Annual report pursuant to Section 13 and 15(d)

VARIABLE INTEREST ENTITIES (Details)

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VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Oct. 01, 2014
Dec. 31, 2013
Mar. 31, 2011
Assets and liabilities of VIE          
Current assets $ 3,834 $ 5,039      
Property, plant and equipment, net 4,446 [1] 4,423 [1]   $ 3,824  
Other noncurrent assets [1] 573 459      
Deferred income taxes 418 435      
Intangible assets, net [1] 86 95      
Goodwill 116 122      
Total assets 9,820 10,923   $ 9,159  
Current liabilities 1,917 2,332      
Long-term debt [1] 4,625 4,854      
Deferred income taxes 422 333      
Other noncurrent liabilities [1] 1,226 1,447      
Total liabilities $ 8,191 8,972      
Noncontrolling interest (as a percent) 100.00%        
Consolidated VIE's          
Assets and liabilities of VIE          
Property, plant and equipment, net $ 307 339      
Other noncurrent assets 38 27      
Intangible assets, net 36 40      
Long-term debt 137 36      
Other noncurrent liabilities 54 97      
Rubicon LLC, Pacific Iron Products, Arabian Amines and Sasol Huntsman GmbH, Co. KG and Viance          
Assets and liabilities of VIE          
Current assets 121 186      
Property, plant and equipment, net 307 340      
Other noncurrent assets 95 70      
Deferred income taxes 35 50      
Intangible assets, net 36 39      
Goodwill 13 14      
Total assets 607 699      
Current liabilities 159 356      
Long-term debt 140 42      
Deferred income taxes 11 9      
Other noncurrent liabilities 54 97      
Total liabilities $ 364 $ 504      
Sasol Huntsman GmbH and Co. KG          
Assets and liabilities of VIE          
Noncontrolling interest (as a percent)         50.00%
Viance          
Assets and liabilities of VIE          
Noncontrolling interest (as a percent)     50.00%    
[1] At December 31, 2015 and December 31, 2014, respectively, $34 and $46 of cash and cash equivalents, $12 and $10 of restricted cash, $26 and $41 of accounts and notes receivable (net), $54 and $68 of inventories, $5 and $6 of other current assets, $307 and $339 of property, plant and equipment (net), $36 and $40 of intangible assets (net), $38 and $27 of other noncurrent assets, $82 and $92 of accounts payable, $27 and $37 of accrued liabilities, $15 and $172 of current portion of debt, $137 and $36 of longterm debt, and $54 and $97 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See “Note 7. Variable Interest Entities.”