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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details)
In Millions, unless otherwise specified |
12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 1 Months Ended | |||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 31, 2013
USD ($)
|
Dec. 31, 2012
USD ($)
|
Dec. 31, 2011
USD ($)
|
Dec. 31, 2013
EUR (€)
|
Dec. 31, 2013
Forward foreign currency contracts
USD ($)
|
Dec. 31, 2012
Forward foreign currency contracts
USD ($)
|
Dec. 31, 2013
Interest rate contracts
Designated as Hedging Instrument
USD ($)
|
Dec. 31, 2012
Interest rate contracts
Designated as Hedging Instrument
USD ($)
|
Dec. 31, 2009
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
|
Dec. 31, 2013
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
USD ($)
|
Dec. 31, 2012
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
USD ($)
|
Jan. 31, 2010
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
|
Dec. 31, 2013
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
USD ($)
|
Dec. 31, 2012
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
USD ($)
|
Dec. 31, 2013
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
USD ($)
|
Dec. 31, 2009
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
|
Dec. 31, 2012
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
USD ($)
|
Dec. 31, 2013
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
Maximum
USD ($)
|
Dec. 31, 2012
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
Maximum
USD ($)
|
Dec. 31, 2013
Floating to fixed interest rate contract
USD ($)
|
Dec. 31, 2013
Floating to fixed interest rate contract
EUR (€)
|
Dec. 31, 2009
Floating to fixed interest rate contract
|
Dec. 31, 2012
Floating to fixed interest rate contract
USD ($)
|
Dec. 31, 2012
Floating to fixed interest rate contract
EUR (€)
|
Dec. 31, 2012
Floating to fixed interest rate contract
Maximum
USD ($)
|
Dec. 31, 2012
Floating to fixed interest rate contract
Maximum
EUR (€)
|
Mar. 31, 2010
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
USD ($)
|
Mar. 31, 2010
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
EUR (€)
|
Dec. 31, 2013
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
USD ($)
item
|
Dec. 31, 2013
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
EUR (€)
item
|
Mar. 15, 2015
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
USD ($)
|
Mar. 15, 2015
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
EUR (€)
|
Dec. 31, 2012
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
USD ($)
|
Dec. 31, 2013
Forward interest rate contract beginning in December, 2014 and January, 2015
USD ($)
|
Dec. 31, 2012
Forward interest rate contract beginning in December, 2014 and January, 2015
USD ($)
|
Sep. 30, 2011
Forward interest rate contract beginning in December, 2014
|
Sep. 02, 2011
Forward interest rate contract beginning in December, 2014
USD ($)
|
Sep. 30, 2011
Forward interest rate contract beginning in January, 2015
|
Sep. 02, 2011
Forward interest rate contract beginning in January, 2015
USD ($)
|
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| Derivative Instruments and Hedging Activities | |||||||||||||||||||||||||||||||||||||||
| Notional Amounts | $ 725 | € 525 | $ 193 | $ 217 | $ 50 | $ 50 | $ 32 | $ 50 | $ 50 | ||||||||||||||||||||||||||||||
| Hedging period of interest rate contract | 5 years | 5 years | 12 years | ||||||||||||||||||||||||||||||||||||
| Fixed percentage to be paid under the hedge | 2.60% | 2.80% | 5.02% | 3.62% | 2.50% | 2.50% | |||||||||||||||||||||||||||||||||
| Variable rate basis | one-month LIBOR rate | one-month LIBOR rate | LIBOR | EURIBOR | one-month LIBOR | one-month LIBOR | |||||||||||||||||||||||||||||||||
| Fair value of the hedge | 1 | 2 | 1 | 3 | 4 | 6 | 3 | 4 | |||||||||||||||||||||||||||||||
| Strike price (as a percent) | 3.62% | ||||||||||||||||||||||||||||||||||||||
| Notional amount of hedge | 42 | 31 | |||||||||||||||||||||||||||||||||||||
| Fair value of interest rate derivative not designated as hedging instrument recorded in other noncurrent liabilities | 1 | 1 | 3 | 2 | |||||||||||||||||||||||||||||||||||
| Additional (reduction of) interest expense due to changes in the fair value of the swap | (2) | (1) | (2) | (1) | (1) | (1) | |||||||||||||||||||||||||||||||||
| Maximum maturity period of spot or forward exchange rate contracts | 3 months | ||||||||||||||||||||||||||||||||||||||
| Changes in accumulated other comprehensive gain (loss) | 3 | (1) | |||||||||||||||||||||||||||||||||||||
| Period of reclassification from accumulated other comprehensive income (loss) to earnings | 12 months | ||||||||||||||||||||||||||||||||||||||
| Approximate term of foreign currency contracts | 1 month | ||||||||||||||||||||||||||||||||||||||
| Interest rate (as a percent) | 8.625% | 8.625% | |||||||||||||||||||||||||||||||||||||
| Number of counterparties | 3 | 3 | |||||||||||||||||||||||||||||||||||||
| Amount paid to counterparties | 350 | ||||||||||||||||||||||||||||||||||||||
| Amount received from counterparties | 255 | ||||||||||||||||||||||||||||||||||||||
| Amount payable to counterparties on maturity of derivative contract | 255 | ||||||||||||||||||||||||||||||||||||||
| Amount receivable from counterparties on maturity of derivative contract | 350 | ||||||||||||||||||||||||||||||||||||||
| U.S. dollar interest payments to be received on March 15 and September 15 of each year | 15 | ||||||||||||||||||||||||||||||||||||||
| Equivalent annual rate of interest receivable (as a percent) | 8.625% | 8.625% | |||||||||||||||||||||||||||||||||||||
| U.S. dollar interest payments to be made on March 15 and September 15 of each year | 11 | ||||||||||||||||||||||||||||||||||||||
| Equivalent annual rate of interest payable (as a percent) | 8.41% | 8.41% | |||||||||||||||||||||||||||||||||||||
| Fair value of the swap | 2 | 18 | |||||||||||||||||||||||||||||||||||||
| Amount of gain (loss) recognized on the hedge of net investments | (22) | (11) | 5 | ||||||||||||||||||||||||||||||||||||
| Net euro assets | $ 1,364 | € 988 | |||||||||||||||||||||||||||||||||||||