Consolidated Statement Of Financial Position (USD $) In Millions	Jun. 30, 2011	Dec. 31, 2010
ASSETS
Cash and cash equivalents	$ 169	$ 191
Trade receivables, net of allowances of $4 in 2011 and 2010	264	228
Miscellaneous receivables	74	75
Inventories	328	275
Prepaid expenses and other assets	29	27
Current assets of discontinued operations	2	5
Total Current Assets	866	801
Net Property, Plant and Equipment	934	911
Goodwill	759	740
Net Identified Intangible Assets	948	938
Other Assets	149	147
Total Assets	3,656	3,537
LIABILITIES AND EQUITY
Accounts payable	194	173
Accrued liabilities	220	235
Current liabilities of discontinued operations	13	15
Total Current Liabilities	427	423
Long-Term Debt	1,362	1,463
Postretirement Liabilities	293	308
Environmental Remediation Liabilities	234	244
Deferred Tax Liabilities	248	238
Non-Current Liabilities of Discontinued Operations	24	25
Other Liabilities	101	97
Commitments and Contingencies (Note 8)
Equity:
Common stock at $0.01 par value; (500,000,000 shares authorized, 123,279,114 and 122,655,811 shares issued in 2011and 2010, respectively)	1	1
Additional contributed capital	1,646	1,634
Treasury shares, at cost (969,934 in 2011 and 772,686 in 2010)	(8)	(6)
Accumulated other comprehensive loss	(112)	(194)
Accumulated deficit	(570)	(703)
Total Shareholders' Equity attributable to Solutia	957	732
Equity attributable to noncontrolling interest	10	7
Total Equity	967	739
Total Liabilities and Equity	$ 3,656	$ 3,537