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Supplemental Information (Notes)
6 Months Ended
Jun. 30, 2022
Supplemental Cash Flow Information [Abstract]  
Supplemental Information Supplemental Information
Equity Method Investments
LACC, LLC Joint Venture
On March 15, 2022, the Company completed the acquisition of an additional 3.2% of the membership interests in LACC, LLC ("LACC"), from Lotte Chemical Corporation for $89. The Company accounts for its investment in LACC under the equity method of accounting and changes for the six months ended June 30, 2022 were as follows:
Investment in LACC
Balance at December 31, 2021$943 
Cash contributions67 
Additional interest purchased89 
Depreciation and amortization(19)
Balance at June 30, 2022$1,080 
Other Assets, Net
Other assets, net were $527 and $417 at June 30, 2022 and December 31, 2021, respectively. Deferred turnaround costs, net of accumulated amortization, included in other assets, net were $298 and $261 at June 30, 2022 and December 31, 2021, respectively.
Accrued and Other Liabilities
Accrued and other liabilities were $1,359 and $1,196 at June 30, 2022 and December 31, 2021, respectively. Accrued rebates and accrued income taxes, which are components of accrued and other liabilities, were $223 and $139, respectively, at June 30, 2022 and $213 and $88, respectively, at December 31, 2021. No other component of accrued and other liabilities was more than five percent of total current liabilities. Accrued liabilities with related parties were $35 and $49 at June 30, 2022 and December 31, 2021, respectively.
Restructuring, Transaction and Integration-Related Costs
The restructuring, transaction and integration-related costs of $7 for the three months ended June 30, 2022 and $18 for the six months ended June 30, 2022 primarily consisted of costs associated with the Company's recent acquisitions. There were no restructuring, transaction and integration-related costs during the three and six months ended June 30, 2021.
Non-cash Investing Activity
Capital expenditure related liabilities, included in accounts payable and accrued and other liabilities, were $167 and $57 at June 30, 2022 and June 30, 2021, respectively.
Operating Lease Supplemental Cash Flow
Right-of-use assets obtained in exchange for operating lease obligations were $115 and $45 for the six months ended June 30, 2022 and 2021, respectively.