LyondellBasell Industries (LYB) 10-Q24 Oct 142014 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2014	Oct. 22, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Document period end date	30-Sep-14	'
Amendment flag	'false	'
Document Period Focus	'Q3	'
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	'	500,667,961

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended		9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Sales and other operating revenues:	'	'	'	'
Trade	$11,784	$10,871	$34,626	$32,115
Related parties	282	281	692	809
Sales revenue net	12,066	11,152	35,318	32,924
Operating costs and expenses:	'	'	'	'
Cost of sales	10,118	9,690	29,950	28,339
Selling, general and administrative expenses	211	220	612	641
Research and development expenses	31	35	97	106
Costs and expenses	10,360	9,945	30,659	29,086
Operating income	1,706	1,207	4,659	3,838
Interest expense	-92	-81	-280	-222
Interest income	13	5	26	12
Other income (expense), net	3	1	20	-2
Income from continuing operations before equity investments and income taxes	1,630	1,132	4,425	3,626
Income from equity investments	64	61	193	163
Income from continuing operations before income taxes	1,694	1,193	4,618	3,789
Provision for income taxes	434	339	1,242	1,106
Income from continuing operations	1,260	854	3,376	2,683
Income (loss) from discontinued operations, net of tax	-3	-3	1	-5
Net income	1,257	851	3,377	2,678
Net loss attributable to non-controlling interests	1	2	4	5
Net income attributable to the Company shareholders	$1,258	$853	$3,381	$2,683
Net income (loss) attributable to the Company shareholders - Basic:	'	'	'	'
Continuing operations (in dollars per share)	$2.47	$1.52	$6.41	$4.70
Discontinued operations (in dollars per share)	($0.01)	($0.01)	$0	($0.01)
Basic (in dollars per share)	$2.46	$1.51	$6.41	$4.69
Net income (loss) attributable to the Company shareholders - Diluted:	'	'	'	'
Continuing operations (in dollars per share)	$2.46	$1.51	$6.38	$4.67
Discontinued operations (in dollars per share)	($0.01)	($0.01)	$0	($0.01)
Diluted (in dollars per share)	$2.45	$1.50	$6.38	$4.66

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Consolidated Statements of Comprehensive Income [Abstract]	'	'	'	'
Net income	$1,257	$851	$3,377	$2,678
Financial derivatives:	'	'	'	'
Loss on forward interest rate swaps	0	0	-17	0
Income tax benefit	0	0	-4	0
Financial derivatives, net of tax	0	0	-13	0
Unrealized gains on available-for-sale securities:	'	'	'	'
Unrealized holding gains arising during the period	0	0	1	0
Unrealized gains on available-for-sale securities, net of tax	0	0	1	0
Defined pension and other postretirement benefit plans:	'	'	'	'
Prior service cost arising during the period	0	0	0	-2
Reclassification adjustment for amortization of prior service cost included in net income	1	1	3	3
Net actuarial loss arising during the period	0	0	-16	0
Reclassification adjustment for net actuarial loss included in net income	1	7	6	21
Defined pension and other postretirement benefit plans, before tax	2	8	-7	22
Income tax expense (benefit)	1	2	-7	8
Defined pension and other postretirement benefit plans, net of tax	1	6	0	14
Foreign currency translations adjustment:	'	'	'	'
Unrealized net change arising during the period	-554	198	-594	94
Income tax benefit	0	-2	0	-4
Foreign currency translations, net of tax	-554	200	-594	98
Total other comprehensive income (loss)	-553	206	-606	112
Comprehensive income	704	1,057	2,771	2,790
Comprehensive loss attributable to non-controlling interests	1	2	4	5
Comprehensive income attributable to the Company shareholders	$705	$1,059	$2,775	$2,795

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$1,185	$4,450
Restricted cash	0	10
Short-term investments	1,544	0
Accounts receivable:	'	'
Trade, net	3,898	3,828
Related parties	207	202
Inventories	5,359	5,279
Prepaid expenses and other current assets	739	830
Total current assets	12,932	14,599
Property, plant and equipment at cost	11,784	11,151
Less: Accumulated depreciation	-3,184	-2,694
Property, plant and equipment, net	8,600	8,457
Investments and long-term receivables:	'	'
Investment in PO joint ventures	397	421
Equity investments	1,690	1,629
Other investments and long-term receivables	54	64
Goodwill	576	605
Intangible assets, net	799	904
Other assets	583	619
Total assets	25,631	27,298
Current liabilities:	'	'
Current maturities of long-term debt	2	1
Short-term debt	56	58
Accounts payable:	'	'
Trade	2,611	2,822
Related parties	820	750
Accrued liabilities	1,460	1,299
Deferred income taxes	685	580
Total current liabilities	5,634	5,510
Long-term debt	6,753	5,776
Other liabilities	1,795	1,839
Deferred income taxes	1,574	1,659
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Ordinary shares, EUR0.04 par value, 1,275 million shares authorized, 504,006,085 and 548,824,138 shares outstanding, respectively	31	31
Additional paid-in capital	10,385	10,382
Retained earnings	6,330	4,004
Accumulated other comprehensive income (loss)	-510	96
Treasury stock, at cost, 74,426,948 and 29,607,877 ordinary shares, respectively	-6,393	-2,035
Total Company share of stockholders' equity	9,843	12,478
Non-controlling interests	32	36
Total equity	9,875	12,514
Total liabilities and equity	$25,631	$27,298

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parentheticals) (EUR €)	Sep. 30, 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)	504,006,085	548,824,138
Treasury stock, shares (in shares)	74,426,948	29,607,877

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:	'	'
Net income	$3,377	$2,678
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	772	769
Amortization of debt-related costs	16	16
Inventory valuation adjustment	45	0
Equity investments -	'	'
Equity income	-193	-163
Distributions of earnings	66	135
Deferred income taxes	152	172
Changes in assets and liabilities that provided (used) cash:	'	'
Accounts receivable	-240	-106
Inventories	-274	-282
Accounts payable	-17	16
Prepaid expenses and other current assets	171	-179
Other, net	157	105
Net cash provided by operating activities	4,032	3,161
Cash flows from investing activities:	'	'
Purchases of securities and other investments	-2,804	0
Proceeds from sales and maturities of securities and other investments	999	0
Expenditures for property, plant and equipment	-1,096	-1,201
Restricted cash	10	2
Other, net	-4	-36
Net cash used in investing activities	-2,895	-1,235
Cash flows from financing activities:	'	'
Repurchases of Company ordinary shares	-4,347	-1,251
Dividends paid	-1,055	-517
Issuance of long-term debt	992	1,471
Payments of debt issuance costs	-18	-23
Other, net	40	30
Net cash used in financing activities	-4,388	-290
Effect of exchange rate changes on cash	-14	46
Increase (decrease) in cash and cash equivalents	-3,265	1,682
Cash and cash equivalents at beginning of period	4,450	2,732
Cash and cash equivalents at end of period	$1,185	$4,414

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 (Loss)	Company Share of Stockholders' Equity	Non-Controlling Interests
In Millions	Total	Ordinary Shares	Treasury Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Company Share of Stockholders' Equity	Non-Controlling Interests
Beginning balance at Dec. 31, 2013	$12,514	$31	($2,035)	$10,382	$4,004	$96	$12,478	$36
Net income (loss)	3,377	0	0	0	3,381	0	3,381	-4
Other comprehensive loss	-606	0	0	0	0	-606	-606	0
Share-based compensation	'	0	49	3	0	0	52	0
Dividends ($2.00 per share)	'	0	0	0	-1,055	0	-1,055	0
Repurchases of Company ordinary shares	-4,407	0	-4,407	0	0	0	-4,407	0
Ending balance at Sep. 30, 2014	$9,875	$31	($6,393)	$10,385	$6,330	($510)	$9,843	$32

Consolidated_Statement_of_Stoc1

Consolidated Statement of Stockholders' Equity (Parentheticals) (USD $)	9 Months Ended
	Sep. 30, 2014
Consolidated Statement of Stockholders' Equity [Abstract]	'
Dividends per share (in dollars per share)	$2

Basis_of_Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Sep. 30, 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	9 Months Ended
Accounting and Reporting Changes	Sep. 30, 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 the presentation of our Consolidated Financial Statements.
	Accounting Guidance Issued But Not Adopted as of September 30, 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.
	Revenue Recognition—In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which supersedes the current revenue recognition requirements in ASC 606, Revenue Recognition. Under this new guidance, entities should recognize revenues to depict the transfer of promised goods or services to customers in an amount that reflects the consideration the entity expects to receive in exchange for those goods or services. This ASU also requires enhanced disclosures. The amendments in this ASU are effective for annual and interim periods beginning after December 15, 2016. Retrospective and modified retrospective application is allowed. We are currently assessing the impact of this amendment on our Consolidated Financial Statements.
	Repurchase Agreements—In June 2014, the FASB issued ASU 2014-11, Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosure, which changes the accounting for repurchase-to-maturity transactions and other similar transactions. The amendments in this ASU require repurchase-to-maturity transactions to be accounted for as secured borrowings rather than as sales with forward repurchase commitments. In addition, this ASU requires new and expanded disclosures about repurchase agreements and other similar transactions. The amendments in this update are effective for interim and annual periods beginning after December 15, 2014. The application of this amendment is not expected to have a material impact on our Consolidated Financial Statements.
	Compensation—In June 2014, the FASB issued ASU 2014-12, Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. Under this new guidance, entities are required to treat performance targets that affect vesting and could be achieved after the requisite service period as a performance condition. The amendments in this ASU will be effective for annual and interim periods beginning after December 15, 2015. Early adoption is permitted. The application of this amendment is not expected to have a material impact on our Consolidated Financial Statements.

Discontinued_Operations

Discontinued Operations	9 Months Ended
Discontinued Operations	Sep. 30, 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				Nine Months Ended
					September 30,				September 30,
	Millions of dollars				2014		2013		2014		2013

	Sales and other operating revenues				$	0	$	1	$	1	$	9

	Income (loss) from discontinued operations
		before income taxes			$	-4	$	-3	$	3	$	-5
	Provision for (benefit from) income taxes					-1		0		2		0
	Income (loss) from discontinued operations,
		net of tax			$	-3	$	-3	$	1	$	-5


	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:

			Nine Months Ended
			September 30,
	Millions of dollars		2014		2013
	Beginning balance		$	42	$	59
	Accretion expense			1		3
	Cash payments			-10		-16
	Adjustment for change in estimates			0		-5
	Effect of exchange rate changes			-4		2
	Ending balance		$	29	$	43


	There are no significant assets or liabilities related to the Berre refinery other than those discussed above.

Accounts_Receivable

Accounts Receivable	9 Months Ended
Accounts Receivable	Sep. 30, 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 $32 million and $43 million at September 30, 2014 and December 31, 2013, respectively.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2014
Inventories [Abstract]	'
Inventories [Text Block]	'
	5. Inventories
	Inventories consisted of the following components:

			September 30,		December 31,
	Millions of dollars		2014		2013
	Finished goods		$	3,283	$	3,297
	Work-in-process			349		253
	Raw materials and supplies			1,727		1,729
		Total inventories	$	5,359	$	5,279

Debt

Debt	9 Months Ended
	Sep. 30, 2014
Debt [Abstract]	'
Debt [Text Block]	'
	6. Debt
	Long-term loans, notes and other long-term debt consisted of the following:

			September 30,			December 31,
	Millions of dollars		2014			2013
	Senior Notes due 2019, $2,000 million, 5.0%		$	1,987		$	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			11			9
		Total		6,755			5,777
	Less current maturities			-2			-1
		Long-term debt	$	6,753		$	5,776


	At September 30, 2014, our 5% Senior Notes due 2019 include a $13 million adjustment related to our fixed-for-floating interest rate swaps, which is recognized in Interest expense in the Consolidated Statements of Income for the three and nine month periods ended September 30, 2014.
	Short-term loans, notes, and other short-term debt consisted of the following:

				September 30,			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				6			9
	Precious metals financings				49			48
	Other				1			1
		Total short-term debt		$	56		$	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
	Commercial Paper Program―In October 2014, we entered into a commercial paper program under which we may issue up to $2,000 million of privately placed, unsecured, short-term promissory notes (“commercial paper”). This program is backed by our $2,000 million Senior Revolving Credit Facility. Proceeds from the issuance of commercial paper may be used for general corporate purposes, including dividends and share repurchases.
	Senior Revolving Credit Facility―In June 2014, we amended and restated our revolving credit facility to, among other things, reduce undrawn pricing and extend the term of the facility to June 2019. This facility, which may be used for dollar and euro denominated borrowings, has a $700 million sublimit for dollar and euro denominated letters of credit and supports our commercial paper program. The aggregate balance of outstanding borrowings and letters of credit under this facility may not exceed $2,000 million at any given time. Borrowings under the facility bear interest at a Base Rate or LIBOR, plus an applicable margin. Additional fees are incurred for the average daily unused commitments. At September 30, 2014, there were no borrowings or letters of credit outstanding under this facility.
	The facility contains customary covenants and warranties, including specified restrictions on indebtedness and liens. In addition, we are required to maintain a leverage ratio at the end of every quarter of 3.50 to 1.00 or less for the period covering the most recent four quarters. We are in compliance with these covenants as of September 30, 2014.
	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 September 30, 2014, availability under this facility was $1,000 million, as there were no borrowings or letters of credit outstanding under the facility.
	At September 30, 2014 and 2013, our weighted average interest rates on outstanding short-term debt were 0.6% and 1.1%, respectively.
	Debt Discount and Issuance Costs―Amortization of debt discounts and debt issuance costs in each of the nine months ended September 30, 2014 and 2013 resulted in amortization expense of $16 million, which is included in Interest expense in the Consolidated Statements of Income.

Financial_Instruments

Financial Instruments	9 Months Ended
Financial Instruments	Sep. 30, 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 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 September 30, 2014 and December 31, 2013, we had marketable securities classified as Cash and cash equivalents of $786 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―In 2014, we 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 and 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. The balance of our investment at September 30, 2014 was $200 million.
	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 September 30, 2014, foreign currency forward contracts in the notional amount of $543 million, maturing in October 2014 through June 2015, 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 (expense), net, in the Consolidated Statements of Income reflected losses of $1 million and less than $1 million for the three and nine months ended September 30, 2014, and a gain of $1 million and a loss of $3 million for the three and nine months ended September 30, 2013, respectively.
	Cross-Currency Swaps—In October 2014, to reduce our exposure to foreign currency exchange risk associated with certain intercompany loans, we entered into cross-currency swap contracts with an aggregate notional value of $2,000 million. Under the terms of these contracts, which have been designated as cash flow hedges, we will make interest payments in euros and receive interest in U.S. dollars. Upon the maturities of these contracts, we will pay euros and receive U.S. dollars from our counterparties.
	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 September 30, 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.
	Fixed-for-Floating Interest Rate Swaps—During the third quarter of 2014, we entered into fixed-for-floating interest rate swaps with third party financial institutions to mitigate changes in the fair value of our $2,000 million 5% senior notes due 2019 associated with the risk of variability in the 3 Month USD LIBOR rate (the benchmark interest rate). These interest rate swaps are used as part of our current interest rate risk management strategy to achieve a desired proportion of variable versus fixed rate debt.
	Under these arrangements, we exchange fixed for floating rate interest payments to effectively convert our fixed rate debt to floating rate debt. The fixed and variable cash payments related to the interest rate swaps are net settled semi-annually and classified as Other, net, in the Cash flows from operating activities section of the Consolidated Statements of Cash Flows.
	In accordance with ASC 815, we have elected to designate these fixed-for-floating interest rate swaps as fair value hedges. Accordingly, changes in the fair value of the derivatives and the hedged instrument are recorded as Interest expense in our Consolidated Statements of Income. We evaluate the effectiveness of the hedging relationship periodically and calculate the changes in the fair value of the derivatives and the underlying hedged items separately. In each of the three and nine months ended September 30, 2014, we recognized a net gain of $6 million, related to the ineffectiveness of our hedging relationships.
	At September 30, 2014, we had outstanding interest rate swap agreements with notional amounts of $2,000 million, maturing in April 15, 2019.
	Available-for-Sale Securities―The following table summarizes the amortized cost, gross unrealized gains and losses, and fair value of available-for-sale securities measured on a recurring basis that are outstanding as of September 30, 2014. Refer to Note 8 for additional information regarding the fair value of available-for-sale securities.
							September 30, 2014
										Gross			Gross
										Unrealized			Unrealized			Fair
	Millions of dollars						Cost			Gains			Losses			Value
	Commercial paper						$	1,141		$	1		$	0		$	1,142
	Bonds							239			0			0			239
	Certificates of deposit							163			0			0			163
		Total available-for-sale securities					$	1,543		$	1		$	0		$	1,544


	As of September 30, 2014, the commercial paper securities held by the Company had maturities between less than one and twelve months, bonds had maturities between one and twenty-two months and certificates of deposit mature within two and sixteen 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 September 30, 2014 were $167 million and less than $1 million, respectively.
	We received gross proceeds of $652 million and $924 million related to the maturity of certain available-for-sale securities during the three and nine months ended September 30, 2014. None of our available-for-sale securities were sold during the three and nine months ended September 30, 2014 and accordingly, no realized gains or realized losses related to the sale of these securities were 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 and nine months ended September 30, 2014.
	Financial Instruments―The following table summarizes derivative and non-derivative financial instruments outstanding as of September 30, 2014 and December 31, 2013 that are measured at fair value on a recurring basis. Refer to Note 8 for additional information regarding the fair value of derivative and non-derivative financial instruments.

								September 30, 2014						31-Dec-13
						Balance Sheet		Notional			Fair			Notional			Fair
	Millions of dollars					Classification		Amount			Value			Amount			Value
	Assets–
		Derivatives not designated as hedges:
			Commodities			Prepaid expenses		$	0		$	4		$	0		$	0
						and other
						current assets
			Embedded derivatives			Prepaid expenses			38			6			47			3
						and other
						current assets
			Foreign currency			Prepaid expenses			136			2			155			1
						and other
						current assets

		Non-derivatives:
			Available-for sale			Short-term			1,542			1,544			0			0
				securities		investments
								$	1,716		$	1,556		$	202		$	4
	Liabilities–
		Derivatives designated as fair value hedges:
			Fixed-for-floating			Other liabilities		$	2,000		$	3		$	0		$	0
				interest rate swaps

		Derivatives not designated as hedges:
			Commodities			Accrued liabilities			4			0			646			4
			Embedded derivatives			Accrued liabilities			10			0			0			0
			Foreign currency			Accrued liabilities			407			4			17			0

	Non-derivatives:
		Performance share			Accrued liabilities			19			19			0			0
			awards
		Performance share			Other liabilities			16			16			14			14
			awards
							$	2,456		$	42		$	677		$	18


The following table summarizes the pretax effect of derivative instruments charged directly to income.
				Effect of Financial Instruments
				Three Months Ended September 30, 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 fair value hedges:
	Fixed-for-floating interest rate swaps			$	0		$	0		$	-3		Interest expense
Derivatives not designated as hedges:
	Commodities				0			0			-3		Cost of sales
	Embedded derivatives				0			0			6		Cost of sales
	Foreign currency				0			0			-42		Other income
													(expense), net
				$	0		$	0		$	-42


				Three Months Ended September 30, 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		$	-2		Cost of sales
	Embedded derivatives				0			0			-5		Cost of sales
	Foreign currency				0			0			20		Other income
													(expense), net
				$	0		$	0		$	13


				Effect of Financial Instruments
				Nine Months Ended September 30, 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-starting interest rate swaps			$	-17		$	0		$	-1		Interest expense
Derivatives designated as fair value hedges:
	Fixed-for-floating interest rate swaps				0			0			-3		Interest expense
Derivatives not designated as hedges:
	Commodities				0			0			4		Cost of sales
	Embedded derivatives				0			0			1		Cost of sales
	Foreign currency				0			0			-37		Other income
													(expense), net
				$	-17		$	0		$	-36


				Nine Months Ended September 30, 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		$	-10		Cost of sales
	Embedded derivatives				0			0			22		Cost of sales
	Foreign currency				0			0			5		Other income
													(expense), net
				$	0		$	0		$	17


For the three and nine months ended September 30, 2014, the pretax effect of additional gain (loss) recognized in income for the fixed-for-floating interest rate swaps includes the net value for accrued interest of $4 million.

Fair_Value_Measurement

Fair Value Measurement	9 Months Ended
Fair Value Measurement	Sep. 30, 2014
Fair Value Measurement [Abstract]	'
Fair Value Measurement [Text Block]	'
	8. Fair Value Measurement

	The following table presents the financial instruments outstanding as of September 30, 2014 and December 31, 2013 that are measured at fair value on a recurring basis.

						September 30, 2014
						Fair
	Millions of dollars					Value			Level 1			Level 2			Level 3
	Assets–
			Derivatives:
				Commodities		$	4		$	4		$	0		$	0
				Embedded derivatives			6			0			6			0
				Foreign currency			2			0			2			0
			Non-derivatives:
				Available-for-sale securities			1,544			0			1,544			0
						$	1,556		$	4		$	1,552		$	0
	Liabilities–
			Derivatives:
				Fixed-for-floating interest rate swaps		$	3		$	0		$	3		$	0
				Foreign currency			4			0			4			0
			Non-derivatives:
				Performance share awards			35			35			0			0
						$	42		$	35		$	7		$	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 nine months ended September 30, 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 September 30, 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.

						September 30, 2014
						Carrying			Fair
	Millions of dollars					Value			Value			Level 1			Level 2			Level 3
	Non-derivatives:
		Assets:
			Short-term loans receivable			$	200		$	200		$	0		$	200		$	0

		Liabilities:
			Short-term debt			$	56		$	51		$	0		$	44		$	7
			Long-term debt				6,749			7,534			0			7,529			5
				Total		$	6,805		$	7,585		$	0		$	7,573		$	12


						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 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 is 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.

Fixed-for-Floating Interest Rate Swaps—The fair value of our fixed-for-floating interest rate swap is calculated using the present value of future cash flows method and is based on observable inputs such as interest rates and market yield curves.

Available-for-Sale Securities—Fair value is calculated using observable market data for similar securities and broker quotes from recognized purveyors of market data.

Performance Share Awards—Fair value is determined using the quoted market price of our stock.

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	9 Months Ended
Pension and Other Postretirement Benefits	Sep. 30, 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:

			U.S. Plans
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
	Millions of dollars		2014		2013		2014		2013
	Service cost		$	10	$	10	$	32	$	32
	Interest cost			22		20		66		60
	Expected return on plan assets			-38		-33		-116		-99
	Actuarial and investment loss amortization			- -		7		- -		20
		Net periodic benefit (credits) costs	$	-6	$	4	$	-18	$	13


			Non-U.S. Plans
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
	Millions of dollars		2014		2013		2014		2013
	Service cost		$	7	$	8	$	22	$	33
	Interest cost			12		10		35		31
	Expected return on plan assets			-6		-5		-19		-16
	Settlements (gain) loss			- -		- -		-1		2
	Curtailment gain			- -		-1		- -		-1
	Prior service cost amortization			1		1		3		3
	Actuarial and investment loss amortization			1		- -		3		- -
		Net periodic benefit costs	$	15	$	13	$	43	$	52


	Net periodic other postretirement benefits included the following cost components for the periods presented:

			U.S. Plans
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
	Millions of dollars		2014		2013		2014		2013
	Service cost		$	1	$	2	$	3	$	4
	Interest cost			4		3		11		9
	Actuarial loss amortization			- -		- -		2		1
		Net periodic benefit costs	$	5	$	5	$	16	$	14


			Non-U.S. Plans
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
	Millions of dollars		2014		2013		2014		2013
	Service cost		$	- -	$	1	$	- -	$	1
	Interest cost			- -		- -		1		1
	Actuarial loss amortization			- -		- -		1		- -
		Net periodic benefit costs	$	- -	$	1	$	2	$	2


	The Company contributed $64 million to its pension plans during the nine months ended September 30, 2014, which consisted of $8 million and $56 million to its U.S. and non-U.S. pension plans, respectively. We have revised our expected annual contributions for our U.S. pension plans in 2014 to $8 million.

Income_Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2014
Income Taxes [Abstract]	'
Income Taxes [Text Block]	'
	10. Income Taxes
	Our effective income tax rate for the third quarter of 2014 was 25.6% compared with 28.4% for the third quarter of 2013. For the first nine months of 2014, the effective income tax rate was 26.9% compared with 29.2% for the first nine months 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 associated with uncertain tax positions.
	Compared with the third quarter of 2013, the effective tax rate for the third quarter of 2014 was lower primarily due to foreign exchange losses, changes in valuation allowances, and internal financing, partially offset by changes in return to accrual adjustments and unrecognized tax benefits associated with uncertain tax positions. Compared with the first nine months of 2013, the effective tax rate for the first nine months of 2014 was lower primarily due to foreign exchange losses, increases in non-taxable income, and internal financing, partially offset by changes in return to accrual adjustments and unrecognized tax benefits associated with uncertain tax positions.
	We monitor income tax legislative developments in countries where we are tax residents. 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 although new or proposed changes to tax laws could affect our tax liabilities in the future.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 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 $105 million and $120 million as of September 30, 2014 and December 31, 2013, respectively. At September 30, 2014, the accrued liabilities for individual sites range from less than $1 million to $20 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:”

		Nine Months Ended
		September 30,
	Millions of dollars	2014		2013
	Beginning balance	$	120	$	126
	Amounts paid		-5		-5
	Foreign exchange effects		-7		2
	Other		-3		0
	Ending balance	$	105	$	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. (“Weisfelner”), 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 September 30, 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	9 Months Ended
Stockholders' Equity	Sep. 30, 2014
Stockholders' Equity [Abstract]	'
Stockholders' Equity [Text Block]	'
	12. Stockholders' Equity
	Dividend distribution―The following table summarizes the dividends paid in the periods presented:

		Dividend Per			Aggregate
		Ordinary			Dividends
	Millions of dollars, except per share amounts	Share			Paid			Date of Record
	March	$	0.6		$	327		3-Mar-14
	May		0.7			370		28-Apr-14
	September		0.7			358		25-Aug-14
		$	2		$	1,055


	Share Repurchase Programs—During the second quarter of 2014, we completed the repurchase of shares authorized under our share repurchase program announced in May 2013 (“May 2013 Share Repurchase Program”), under which we could repurchase up to 10% of our outstanding ordinary shares. In April 2014, our shareholders approved a proposal to authorize us to repurchase up to an additional 10% of our outstanding ordinary shares through October 2015 (“April 2014 Share Repurchase Program”). 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.
	The following table summarizes our share repurchase activity for the periods presented:
			Nine Months Ended September 30, 2014
						Average			Total Purchase
			Shares			Purchase			Price, Including
	Millions of dollars, except shares and per share amounts		Repurchased			Price			Commissions
	May 2013 Share Repurchase Program			30,225,236		$	90.31		$	2,730
	April 2014 Share Repurchase Program			15,866,941			105.71			1,677
				46,092,177		$	95.61		$	4,407


	Due to the timing of settlements, total cash paid for share repurchases under the April 2014 Share Repurchase Program was $1,617 million.
	Ordinary Shares—The changes in the outstanding amounts of ordinary shares are as follows:
				Nine Months Ended
				September 30,
				2014		2013
	Ordinary shares outstanding:
		Beginning balance		548,824,138		575,216,709
		Share-based compensation		1,255,317		691,183
		Warrants exercised		1,018		7,666
		Employee stock purchase plan		17,789		19,952
		Purchase of ordinary shares		-46,092,177		-18,896,101
		Ending balance		504,006,085		557,039,409


	Treasury Shares—The changes in the amounts of treasury shares held by the Company are as follows:
				Nine Months Ended
				September 30,
				2014		2013
	Ordinary shares held as treasury shares:
		Beginning balance		29,607,877		3,206,033
		Share-based compensation		-1,255,317		-691,183
		Warrants exercised		0		1,608
		Employee stock purchase plan		-17,789		-19,952
		Purchase of ordinary shares		46,092,177		18,896,101
		Ending balance		74,426,948		21,392,607


	Accumulated Other Comprehensive Income (Loss)—The components of, and after-tax changes in, Accumulated other comprehensive income (loss) as of and for the nine months ended September 30, 2014 and 2013 are presented in the following table:
											Defined
								Net Unrealized			Pension			Foreign
								Holding Gains			and Other			Currency
					Financial			on Investments			Postretirement			Translation
	Millions of dollars				Derivatives			Net of Tax			Benefit Plans			Adjustments			Total
	Balance – January 1, 2014				$	0		$	0		$	-140		$	236		$	96
	Other comprehensive
		income (loss) before
		reclassifications				-13			1			-7			-594			-613
	Amounts reclassified from
		accumulated other
		comprehensive income				0			0			7			0			7
Net other comprehensive
	income (loss)				-13			1			0			-594			-606
Balance – September 30, 2014				$	-13		$	1		$	-140		$	-358		$	-510

Balance – January 1, 2013				$	0		$	0		$	-422		$	11		$	-411
Other comprehensive
	income (loss) before
	reclassifications				0			0			-2			98			96
Amounts reclassified from
	accumulated other
	comprehensive loss				0			0			16			0			16
Net other comprehensive
	income				0			0			14			98			112
Balance – September 30, 2013				$	0		$	0		$	-408		$	109		$	-299



The amounts reclassified out of each component of Accumulated other comprehensive income (loss) are as follows:
						Three Months Ended						Nine Months Ended						Affected line item on
						September 30,						September 30,						the Consolidated
Millions of dollars						2014			2013			2014			2013			Statements of Income
Reclassification adjustments for:
	Defined pension and other
		postretirement benefit plan
		items:
		Amortization of:
			Prior service cost			$	1		$	1		$	3		$	3
			Actuarial loss				1			7			6			21
Reclassifications, before tax							2			8			9			24
Income tax expense							1			2			2			8		Provision for income taxes
Amounts reclassified out of
	Accumulated other
	comprehensive income (loss)					$	1		$	6		$	7		$	16


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	9 Months Ended
Per Share Data	Sep. 30, 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 September 30,
					2014				2013
					Continuing		Discontinued		Continuing		Discontinued
	Millions of dollars				Operations		Operations		Operations		Operations
	Net income (loss)				$	1,260	$	-3	$	854	$	-3
	Less: net loss attributable to
		non-controlling interests				1		0		2		0
	Net income (loss) attributable to the
		Company shareholders				1,261		-3		856		-3
	Net income attributable to
		participating securities				-4		0		-2		0
	Net income (loss) attributable to
		ordinary shareholders –
		basic and diluted			$	1,257	$	-3	$	854	$	-3

	Millions of shares, except per share amounts
	Basic weighted average common stock
		outstanding				509		509		563		563
			Effect of dilutive securities:
				Stock options		3		3		4		4
	Potential dilutive shares					512		512		567		567

	Earnings (loss) per share:
			Basic		$	2.47	$	-0.01	$	1.52	$	-0.01
			Diluted		$	2.46	$	-0.01	$	1.51	$	-0.01

	Participating securities					1.5		1.5		1.7		1.7
	Dividends declared per share of
		common stock			$	0.7	$	0	$	0.5	$	0
					Nine Months Ended September 30,
					2014				2013
					Continuing		Discontinued		Continuing		Discontinued
	Millions of dollars				Operations		Operations		Operations		Operations
	Net income (loss)				$	3,376	$	1	$	2,683	$	-5
	Less: net loss attributable to
		non-controlling interests				4		0		5		0
	Net income (loss) attributable to the
		Company shareholders				3,380		1		2,688		-5
	Net income attributable to
		participating securities				-10		0		-8		0
	Net income (loss) attributable to
		ordinary shareholders –
		basic and diluted			$	3,370	$	1	$	2,680	$	-5

	Millions of shares, except per share amounts
	Basic weighted average common stock
		outstanding				526		526		571		571
			Effect of dilutive securities:
				Stock options		3		3		4		4
	Potential dilutive shares					529		529		575		575
	Earnings (loss) per share:
			Basic		$	6.41	$	0	$	4.7	$	-0.01
			Diluted		$	6.38	$	0	$	4.67	$	-0.01

	Participating securities					1.5		1.5		1.7		1.7
	Dividends declared per share of
		common stock			$	2	$	0	$	1.4	$	0

Segment_and_Related_Informatio

Segment and Related Information	9 Months Ended
Segment and Related Information	Sep. 30, 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. Intersegment 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 September 30, 2014
				O&P–			O&P–
	Millions of dollars			Americas			EAI			I&D			Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	2,585		$	3,857		$	2,652		$	2,894	$	78	$	0	$	12,066
			Intersegment		1,165			138			39			252		29		-1,623		0
					3,750			3,995			2,691			3,146		107		-1,623		12,066

	EBITDA				1,157			343			383			110		41		1		2,035


				Three Months Ended September 30, 2013
				O&P–			O&P–
	Millions of dollars			Americas			EAI			I&D			Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	2,271		$	3,532		$	2,423		$	2,835	$	91	$	0	$	11,152
			Intersegment		1,044			62			29			342		33		-1,510		0
					3,315			3,594			2,452			3,177		124		-1,510		11,152

	EBITDA				841			204			427			8		52		-1		1,531


				Nine Months Ended September 30, 2014
				O&P –			O&P –
	Millions of dollars			Americas			EAI			I&D			Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	7,233		$	11,579		$	7,732		$	8,475	$	299	$	0	$	35,318
			Intersegment		3,336			263			94			677		88		-4,458		0
					10,569			11,842			7,826			9,152		387		-4,458		35,318

	EBITDA				2,871			1,018			1,188			376		188		3		5,644


				Nine Months Ended September 30, 2013
				O&P –			O&P –
	Millions of dollars			Americas			EAI			I&D			Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	6,890		$	10,943		$	6,836		$	7,953	$	302	$	0	$	32,924
			Intersegment		2,920			159			115			769		88		-4,051		0
					9,810			11,102			6,951			8,722		390		-4,051		32,924

	EBITDA				2,690			724			1,138			48		177		-9		4,768


	Operating results for the O&P–Americas segment include a charge of $45 million related to a lower of cost or market inventory valuation adjustment in the third quarter and first nine months of 2014 driven by a decline in feedstock prices. The O&P–EAI segment operating results for the nine months ended September 30, 2014 include a $52 million benefit from a settlement under a 2005 indemnification agreement for certain existing and future environmental liabilities.
	Our Refining segment's operating results for the third quarter and first nine months of 2013 included benefits totaling $10 million related to the resolution of property tax assessments for the three year period beginning 2011. Operating results for the Refining segment in the third quarter and first nine months of 2013 also included benefits of $5 million and $10 million, respectively, for recoveries and a settlement associated with a former employee who pled guilty to fraud in 2010.
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 September 30,						Nine Months Ended September 30,
Millions of dollars		2014			2013			2014			2013
EBITDA:
	Total segment EBITDA	$	2,034		$	1,532		$	5,641		$	4,777
	Other EBITDA		1			-1			3			-9
Less:
	Depreciation and amortization expense		-262			-262			-772			-769
	Interest expense		-92			-81			-280			-222
Add:
	Interest income		13			5			26			12
Income from continuing operations
	before income taxes	$	1,694		$	1,193		$	4,618		$	3,789

Financial_Instruments_Policies

Financial Instruments (Policies)	9 Months Ended
Financial Instruments (Policies)	Sep. 30, 2014
Financial Instruments [Abstract]	'
Minimum required value of collateral held by third-party custodian [Policy Text Block]	'
	These securities, which pursuant to our policy are held by a third-party custodian and must generally have a minimum collateral value of 102%, secure the counterparty's obligation to repurchase the securities.

Discontinued_Operations_Tables

Discontinued Operations (Tables)	9 Months Ended
Discontinued Operations (Tables)	Sep. 30, 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				Nine Months Ended
					September 30,				September 30,
	Millions of dollars				2014		2013		2014		2013

	Sales and other operating revenues				$	0	$	1	$	1	$	9

	Income (loss) from discontinued operations
		before income taxes			$	-4	$	-3	$	3	$	-5
	Provision for (benefit from) income taxes					-1		0		2		0
	Income (loss) from discontinued operations,
		net of tax			$	-3	$	-3	$	1	$	-5


	The following table summarizes the changes in the accrual for the social plan for employees affected by the closure of the Berre refinery:
			Nine Months Ended
			September 30,
	Millions of dollars		2014		2013
	Beginning balance		$	42	$	59
	Accretion expense			1		3
	Cash payments			-10		-16
	Adjustment for change in estimates			0		-5
	Effect of exchange rate changes			-4		2
	Ending balance		$	29	$	43


	There are no significant assets or liabilities related to the Berre refinery other than those discussed above.

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 30, 2014
Inventories [Abstract]	'
Schedule of inventory, current [Table Text Block]	'
	Inventories consisted of the following components:
			September 30,		December 31,
	Millions of dollars		2014		2013
	Finished goods		$	3,283	$	3,297
	Work-in-process			349		253
	Raw materials and supplies			1,727		1,729
		Total inventories	$	5,359	$	5,279

Debt_Tables

Debt (Tables)	9 Months Ended
Debt (Tables)	Sep. 30, 2014
Debt [Abstract]	'
Schedule of long-term debt [Table Text Block]	'
	Long-term loans, notes and other long-term debt consisted of the following:
			September 30,			December 31,
	Millions of dollars		2014			2013
	Senior Notes due 2019, $2,000 million, 5.0%		$	1,987		$	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			11			9
		Total		6,755			5,777
	Less current maturities			-2			-1
		Long-term debt	$	6,753		$	5,776


Schedule of short-term debt [Table Text Block]	'
	Short-term loans, notes, and other short-term debt consisted of the following:
				September 30,			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				6			9
	Precious metals financings				49			48
	Other				1			1
		Total short-term debt		$	56		$	58

Financial_Instruments_Tables

Financial Instruments (Tables)	9 Months Ended
Financial Instruments (Tables)	Sep. 30, 2014
Financial Instruments [Abstract]	'
Summary of available-for-sale securities [Table Text Block]	'
	Available-for-Sale Securities―The following table summarizes the amortized cost, gross unrealized gains and losses, and fair value of available-for-sale securities measured on a recurring basis that are outstanding as of September 30, 2014. Refer to Note 8 for additional information regarding the fair value of available-for-sale securities.
							September 30, 2014
										Gross			Gross
										Unrealized			Unrealized			Fair
	Millions of dollars						Cost			Gains			Losses			Value
	Commercial paper						$	1,141		$	1		$	0		$	1,142
	Bonds							239			0			0			239
	Certificates of deposit							163			0			0			163
		Total available-for-sale securities					$	1,543		$	1		$	0		$	1,544


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 September 30, 2014 and December 31, 2013 that are measured at fair value on a recurring basis. Refer to Note 8 for additional information regarding the fair value of derivative and non-derivative financial instruments.

								September 30, 2014						31-Dec-13
						Balance Sheet		Notional			Fair			Notional			Fair
	Millions of dollars					Classification		Amount			Value			Amount			Value
	Assets–
		Derivatives not designated as hedges:
			Commodities			Prepaid expenses		$	0		$	4		$	0		$	0
						and other
						current assets
			Embedded derivatives			Prepaid expenses			38			6			47			3
						and other
						current assets
			Foreign currency			Prepaid expenses			136			2			155			1
						and other
						current assets

		Non-derivatives:
			Available-for sale			Short-term			1,542			1,544			0			0
				securities		investments
								$	1,716		$	1,556		$	202		$	4
	Liabilities–
		Derivatives designated as fair value hedges:
			Fixed-for-floating			Other liabilities		$	2,000		$	3		$	0		$	0
				interest rate swaps

		Derivatives not designated as hedges:
			Commodities			Accrued liabilities			4			0			646			4
			Embedded derivatives			Accrued liabilities			10			0			0			0
			Foreign currency			Accrued liabilities			407			4			17			0

		Non-derivatives:
			Performance share			Accrued liabilities			19			19			0			0
				awards
			Performance share			Other liabilities			16			16			14			14
				awards
								$	2,456		$	42		$	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 September 30, 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 fair value hedges:
		Fixed-for-floating interest rate swaps			$	0		$	0		$	-3		Interest expense
	Derivatives not designated as hedges:
		Commodities				0			0			-3		Cost of sales
		Embedded derivatives				0			0			6		Cost of sales
		Foreign currency				0			0			-42		Other income
														(expense), net
					$	0		$	0		$	-42


					Three Months Ended September 30, 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		$	-2		Cost of sales
		Embedded derivatives				0			0			-5		Cost of sales
		Foreign currency				0			0			20		Other income
														(expense), net
					$	0		$	0		$	13


					Effect of Financial Instruments
					Nine Months Ended September 30, 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-starting interest rate swaps			$	-17		$	0		$	-1		Interest expense
	Derivatives designated as fair value hedges:
		Fixed-for-floating interest rate swaps				0			0			-3		Interest expense
	Derivatives not designated as hedges:
		Commodities				0			0			4		Cost of sales
		Embedded derivatives				0			0			1		Cost of sales
		Foreign currency				0			0			-37		Other income
														(expense), net
					$	-17		$	0		$	-36


					Nine Months Ended September 30, 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		$	-10		Cost of sales
		Embedded derivatives				0			0			22		Cost of sales
		Foreign currency				0			0			5		Other income
														(expense), net
					$	0		$	0		$	17


	For the three and nine months ended September 30, 2014, the pretax effect of additional gain (loss) recognized in income for the fixed-for-floating interest rate swaps includes the net value for accrued interest of $4 million.

Fair_Value_Measurement_Tables

Fair Value Measurement (Tables)	9 Months Ended
Fair Value Measurement (Tables)	Sep. 30, 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 September 30, 2014 and December 31, 2013 that are measured at fair value on a recurring basis.
					September 30, 2014
					Fair
	Millions of dollars				Value		Level 1		Level 2		Level 3
	Assets–
			Derivatives:
				Commodities	$	4	$	4	$	0	$	0
				Embedded derivatives		6		0		6		0
				Foreign currency		2		0		2		0
			Non-derivatives:
				Available-for-sale securities		1,544		0		1,544		0
					$	1,556	$	4	$	1,552	$	0
	Liabilities–
			Derivatives:
				Fixed-for-floating interest rate swaps	$	3	$	0	$	3	$	0
				Foreign currency		4		0		4		0
			Non-derivatives:
				Performance share awards		35		35		0		0
					$	42	$	35	$	7	$	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 nine months ended September 30, 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 September 30, 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.
					September 30, 2014
					Carrying		Fair
	Millions of dollars				Value		Value		Level 1		Level 2		Level 3
	Non-derivatives:
		Assets:
			Short-term loans receivable		$	200	$	200	$	0	$	200	$	0

		Liabilities:
			Short-term debt		$	56	$	51	$	0	$	44	$	7
			Long-term debt			6,749		7,534		0		7,529		5
				Total	$	6,805	$	7,585	$	0	$	7,573	$	12


					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)	9 Months Ended
Pension and Other Postretirement Benefits (Tables)	Sep. 30, 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:
			U.S. Plans
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
	Millions of dollars		2014		2013		2014		2013
	Service cost		$	10	$	10	$	32	$	32
	Interest cost			22		20		66		60
	Expected return on plan assets			-38		-33		-116		-99
	Actuarial and investment loss amortization			- -		7		- -		20
		Net periodic benefit (credits) costs	$	-6	$	4	$	-18	$	13


			Non-U.S. Plans
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
	Millions of dollars		2014		2013		2014		2013
	Service cost		$	7	$	8	$	22	$	33
	Interest cost			12		10		35		31
	Expected return on plan assets			-6		-5		-19		-16
	Settlements (gain) loss			- -		- -		-1		2
	Curtailment gain			- -		-1		- -		-1
	Prior service cost amortization			1		1		3		3
	Actuarial and investment loss amortization			1		- -		3		- -
		Net periodic benefit costs	$	15	$	13	$	43	$	52


	Net periodic other postretirement benefits included the following cost components for the periods presented:
			U.S. Plans
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
	Millions of dollars		2014		2013		2014		2013
	Service cost		$	1	$	2	$	3	$	4
	Interest cost			4		3		11		9
	Actuarial loss amortization			- -		- -		2		1
		Net periodic benefit costs	$	5	$	5	$	16	$	14


			Non-U.S. Plans
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
	Millions of dollars		2014		2013		2014		2013
	Service cost		$	- -	$	1	$	- -	$	1
	Interest cost			- -		- -		1		1
	Actuarial loss amortization			- -		- -		1		- -
		Net periodic benefit costs	$	- -	$	1	$	2	$	2

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	9 Months Ended
Commitments and Contingencies (Tables)	Sep. 30, 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:”
		Nine Months Ended
		September 30,
	Millions of dollars	2014		2013
	Beginning balance	$	120	$	126
	Amounts paid		-5		-5
	Foreign exchange effects		-7		2
	Other		-3		0
	Ending balance	$	105	$	123

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	9 Months Ended
Stockholders' Equity (Tables)	Sep. 30, 2014
Stockholders' Equity [Abstract]	'
Dividends declared [Table Text Block]	'
	Dividend distribution―The following table summarizes the dividends paid in the periods presented:

		Dividend Per			Aggregate
		Ordinary			Dividends
	Millions of dollars, except per share amounts	Share			Paid			Date of Record
	March	$	0.6		$	327		3-Mar-14
	May		0.7			370		28-Apr-14
	September		0.7			358		25-Aug-14
		$	2		$	1,055


Schedule of share repurchase programs [Table Text Block]	'
	Share Repurchase Programs—During the second quarter of 2014, we completed the repurchase of shares authorized under our share repurchase program announced in May 2013 (“May 2013 Share Repurchase Program”), under which we could repurchase up to 10% of our outstanding ordinary shares. In April 2014, our shareholders approved a proposal to authorize us to repurchase up to an additional 10% of our outstanding ordinary shares through October 2015 (“April 2014 Share Repurchase Program”). 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.
	The following table summarizes our share repurchase activity for the periods presented:
			Nine Months Ended September 30, 2014
						Average			Total Purchase
			Shares			Purchase			Price, Including
	Millions of dollars, except shares and per share amounts		Repurchased			Price			Commissions
	May 2013 Share Repurchase Program			30,225,236		$	90.31		$	2,730
	April 2014 Share Repurchase Program			15,866,941			105.71			1,677
				46,092,177		$	95.61		$	4,407


	Due to the timing of settlements, total cash paid for share repurchases under the April 2014 Share Repurchase Program was $1,617 million.
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:
				Nine Months Ended
				September 30,
				2014		2013
	Ordinary shares outstanding:
		Beginning balance		548,824,138		575,216,709
		Share-based compensation		1,255,317		691,183
		Warrants exercised		1,018		7,666
		Employee stock purchase plan		17,789		19,952
		Purchase of ordinary shares		-46,092,177		-18,896,101
		Ending balance		504,006,085		557,039,409


	Treasury Shares—The changes in the amounts of treasury shares held by the Company are as follows:
				Nine Months Ended
				September 30,
				2014		2013
	Ordinary shares held as treasury shares:
		Beginning balance		29,607,877		3,206,033
		Share-based compensation		-1,255,317		-691,183
		Warrants exercised		0		1,608
		Employee stock purchase plan		-17,789		-19,952
		Purchase of ordinary shares		46,092,177		18,896,101
		Ending balance		74,426,948		21,392,607


Schedule of accumulated other comprehensive income (loss) [Table Text Block]	'
	Accumulated Other Comprehensive Income (Loss)—The components of, and after-tax changes in, Accumulated other comprehensive income (loss) as of and for the nine months ended September 30, 2014 and 2013 are presented in the following table:
											Defined
								Net Unrealized			Pension			Foreign
								Holding Gains			and Other			Currency
					Financial			on Investments			Postretirement			Translation
	Millions of dollars				Derivatives			Net of Tax			Benefit Plans			Adjustments			Total
	Balance – January 1, 2014				$	0		$	0		$	-140		$	236		$	96
	Other comprehensive
		income (loss) before
		reclassifications				-13			1			-7			-594			-613
	Amounts reclassified from
		accumulated other
		comprehensive income				0			0			7			0			7
	Net other comprehensive
		income (loss)				-13			1			0			-594			-606
	Balance – September 30, 2014				$	-13		$	1		$	-140		$	-358		$	-510

	Balance – January 1, 2013				$	0		$	0		$	-422		$	11		$	-411
	Other comprehensive
		income (loss) before
		reclassifications				0			0			-2			98			96
	Amounts reclassified from
		accumulated other
		comprehensive loss				0			0			16			0			16
	Net other comprehensive
		income				0			0			14			98			112
	Balance – September 30, 2013				$	0		$	0		$	-408		$	109		$	-299



Reclassification out of accumulated other comprehensive income (loss) [Table Text Block]	'
	The amounts reclassified out of each component of Accumulated other comprehensive income (loss) are as follows:
							Three Months Ended						Nine Months Ended						Affected line item on
							September 30,						September 30,						the Consolidated
	Millions of dollars						2014			2013			2014			2013			Statements of Income
	Reclassification adjustments for:
		Defined pension and other
			postretirement benefit plan
			items:
			Amortization of:
				Prior service cost			$	1		$	1		$	3		$	3
				Actuarial loss				1			7			6			21
	Reclassifications, before tax							2			8			9			24
	Income tax expense							1			2			2			8		Provision for income taxes
	Amounts reclassified out of
		Accumulated other
		comprehensive income (loss)					$	1		$	6		$	7		$	16


	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)	9 Months Ended
Per Share Data (Tables)	Sep. 30, 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 September 30,
					2014				2013
					Continuing		Discontinued		Continuing		Discontinued
	Millions of dollars				Operations		Operations		Operations		Operations
	Net income (loss)				$	1,260	$	-3	$	854	$	-3
	Less: net loss attributable to
		non-controlling interests				1		0		2		0
	Net income (loss) attributable to the
		Company shareholders				1,261		-3		856		-3
	Net income attributable to
		participating securities				-4		0		-2		0
	Net income (loss) attributable to
		ordinary shareholders –
		basic and diluted			$	1,257	$	-3	$	854	$	-3

	Millions of shares, except per share amounts
	Basic weighted average common stock
		outstanding				509		509		563		563
			Effect of dilutive securities:
				Stock options		3		3		4		4
	Potential dilutive shares					512		512		567		567

	Earnings (loss) per share:
			Basic		$	2.47	$	-0.01	$	1.52	$	-0.01
			Diluted		$	2.46	$	-0.01	$	1.51	$	-0.01

	Participating securities					1.5		1.5		1.7		1.7
	Dividends declared per share of
		common stock			$	0.7	$	0	$	0.5	$	0
					Nine Months Ended September 30,
					2014				2013
					Continuing		Discontinued		Continuing		Discontinued
	Millions of dollars				Operations		Operations		Operations		Operations
	Net income (loss)				$	3,376	$	1	$	2,683	$	-5
	Less: net loss attributable to
		non-controlling interests				4		0		5		0
	Net income (loss) attributable to the
		Company shareholders				3,380		1		2,688		-5
	Net income attributable to
		participating securities				-10		0		-8		0
	Net income (loss) attributable to
		ordinary shareholders –
		basic and diluted			$	3,370	$	1	$	2,680	$	-5

	Millions of shares, except per share amounts
	Basic weighted average common stock
		outstanding				526		526		571		571
			Effect of dilutive securities:
				Stock options		3		3		4		4
	Potential dilutive shares					529		529		575		575
	Earnings (loss) per share:
			Basic		$	6.41	$	0	$	4.7	$	-0.01
			Diluted		$	6.38	$	0	$	4.67	$	-0.01

	Participating securities					1.5		1.5		1.7		1.7
	Dividends declared per share of
		common stock			$	2	$	0	$	1.4	$	0

Segment_and_Related_Informatio1

Segment and Related Information (Tables)	9 Months Ended
Segment and Related Information (Tables)	Sep. 30, 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 September 30, 2014
				O&P–			O&P–
	Millions of dollars			Americas			EAI			I&D			Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	2,585		$	3,857		$	2,652		$	2,894	$	78	$	0	$	12,066
			Intersegment		1,165			138			39			252		29		-1,623		0
					3,750			3,995			2,691			3,146		107		-1,623		12,066

	EBITDA				1,157			343			383			110		41		1		2,035


				Three Months Ended September 30, 2013
				O&P–			O&P–
	Millions of dollars			Americas			EAI			I&D			Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	2,271		$	3,532		$	2,423		$	2,835	$	91	$	0	$	11,152
			Intersegment		1,044			62			29			342		33		-1,510		0
					3,315			3,594			2,452			3,177		124		-1,510		11,152

	EBITDA				841			204			427			8		52		-1		1,531


				Nine Months Ended September 30, 2014
				O&P –			O&P –
	Millions of dollars			Americas			EAI			I&D			Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	7,233		$	11,579		$	7,732		$	8,475	$	299	$	0	$	35,318
			Intersegment		3,336			263			94			677		88		-4,458		0
					10,569			11,842			7,826			9,152		387		-4,458		35,318

	EBITDA				2,871			1,018			1,188			376		188		3		5,644


				Nine Months Ended September 30, 2013
				O&P –			O&P –
	Millions of dollars			Americas			EAI			I&D			Refining		Technology		Other		Total
	Sales and other
		operating revenues:
			Customers	$	6,890		$	10,943		$	6,836		$	7,953	$	302	$	0	$	32,924
			Intersegment		2,920			159			115			769		88		-4,051		0
					9,810			11,102			6,951			8,722		390		-4,051		32,924

	EBITDA				2,690			724			1,138			48		177		-9		4,768


Reconciliation of EBITDA to income (loss) 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 September 30,						Nine Months Ended September 30,
	Millions of dollars		2014			2013			2014			2013
	EBITDA:
		Total segment EBITDA	$	2,034		$	1,532		$	5,641		$	4,777
		Other EBITDA		1			-1			3			-9
	Less:
		Depreciation and amortization expense		-262			-262			-772			-769
		Interest expense		-92			-81			-280			-222
	Add:
		Interest income		13			5			26			12
	Income from continuing operations
		before income taxes	$	1,694		$	1,193		$	4,618		$	3,789

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income (loss) from discontinued operations, net of tax [Abstract]	'	'	'	'
Income (loss) from discontinued operations, net of tax	($3)	($3)	$1	($5)
Berre refinery [Member]	'	'	'	'
Income (loss) from discontinued operations, net of tax [Abstract]	'	'	'	'
Sales and other operating revenues	0	1	1	9
Income (loss) from discontinued operations before income taxes	-4	-3	3	-5
Provision for (benefit from) income taxes	-1	0	2	0
Income (loss) from discontinued operations, net of tax	-3	-3	1	-5
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	3
Cash payments	'	'	-10	-16
Adjustment for change in estimates	'	'	0	-5
Effect of exchange rate changes	'	'	-4	2
Ending balance	$29	$43	$29	$43

Accounts_Receivable_Details

Accounts Receivable (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Accounts Receivable [Abstract]	'	'
Allowance for doubtful accounts receivable	$32	$43

Inventories_Details

Inventories (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Inventory, finished goods, work-in-process, and raw materials and supplies [Abstract]	'	'
Finished goods	$3,283	$3,297
Work-in-process	349	253
Raw materials and supplies	1,727	1,729
Total inventories	$5,359	$5,279

Debt_Longterm_debt_Details

Debt, Long-term debt (Details) (USD $)	9 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Long-term debt [Line Items]	'	'
Long-term debt	$6,755	$5,777
Long-term debt, current portion	-2	-1
Long-term debt, noncurrent portion	6,753	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	1,987	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	'
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	'
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	$11	$9

Debt_Description_of_5_Senior_N

Debt, Description of 5% Senior Notes interest rate swap fair value adjustments (Details) (Senior Notes due 2019, $2,000 million, 5.0% [Member], USD $)	3 Months Ended	9 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013
Senior Notes due 2019, $2,000 million, 5.0% [Member]	'	'	'
Interest rate swap fair value adjustment related to long-term debt [Line Items]	'	'	'
Stated interest rate (in hundredths)	5.00%	5.00%	5.00%
Maturity year	'	'2019	'2019
Interest rate swap fair value adjustment related to long-term debt, recognized	$13	$13	'

Debt_Shortterm_debt_Details

Debt, Short-term debt (Details)

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

In Millions, unless otherwise specified

USD ($)

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

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

Euro 450 million European Receivables Securitization Facility [Member]

Financial payables to equity investees [Member]

Precious metals financings [Member]

Other short-term debt [Member]

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

Short-term debt [Line Items]

Maximum borrowing capacity on line of credit

$2,000

$1,000

€ 450

Short-term debt

$56

$58

$49

$48

Debt_Description_of_longterm_d

Debt, Description of long-term debt (Details) (Guaranteed Notes due 2044, $1,000 million, 4.875% [Member], USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Guaranteed Notes due 2044, $1,000 million, 4.875% [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 $)	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013	Oct. 31, 2014
In Millions, unless otherwise specified			$2,000 million Senior Revolving Credit Facility [Member]	$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]	Subsequent event [Member]
								Commercial paper [Member]
Description of short-term debt [Line Items]	'	'	'	'	'	'	'	'
Maximum borrowing capacity, commercial paper program	'	'	'	'	'	'	'	$2,000
Expiration date	'	'	'2019-06	'	'	'	'	'
Maximum allowed letters of credit	'	'	'	700	'	'	'	'
Maximum borrowing capacity	'	'	'	2,000	2,000	1,000	1,000	'
Current availability under facility	'	'	'	'	'	1,000	'	'
Outstanding borrowings	'	'	'	0	'	0	'	'
Outstanding letters of credit	'	'	'	$0	'	$0	'	'
Terms of debt covenants	'	'	'	'The facility contains customary covenants and warranties, including specified restrictions on indebtedness and liens. In addition, we are required to maintain a leverage ratio at the end of every quarter of 3.50 to 1.00 or less for the period covering the most recent four quarters.	'	'	'	'
Weighted average interest rate, short-term debt (in hundredths)	0.60%	1.10%	'	'	'	'	'	'

Debt_Debt_discount_and_issuanc

Debt, Debt discount and issuance costs (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Debt discount and issuance costs included in interest expense [Abstract]	'	'
Amortization of debt issuance costs	$16	$16

Financial_Instruments_Marketab

Financial Instruments, Marketable securities, repurchase agreements, foreign currency rates, cross currency swaps and interest rate swaps (Details) (USD $)

3 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

In Millions, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Feb. 28, 2014

Jul. 31, 2013

Sep. 30, 2014

Oct. 31, 2014

Jul. 31, 2014

Guaranteed Notes due 2023 [Member]

Guaranteed Notes due 2043 [Member]

Guaranteed Notes due 2044 [Member]

Senior Notes due 2019 [Member]

Foreign currency rates [Member]

Interest rate swaps [Member]

Subsequent event [Member]

Cash-flow hedge [Member]

Fair value hedge [Member]

Cross-currency swaps [Member]

Interest rate swaps [Member]

Fair value hedge [Member]

Marketable securities [Abstract]

Amount of marketable securities classified as cash and cash equivalents

$786

$3,482

Repurchase agreements [Abstract]

Amount of repurchase agreements

200

Derivative [Line Items]

Notional amounts value

543

500

1,500

2,000

Derivative, maturity date

'October 2014 through June 2015

'April 15, 2019

Foreign currency gain (loss)

'losses of $1 million

'gain of $1 million

'losses of less than $1 million

'loss of $3 million

Face amount

750

1,000

2,000

Maturity year

'2023

'2043

'2044

'2019

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

Stated interest rate (in hundredths)

4.00%

5.25%

4.88%

5.00%

Gain (loss) recognized related to the ineffectiveness of hedging relationship

Financial_Instruments_Summary_

Financial Instruments, Summary of available-for-sale securities (Details) (USD $)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014
Schedule of available-for-sale securities [Line Items]	'	'
Cost	$1,543	$1,543
Gross unrealized gains	'	1
Gross unrealized losses	'	0
Fair value	1,544	1,544
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	167	167
Unrealized losses on available-for-sale securities in continuous unrealized loss position for less than twelve months	'	'less than $1 million
Proceeds from maturities and the related gross realized gains and losses on available-for-sale securities [Abstract]	'	'
Proceeds from maturity of securities	652	924
Proceeds from sales of securities	0	0
Gross realized gains	0	0
Gross realized losses	0	0
Available-for-sale securities, additional information [Abstract]	'	'
Amount of losses related to other-than-temporary impairments on available-for-sale securities	0	0
Commercial paper [Member]	'	'
Schedule of available-for-sale securities [Line Items]	'	'
Cost	1,141	1,141
Gross unrealized gains	'	1
Gross unrealized losses	'	0
Fair value	1,142	1,142
Commercial paper [Member] \| Minimum [Member]	'	'
Schedule of available-for-sale securities [Line Items]	'	'
Investment maturity period	'	'less than one month
Commercial paper [Member] \| Maximum [Member]	'	'
Schedule of available-for-sale securities [Line Items]	'	'
Investment maturity period	'	'12 months
Bonds [Member]	'	'
Schedule of available-for-sale securities [Line Items]	'	'
Cost	239	239
Gross unrealized gains	'	0
Gross unrealized losses	'	0
Fair value	239	239
Bonds [Member] \| Minimum [Member]	'	'
Schedule of available-for-sale securities [Line Items]	'	'
Investment maturity period	'	'1 month
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	163	163
Gross unrealized gains	'	0
Gross unrealized losses	'	0
Fair value	$163	$163
Certificates of deposit [Member] \| Minimum [Member]	'	'
Schedule of available-for-sale securities [Line Items]	'	'
Investment maturity period	'	'2 months
Certificates of deposit [Member] \| Maximum [Member]	'	'
Schedule of available-for-sale securities [Line Items]	'	'
Investment maturity period	'	'16 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 $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Sep. 30, 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	$1,716	$202
Notional amount, derivative and non-derivative financial instruments liabilities	2,456	677
Fair value, derivative and non-derivative financial instruments assets	1,556	4
Fair value, derivative and non-derivative financial instruments liabilities	42	18
Derivatives: [Member] \| Derivatives designated as hedges: [Member] \| Derivatives designated as fair value hedges: [Member] \| Fixed-for-floating interest rate swaps [Member] \| Other liabilities [Member]	'	'
Derivative and non-derivative assets and liabilities at fair value, net, by balance sheet classification [Abstract]	'	'
Notional amount, derivative and non-derivative financial instruments liabilities	2,000	0
Fair value, derivative and non-derivative financial instruments liabilities	3	0
Derivatives: [Member] \| Derivatives not designated as hedges: [Member] \| Commodities [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 and non-derivative financial instruments assets	0	0
Fair value, derivative and non-derivative financial instruments assets	4	0
Derivatives: [Member] \| Derivatives not designated as hedges: [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 and non-derivative financial instruments liabilities	4	646
Fair value, derivative and non-derivative financial instruments liabilities	0	4
Derivatives: [Member] \| Derivatives not designated as hedges: [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 and non-derivative financial instruments assets	38	47
Fair value, derivative and non-derivative financial instruments assets	6	3
Derivatives: [Member] \| Derivatives not designated as hedges: [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 and non-derivative financial instruments liabilities	10	0
Fair value, derivative and non-derivative financial instruments liabilities	0	0
Derivatives: [Member] \| Derivatives not designated as hedges: [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 and non-derivative financial instruments assets	136	155
Fair value, derivative and non-derivative financial instruments assets	2	1
Derivatives: [Member] \| Derivatives not designated as hedges: [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 and non-derivative financial instruments liabilities	407	17
Fair value, derivative and non-derivative financial instruments liabilities	4	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, derivative and non-derivative financial instruments assets	1,542	0
Fair value, derivative and non-derivative financial instruments assets	1,544	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, derivative and non-derivative financial instruments liabilities	16	14
Fair value, derivative and non-derivative financial instruments liabilities	16	14
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, derivative and non-derivative financial instruments liabilities	19	0
Fair value, derivative and non-derivative financial instruments liabilities	$19	$0

Financial_Instruments_Pretax_e

Financial Instruments, Pretax effect of derivative instruments charged directly to income (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Derivative instruments gain (loss) [Line Items]	'	'	'	'
Gain (loss) recognized in AOCI	$0	$0	($17)	$0
Gain (loss) reclassified from AOCI to income	0	0	0	0
Additional gain (loss) recognized in income	-42	13	-36	17
Derivatives designated as hedges: [Member] \| Derivatives designated as cash-flow hedges [Member] \| Interest rate swaps [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 designated as hedges: [Member] \| Derivatives designated as fair value hedges [Member] \| Interest rate swaps [Member] \| Interest expense [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	-3	'	-3	'
Net value for accrued interest	4	'	4	'
Derivatives not designated as hedges: [Member] \| Commodities [Member] \| Cost of sales [Member]	'	'	'	'
Derivative instruments gain (loss) [Line Items]	'	'	'	'
Gain (loss) recognized in AOCI	0	0	0	0
Gain (loss) reclassified from AOCI to income	0	0	0	0
Additional gain (loss) recognized in income	-3	-2	4	-10
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	0	0
Gain (loss) reclassified from AOCI to income	0	0	0	0
Additional gain (loss) recognized in income	6	-5	1	22
Derivatives not designated as hedges: [Member] \| Foreign currency [Member] \| Other income (expense), net [Member]	'	'	'	'
Derivative instruments gain (loss) [Line Items]	'	'	'	'
Gain (loss) recognized in AOCI	0	0	0	0
Gain (loss) reclassified from AOCI to income	0	0	0	0
Additional gain (loss) recognized in income	($42)	$20	($37)	$5

Fair_Value_Measurement_Details

Fair Value Measurement (Details) (USD $)	9 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	$1,556	$4
Liabilities at fair value	42	18
Recurring [Member]	'	'
Fair value transfers [Abstract]	'	'
Amount of transfers between Level 1 and Level 2 of the fair value hierarchy	0	0
Recurring [Member] \| Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	1,556	4
Liabilities at fair value	42	18
Recurring [Member] \| Level 1 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	4	0
Liabilities at fair value	35	18
Recurring [Member] \| Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	1,552	4
Liabilities at fair value	7	0
Recurring [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	0
Recurring [Member] \| Derivatives: [Member] \| Commodities [Member] \| Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	4	'
Liabilities at fair value	'	4
Recurring [Member] \| Derivatives: [Member] \| Commodities [Member] \| Level 1 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	4	'
Liabilities at fair value	'	4
Recurring [Member] \| Derivatives: [Member] \| Commodities [Member] \| Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	0	'
Liabilities at fair value	'	0
Recurring [Member] \| Derivatives: [Member] \| Commodities [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
Recurring [Member] \| Derivatives: [Member] \| Embedded derivatives [Member] \| Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	6	3
Recurring [Member] \| 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
Recurring [Member] \| Derivatives: [Member] \| Embedded derivatives [Member] \| Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	6	3
Recurring [Member] \| 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
Recurring [Member] \| Derivatives: [Member] \| Fixed-for-floating interest rate swaps [Member] \| Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	3	'
Recurring [Member] \| Derivatives: [Member] \| Fixed-for-floating interest rate swaps [Member] \| Level 1 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	0	'
Recurring [Member] \| Derivatives: [Member] \| Fixed-for-floating interest rate swaps [Member] \| Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	3	'
Recurring [Member] \| Derivatives: [Member] \| Fixed-for-floating interest rate swaps [Member] \| Level 3 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Liabilities at fair value	0	'
Recurring [Member] \| Derivatives: [Member] \| Foreign currency [Member] \| Fair Value [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	2	1
Liabilities at fair value	4	'
Recurring [Member] \| 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	0
Liabilities at fair value	0	'
Recurring [Member] \| Derivatives: [Member] \| Foreign currency [Member] \| Level 2 [Member]	'	'
Fair value assets and liabilities measured on a recurring basis [Line Items]	'	'
Assets at fair value	2	1
Liabilities at fair value	4	'
Recurring [Member] \| 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	0
Liabilities at fair value	0	'
Recurring [Member] \| 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	1,544	'
Recurring [Member] \| 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	'
Recurring [Member] \| 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	1,544	'
Recurring [Member] \| 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	'
Recurring [Member] \| 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	35	14
Recurring [Member] \| 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	35	14
Recurring [Member] \| 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
Recurring [Member] \| 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 $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Liabilities: [Abstract]	'	'
Short-term debt, carrying value	$56	$58
Non-derivatives: [Member]	'	'
Assets: [Abstract]	'	'
Short-term loans receivable, carrying value	200	'
Liabilities: [Abstract]	'	'
Short-term debt, carrying value	56	58
Long-term debt, carrying value	6,749	5,772
Total liabilities, carrying value	6,805	5,830
Non-derivatives: [Member] \| Fair Value [Member]	'	'
Assets: [Abstract]	'	'
Short-term loans receivable, fair value	200	'
Liabilities: [Abstract]	'	'
Short-term debt, fair value	51	55
Long-term debt, fair value	7,534	6,382
Total liabilities, fair value	7,585	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	200	'
Liabilities: [Abstract]	'	'
Short-term debt, fair value	44	44
Long-term debt, fair value	7,529	6,378
Total liabilities, fair value	7,573	6,422
Non-derivatives: [Member] \| Level 3 [Member]	'	'
Assets: [Abstract]	'	'
Short-term loans receivable, fair value	0	'
Liabilities: [Abstract]	'	'
Short-term debt, fair value	7	11
Long-term debt, fair value	5	4
Total liabilities, fair value	$12	$15

Pension_and_Other_Postretireme2

Pension and Other Postretirement Benefits (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Contributions by employer [Abstract]	'	'	'	'
Company contributions	'	'	$64	'
U.S. pension plans [Member]	'	'	'	'
Net periodic pension and other postretirement benefit costs: [Abstract]	'	'	'	'
Service cost	10	10	32	32
Interest cost	22	20	66	60
Expected return on plan assets	-38	-33	-116	-99
Actuarial and investment (gain) loss amortization	0	7	0	20
Net periodic benefit (credits) costs	-6	4	-18	13
Contributions by employer [Abstract]	'	'	'	'
Company contributions	'	'	8	'
Expected annual Company contributions in current fiscal year	'	'	8	'
Non-U.S. pension plans [Member]	'	'	'	'
Net periodic pension and other postretirement benefit costs: [Abstract]	'	'	'	'
Service cost	7	8	22	33
Interest cost	12	10	35	31
Expected return on plan assets	-6	-5	-19	-16
Settlements (gain) loss	0	0	-1	2
Curtailment (gain) loss	0	-1	0	-1
Prior service cost amortization	1	1	3	3
Actuarial and investment (gain) loss amortization	1	0	3	0
Net periodic benefit (credits) costs	15	13	43	52
Contributions by employer [Abstract]	'	'	'	'
Company contributions	'	'	56	'
U.S. other postretirement benefit plans [Member]	'	'	'	'
Net periodic pension and other postretirement benefit costs: [Abstract]	'	'	'	'
Service cost	1	2	3	4
Interest cost	4	3	11	9
Actuarial and investment (gain) loss amortization	0	0	2	1
Net periodic benefit (credits) costs	5	5	16	14
Non-U.S. other postretirement benefit plans [Member]	'	'	'	'
Net periodic pension and other postretirement benefit costs: [Abstract]	'	'	'	'
Service cost	0	1	0	1
Interest cost	0	0	1	1
Actuarial and investment (gain) loss amortization	0	0	1	0
Net periodic benefit (credits) costs	$0	$1	$2	$2

Income_Taxes_Details

Income Taxes (Details)	3 Months Ended		9 Months Ended
Income Taxes (Details)	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Effective income tax rate [Abstract]	'	'	'	'
Effective income tax rate (in hundredths)	25.60%	28.40%	26.90%	29.20%

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)	9 Months Ended				1 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 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	$105,000,000	$123,000,000	'	'	'
Accrued liability for individual site range	'less than $1 million to $20 million	'	'	'	'
Accrual for environmental loss contingencies [Roll Forward]	'	'	'	'	'
Beginning balance	120,000,000	126,000,000	'	'	'
Amounts paid	-5,000,000	-5,000,000	'	'	'
Foreign exchange effects	-7,000,000	2,000,000	'	'	'
Other	-3,000,000	0	'	'	'
Ending balance	105,000,000	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. (“Weisfelner”), 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 $)	9 Months Ended		1 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Mar. 31, 2014	Sep. 30, 2014	31-May-14
	Sep. 30, 2014	Sep. 30, 2013	60 cent dividend [Member]	70 cent dividend [Member]	70 cent dividend [Member]
Dividends paid [Line Items]	'	'	'	'	'
Dividend per ordinary share (per share)	$2	'	$0.60	$0.70	$0.70
Aggregate dividends paid	$1,055	$517	$327	$358	$370
Record date	'	'	3-Mar-14	25-Aug-14	28-Apr-14

Stockholders_Equity_Share_repu

Stockholders' Equity, Share repurchase programs (Details) (USD $)	9 Months Ended		3 Months Ended	9 Months Ended	1 Months Ended	9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014	Sep. 30, 2014	Apr. 30, 2014	Sep. 30, 2014
	Sep. 30, 2014	Sep. 30, 2013	May 2013 share repurchase program [Member]	May 2013 share repurchase program [Member]	April 2014 share repurchase program [Member]	April 2014 share repurchase program [Member]
Share repurchase programs [Line Items]	'	'	'	'	'	'
Announcement date of share repurchase program	'	'	'2013-05	'	'2014-04	'
Percent of outstanding shares authorized to be repurchased under a share repurchase program (in hundredths)	'	'	10.00%	'	10.00%	'
The date through which shares are authorized for repurchase under a share repurchase program	'	'	'	'	'2015-10	'
Shares repurchased (in shares)	46,092,177	'	'	30,225,236	'	15,866,941
Average purchase price (in dollars per share)	$95.61	'	'	$90.31	'	$105.71
Total purchase price, including commissions	$4,407	'	'	$2,730	'	$1,677
Cash paid for shares repurchased	$4,347	$1,251	'	'	'	$1,617

Stockholders_Equity_Ordinary_s

Stockholders' Equity, Ordinary shares (Details)	9 Months Ended
Stockholders' Equity, Ordinary shares (Details)	Sep. 30, 2014	Sep. 30, 2013
Ordinary shares outstanding: [Abstract]	'	'
Beginning balance (in shares)	548,824,138	'
Purchase of ordinary shares (in shares)	-46,092,177	'
Ending balance (in shares)	504,006,085	'
Ordinary shares [Member]	'	'
Ordinary shares outstanding: [Abstract]	'	'
Beginning balance (in shares)	548,824,138	575,216,709
Share-based compensation (in shares)	1,255,317	691,183
Warrants exercised (in shares)	1,018	7,666
Employee stock purchase plan (in shares)	17,789	19,952
Purchase of ordinary shares (in shares)	-46,092,177	-18,896,101
Ending balance (in shares)	504,006,085	557,039,409

Stockholders_Equity_Treasury_s

Stockholders' Equity, Treasury shares (Details)	9 Months Ended
Stockholders' Equity, Treasury shares (Details)	Sep. 30, 2014	Sep. 30, 2013
Ordinary shares held as treasury shares: [Abstract]	'	'
Beginning balance (in shares)	29,607,877	'
Purchase of ordinary shares (in shares)	46,092,177	'
Ending balance (in shares)	74,426,948	'
Treasury shares [Member]	'	'
Ordinary shares held as treasury shares: [Abstract]	'	'
Beginning balance (in shares)	29,607,877	3,206,033
Share-based compensation (in shares)	-1,255,317	-691,183
Warrants exercised (in shares)	0	1,608
Employee stock purchase plan (in shares)	-17,789	-19,952
Purchase of ordinary shares (in shares)	46,092,177	18,896,101
Ending balance (in shares)	74,426,948	21,392,607

Stockholders_Equity_Components

Stockholders' Equity, Components of accumulated other comprehensive income (loss) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Accumulated other comprehensive income (loss) [Line Items]	'	'	'	'
Accumulated other comprehensive income (loss), beginning of period	'	'	$96	($411)
Other comprehensive income (loss) before reclassifications	'	'	-613	96
Amounts reclassified from accumulated other comprehensive income (loss)	'	'	7	16
Total other comprehensive income (loss)	-553	206	-606	112
Accumulated other comprehensive income (loss), end of period	-510	-299	-510	-299
Financial derivatives [Member]	'	'	'	'
Accumulated other comprehensive income (loss) [Line Items]	'	'	'	'
Accumulated other comprehensive income (loss), beginning of period	'	'	0	0
Other comprehensive income (loss) before reclassifications	'	'	-13	0
Amounts reclassified from accumulated other comprehensive income (loss)	'	'	0	0
Total other comprehensive income (loss)	'	'	-13	0
Accumulated other comprehensive income (loss), end of period	-13	0	-13	0
Net unrealized holding gains on investments net of tax [Member]	'	'	'	'
Accumulated other comprehensive income (loss) [Line Items]	'	'	'	'
Accumulated other comprehensive income (loss), beginning of period	'	'	0	0
Other comprehensive income (loss) before reclassifications	'	'	1	0
Amounts reclassified from accumulated other comprehensive income (loss)	'	'	0	0
Total other comprehensive income (loss)	'	'	1	0
Accumulated other comprehensive income (loss), end of period	1	0	1	0
Defined pension and other postretirement benefit plans [Member]	'	'	'	'
Accumulated other comprehensive income (loss) [Line Items]	'	'	'	'
Accumulated other comprehensive income (loss), beginning of period	'	'	-140	-422
Other comprehensive income (loss) before reclassifications	'	'	-7	-2
Amounts reclassified from accumulated other comprehensive income (loss)	'	'	7	16
Total other comprehensive income (loss)	'	'	0	14
Accumulated other comprehensive income (loss), end of period	-140	-408	-140	-408
Foreign currency translation adjustments [Member]	'	'	'	'
Accumulated other comprehensive income (loss) [Line Items]	'	'	'	'
Accumulated other comprehensive income (loss), beginning of period	'	'	236	11
Other comprehensive income (loss) before reclassifications	'	'	-594	98
Amounts reclassified from accumulated other comprehensive income (loss)	'	'	0	0
Total other comprehensive income (loss)	'	'	-594	98
Accumulated other comprehensive income (loss), end of period	($358)	$109	($358)	$109

Stockholders_Equity_Reclassifi

Stockholders' Equity, Reclassification out of accumulated other comprehensive income (loss) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Reclassification adjustment out of accumulated other comprehensive income (loss) [Line Items]	'	'	'	'
Prior service cost (benefit)	$1	$1	$3	$3
Actuarial (gain) loss	1	7	6	21
Income from continuing operations before income taxes	1,694	1,193	4,618	3,789
Provision for (benefit from) income taxes	434	339	1,242	1,106
Net income attributable to the Company shareholders	1,258	853	3,381	2,683
Amount reclassified from accumulated other comprehensive income (loss) [Member] \| Defined pension and other postretirement benefit plans [Member]	'	'	'	'
Reclassification adjustment out of accumulated other comprehensive income (loss) [Line Items]	'	'	'	'
Prior service cost (benefit)	1	1	3	3
Actuarial (gain) loss	1	7	6	21
Income from continuing operations before income taxes	2	8	9	24
Provision for (benefit from) income taxes	1	2	2	8
Net income attributable to the Company shareholders	$1	$6	$7	$16

Per_Share_Data_Details

Per Share Data (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Earnings per share reconciliation [Abstract]	'	'	'	'
Net income (loss)	$1,257	$851	$3,377	$2,678
Less: net loss attributable to non-controlling interests	1	2	4	5
Net income attributable to the Company shareholders	1,258	853	3,381	2,683
Earnings (loss) per share: [Abstract]	'	'	'	'
Basic (in dollars per share)	$2.46	$1.51	$6.41	$4.69
Diluted (in dollars per share)	$2.45	$1.50	$6.38	$4.66
Earnings per share, basic and diluted, other disclosures [Abstract]	'	'	'	'
Dividends declared per share of common stock (in dollars per share)	'	'	$2	'
Continuing operations [Member]	'	'	'	'
Earnings per share reconciliation [Abstract]	'	'	'	'
Net income (loss)	1,260	854	3,376	2,683
Less: net loss attributable to non-controlling interests	1	2	4	5
Net income attributable to the Company shareholders	1,261	856	3,380	2,688
Net (income) loss attributable to participating securities	-4	-2	-10	-8
Net income (loss) attributable to ordinary shareholders - Basic	1,257	854	3,370	2,680
Net income (loss) attributable to ordinary shareholders - Diluted	1,257	854	3,370	2,680
Weighted average number of shares outstanding reconciliation [Abstract]	'	'	'	'
Basic weighted average common stock outstanding (in shares)	509	563	526	571
Effect of dilutive securities: [Abstract]	'	'	'	'
Stock options (in shares)	3	4	3	4
Potential dilutive shares (in shares)	512	567	529	575
Earnings (loss) per share: [Abstract]	'	'	'	'
Basic (in dollars per share)	$2.47	$1.52	$6.41	$4.70
Diluted (in dollars per share)	$2.46	$1.51	$6.38	$4.67
Earnings per share, basic and diluted, other disclosures [Abstract]	'	'	'	'
Participating securities (in shares)	1.5	1.7	1.5	1.7
Dividends declared per share of common stock (in dollars per share)	$0.70	$0.50	$2	$1.40
Discontinued operations [Member]	'	'	'	'
Earnings per share reconciliation [Abstract]	'	'	'	'
Net income (loss)	-3	-3	1	-5
Less: net loss attributable to non-controlling interests	0	0	0	0
Net income attributable to the Company shareholders	-3	-3	1	-5
Net (income) loss attributable to participating securities	0	0	0	0
Net income (loss) attributable to ordinary shareholders - Basic	-3	-3	1	-5
Net income (loss) attributable to ordinary shareholders - Diluted	($3)	($3)	$1	($5)
Weighted average number of shares outstanding reconciliation [Abstract]	'	'	'	'
Basic weighted average common stock outstanding (in shares)	509	563	526	571
Effect of dilutive securities: [Abstract]	'	'	'	'
Stock options (in shares)	3	4	3	4
Potential dilutive shares (in shares)	512	567	529	575
Earnings (loss) per share: [Abstract]	'	'	'	'
Basic (in dollars per share)	($0.01)	($0.01)	$0	($0.01)
Diluted (in dollars per share)	($0.01)	($0.01)	$0	($0.01)
Earnings per share, basic and diluted, other disclosures [Abstract]	'	'	'	'
Participating securities (in shares)	1.5	1.7	1.5	1.7
Dividends declared per share of common stock (in dollars per share)	$0	$0	$0	$0

Segment_and_Related_Informatio2

Segment and Related Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
	Sep. 30, 2014	Sep. 30, 2013	segments	Sep. 30, 2013
Segment and Related Information [Abstract]	'	'	'	'
Number of operating segments	'	'	5	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	$12,066	$11,152	$35,318	$32,924
EBITDA	2,035	1,531	5,644	4,768
Additional benefits (charges) recognized in various segments [Abstract]	'	'	'	'
Lower of cost or market inventory valuation adjustment	'	'	-45	0
O&P - Americas [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	2,585	2,271	7,233	6,890
EBITDA	1,157	841	2,871	2,690
Additional benefits (charges) recognized in various segments [Abstract]	'	'	'	'
Lower of cost or market inventory valuation adjustment	-45	'	-45	'
O&P - EAI [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	3,857	3,532	11,579	10,943
EBITDA	343	204	1,018	724
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	2,652	2,423	7,732	6,836
EBITDA	383	427	1,188	1,138
Refining [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	2,894	2,835	8,475	7,953
EBITDA	110	8	376	48
Additional benefits (charges) recognized in various segments [Abstract]	'	'	'	'
Benefits related to the resolution of property tax assessments for the three year period beginning 2011	'	10	'	10
Benefits for recoveries and a settlement associated with a former employee who pled guilty to fraud in 2010	'	5	'	10
Technology [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	78	91	299	302
EBITDA	41	52	188	177
Operating segments [Member] \| O&P - Americas [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	3,750	3,315	10,569	9,810
Operating segments [Member] \| O&P - EAI [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	3,995	3,594	11,842	11,102
Operating segments [Member] \| I&D [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	2,691	2,452	7,826	6,951
Operating segments [Member] \| Refining [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	3,146	3,177	9,152	8,722
Operating segments [Member] \| Technology [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	107	124	387	390
Intersegment eliminations [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	-1,623	-1,510	-4,458	-4,051
Intersegment eliminations [Member] \| O&P - Americas [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	-1,165	-1,044	-3,336	-2,920
Intersegment eliminations [Member] \| O&P - EAI [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	-138	-62	-263	-159
Intersegment eliminations [Member] \| I&D [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	-39	-29	-94	-115
Intersegment eliminations [Member] \| Refining [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	-252	-342	-677	-769
Intersegment eliminations [Member] \| Technology [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	-29	-33	-88	-88
Other [Member]	'	'	'	'
Summarized financial information concerning reportable segments: [Abstract]	'	'	'	'
Sales and other operating revenues	0	0	0	0
EBITDA	$1	($1)	$3	($9)

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		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
EBITDA: [Abstract]	'	'	'	'
Total segment EBITDA	$2,034	$1,532	$5,641	$4,777
Other EBITDA	1	-1	3	-9
Less: [Abstract]	'	'	'	'
Depreciation and amortization expense	-262	-262	-772	-769
Interest expense	-92	-81	-280	-222
Add: [Abstract]	'	'	'	'
Interest income	13	5	26	12
Income (loss) from continuing operations before income taxes	$1,694	$1,193	$4,618	$3,789