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TAXES ON INCOME Taxes on Income - Deferred Tax Assets and Liabilities (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Successor
Dec. 31, 2011
Predecessor
Other postretirement benefits $ 52 $ 13
Derivative financial instruments (interest rates) 13 4
Other 18 20
Total deferred income tax assets 83 37
Property, plant and equipment (925) (559)
Other (2) (7)
Total deferred income tax liabilities (927) (566)
Net deferred income tax liability (844) (529)
Less current income tax assets 9 9
Accumulated deferred income taxes $ (853) $ (538)