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 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
May 05, 2016
STOCK-BASED COMPENSATION PLAN          
Authorized number of shares to be granted under the Stock Incentive Plan 8,200   8,200   8,200
Remaining shares available for grant 8,000   8,000    
Compensation cost from continuing operations $ 9 $ 9 $ 19 $ 17  
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements     $ 4 $ 3  
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) 2.00% 3.30% 2.40% 5.60%  
Expected volatility (as a percent) 56.60% 57.70% 56.90% 57.90%  
Risk-free interest rate (as a percent) 1.90% 1.50% 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 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)     997    
Exercised (in shares)     (1,925)    
Forfeited (in shares)     (60)    
Outstanding at the end of the period (in shares) 10,257   10,257    
Exercisable at the end of the period (in shares) 6,974   6,974    
Weighted Average Exercise Price          
Outstanding at the beginning of the period (in dollars per share)     $ 13.37    
Granted (in dollars per share)     21.04    
Exercised (in dollars per share)     17.73    
Forfeited (in dollars per share)     17.39    
Outstanding at the end of the period (in dollars per share) $ 13.28   13.28    
Exercisable at the end of the period (in dollars per share) $ 12.96   $ 12.96    
Outstanding, Weighted Average Remaining Contractual Term     6 years 1 month 6 days    
Exercisable, Weighted Average Remaining Contractual Term     4 years 9 months 18 days    
Outstanding, Aggregate Intrinsic Value $ 129   $ 129    
Exercisable, Aggregate Intrinsic Value 90   $ 90    
Weighted-average grant-date fair value of stock options granted (in dollars per share)     $ 9.26    
Total unrecognized compensation cost 14   $ 14    
Weighted-average period over which cost is expected to be recognized     2 years 1 month 6 days    
Total intrinsic value of stock options exercised     $ 9 $ 0  
Cash received from stock options exercised     20 0  
Tax benefit from stock options exercised     $ 2 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 $ 9 $ 18 16  
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements     $ 4 $ 3