Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details)

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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details)
€ in Millions, $ in Millions
 1 Months Ended 6 Months Ended 12 Months Ended
Nov. 30, 2014
EUR (€)
item
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Dec. 31, 2009
Jun. 30, 2017
EUR (€)
Jun. 30, 2017
USD ($)
Nov. 30, 2014
USD ($)
item
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES              
Notional Amounts         € 746 $ 846  
Amount of loss recognized on the hedge of net investments   $ 54          
Forward foreign currency contracts              
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES              
Maximum maturity period of spot or forward exchange rate contracts   1 year          
Notional Amounts           146  
Twelve-year interest rate contract entered in year 2009 | Non Designated Hedge Instrument | AAC              
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES              
Notional Amounts           16  
Fair value of the hedge           $ 1  
Hedging period of interest rate contract       12 years      
Additional (reduction of) interest expense due to changes in the fair value of the hedges   $ 0 $ 0        
Twelve-year interest rate contract entered in year 2009 | Non Designated Hedge Instrument | AAC | LIBOR              
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES              
Variable rate basis   LIBOR          
Fixed percentage to be paid under the hedge         5.02% 5.02%  
Cross currency interest rate contracts | Designated as Hedging Instrument              
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES              
Notional Amounts € 161           $ 200
U.S. dollar interest payments to be received twice each year             $ 5
Equivalent annual rate of interest receivable (as a percent) 5.125%           5.125%
U.S. dollar interest payments to be made twice each year | € € 3            
Equivalent annual rate of interest payable (as a percent) 3.60%           3.60%
Fair value of the swap           $ 16  
Five years cross currency interest rate contract | Designated as Hedging Instrument              
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES              
Number of derivative instruments held | item 2           2
Term of cross currency interest rate contract 5 years            
Eight years cross currency interest rate contract | Designated as Hedging Instrument              
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES              
Number of derivative instruments held | item 1           1
Term of cross currency interest rate contract 8 years