Income			Classification
	Derivatives not designated as hedges:
			Commodities		$	0		$	0		$	-8		Cost of sales
			Embedded derivatives			0			0			3		Cost of sales
			Foreign currency			0			0			5		Other income, net
					$	0		$	0		$	0

Fair_Value_Measurement_Tables

Fair Value Measurement (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value Measurement [Abstract]	'
Schedule of financial instruments measured at fair value on a recurring basis [Table Text Block]	'
	The following table presents the financial instruments outstanding as of March 31, 2014 and December 31, 2013 that are measured at fair value on a recurring basis.
					March 31, 2014
					Fair
	Millions of dollars				Value		Level 1		Level 2		Level 3
	Assets–
			Derivatives:
				Embedded derivatives	$	2	$	0	$	2	$	0
			Non-derivatives:			0
				Available-for-sale securities		1,402		0		1,402		0
					$	1,404	$	0	$	1,404	$	0
	Liabilities–
			Derivatives:
				Commodities	$	1	$	1	$	0	$	0
				Embedded derivatives		1		0		1		0
				Foreign currency		1		0		1		0
			Non-derivatives:
				Performance share awards		20		20		0		0
					$	23	$	21	$	2	$	0
					31-Dec-13
					Fair
	Assets–				Value		Level 1		Level 2		Level 3
			Derivatives:
				Embedded derivatives	$	3	$	0	$	3	$	0
				Foreign currency		1		0		1		0
					$	4	$	0	$	4	$	0
	Liabilities–
			Derivatives:
				Commodities	$	4	$	4	$	0	$	0
			Non-derivatives:
				Performance share awards		14		14		0		0
					$	18	$	18	$	0	$	0
	There were no financial instruments measured on a recurring basis using Level 3 inputs and no transfers between Level 1 and Level 2 during the three months ended March 31, 2014 and the year ended December 31, 2013.
Schedule of the carrying value and estimated fair value of non-derivative financial instruments [Table Text Block]	'
	The following table presents the carrying value and estimated fair value of our financial instruments that are not measured at fair value on a recurring basis as of March 31, 2014 and December 31, 2013. Short-term loans receivable and short-term and long-term debt are recorded at amortized cost in the Consolidated Balance Sheets. The carrying and fair values of short-term and long-term debt exclude capital leases.
					March 31, 2014
					Carrying		Fair
	Millions of dollars				Value		Value		Level 1		Level 2		Level 3
	Non-derivatives:
		Assets:
			Short-term loans receivable		$	275	$	275	$	0	$	275	$	0
		Liabilities:
			Short-term debt		$	58	$	58	$	0	$	47	$	11
			Long-term debt			6,766		7,506		0		7,497		9
				Total	$	6,824	$	7,564	$	0	$	7,544	$	20
					31-Dec-13
					Carrying		Fair
	Millions of dollars				Value		Value		Level 1		Level 2		Level 3
	Non-derivatives:
		Liabilities:
			Short-term debt		$	58	$	55	$	0	$	44	$	11
			Long-term debt			5,772		6,382		0		6,378		4
				Total	$	5,830	$	6,437	$	0	$	6,422	$	15

Pension_and_Other_Postretireme1

Pension and Other Postretirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2014
Pension and Other Postretirement Benefits [Abstract]	'
Schedule of the components of net periodic benefit (credits) costs [TableText Block]	'
	Net periodic pension benefits included the following cost components for the periods presented:
			Three Months Ended March 31,
			2014				2013
	Millions of dollars		U.S.		Non-U.S.		U.S.		Non-U.S.
	Service cost		$	11	$	8	$	12	$	18
	Interest cost			22		11		20		10
	Expected return on plan assets			-39		-6		-34		-5
	Settlements (gain) loss			- -		-1		- -		2
	Prior service cost amortization			- -		1		- -		1
	Actuarial and investment loss amortization			- -		1		6		- -
		Net periodic pension benefit (credits) costs	$	-6	$	14	$	4	$	26
	Net periodic other postretirement benefits included the following cost components for the periods presented:
			Three Months Ended March 31,
			2014				2013
	Millions of dollars		U.S.		Non-U.S.		U.S.		Non-U.S.
	Service cost		$	1	$	- -	$	1	$	- -
	Interest cost			4		1		3		1
	Actuarial loss amortization			2		- -		1		- -
		Net periodic benefit costs	$	7	$	1	$	5	$	1

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies [Abstract]	'
Schedule of environmental loss contingencies [Table Text Block]	'
	The following table summarizes the activity in our accrued environmental liability included in “Accrued liabilities” and “Other liabilities:”
		Three Months Ended
		March 31,
	Millions of dollars	2014		2013
	Beginning balance	$	120	$	126
	Amounts paid		-2		-1
	Foreign exchange effects		0		-2
	Other		-2		0
	Ending balance	$	116	$	123

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2014
Stockholders' Equity [Abstract]	'
Schedule of changes in ordinary and treasury shares outstanding during the period [Table Text Block]	'
	Ordinary Shares—The changes in the outstanding amounts of ordinary shares are as follows:
				Three Months Ended
				March 31,
				2014		2013
	Ordinary shares outstanding:
		Beginning balance		548,824,138		575,216,709
		Share-based compensation		96,605		189,957
		Warrants exercised		0		5,816
		Employee stock purchase plan		5,674		5,621
		Purchase of ordinary shares		-15,048,816		0
		Ending balance		533,877,601		575,418,103
	Treasury Shares—The changes in the amounts of treasury shares held by the Company are as follows:
				Three Months Ended
				March 31,
				2014		2013
	Ordinary shares held as treasury shares:
		Beginning balance		29,607,877		3,206,033
		Share-based compensation		-96,605		-189,957
		Warrants exercised		0		1,608
		Employee stock purchase plan		-5,674		-5,621
		Purchase of ordinary shares		15,048,816		0
		Ending balance		44,554,414		3,012,063
Schedule of accumulated other comprehensive income (loss) [Table Text Block]	'
	Accumulated Other Comprehensive Income—The components of, and after-tax changes in, Accumulated other comprehensive income as of and for the three months ended March 31, 2014 are presented in the following table:
								Defined Benefit
								Pension			Foreign
								and Other			Currency
					Financial			Postretirement			Translation
	Millions of dollars				Derivatives			Benefit Plans			Adjustments		Total
	Balance – January 1, 2014				$	0		$	-140		$	236	$	96
	Other comprehensive income (loss) before
		reclassifications				-13			-6			18		-1
	Amounts reclassified from accumulated
		other comprehensive income				0			3			0		3
	Net other comprehensive income					-13			-3			18		2
	Balance – March 31, 2014				$	-13		$	-143		$	254	$	98
Reclassification out of accumulated other comprehensive income (loss) [Table Text Block]	'
	The amounts reclassified out of each component of Accumulated other comprehensive income for the three months ended March 31, 2014 are as follows:
							Three Months			Affected line item on the
							Ended			Consolidated
	Millions of dollars						31-Mar-14			Statements of Income
	Reclassification adjustments for:
		Defined benefit pension and other postretirement plan items:
			Amortization of:
				Prior service cost			$	1
				Actuarial loss				3
	Reclassifications, before tax							4
	Income tax expense							1		Provision for income taxes
	Amounts reclassified out of Accumulated other
		comprehensive income					$	3
	Amortization of Prior service cost and Actuarial loss are included in the computation of net periodic pension and other postretirement benefit costs (see Note 9).

Per_Share_Data_Tables

Per Share Data (Tables)	3 Months Ended
	Mar. 31, 2014
Per Share Data [Abstract]	'
Schedule of earnings per share, basic and diluted [Table Text Block]	'
	Earnings per share data and dividends declared per share of common stock are as follows:
				Three Months Ended March 31,
				2014				2013
				Continuing		Discontinued		Continuing		Discontinued
	Millions of dollars			Operations		Operations		Operations		Operations
	Net income (loss)			$	943	$	1	$	906	$	-6
	Less: net loss attributable to
		non-controlling interests			1		0		1		0
	Net income (loss) attributable to the
		Company shareholders			944		1		907		-6
	Net income attributable to participating
		securities			-2		0		-3		0
	Net income (loss) attributable to
		ordinary shareholders – basic and diluted		$	942	$	1	$	904	$	-6
	Millions of shares, except per share data
	Basic weighted average common stock
		outstanding			544		544		574		574
	Effect of dilutive securities:
			Stock options		4		4		4		4
	Potential dilutive shares				548		548		578		578
	Earnings (loss) per share:
			Basic	$	1.73	$	0	$	1.57	$	-0.01
			Diluted	$	1.72	$	0	$	1.56	$	-0.01
	Millions of shares, except per share data
	Participating securities				1.7		1.7		2.7		2.7
	Dividends declared per share of
		common stock		$	0.6	$	0	$	0.4	$	0

Segment_and_Related_Informatio1

Segment and Related Information (Tables)	3 Months Ended
	Mar. 31, 2014
Segment and Related Information [Abstract]	'
Summary of financial information concerning reportable segments [Table Text Block]	'
	Summarized financial information concerning reportable segments is shown in the following table for the periods presented:
				Three Months Ended March 31, 2014
				O&P–			O&P–
	Millions of dollars			Americas			EAI		I&D		Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	2,378		$	3,707	$	2,405	$	2,537	$	108	$	0	$	11,135
			Intersegment		979			71		24		219		28		-1,321		0
					3,357			3,778		2,429		2,756		136		-1,321		11,135
	EBITDA				736			356		375		129		76		-4		1,668
				Three Months Ended March 31, 2013
				O&P–			O&P–
	Millions of dollars			Americas			EAI		I&D		Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	2,300		$	3,735	$	2,239	$	2,290	$	105	$	0	$	10,669
			Intersegment		944			65		43		178		29		-1,259		0
					3,244			3,800		2,282		2,468		134		-1,259		10,669
	EBITDA				898			225		373		20		66		3		1,585
Reconciliation of EBITDA to Income from continuing operations before income taxes [Table Text Block]	'
	A reconciliation of EBITDA to Income from continuing operations before income taxes is shown in the following table for each of the periods presented:
		Three Months Ended March 31,
	Millions of dollars	2014			2013
	EBITDA:
	Total segment EBITDA	$	1,672		$	1,582
	Other EBITDA		-4			3
	Less:
	Depreciation and amortization expense		-256			-253
	Interest expense		-92			-71
	Add:
	Interest income		6			2
	Income from continuing operations before income taxes	$	1,326		$	1,263

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Income (loss) from discontinued operations, net of tax [Abstract]	'	'
Income (loss) from discontinued operations, net of tax	$1	($6)
Berre refinery [Member]	'	'
Income (loss) from discontinued operations, net of tax [Abstract]	'	'
Sales and other operating revenues	1	5
Income (loss) from discontinued operations before income taxes	0	-6
Provision for (benefit from) income taxes	-1	0
Income (loss) from discontinued operations, net of tax	1	-6
Discontinued operations, additional disclosures [Abstract]	'	'
Description of future cash outflows	'Future cash outflows will occur for activities associated with exit or disposal and for payments made to severed employees.	'
Timing of future cash outflows	'Exit and disposal costs are expected to be incurred through the end of 2017. Payments to the affected employees are expected to be substantially complete by 2019. There is uncertainty in the manner, scope and timing of potential future asset disposal or dismantlement activities and their related cash flows. Although some dismantling and remediation activities may be considered or required at a future date, the amounts associated with such activities are not determinable at this time due to such uncertainties.	'
Social plan liability, Berre refinery [Roll Forward]	'	'
Beginning balance	42	59
Accretion expense	1	2
Cash payments	-4	-10
Effect of exchange rate changes	0	-2
Ending balance	$39	$49

Accounts_Receivable_Details

Accounts Receivable (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Accounts Receivable [Abstract]	'	'
Allowance for doubtful accounts receivable	$34	$43

Inventories_Details

Inventories (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Inventory, finished goods, work-in-process, and raw materials and supplies [Abstract]	'	'
Finished goods	$3,544	$3,297
Work-in-process	278	253
Raw materials and supplies	1,767	1,729
Total inventories	$5,589	$5,279

Accrued_Liabilities_Details

Accrued Liabilities (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Accrued liabilities current [Abstract]	'	'
Total accrued liabilities	$1,477	$1,299

Debt_Longterm_debt_Details

Debt, Long-term debt (Details) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Long-term debt [Line items]	'	'
Long-term debt	$6,769	$5,777
Long-term debt, current portion	-3	-1
Long-term debt, noncurrent portion	6,766	5,776
Senior Notes due 2019, $2,000 million, 5.0% [Member]	'	'
Long-term debt [Line items]	'	'
Maturity year	'2019	'2019
Face amount	2,000	2,000
Stated interest rate (in hundredths)	5.00%	5.00%
Long-term debt	2,000	2,000
Senior Notes due 2021, $1,000 million, 6.0% [Member]	'	'
Long-term debt [Line items]	'	'
Maturity year	'2021	'2021
Face amount	1,000	1,000
Stated interest rate (in hundredths)	6.00%	6.00%
Long-term debt	1,000	1,000
Senior Notes due 2024, $1,000 million, 5.75% [Member]	'	'
Long-term debt [Line items]	'	'
Maturity year	'2024	'2024
Face amount	1,000	1,000
Stated interest rate (in hundredths)	5.75%	5.75%
Long-term debt	1,000	1,000
Guaranteed Notes due 2044, $1,000 million, 4.875% ($12 million of discount) [Member]	'	'
Long-term debt [Line items]	'	'
Maturity year	'2044	'
Face amount	1,000	'
Stated interest rate (in hundredths)	4.88%	'
Unamortized discount	12	'
Long-term debt	988	'
Guaranteed Notes due 2023, $750 million, 4% ($9 million of discount) [Member]	'	'
Long-term debt [Line items]	'	'
Maturity year	'2023	'2023
Face amount	750	750
Stated interest rate (in hundredths)	4.00%	4.00%
Unamortized discount	9	9
Long-term debt	741	740
Guaranteed Notes due 2043, $750 million, 5.25% ($22 million of discount) [Member]	'	'
Long-term debt [Line items]	'	'
Maturity year	'2043	'2043
Face amount	750	750
Stated interest rate (in hundredths)	5.25%	5.25%
Unamortized discount	22	22
Long-term debt	728	728
Guaranteed Notes due 2027, $300 million, 8.1% [Member]	'	'
Long-term debt [Line items]	'	'
Maturity year	'2027	'2027
Face amount	300	300
Stated interest rate (in hundredths)	8.10%	8.10%
Long-term debt	300	300
Other long-term debt [Member]	'	'
Long-term debt [Line items]	'	'
Long-term debt	$12	$9

Debt_Shortterm_debt_Details

Debt, Short-term debt (Details)

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

In Millions, unless otherwise specified

USD ($)

USD ($)

$2,000 million Senior Revolving Credit Facility [Member]

$2,000 million Senior Revolving Credit Facility [Member]

$1,000 million U.S. Receivables Securitization Facility [Member]

$1,000 million U.S. Receivables Securitization Facility [Member]

Euro 450 million European Receivables Securitization Facility [Member]

Euro 450 million European Receivables Securitization Facility [Member]

Euro 450 million European Receivables Securitization Facility [Member]

Euro 450 million European Receivables Securitization Facility [Member]

Financial payables to equity investees [Member]

Financial payables to equity investees [Member]

Precious metals financings [Member]

Precious metals financings [Member]

Other short-term debt [Member]

Other short-term debt [Member]

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Short-term debt [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum borrowing capacity on line of credit

'

'

$2,000

$2,000

$1,000

$1,000

'

€ 450

'

€ 450

'

'

'

'

'

'

Short-term debt

$58

$58

$0

$0

$0

$0

$0

'

$0

'

$9

$9

$48

$48

$1

$1

Debt_Description_of_debt_Detai

Debt, Description of debt (Details) (Guaranteed Notes due 2044, $1,000 million, 4.875% ($12 million of discount) [Member], USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014
Guaranteed Notes due 2044, $1,000 million, 4.875% ($12 million of discount) [Member]	'
Description of long-term debt changes [Line Items]	'
Issuance date	'February 2014
Percentage ownership by parent of finance subsidiary (in hundredths)	100.00%
Face amount	$1,000
Interest rate (in hundredths)	4.88%
Maturity year	'2044
Discounted prices at which long-term debt was issued (in hundredths)	98.83%
Description of debt redemption terms	'The notes may be redeemed before the date that is six months prior to the scheduled maturity date at a redemption price equal to the greater of 100% of the principal amount of the notes redeemed and the sum of the present values of the remaining scheduled payments of principal and interest (discounted at the applicable Treasury Yield plus 20 basis points) on the notes to be redeemed. The notes may also be redeemed on or after the date that is six months prior to the final maturity date of the notes at a redemption price equal to 100% of the principal amount of the notes redeemed plus accrued and unpaid interest.

Debt_Description_of_shortterm_

Debt, Description of short-term debt (Details) (USD $)	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified			$1,000 million U.S. Receivables Securitization Facility [Member]	$1,000 million U.S. Receivables Securitization Facility [Member]
Description of short-term debt [Line Items]	'	'	'	'
Maximum borrowing capacity	'	'	$1,000	$1,000
Current availability under facility	'	'	1,000	'
Outstanding borrowings	'	'	0	'
Outstanding letters of credit	'	'	$0	'
Weighted average interest rate, short-term debt (in hundredths)	0.70%	0.60%	'	'

Debt_Debt_discount_and_issuanc

Debt, Debt discount and issuance costs included in interest expense (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Debt discount and issuance costs included in interest expense [Abstract]	'	'
Amortization of debt-related costs	$9	$6

Financial_Instruments_Marketab

Financial Instruments, Marketable securities, foreign currency rates and forward-starting interest rate swaps (Details) (USD $)

3 Months Ended

1 Months Ended

3 Months Ended

In Millions, unless otherwise specified

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Feb. 28, 2014

Mar. 31, 2014

Jul. 31, 2013

Guaranteed Notes due 2023 [Member]

Guaranteed Notes due 2023 [Member]

Guaranteed Notes due 2043 [Member]

Guaranteed Notes due 2043 [Member]

Guaranteed Notes due 2044 [Member]

Foreign currency rates [Member]

Forward-starting interest rate swap [Member]

Forward-starting interest rate swap [Member]

Forward-starting interest rate swap [Member]

Cash-flow hedge [Member]

Cash-flow hedge [Member]

Cash-flow hedge [Member]

Marketable securities [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

Amount of marketable securities classified as cash and cash equivalents

$2,127

'

$3,482

'

'

'

'

'

'

'

'

'

Derivative [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Notional amounts value

'

'

'

'

'

'

'

'

166

500

'

1,500

Derivative, maturity date

'

'

'

'

'

'

'

'

'April 2014 through July 2014

'

'

'

Foreign currency gain (loss)

-1

4

'

'

'

'

'

'

'

'

'

'

Face amount

'

'

'

750

750

750

750

1,000

'

'

'

'

Term of cash flow hedge

'

'

'

'

'

'

'

'

'

'30 years

'

'

Cash paid to settle liabilities related to termination of swaps

'

'

'

'

'

'

'

'

'

'

$17

'

Pre-tax deferred losses scheduled to be reclassified from AOCI to interest expense over the next twelve months

'

'

'

'

'

'

'

'

'

'

'less than $1 million

'

Financial_Instruments_Summary_

Financial Instruments, Summary of available-for-sale securities (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014
Schedule of available-for-sale securities [Line Items]	'
Cost	$1,402
Gross unrealized gains	0
Gross unrealized losses	0
Fair value	1,402
Available-for-sale securities in continuous unrealized loss position [Abstract]	'
Fair value of available-for-sale securities in continuous unrealized loss position for less than twelve months	'less than $1 million
Unrealized losses on available-for-sale securities in continuous unrealized loss position for less than twelve months	'less than $1 million
Proceeds from sales and maturities and the related gross realized gains and losses on available-for-sale securities [Abstract]	'
Proceeds from sales and maturities of securities	0
Gross realized gains	0
Gross realized losses	0
Available-for-sale securities, additional information [Abstract]	'
Amount of losses related to other-than-temporary impairments on available-for-sale securities	0
Commercial paper [Member]	'
Schedule of available-for-sale securities [Line Items]	'
Cost	1,075
Gross unrealized gains	0
Gross unrealized losses	0
Fair value	1,075
Commercial paper [Member] | Minimum [Member]	'
Schedule of available-for-sale securities [Line Items]	'
Investment maturity period	'2 months
Commercial paper [Member] | Maximum [Member]	'
Schedule of available-for-sale securities [Line Items]	'
Investment maturity period	'10 months
Bonds [Member]	'
Schedule of available-for-sale securities [Line Items]	'
Cost	177
Gross unrealized gains	0
Gross unrealized losses	0
Fair value	177
Bonds [Member] | Minimum [Member]	'
Schedule of available-for-sale securities [Line Items]	'
Investment maturity period	'2 months
Bonds [Member] | Maximum [Member]	'
Schedule of available-for-sale securities [Line Items]	'
Investment maturity period	'22 months
Certificates of deposit [Member]	'
Schedule of available-for-sale securities [Line Items]	'
Cost	150
Gross unrealized gains	0
Gross unrealized losses	0
Fair value	$150
Investment maturity period	'22 months

Financial_Instruments_Summary_1

Financial Instruments, Summary of derivative and non-derivative financial instruments outstanding measured at fair vaue on a recurring basis (Details) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Derivative and non-derivative assets and liabilities, at fair value, net, by balance sheet classification [Abstract]	'	'
Notional amount, derivative and non-derivative financial instruments assets	$1,438	$202
Notional amount, derivative and non-derivative financial instruments liabilities	294	677
Fair value, derivative and non-derivative financial instruments assets	1,404	4
Fair value, derivative and non-derivative financial instruments liabilities	23	18
Derivatives: [Member] | Commodities [Member] | Accrued liabilities [Member]	'	'
Derivative and non-derivative assets and liabilities, at fair value, net, by balance sheet classification [Abstract]	'	'
Notional amount, derivative liabilities	97	646
Fair value, derivative liabilities	1	4
Derivatives: [Member] | Embedded derivatives [Member] | Prepaid expenses and other current assets [Member]	'	'
Derivative and non-derivative assets and liabilities, at fair value, net, by balance sheet classification [Abstract]	'	'
Notional amount, derivative assets	21	47
Fair value, derivative assets	2	3
Derivatives: [Member] | Embedded derivatives [Member] | Accrued liabilities [Member]	'	'
Derivative and non-derivative assets and liabilities, at fair value, net, by balance sheet classification [Abstract]	'	'
Notional amount, derivative liabilities	26	0
Fair value, derivative liabilities	1	0
Derivatives: [Member] | Foreign currency [Member] | Prepaid expenses and other current assets [Member]	'	'
Derivative and non-derivative assets and liabilities, at fair value, net, by balance sheet classification [Abstract]	'	'
Notional amount, derivative assets	15	155
Fair value, derivative assets	0	1
Derivatives: [Member] | Foreign currency [Member] | Accrued liabilities [Member]	'	'
Derivative and non-derivative assets and liabilities, at fair value, net, by balance sheet classification [Abstract]	'	'
Notional amount, derivative liabilities	151	17
Fair value, derivative liabilities	1	0
Non-derivatives: [Member] | Available-for-sale securities [Member] | Short-term investments [Member]	'	'
Derivative and non-derivative assets and liabilities, at fair value, net, by balance sheet classification [Abstract]	'	'
Notional amount, non-derivative financial instruments	1,402	0
Fair value, non-derivative financial instruments	1,402	0
Non-derivatives: [Member] | Performance share awards [Member] | Accrued liabilities [Member]	'	'
Derivative and non-derivative assets and liabilities, at fair value, net, by balance sheet classification [Abstract]	'	'
Notional amount, non-derivative financial instruments	13	0
Fair value, non-derivative financial instruments	13	0
Non-derivatives: [Member] | Performance share awards [Member] | Other liabilities [Member]	'	'
Derivative and non-derivative assets and liabilities, at fair value, net, by balance sheet classification [Abstract]	'	'
Notional amount, non-derivative financial instruments	7	14
Fair value, non-derivative financial instruments	$7	$14

Financial_Instruments_Pretax_e

Financial Instruments, Pretax effect of derivative instruments charged directly to income (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Derivative instruments gain (loss) [Line Items]	'	'
Gain (loss) recognized in AOCI	($17)	$0
Gain (loss) reclassified from AOCI to income	0	0
Additional gain (loss) recognized in income	-1	0
Derivatives designated as cash-flow hedges [Member] | Forward-starting interest rate swap [Member] | Interest expense [Member]	'	'
Derivative instruments gain (loss) [Line Items]	'	'
Gain (loss) recognized in AOCI	-17	'
Gain (loss) reclassified from AOCI to income	0	'
Additional gain (loss) recognized in income	-1	'
Derivatives not designated as hedges [Member] | Commodities [Member] | Cost of sales [Member]	'	'
Derivative instruments gain (loss) [Line Items]	'	'
Gain (loss) recognized in AOCI	'	0
Gain (loss) reclassified from AOCI to income	'	0
Additional gain (loss) recognized in income	'	-8
Derivatives not designated as hedges [Member] | Embedded derivatives [Member] | Cost of sales [Member]	'	'
Derivative instruments gain (loss) [Line Items]	'	'
Gain (loss) recognized in AOCI	0	0
Gain (loss) reclassified from AOCI to income	0	0
Additional gain (loss) recognized in income	-2	3
Derivatives not designated as hedges [Member] | Foreign currency [Member] | Other income, net [Member]	'	'
Derivative instruments gain (loss) [Line Items]	'	'
Gain (loss) recognized in AOCI	0	0
Gain (loss) reclassified from AOCI to income	0	0
Additional gain (loss) recognized in income	$2	$5

Fair_Value_Measurement_Details

Fair Value Measurement (Details) (Recurring [Member], USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Fair value transfers [Abstract]	'	'
Amount of transfers between Level 1 and Level 2 of the fair value hierarchy	$0	$0
Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	1,404	4
Liabilities at fair value	23	18
Level 1 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	0	0
Liabilities at fair value	21	18
Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	1,404	4
Liabilities at fair value	2	0
Level 3 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	0	0
Liabilities at fair value	0	0
Derivatives: [Member] | Commodities [Member] | Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	1	4
Derivatives: [Member] | Commodities [Member] | Level 1 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	1	4
Derivatives: [Member] | Commodities [Member] | Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	0	0
Derivatives: [Member] | Commodities [Member] | Level 3 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	0	0
Derivatives: [Member] | Embedded derivatives [Member] | Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	2	3
Liabilities at fair value	1	'
Derivatives: [Member] | Embedded derivatives [Member] | Level 1 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	0	0
Liabilities at fair value	0	'
Derivatives: [Member] | Embedded derivatives [Member] | Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	2	3
Liabilities at fair value	1	'
Derivatives: [Member] | Embedded derivatives [Member] | Level 3 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	0	0
Liabilities at fair value	0	'
Derivatives: [Member] | Foreign currency [Member] | Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	'	1
Liabilities at fair value	1	'
Derivatives: [Member] | Foreign currency [Member] | Level 1 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	'	0
Liabilities at fair value	0	'
Derivatives: [Member] | Foreign currency [Member] | Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	'	1
Liabilities at fair value	1	'
Derivatives: [Member] | Foreign currency [Member] | Level 3 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	'	0
Liabilities at fair value	0	'
Non-derivatives: [Member] | Available-for-sale securities [Member] | Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	1,402	'
Non-derivatives: [Member] | Available-for-sale securities [Member] | Level 1 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	0	'
Non-derivatives: [Member] | Available-for-sale securities [Member] | Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	1,402	'
Non-derivatives: [Member] | Available-for-sale securities [Member] | Level 3 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	0	'
Non-derivatives: [Member] | Performance share awards [Member] | Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	20	14
Non-derivatives: [Member] | Performance share awards [Member] | Level 1 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	20	14
Non-derivatives: [Member] | Performance share awards [Member] | Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	0	0
Non-derivatives: [Member] | Performance share awards [Member] | Level 3 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	$0	$0

Fair_Value_Measurement_Carryin

Fair Value Measurement, Carrying value and estimated fair value of non-derivative financial instruments (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Liabilities: [Abstract]	'	'
Short-term debt, carrying value	$58	$58
Non-derivatives: [Member]	'	'
Assets: [Abstract]	'	'
Short-term loans receivable, carrying value	275	'
Liabilities: [Abstract]	'	'
Short-term debt, carrying value	58	58
Long-term debt, carrying value	6,766	5,772
Total liabilities, carrying value	6,824	5,830
Non-derivatives: [Member] | Fair Value [Member]	'	'
Assets: [Abstract]	'	'
Short-term loans receivable, fair value	275	'
Liabilities: [Abstract]	'	'
Short-term debt, fair value	58	55
Long-term debt, fair value	7,506	6,382
Total liabilities, fair value	7,564	6,437
Non-derivatives: [Member] | Level 1 [Member]	'	'
Assets: [Abstract]	'	'
Short-term loans receivable, fair value	0	'
Liabilities: [Abstract]	'	'
Short-term debt, fair value	0	0
Long-term debt, fair value	0	0
Total liabilities, fair value	0	0
Non-derivatives: [Member] | Level 2 [Member]	'	'
Assets: [Abstract]	'	'
Short-term loans receivable, fair value	275	'
Liabilities: [Abstract]	'	'
Short-term debt, fair value	47	44
Long-term debt, fair value	7,497	6,378
Total liabilities, fair value	7,544	6,422
Non-derivatives: [Member] | Level 3 [Member]	'	'
Assets: [Abstract]	'	'
Short-term loans receivable, fair value	0	'
Liabilities: [Abstract]	'	'
Short-term debt, fair value	11	11
Long-term debt, fair value	9	4
Total liabilities, fair value	$20	$15

Pension_and_Other_Postretireme2

Pension and Other Postretirement Benefits (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Contributions by employer [Abstract]	'	'
Company contributions	$23	'
U.S. pension plans [Member]	'	'
Net periodic pension and other postretirement benefit costs: [Abstract]	'	'
Service cost	11	12
Interest cost	22	20
Expected return on plan assets	-39	-34
Settlements (gain) loss	0	0
Prior service cost amortization	0	0
Actuarial and investment (gain) loss amortization	0	6
Net periodic benefit (credits) costs	-6	4
Contributions by employer [Abstract]	'	'
Company contributions	3	'
Non-U.S. pension plans [Member]	'	'
Net periodic pension and other postretirement benefit costs: [Abstract]	'	'
Service cost	8	18
Interest cost	11	10
Expected return on plan assets	-6	-5
Settlements (gain) loss	-1	2
Prior service cost amortization	1	1
Actuarial and investment (gain) loss amortization	1	0
Net periodic benefit (credits) costs	14	26
Contributions by employer [Abstract]	'	'
Company contributions	20	'
U.S. other postretirement benefit plans [Member]	'	'
Net periodic pension and other postretirement benefit costs: [Abstract]	'	'
Service cost	1	1
Interest cost	4	3
Actuarial and investment (gain) loss amortization	2	1
Net periodic benefit (credits) costs	7	5
Non-U.S. other postretirement benefit plans [Member]	'	'
Net periodic pension and other postretirement benefit costs: [Abstract]	'	'
Service cost	0	0
Interest cost	1	1
Actuarial and investment (gain) loss amortization	0	0
Net periodic benefit (credits) costs	$1	$1

Income_Taxes_Details

Income Taxes (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Effective tax rate [Abstract]	'	'
Effective tax rate (in hundredths)	28.90%	28.30%

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)	3 Months Ended				1 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Jun. 30, 2009
			Pending or threatened litigation [Member]	Pending or threatened litigation [Member]	Pending or threatened litigation [Member]
			Affiliates of Access Industries indemnity demand letter [Member]	Affiliates of Access Industries management agreement fee demand letters [Member]	Affiliates of Access Industries management agreement fee demand letters [Member]
					Predecessor [Member]
Environmental remediation [Abstract]	'	'	'	'	'
Total accrued liability for future environmental remediation costs	$116,000,000	$123,000,000	'	'	'
Accrued liability for individual site range	'less than $1 million to $23 million	'	'	'	'
Accrual for environmental loss contingencies [Roll Forward]	'	'	'	'	'
Beginning balance	120,000,000	126,000,000	'	'	'
Amounts paid	-2,000,000	-1,000,000	'	'	'
Foreign exchange effects	0	-2,000,000	'	'	'
Other	-2,000,000	0	'	'	'
Ending balance	116,000,000	123,000,000	'	'	'
Loss contingencies [Line Items]	'	'	'	'	'
Description of parties who issued the demand letters	'	'	'affiliates of Access Industries (collectively, “Access”), a more than five percent shareholder of the Company	'affiliates of Access Industries (collectively, “Access”), a more than five percent shareholder of the Company	'affiliates of Access Industries (collectively, “Access”), a more than five percent shareholder of the Company
Description of indemnity demanded	'	'	'demanding indemnity for losses, including attorney’s fees and expenses, arising out of a pending lawsuit styled Edward S. Weisfelner, as Litigation Trustee of the LB Litigation Trust v. Leonard Blavatnik, et al., Adversary Proceeding No. 09-1375 (REG), in the United States Bankruptcy Court, Southern District of New York.	'	'
Amount of management fees demanded	'	'	'	100,000,000	'
Proof of claim for management fees previously filed in Bankruptcy Court	'	'	'	'	$723,000

Stockholders_Equity_Dividend_d

Stockholders' Equity, Dividend distributions (Details) (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 31, 2014
60 cent dividend [Member]	'
Dividends paid [Line Items]	'
Payment date	17-Mar-14
Dividend per ordinary share (per share)	$0.60
Aggregate dividends paid	$327
Record date	3-Mar-14
Ex-dividend date	27-Feb-14
70 cent dividend [Member]	'
Dividends paid [Line Items]	'
Payment date	12-May-14
Declaration date	16-Apr-14
Dividend per ordinary share (per share)	$0.70
The percent of increase in dividends (in hundredths)	17.00%
Record date	28-Apr-14
Ex-dividend date	24-Apr-14

Stockholders_Equity_Share_repu

Stockholders' Equity, Share repurchase programs (Details) (USD $)	3 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Share repurchase programs [Line Items]	'	'
Cash paid for shares repurchased	$1,201	$0
May 2013 share repurchase program [Member]	'	'
Share repurchase programs [Line Items]	'	'
Announcement date of share repurchase program	'May 2013	'
Percent of outstanding shares authorized to be repurchased under a share repurchase program (in hundredths)	10.00%	'
The date through which shares are authorized for repurchase under a share repurchase program	'2014-05	'
Number of shares repurchased (in shares)	15,000,000	'
Total purchase price of shares repurchased	1,314	'
Average price of shares repurchased (in dollars per share)	$87.29	'
Cash paid for shares repurchased	$1,201	'
April 2014 share repurchase program [Member]	'	'
Share repurchase programs [Line Items]	'	'
Announcement date of share repurchase program	'2014-04-16	'
Percent of outstanding shares authorized to be repurchased under a share repurchase program (in hundredths)	10.00%	'
The period of time share repurchases have been authorized under a share repurchase program	'18 months	'

Stockholders_Equity_Ordinary_s

Stockholders' Equity, Ordinary shares (Details)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
			Ordinary shares [Member]	Ordinary shares [Member]
Ordinary shares outstanding: [Abstract]	'	'	'	'
Beginning balance (in shares)	533,877,601	548,824,138	548,824,138	575,216,709
Share-based compensation (in shares)	'	'	96,605	189,957
Warrants exercised (in shares)	'	'	0	5,816
Employee stock purchase plan (in shares)	'	'	5,674	5,621
Purchase of ordinary shares (in shares)	'	'	-15,048,816	0
Ending balance (in shares)	533,877,601	548,824,138	533,877,601	575,418,103

Stockholders_Equity_Treasury_s

Stockholders' Equity, Treasury shares (Details)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
			Treasury shares [Member]	Treasury shares [Member]
Ordinary shares held as treasury shares: [Abstract]	'	'	'	'
Beginning balance (in shares)	44,554,414	29,607,877	29,607,877	3,206,033
Share-based compensation (in shares)	'	'	-96,605	-189,957
Warrants exercised (in shares)	'	'	0	1,608
Employee stock purchase plan (in shares)	'	'	-5,674	-5,621
Purchase of ordinary shares (in shares)	'	'	15,048,816	0
Ending balance (in shares)	44,554,414	29,607,877	44,554,414	3,012,063

Stockholders_Equity_Components

Stockholders' Equity, Components of accumulated other comprehensive income (loss) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Accumulated other comprehensive income (loss) [Line Items]	'	'
Accumulated other comprehensive income (loss), beginning of period	$96	'
Other comprehensive income (loss) before reclassifications	-1	'
Amounts reclassified from accumulated other comprehensive income (loss)	3	'
Total other comprehensive income (loss)	2	-188
Accumulated other comprehensive income (loss), end of period	98	'
Financial derivatives [Member]	'	'
Accumulated other comprehensive income (loss) [Line Items]	'	'
Accumulated other comprehensive income (loss), beginning of period	0	'
Other comprehensive income (loss) before reclassifications	-13	'
Amounts reclassified from accumulated other comprehensive income (loss)	0	'
Total other comprehensive income (loss)	-13	'
Accumulated other comprehensive income (loss), end of period	-13	'
Defined benefit pension and other postretirement benefit plans [Member]	'	'
Accumulated other comprehensive income (loss) [Line Items]	'	'
Accumulated other comprehensive income (loss), beginning of period	-140	'
Other comprehensive income (loss) before reclassifications	-6	'
Amounts reclassified from accumulated other comprehensive income (loss)	3	'
Total other comprehensive income (loss)	-3	'
Accumulated other comprehensive income (loss), end of period	-143	'
Foreign currency translation adjustments [Member]	'	'
Accumulated other comprehensive income (loss) [Line Items]	'	'
Accumulated other comprehensive income (loss), beginning of period	236	'
Other comprehensive income (loss) before reclassifications	18	'
Amounts reclassified from accumulated other comprehensive income (loss)	0	'
Total other comprehensive income (loss)	18	'
Accumulated other comprehensive income (loss), end of period	$254	'

Stockholders_Equity_Reclassifi

Stockholders' Equity, Reclassification out of accumulated other comprehensive income (loss) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Reclassification adjustment out of accumulated other comprehensive income (loss) [Line Items]	'	'
Prior service cost (benefit)	$1	$1
Actuarial (gain) loss	3	7
Income from continuing operations before income taxes	1,326	1,263
Provision for income taxes	383	357
Income from continuing operations	943	906
Amount reclassified from accumulated other comprehensive income (loss) [Member] | Defined benefit pension and other postretirement plans [Member]	'	'
Reclassification adjustment out of accumulated other comprehensive income (loss) [Line Items]	'	'
Prior service cost (benefit)	1	'
Actuarial (gain) loss	3	'
Income from continuing operations before income taxes	4	'
Provision for income taxes	1	'
Income from continuing operations	$3	'

Per_Share_Data_Details

Per Share Data (Details) (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Earnings per share reconciliation [Abstract]	'	'
Net income (loss)	$944	$900
Less: net income (loss) attributable to non-controlling interests	1	1
Net income attributable to the Company shareholders	945	901
Earnings (loss) per share: [Abstract]	'	'
Basic (in dollars per share)	$1.73	$1.56
Diluted (in dollars per share)	$1.72	$1.55
Earnings per share, basic and diluted, other disclosures [Abstract]	'	'
Dividends declared per share of common stock (in dollars per share)	$0.60	'
Continuing operations [Member]	'	'
Earnings per share reconciliation [Abstract]	'	'
Net income (loss)	943	906
Less: net income (loss) attributable to non-controlling interests	1	1
Net income attributable to the Company shareholders	944	907
Net (income) loss attributable to participating securities	-2	-3
Net income (loss) attributable to ordinary shareholders - Basic	942	904
Net income (loss) attributable to ordinary shareholders - Diluted	942	904
Weighted average number of shares outstanding reconciliation [Abstract]	'	'
Basic weighted average common stock outstanding (in shares)	544	574
Effect of dilutive securities: [Abstract]	'	'
Stock options (in shares)	4	4
Potential dilutive shares (in shares)	548	578
Earnings (loss) per share: [Abstract]	'	'
Basic (in dollars per share)	$1.73	$1.57
Diluted (in dollars per share)	$1.72	$1.56
Earnings per share, basic and diluted, other disclosures [Abstract]	'	'
Participating securities (in shares)	1.7	2.7
Dividends declared per share of common stock (in dollars per share)	$0.60	$0.40
Discontinued operations [Member]	'	'
Earnings per share reconciliation [Abstract]	'	'
Net income (loss)	1	-6
Less: net income (loss) attributable to non-controlling interests	0	0
Net income attributable to the Company shareholders	1	-6
Net (income) loss attributable to participating securities	0	0
Net income (loss) attributable to ordinary shareholders - Basic	1	-6
Net income (loss) attributable to ordinary shareholders - Diluted	$1	($6)
Weighted average number of shares outstanding reconciliation [Abstract]	'	'
Basic weighted average common stock outstanding (in shares)	544	574
Effect of dilutive securities: [Abstract]	'	'
Stock options (in shares)	4	4
Potential dilutive shares (in shares)	548	578
Earnings (loss) per share: [Abstract]	'	'
Basic (in dollars per share)	$0	($0.01)
Diluted (in dollars per share)	$0	($0.01)
Earnings per share, basic and diluted, other disclosures [Abstract]	'	'
Participating securities (in shares)	1.7	2.7
Dividends declared per share of common stock (in dollars per share)	$0	$0

Segment_and_Related_Informatio2

Segment and Related Information (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	$11,135	$10,669
EBITDA	1,668	1,585
O&P - Americas [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	2,378	2,300
EBITDA	736	898
O&P - EAI [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	3,707	3,735
EBITDA	356	225
Additional benefits (charges) recognized in various segments [Abstract]	'	'
Settlement of certain existing and future environmental liabilities under a 2005 indemnification agreement	52	'
I&D [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	2,405	2,239
EBITDA	375	373
Refining [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	2,537	2,290
EBITDA	129	20
Technology [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	108	105
EBITDA	76	66
Operating segments [Member] | O&P - Americas [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	3,357	3,244
Operating segments [Member] | O&P - EAI [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	3,778	3,800
Operating segments [Member] | I&D [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	2,429	2,282
Operating segments [Member] | Refining [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	2,756	2,468
Operating segments [Member] | Technology [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	136	134
Intersegment eliminations [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	-1,321	-1,259
Intersegment eliminations [Member] | O&P - Americas [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	-979	-944
Intersegment eliminations [Member] | O&P - EAI [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	-71	-65
Intersegment eliminations [Member] | I&D [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	-24	-43
Intersegment eliminations [Member] | Refining [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	-219	-178
Intersegment eliminations [Member] | Technology [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	-28	-29
Other [Member]	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'
Sales and other operating revenues	0	0
EBITDA	($4)	$3

Segment_and_Related_Informatio3

Segment and Related Information, Reconciliation of EBITDA to income (loss) from continuing operations before income taxes (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
EBITDA: [Abstract]	'	'
Total segment EBITDA	$1,672	$1,582
Other EBITDA	-4	3
Less: [Abstract]	'	'
Depreciation and amortization expense	-256	-253
Interest expense	-92	-71
Add: [Abstract]	'	'
Interest income	6	2
Income from continuing operations before income taxes	$1,326	$1,263