Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION PLANS (Details)

v3.2.0.727
STOCK-BASED COMPENSATION PLANS (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
STOCK-BASED COMPENSATION PLANS        
Authorized number of shares to be granted under the Stock Incentive Plan 37,200,000   37,200,000  
Remaining shares available for grant 7,000,000   7,000,000  
Compensation cost from continuing operations $ 8 $ 8 $ 17 $ 16
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements     $ 3 $ 3
Stock-based awards        
STOCK-BASED COMPENSATION PLANS        
Vesting period     3 years  
Performance Awards        
STOCK-BASED COMPENSATION PLANS        
Vesting period     2 years  
Weighted average of the assumptions utilized for stock options granted        
Risk-free interest rate (as a percent)     0.70%  
Stock options        
Weighted average of the assumptions utilized for stock options granted        
Dividend yield (as a percent)     2.20% 2.40%
Expected volatility (as a percent)     58.00% 60.30%
Risk-free interest rate (as a percent)     1.40% 1.70%
Expected life of stock options granted during the period     5 years 10 months 24 days 5 years 8 months 12 days
Option Awards, Shares        
Outstanding at the beginning of the period (in shares)     8,781,000  
Granted (in shares) 0 0 938,000  
Exercised (in shares)     (49,000)  
Outstanding at the end of the period (in shares) 9,670,000   9,670,000  
Exercisable at the end of the period (in shares) 7,596,000   7,596,000  
Option Awards, Weighted Average Exercise Price        
Outstanding at the beginning of the period (in dollars per share)     $ 14.84  
Granted (in dollars per share)     22.77  
Exercised (in dollars per share)     16.43  
Outstanding at the end of the period (in dollars per share) $ 15.60   15.60  
Exercisable at the end of the period (in dollars per share) $ 14.06   $ 14.06  
Outstanding, Weighted Average Remaining Contractual Term     5 years 2 months 12 days  
Exercisable, Weighted Average Remaining Contractual Term     4 years 2 months 12 days  
Outstanding, Aggregate Intrinsic Value $ 63   $ 63  
Exercisable, Aggregate Intrinsic Value 61   $ 61  
Weighted-average grant-date fair value of stock options granted (in dollars per share)     $ 10.14  
Total unrecognized compensation cost related to nonvested share-based compensation arrangements granted under the Stock Incentive Plan 15   $ 15  
Weighted-average period over which cost is expected to be recognized     2 years  
Total intrinsic value of stock options exercised     $ 0 $ 8
Stock options | Maximum        
STOCK-BASED COMPENSATION PLANS        
Contractual term     10 years  
Huntsman International        
STOCK-BASED COMPENSATION PLANS        
Compensation cost from continuing operations $ 8 $ 8 $ 16 15
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements     $ 3 $ 3