Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATIONS (Details)

v3.2.0.727
BUSINESS COMBINATIONS (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended
Oct. 01, 2014
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Acquisition cost            
Purchase price adjustment received in 2015       $ (18)    
Fair value of assets acquired and liabilities assumed:            
Goodwill   $ 119   119   $ 122
Huntsman International            
Acquisition cost            
Purchase price adjustment received in 2015       (18)    
Fair value of assets acquired and liabilities assumed:            
Goodwill   119   119   $ 122
Rockwood Holdings, Inc            
Acquisition cost            
Cash payments $ 1,038          
Purchase price adjustment received in 2015 (18)          
Expected purchase price adjustment receivable (1)          
Expected net acquisition cost 1,019          
Transaction related costs   $ 0 $ 0 $ 0 $ 5  
Fair value of assets acquired and liabilities assumed:            
Cash 78          
Accounts receivable, net 220          
Inventories 400          
Prepaid expenses and other current assets 46          
Property, plant and equipment 597          
Intangible assets 33          
Deferred income taxes, non-current 126          
Other assets 9          
Accounts payable (146)          
Accrued expenses and other current liabilities (80)          
Long-term debt, non-current (3)          
Pension and related liabilities (233)          
Deferred income taxes, non-current (10)          
Other liabilities (18)          
Total fair value of net assets acquired 1,019          
Goodwill $ 0          
Estimated pro forma revenues and net income (loss) attributable to business acquisition            
Revenues     3,395   6,528  
Net income attributable to business acquisition     $ 142   $ 211  
Basic     $ 0.59   $ 0.87  
Diluted     $ 0.58   $ 0.86  
Rockwood Holdings, Inc | Huntsman International            
Estimated pro forma revenues and net income (loss) attributable to business acquisition            
Revenues     $ 3,395   $ 6,528  
Net income attributable to business acquisition     $ 143   $ 215