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LONG-TERM EMPLOYEE BENEFIT LIABILITIES (Tables) | 12 Months Ended
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Dec. 31, 2012
Long-term employee benefit liabilities | Long-term employee benefit liabilities consist of:
|  | 2012 |  |  | 2011 |  |  | 2010 |
Defined benefit pension plans and other [a] |  | $ | 230 |  |  | $ | 143 |  |  | $ | 97 |
Termination and long service arrangements [b] |  |  | 286 |  |  |  | 229 |  |  |  | 212 |
Retirement medical benefits plans [c] |  |  | 39 |  |  |  | 37 |  |  |  | 34 |
Other long-term employee benefits |  |  | 5 |  |  |  | 10 |  |  |  | 13 |
Long-term employee benefit obligations |  | $ | 560 |  |  | $ | 419 |  |  | $ | 356 |
Schedule of Company's defined benefit pension plan | Information about the Company’s defined benefit pension plans is as follows:
|  | 2012 |  |  | 2011 |  |  | 2010 |
Projected benefit obligation |  |  |  |  |  |  |  |  |  |  |  |
Beginning of year |  | $ | 403 |  |  | $ | 352 |  |  | $ | 330 |
Current service cost |  |  | 12 |  |  |  | 11 |  |  |  | 11 |
Interest cost |  |  | 19 |  |  |  | 19 |  |  |  | 18 |
Actuarial losses (gains) and changes in actuarial assumptions |  |  | 50 |  |  |  | 42 |  |  |  | (5 | )
Benefits paid |  |  | (19 | ) |  |  | (14 | ) |  |  | (17 | )
Special termination benefit |  |  | — |  |  |  | 1 |  |  |  | 8 |
Acquisition |  |  | 49 |  |  |  | — |  |  |  | 5 |
Divestitures |  |  | — |  |  |  | (3 | ) |  |  | — |
Currency translation |  |  | 6 |  |  |  | (5 | ) |  |  | 2 |
End of year |  |  | 520 |  |  |  | 403 |  |  |  | 352 |
Plan assets at fair value |  |  |  |  |  |  |  |  |  |  |  |
Beginning of year |  |  | 259 |  |  |  | 253 |  |  |  | 218 |
Return on plan assets |  |  | 26 |  |  |  | — |  |  |  | 25 |
Employer contributions |  |  | 19 |  |  |  | 24 |  |  |  | 21 |
Benefits paid |  |  | (19 | ) |  |  | (14 | ) |  |  | (15 | )
Currency translation |  |  | 3 |  |  |  | (4 | ) |  |  | 4 |
End of year |  |  | 288 |  |  |  | 259 |  |  |  | 253 |
Ending funded status |  | $ | 232 |  |  | $ | 144 |  |  | $ | 99 |
|  | 2012 |  |  | 2011 |  |  | 2010 |
Amounts recorded in the consolidated balance sheet |  |  |  |  |  |  |  |  |  |  |  |
Non-current asset |  | $ | — |  |  | $ | (1 | ) |  | $ | — |
Current liability |  |  | 2 |  |  |  | 2 |  |  |  | 2 |
Non-current liability |  |  | 230 |  |  |  | 143 |  |  |  | 97 |
Net amount |  | $ | 232 |  |  | $ | 144 |  |  | $ | 99 |
Amounts recorded in accumulated other comprehensive income |  |  |  |  |  |  |  |  |  |  |  |
Unrecognized actuarial losses |  | $ | (142 | ) |  | $ | (101 | ) |  | $ | (42 | )
Net periodic benefit cost |  |  |  |  |  |  |  |  |  |  |  |
Current service cost |  | $ | 12 |  |  | $ | 11 |  |  | $ | 11 |
Interest cost |  |  | 19 |  |  |  | 19 |  |  |  | 18 |
Return on plan assets |  |  | (19 | ) |  |  | (19 | ) |  |  | (17 | )
Actuarial losses |  |  | 3 |  |  |  | 1 |  |  |  | 2 |
Special termination benefit |  |  | — |  |  |  | 1 |  |  |  | 8 |
Net periodic benefit cost |  | $ | 15 |  |  | $ | 13 |  |  | $ | 22 |
Future benefit payments |
[d] | Future benefit payments
|  | Defined benefit pension plans |  |  | Termination and long service arrangements |  |  | Retirement medical benefits plans |  |  | Total |
Expected employer contributions - 2013 |  | $ | 30 |  |  | $ | 10 |  |  | $ | 2 |  |  | $ | 42 |
Expected benefit payments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2013 |  | $ | 17 |  |  | $ | 10 |  |  | $ | 2 |  |  | $ | 29 |
2014 |  |  | 15 |  |  |  | 10 |  |  |  | 2 |  |  |  | 27 |
2015 |  |  | 16 |  |  |  | 11 |  |  |  | 2 |  |  |  | 29 |
2016 |  |  | 16 |  |  |  | 12 |  |  |  | 3 |  |  |  | 31 |
2017 |  |  | 17 |  |  |  | 13 |  |  |  | 3 |  |  |  | 33 |
Thereafter |  |  | 93 |  |  |  | 95 |  |  |  | 12 |  |  |  | 200 |
|  | $ | 174 |  |  | $ | 151 |  |  | $ | 24 |  |  | $ | 349 |
Asset allocation of defined benefit pension plans | The asset allocation of the Company’s defined benefit pension plans at December 31, 2012 and 2011, and the target allocation for 2013 is as follows:
|  | 2013 |  |  | 2012 |  |  | 2011 |
Equity securities |  |  | 55-75 | % |  |  | 57 | % |  |  | 60 | %
Fixed income securities |  |  | 25-45 | % |  |  | 42 | % |  |  | 39 | %
Cash and cash equivalents |  |  | 0-15 | % |  |  | 1 | % |  |  | 1 | %
|  |  | 100 | % |  |  | 100 | % |  |  | 100 | %
Pension Plans, Defined Benefit [Member] |
Summary of weighted average significant actuarial assumptions adopted in measuring Company's obligations and cost | The weighted average significant actuarial assumptions adopted in measuring the Company’s obligations and costs are as follows:
|  | 2012 |  |  | 2011 |  |  | 2010 |
Projected benefit obligation |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.1 | % |  |  | 4.7 | % |  |  | 5.5 | %
Rate of compensation increase |  |  | 2.8 | % |  |  | 2.8 | % |  |  | 2.6 | %
Net periodic benefit cost |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.7 | % |  |  | 5.2 | % |  |  | 5.9 | %
Rate of compensation increase |  |  | 2.8 | % |  |  | 2.7 | % |  |  | 3.5 | %
Expected return on plan assets |  |  | 7.0 | % |  |  | 7.1 | % |  |  | 7.7 | %
Termination And Long Service Arrangements [Member] |
Summary of weighted average significant actuarial assumptions adopted in measuring Company's obligations and cost | The weighted average significant actuarial assumptions adopted in measuring the Company’s projected termination and long service benefit obligations and net periodic benefit cost are as follows:
|  | 2012 |  |  | 2011 |  |  | 2010 |
Discount rate |  |  | 4.2 | % |  |  | 5.4 | % |  |  | 4.9 | %
Rate of compensation increase |  |  | 3.9 | % |  |  | 4.0 | % |  |  | 3.9 | %
Schedule of Company's defined benefit pension plan | Information about the Company’s termination and long service arrangements is as follows:
|  | 2012 |  |  | 2011 |  |  | 2010 |
Projected benefit obligation |  |  |  |  |  |  |  |  |  |  |  |
Beginning of year |  | $ | 237 |  |  | $ | 220 |  |  | $ | 190 |
Current service cost |  |  | 15 |  |  |  | 14 |  |  |  | 13 |
Interest cost |  |  | 12 |  |  |  | 10 |  |  |  | 11 |
Actuarial losses and changes in actuarial assumptions |  |  | 41 |  |  |  | 14 |  |  |  | 33 |
Benefits paid |  |  | (12 | ) |  |  | (11 | ) |  |  | (12 | )
Curtailment |  |  | (4 | ) |  |  | — |  |  |  | — |
Divestitures |  |  | — |  |  |  | — |  |  |  | (3 | )
Currency translation |  |  | 7 |  |  |  | (10 | ) |  |  | (12 | )
Ending funded status |  | $ | 296 |  |  | $ | 237 |  |  | $ | 220 |
Amounts recorded in the consolidated balance sheet |  |  |  |  |  |  |  |  |  |  |  |
Current liability |  | $ | 10 |  |  | $ | 8 |  |  | $ | 8 |
Non-current liability |  |  | 286 |  |  |  | 229 |  |  |  | 212 |
Net amount |  | $ | 296 |  |  | $ | 237 |  |  | $ | 220 |
Amounts recorded in accumulated other comprehensive income |  |  |  |  |  |  |  |  |  |  |  |
Unrecognized actuarial losses |  | $ | (73 | ) |  | $ | (45 | ) |  | $ | (41 | )
Net periodic benefit cost |  |  |  |  |  |  |  |  |  |  |  |
Current service cost |  | $ | 15 |  |  | $ | 14 |  |  | $ | 13 |
Interest cost |  |  | 12 |  |  |  | 10 |  |  |  | 11 |
Actuarial losses |  |  | 12 |  |  |  | 6 |  |  |  | 5 |
Net periodic benefit cost |  | $ | 39 |  |  | $ | 30 |  |  | $ | 29 |
Retirement Medical Benefits Plans [Member] |
Summary of weighted average significant actuarial assumptions adopted in measuring Company's obligations and cost | The weighted average discount rates used in measuring the Company’s projected retirement medical benefit obligations and net periodic benefit cost are as follows:
|  | 2012 |  |  | 2011 |  |  | 2010 |
Retirement medical benefit obligations |  |  | 3.6 | % |  |  | 4.2 | % |  |  | 5.4 | %
Net periodic benefit cost |  |  | 4.2 | % |  |  | 5.4 | % |  |  | 5.7 | %
Health care cost inflation |  |  | 8.0 | % |  |  | 9.2 | % |  |  | 9.2 | %
Schedule of Company's defined benefit pension plan | Information about the Company’s retirement medical benefits plans are as follows:
|  | 2012 |  |  | 2011 |  |  | 2010 |
Projected benefit obligation |  |  |  |  |  |  |  |  |  |  |  |
Beginning of year |  | $ | 39 |  |  | $ | 36 |  |  | $ | 36 |
Interest cost |  |  | 2 |  |  |  | 2 |  |  |  | 2 |
Actuarial losses and changes in actuarial assumptions |  |  | 3 |  |  |  | 4 |  |  |  | 1 |
Benefits paid |  |  | (3 | ) |  |  | (3 | ) |  |  | (3 | )
Ending funded status |  | $ | 41 |  |  | $ | 39 |  |  | $ | 36 |
Amounts recorded in the consolidated balance sheet |  |  |  |  |  |  |  |  |  |  |  |
Current liability |  | $ | 2 |  |  | $ | 2 |  |  | $ | 2 |
Non-current liability |  |  | 39 |  |  |  | 37 |  |  |  | 34 |
Net amount |  | $ | 41 |  |  | $ | 39 |  |  | $ | 36 |
Amounts recorded in accumulated other comprehensive income |  |  |  |  |  |  |  |  |  |  |  |
Unrecognized past service costs |  | $ | 3 |  |  | $ | 3 |  |  | $ | 4 |
Unrecognized actuarial gains |  |  | 8 |  |  |  | 12 |  |  |  | 18 |
Total accumulated other comprehensive income |  | $ | 11 |  |  | $ | 15 |  |  | $ | 22 |
Net periodic benefit cost |  |  |  |  |  |  |  |  |  |  |  |
Interest cost |  | $ | 2 |  |  | $ | 2 |  |  | $ | 2 |
Actuarial gains |  |  | (1 | ) |  |  | (1 | ) |  |  | (1 | )
Past service cost amortization |  |  | — |  |  |  | (1 | ) |  |  | — |
Net periodic benefit cost |  | $ | 1 |  |  | $ | — |  |  | $ | 1 |

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- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(5) -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 158 -Paragraph 4, 7, 16, 20, 21 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2417-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=21916443&loc=d3e4179-114921 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 132R -Paragraph 5 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2410-114920 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2439-114920 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 132R -Paragraph 5, 6, 7 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920 + Details
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