Annual report pursuant to Section 13 and 15(d)

FAIR VALUE (Details)

v3.3.1.900
FAIR VALUE (Details) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Fair values of financial instruments    
Non-qualified employee benefit plan investments $ 26 $ 24
Carrying Amount    
Fair values of financial instruments    
Non-qualified employee benefit plan investments 26 22
Investment in equity securities 18  
Long-term debt (including current portion) (4,795) (5,121)
Carrying Amount | Cross currency interest rate contracts    
Fair values of financial instruments    
Derivative contracts - assets 28 48
Carrying Amount | Interest rate contracts    
Fair values of financial instruments    
Derivative contracts - liabilities (4) (7)
Estimated Fair Value    
Fair values of financial instruments    
Non-qualified employee benefit plan investments 26 22
Investment in equity securities 18  
Long-term debt (including current portion) (4,647) (5,210)
Estimated Fair Value | Cross currency interest rate contracts    
Fair values of financial instruments    
Derivative contracts - assets 28 48
Estimated Fair Value | Interest rate contracts    
Fair values of financial instruments    
Derivative contracts - liabilities $ (4) $ (7)