Restructuring (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Restructuring and Related Costs

The following table summarizes restructuring information by type of cost:

	Workforce Reductions			Site Closure Costs			Other Projects		Total
Restructuring costs expected to be incurred	$	25		$	9		$	1	$	35
Cumulative restructuring costs incurred through December 31, 2012	$	22		$	9		$	—	$	31
Accrued liability at December 31, 2011	$	6		$	—		$	—	$	6
Restructuring charges		16			9			—		25
Payments		(13	)		(9	)		—		(22	)
Accrued liability at December 31, 2012	$	9		$	—		$	—	$	9

The following table summarizes restructuring information by reporting segment:

	Epoxy, Phenolic and Coating Resins			Forest Products Resins			Corporate and Other			Total
Restructuring costs expected to be incurred	$	13		$	20		$	2		$	35
Cumulative restructuring costs incurred through December 31, 2012	$	12		$	19		$	—		$	31
Accrued liability at December 31, 2011	$	1		$	2		$	3		$	6
Restructuring charges (releases)		11			17			(3	)		25
Payments		(5	)		(17	)		—			(22	)
Accrued liability at December 31, 2012	$	7		$	2		$	—		$	9

The following table summarizes restructuring information by type of cost:

	Workforce Reductions			Site Closure Costs			Other Projects			Total
Cumulative restructuring costs incurred through December 31, 2010	$	46		$	5		$	4		$	55
Accrued liability at December 31, 2009	$	20		$	—		$	—		$	20
Restructuring charges		10			3			2			15
Payments		(23	)		(3	)		(2	)		(28	)
Accrued liability at December 31, 2010	$	7		$	—		$	—		$	7

The following table summarizes restructuring information by reporting segment:

	Epoxy, Phenolic and Coating Resins			Forest Products Resins			Corporate and Other			Total
Cumulative restructuring costs incurred through December 31, 2010	$	43		$	5		$	7		$	55
Accrued liability at December 31, 2009	$	15		$	2		$	3		$	20
Restructuring charges		14			1			—			15
Payments		(24	)		(2	)		(2	)		(28	)
Accrued liability at December 31, 2010	$	5		$	1		$	1		$	7