DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 1 Months Ended | |||||||||||||||||||||
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Sep. 30, 2014
USD ($)
|
Sep. 30, 2014
USD ($)
|
Sep. 30, 2014
EUR (€)
|
Sep. 30, 2014
Forward foreign currency contracts
USD ($)
|
Dec. 31, 2009
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
|
Sep. 30, 2014
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
USD ($)
|
Sep. 30, 2014
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
Maximum
USD ($)
|
Sep. 30, 2014
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
LIBOR
|
Jan. 31, 2010
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
|
Sep. 30, 2014
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
USD ($)
|
Sep. 30, 2014
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
Maximum
USD ($)
|
Sep. 30, 2014
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
LIBOR
|
Sep. 30, 2014
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
USD ($)
|
Sep. 30, 2014
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
USD ($)
|
Dec. 31, 2009
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
|
Sep. 30, 2014
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
LIBOR
|
Sep. 30, 2014
Floating to fixed interest rate contract
Sasol Huntsman GmbH and Co. KG
USD ($)
|
Sep. 30, 2014
Floating to fixed interest rate contract
Sasol Huntsman GmbH and Co. KG
EUR (€)
|
Sep. 30, 2014
Floating to fixed interest rate contract
Sasol Huntsman GmbH and Co. KG
USD ($)
|
Sep. 30, 2014
Floating to fixed interest rate contract
Sasol Huntsman GmbH and Co. KG
EUR (€)
|
Dec. 31, 2009
Floating to fixed interest rate contract
Sasol Huntsman GmbH and Co. KG
|
Sep. 30, 2014
Floating to fixed interest rate contract
Sasol Huntsman GmbH and Co. KG
Maximum
USD ($)
|
Sep. 30, 2014
Floating to fixed interest rate contract
Sasol Huntsman GmbH and Co. KG
Maximum
EUR (€)
|
Dec. 31, 2009
Floating to fixed interest rate contract
Sasol Huntsman GmbH and Co. KG
Eurodollar
|
Sep. 30, 2014
Caps interest rate contract
Sasol Huntsman GmbH and Co. KG
USD ($)
|
Sep. 30, 2014
Caps interest rate contract
Sasol Huntsman GmbH and Co. KG
EUR (€)
|
Mar. 31, 2010
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
USD ($)
|
Mar. 31, 2010
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
EUR (€)
|
Sep. 30, 2014
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
USD ($)
item
|
Sep. 30, 2014
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
EUR (€)
item
|
Mar. 15, 2015
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
USD ($)
|
Mar. 15, 2015
Cross Currency Interest Rate Contracts
Designated as Hedging Instrument
EUR (€)
|
Sep. 30, 2014
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 December, 2014
LIBOR
|
Sep. 30, 2011
Forward interest rate contract beginning in January, 2015
|
Sep. 02, 2011
Forward interest rate contract beginning in January, 2015
USD ($)
|
Sep. 30, 2011
Forward interest rate contract beginning in January, 2015
LIBOR
|
|
Derivative Instruments and Hedging Activities | |||||||||||||||||||||||||||||||||||||||
Notional Amounts | $ 731 | $ 731 | € 575 | $ 175 | $ 50 | $ 50 | $ 28 | $ 28 | $ 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% | 5.02% | 3.62% | 2.50% | 2.50% | ||||||||||||||||||||||||||||||||
Variable rate basis | one-month LIBOR | one-month LIBOR | LIBOR | EURIBOR | one-month LIBOR | one-month LIBOR | |||||||||||||||||||||||||||||||||
Fair value of the hedge | 1 | 1 | 3 | 3 | 3 | ||||||||||||||||||||||||||||||||||
Strike price (as a percent) | 3.62% | ||||||||||||||||||||||||||||||||||||||
Notional amount of hedge | 15 | 12 | 15 | 12 | 28 | 22 | |||||||||||||||||||||||||||||||||
Fair value of interest rate derivative not designated as hedging instrument recorded in liabilities | 1 | 1 | |||||||||||||||||||||||||||||||||||||
Additional (reduction of) interest expense due to changes in the fair value of the hedges | (1) | (1) | (1) | ||||||||||||||||||||||||||||||||||||
Maximum maturity period of spot or forward exchange rate contracts | 1 year | ||||||||||||||||||||||||||||||||||||||
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 | 30 | ||||||||||||||||||||||||||||||||||||||
Amount of gain (loss) recognized on the hedge of net investments | 56 | 62 | |||||||||||||||||||||||||||||||||||||
Net euro assets | $ 1,229 | $ 1,229 | € 967 |