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 3 Months Ended 12 Months Ended
Aug. 31, 2017
USD ($)
Nov. 30, 2014
EUR (€)
item
Mar. 31, 2018
USD ($)
Mar. 31, 2017
USD ($)
Dec. 31, 2009
Mar. 31, 2018
EUR (€)
Mar. 31, 2018
USD ($)
Nov. 30, 2014
USD ($)
item
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES                
Notional Amounts           € 585 $ 725  
Amount of gain (loss) recognized on the hedge of net investments     $ (24)          
Forward foreign currency contracts                
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES                
Notional Amounts             126  
Maximum maturity period of spot or forward exchange rate contracts     1 year          
Twelve-year interest rate contract entered in year 2009 | Non Designated Hedge Instrument | Arabian Amines Company                
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES                
Hedging period of interest rate contract         12 years      
Notional Amounts             14  
Fair value of the hedge             $ 1  
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 | Arabian Amines Company | 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%
Proceeds from termination $ 7              
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