INCOME TAXES (Details) - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||
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Sep. 30, 2017 |
Sep. 30, 2016 |
Sep. 30, 2017 |
Sep. 30, 2016 |
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INCOME TAXES | ||||
Net increase (decrease) in unrecognized tax benefits with a corresponding income tax expense | $ 7 | $ 3 | ||
Income tax liability due to tax gain from Venator IPO proceeds, net of expenses | $ 45 | 45 | ||
Income tax expense | 35 | $ 6 | $ 78 | 65 |
Effective tax rate (as a percent) | 18.00% | |||
Italy | Polyurethanes | ||||
INCOME TAXES | ||||
Release of valuation allowance | $ 7 | |||
Luxembourg | ||||
INCOME TAXES | ||||
Release of valuation allowance | 13 | |||
Huntsman International | ||||
INCOME TAXES | ||||
Income tax expense | $ 34 | $ 7 | $ 77 | $ 65 |
Effective tax rate (as a percent) | 18.00% |
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- References No definition available.
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- Definition Amount of income tax liability relating to the tax gain on the initial public offering proceeds from the separated P and A business, net of separation costs and IPO expenses. No definition available.
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- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in unrecognized tax benefits attributable to uncertain tax positions taken in tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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