Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION PLAN - COMPENSATION COST AND STOCK OPTIONS (Details)

v3.7.0.1
STOCK-BASED COMPENSATION PLAN - COMPENSATION COST AND STOCK OPTIONS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
May 05, 2016
STOCK-BASED COMPENSATION PLAN      
Authorized number of shares to be granted under the Stock Incentive Plan 8,200   8,200
Remaining shares available for grant 8,000    
Compensation cost from continuing operations $ 10 $ 8  
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements $ 2 $ 2  
the "Prior Plan"      
STOCK-BASED COMPENSATION PLAN      
Remaining shares available for grant     0
Stock options      
Weighted average of the assumptions utilized for stock options granted      
Dividend yield (as a percent) 2.40% 5.60%  
Expected volatility (as a percent) 56.90% 57.90%  
Risk-free interest rate (as a percent) 2.00% 1.40%  
Expected life of stock options granted during the period 5 years 10 months 24 days 5 years 10 months 24 days  
Shares      
Outstanding at the beginning of the period (in shares) 11,245    
Granted (in shares) 989    
Exercised (in shares) (1,633)    
Forfeited (in shares) (40)    
Outstanding at the end of the period (in shares) 10,561    
Exercisable at the end of the period (in shares) 7,258    
Weighted Average Exercise Price      
Outstanding at the beginning of the period (in dollars per share) $ 13.37    
Granted (in dollars per share) 21.01    
Exercised (in dollars per share) 18.65    
Forfeited (in dollars per share) 19.30    
Outstanding at the end of the period (in dollars per share) 13.25    
Exercisable at the end of the period (in dollars per share) $ 12.94    
Outstanding, Weighted Average Remaining Contractual Term 6 years 3 months 18 days    
Exercisable, Weighted Average Remaining Contractual Term 5 years    
Outstanding, Aggregate Intrinsic Value $ 119    
Exercisable, Aggregate Intrinsic Value $ 84    
Weighted-average grant-date fair value of stock options granted (in dollars per share) $ 9.25    
Total unrecognized compensation cost $ 16    
Weighted-average period over which cost is expected to be recognized 2 years 3 months 18 days    
Total intrinsic value of stock options exercised $ 5 $ 0  
Cash received from stock options exercised 17 0  
Tax benefit from stock options exercised $ 1 0  
Stock options | Maximum      
STOCK-BASED COMPENSATION PLAN      
Contractual term 10 years    
Stock-based awards      
STOCK-BASED COMPENSATION PLAN      
Vesting period 3 years    
Huntsman International      
STOCK-BASED COMPENSATION PLAN      
Compensation cost from continuing operations $ 9 7  
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements $ 2 $ 2