Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATIONS (Details)

v3.3.0.814
BUSINESS COMBINATIONS (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Jun. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Oct. 01, 2014
Acquisition cost              
Purchase price adjustment received in 2015       $ (18)      
Fair value of assets acquired and liabilities assumed:              
Goodwill $ 117     117   $ 122  
Huntsman International              
Acquisition cost              
Purchase price adjustment received in 2015       (18)      
Fair value of assets acquired and liabilities assumed:              
Goodwill $ 117     117   $ 122  
Rockwood Holdings, Inc              
Acquisition cost              
Cash payments       1,038      
Purchase price adjustment received in 2015   $ (18)   (18)      
Net acquisition cost       $ 1,020      
Transaction related costs   $ 5 $ 10    
Fair value of assets acquired and liabilities assumed:              
Cash             $ 77
Accounts receivable, net             220
Inventories             401
Prepaid expenses and other current assets             55
Property, plant and equipment             665
Intangible assets             31
Deferred income taxes, non-current             106
Other assets             8
Accounts payable             (146)
Accrued expenses and other current liabilities             (106)
Long-term debt, non-current             (3)
Pension and related liabilities             (233)
Deferred income taxes, non-current             (9)
Other liabilities             (30)
Total fair value of net assets acquired             1,036
Noncontrolliing interest             (16)
Total             1,020
Goodwill             $ 0
Estimated pro forma revenues and net income (loss) attributable to business acquisition              
Revenues     3,257   9,786    
Net income attributable to business acquisition     $ 203   $ 410    
Basic     $ 0.84   $ 1.70    
Diluted     $ 0.82   $ 1.67    
Rockwood Holdings, Inc | Developed technology              
Acquisition cost              
Acquired intangible assets estimated useful life       9 years      
Rockwood Holdings, Inc | Trademarks              
Acquisition cost              
Acquired intangible assets estimated useful life       9 years      
Rockwood Holdings, Inc | Customer relationships              
Acquisition cost              
Acquired intangible assets estimated useful life       9 years      
Rockwood Holdings, Inc | Viance              
Acquisition cost              
Ownership interest of noncontrolling interest (as a percent)             50.00%
Rockwood Holdings, Inc | Huntsman International              
Estimated pro forma revenues and net income (loss) attributable to business acquisition              
Revenues     $ 3,257   $ 9,786    
Net income attributable to business acquisition     $ 213   $ 424