Annual report pursuant to Section 13 and 15(d)

BUSINESS COMBINATIONS AND DISPOSITIONS - ACQUISITIONS (Details)

v3.6.0.2
BUSINESS COMBINATIONS AND DISPOSITIONS - ACQUISITIONS (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 12 Months Ended
Oct. 01, 2014
Jun. 30, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Fair value of assets acquired and liabilities assumed:          
Goodwill     $ 121 $ 116  
Huntsman International          
Fair value of assets acquired and liabilities assumed:          
Goodwill     121 116  
Rockwood Holdings, Inc          
Acquisition cost          
Transaction related costs     $ 0 $ 0 $ 24
Cash paid for Rockwood Acquisition in 2014 $ 1,038        
Purchase price adjustment received in 2015 (18) $ (18)      
Net acquisition cost 1,020        
Fair value of assets acquired and liabilities assumed:          
Cash 77        
Accounts receivable 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         12,724
Net income attributable to business acquisition         $ 398
Income per share:          
Basic (in dollars per share)         $ 1.64
Diluted (in dollars per share)         $ 1.62
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         $ 12,724
Net income attributable to business acquisition         $ 410