Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION PLANS (Details)

v3.3.1.900
STOCK-BASED COMPENSATION PLANS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
STOCK-BASED COMPENSATION PLANS      
Authorized number of shares to be granted under the Stock Incentive Plan 37,200    
Remaining shares available for grant 7,000    
Vesting period 3 years    
Compensation cost from continuing operations $ 30 $ 28 $ 29
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements $ 6 $ 6 $ 7
Stock options      
STOCK-BASED COMPENSATION PLANS      
Vesting period 2 years    
Weighted average of the assumptions utilized for stock options granted      
Dividend yield (as a percent) 2.30% 2.40% 2.80%
Expected volatility (as a percent) 57.60% 60.30% 62.50%
Risk-free interest rate (as a percent) 1.40% 1.70% 1.00%
Expected life of stock options granted during the period 5 years 10 months 24 days 5 years 8 months 12 days 5 years 7 months 6 days
Option Awards, Shares      
Outstanding at the beginning of the period (in shares) 8,781    
Granted (in shares) 1,011    
Exercised (in shares) (49)    
Forfeited (in shares) (199)    
Outstanding at the end of the period (in shares) 9,544 8,781  
Exercisable at the end of the period (in shares) 7,449    
Option Awards, Weighted Average Exercise Price      
Outstanding at the beginning of the period (in dollars per share) $ 14.84    
Granted (in dollars per share) 22.21    
Exercised (in dollars per share) 16.43    
Forfeited (in dollars per share) 19.70    
Outstanding at the end of the period (in dollars per share) 15.51 $ 14.84  
Exercisable at the end of the period (in dollars per share) $ 13.95    
Outstanding, Weighted Average Remaining Contractual Term 4 years 9 months 18 days    
Exercisable, Weighted Average Remaining Contractual Term 3 years 8 months 12 days    
Outstanding, Aggregate Intrinsic Value $ 17    
Exercisable, Aggregate Intrinsic Value $ 17    
Weighted-average grant-date fair value of stock options granted (in dollars per share) $ 9.81 $ 9.63 $ 7.93
Total unrecognized compensation cost related to nonvested share-based compensation arrangements granted under the Stock Incentive Plan $ 11    
Weighted-average period over which cost is expected to be recognized   1 year 9 months 18 days  
Total intrinsic value of stock options exercised $ 0 $ 14 $ 14
Maximum | Stock options      
STOCK-BASED COMPENSATION PLANS      
Contractual term 10 years    
Huntsman International      
STOCK-BASED COMPENSATION PLANS      
Compensation cost from continuing operations $ 29 $ 27 $ 28