Annual report pursuant to Section 13 and 15(d)

EMPLOYEE BENEFIT PLANS (Details)

v3.3.1.900
EMPLOYEE BENEFIT PLANS (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2015
Dec. 31, 2014
Oct. 01, 2014
Amounts recognized in balance sheet:            
Noncurrent asset       $ 35 $ 8  
Rockwood Holdings, Inc            
EMPLOYEE BENEFIT PLANS            
Pension and related liabilities assumed in acquisition           $ 233
Defined Benefit Plans            
EMPLOYEE BENEFIT PLANS            
Non-discretionary employer contributions (as a percent) 6.00%          
Employer matching contribution (as a percent) 4.00%          
Total Employer contribution (as a percent) 10.00%          
Change in plan assets            
Fair value of plan assets at beginning of year $ 3,300          
Fair value of plan assets at end of year 3,200 $ 3,300        
Funded status            
Fair value of plan assets $ 3,300 3,300   3,200 3,300  
Defined Benefit Plans | Minimum            
EMPLOYEE BENEFIT PLANS            
Annual pay credits, percentage of eligible pay 4.00%          
Additional annual pay credits, percentage of eligible pay for participants in the plan on July 1, 2004 1.00%          
Defined Benefit Plans | Maximum            
EMPLOYEE BENEFIT PLANS            
Annual pay credits, percentage of eligible pay 12.00%          
Additional annual pay credits, percentage of eligible pay for participants in the plan on July 1, 2004 8.00%          
Period of additional annual pay credits 5 years          
U.S. Defined Benefit Plans            
Change in benefit obligation            
Benefit obligation at beginning of year $ 1,001 877        
Service cost 32 27 $ 31      
Interest cost 43 45 40      
Acquisitions/divestitures   9        
Actuarial loss (gain) (65) 129        
Benefits paid (50) (86)        
Benefit obligation at end of year 961 1,001 877      
Change in plan assets            
Fair value of plan assets at beginning of year 761 755        
Actual return on plan assets (10) 41        
Acquisitions/divestitures   6        
Company contributions 21 45        
Benefits paid (50) (86)        
Fair value of plan assets at end of year 722 761 755      
Funded status            
Fair value of plan assets 761 755 755 722 761  
Benefit obligation 1,001 877 877 961 1,001  
Accrued benefit cost       (239) (240)  
Amounts recognized in balance sheet:            
Current liability       (6) (6)  
Noncurrent liability       (233) (234)  
Total       (239) (240)  
Non-U.S. Defined Benefit Plans            
Change in benefit obligation            
Benefit obligation at beginning of year 3,317 2,859        
Service cost 40 32 38      
Interest cost 79 102 90      
Participant contributions 6 7        
Plan amendments (31) (6)        
Acquisitions/divestitures   333        
Foreign currency exchange rate changes (210) (294)        
Curtailments (4) (1)        
Special termination benefits 3 3 9      
Actuarial loss (gain) (65) 458        
Benefits paid (125) (176)        
Benefit obligation at end of year 3,010 3,317 2,859      
Change in plan assets            
Fair value of plan assets at beginning of year 2,587 2,443        
Actual return on plan assets 40 337        
Foreign currency exchange rate changes (153) (235)        
Participant contributions 6 7        
Acquisitions/divestitures   106        
Company contributions 76 105        
Benefits paid (125) (176)        
Fair value of plan assets at end of year 2,431 2,587 2,443      
Funded status            
Fair value of plan assets 2,587 2,443 2,443 2,431 2,587  
Benefit obligation 3,317 2,859 2,859 3,010 3,317  
Accrued benefit cost       (579) (730)  
Amounts recognized in balance sheet:            
Noncurrent asset       35 8  
Current liability       (5) (7)  
Noncurrent liability       (609) (731)  
Total       (579) (730)  
U.S. Other Postretirement Benefit Plans            
Change in benefit obligation            
Benefit obligation at beginning of year 137 105        
Service cost 4 3 4      
Interest cost 5 5 5      
Participant contributions 3 3        
Plan amendments (40)          
Acquisitions/divestitures   3        
Actuarial loss (gain) (9) 30        
Benefits paid (12) (12)        
Benefit obligation at end of year 88 137 105      
Change in plan assets            
Participant contributions 3 3        
Company contributions 9 9        
Benefits paid (12) (12)        
Funded status            
Benefit obligation 137 105 105 88 137  
Accrued benefit cost       (88) (137)  
Amounts recognized in balance sheet:            
Current liability       (9) (9)  
Noncurrent liability       (79) (128)  
Total       (88) (137)  
Non-U.S. Other Postretirement Benefit Plans            
Change in benefit obligation            
Benefit obligation at beginning of year 6 5        
Foreign currency exchange rate changes (1)          
Actuarial loss (gain)   1        
Benefit obligation at end of year 5 6 5      
Funded status            
Benefit obligation $ 6 $ 5 $ 5 5 6  
Accrued benefit cost       (5) (6)  
Amounts recognized in balance sheet:            
Noncurrent liability       (5) (6)  
Total       $ (5) $ (6)