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Other Non-Current Assets
12 Months Ended
Dec. 31, 2011
Other Non-Current Assets [Abstract]  
OTHER NON-CURRENT ASSETS

12. OTHER NON-CURRENT ASSETS

Other non-current assets consisted of the following:

 

 

                 
    December 31,
2011
    December 31,
2010
 

Available-for-sale equity securities

    9       11  

Held-for-trading equity securities

    7       7  

Long-term State receivables

    366       286  

Long-term receivables from third parties

    12       19  

Prepaid for pension

    1       4  

Derivative instruments designated as cash flow-hedge

    —         6  

Deposits and other non-current assets

    37       23  
   

 

 

   

 

 

 

Total

    432       356  
   

 

 

   

 

 

 

Long-term State receivables include receivables related to funding and receivables related to tax refund. Funding are mainly public grants to be received from governmental agencies in Italy and France as part of long-term research and development, industrialization and capital investment projects. Long-term receivables related to tax refund correspond to tax benefits claimed by the Company in certain of its local tax jurisdictions, for which collection is expected beyond one year.