Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

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VARIABLE INTEREST ENTITIES (Details) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
item
Dec. 31, 2013
Assets and liabilities of VIE    
Current assets $ 4,448 $ 4,159
Property, plant and equipment, net 3,776 [1] 3,824 [1]
Other noncurrent assets 483 [1] 458 [1]
Deferred income taxes 240 243
Intangible assets, net 75 [1] 87 [1]
Goodwill 130 131
Total assets 9,442 9,188
Current liabilities 2,144 2,159
Long-term debt 3,809 [1] 3,633 [1]
Deferred income taxes 270 313
Other noncurrent liabilities 906 [1] 948 [1]
Total liabilities 7,134 7,059
Noncontrolling interest (as a percent) 100.00%  
Consolidated VIE's
   
Identification of variable interest entities through investments and transactions    
Number of joint ventures 4  
Assets and liabilities of VIE    
Property, plant and equipment, net 357 369
Other noncurrent assets 26 28
Intangible assets, net 18 17
Long-term debt 51 64
Other noncurrent liabilities 39 45
Rubicon LLC, Pacific Iron Products, Arabian Amines and Sasol Huntsman GmbH and Co. KG
   
Assets and liabilities of VIE    
Current assets 189 147
Property, plant and equipment, net 357 369
Other noncurrent assets 70 76
Deferred income taxes 28 28
Intangible assets, net 18 17
Goodwill 16 16
Total assets 678 653
Current liabilities 364 330
Long-term debt 57 72
Deferred income taxes 9 9
Other noncurrent liabilities 39 45
Total liabilities $ 469 $ 456
Sasol Huntsman GmbH and Co. KG
   
Assets and liabilities of VIE    
Noncontrolling interest (as a percent) 50.00%  
[1] At June 30, 2014 and December 31, 2013, respectively, $38 and $39 of cash and cash equivalents, $9 each of restricted cash, $45 and $41 of accounts and notes receivable (net), $57 and $54 of inventories, $6 and $3 of other current assets, $357 and $369 of property, plant and equipment (net), $18 and $17 of intangible assets (net), $26 and $28 of other noncurrent assets, $86 and $73 of accounts payable, $32 each of accrued liabilities, $180 and $183 of current portion of debt, $51 and $64 of long term debt, and $39 and $45 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See ?Note 5. Variable Interest Entities.?