Quarterly report pursuant to Section 13 or 15(d)

DEBT (Details)

v2.4.0.6
DEBT (Details)
In Millions, unless otherwise specified
3 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended
Mar. 31, 2012
USD ($)
Dec. 31, 2011
USD ($)
Mar. 31, 2012
Consolidated VIE's
USD ($)
Dec. 31, 2011
Consolidated VIE's
USD ($)
Mar. 31, 2011
Sasol Huntsman GmbH and Co. KG
USD ($)
Mar. 31, 2012
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Mar. 31, 2012
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Consolidated VIE's
USD ($)
Dec. 31, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Consolidated VIE's
USD ($)
Mar. 31, 2012
Term loans
USD ($)
Dec. 31, 2011
Term loans
USD ($)
Mar. 31, 2012
Term loans
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
Term loans
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Mar. 31, 2012
Term loans
Australian borrowings
USD ($)
Mar. 31, 2012
Term loans
Australian borrowings
AUD
Mar. 31, 2012
Accounts receivable programs
USD ($)
Dec. 31, 2011
Accounts receivable programs
USD ($)
Mar. 31, 2012
Accounts receivable programs
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
Accounts receivable programs
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Mar. 31, 2012
Senior notes
USD ($)
Dec. 31, 2011
Senior notes
USD ($)
Mar. 31, 2012
Senior notes
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
Senior notes
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Mar. 31, 2012
Senior subordinated notes
USD ($)
Dec. 31, 2011
Senior subordinated notes
USD ($)
Mar. 31, 2012
Senior subordinated notes
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
Senior subordinated notes
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Mar. 31, 2012
HPS (China) debt
USD ($)
Dec. 31, 2011
HPS (China) debt
USD ($)
Mar. 31, 2012
HPS (China) debt
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
HPS (China) debt
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Mar. 31, 2012
Other debt instruments
USD ($)
Dec. 31, 2011
Other debt instruments
USD ($)
Mar. 31, 2012
Other debt instruments
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
Other debt instruments
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Mar. 31, 2012
Revolving Facility
USD ($)
Mar. 31, 2012
Revolving Facility
USD ($)
numerator
denominator
Mar. 06, 2012
Revolving Facility
USD ($)
Mar. 31, 2012
Revolving Facility
Australian borrowings
USD ($)
Mar. 31, 2012
Revolving Facility
Australian borrowings
AUD
Mar. 31, 2012
Term Loan B
USD ($)
Mar. 06, 2012
Term Loan B
USD ($)
Mar. 31, 2012
Term Loan C
USD ($)
Mar. 31, 2012
Extended Term Loan B
USD ($)
Mar. 31, 2012
Notes receivable from subsidiary
USD ($)
Dec. 31, 2011
Notes receivable from subsidiary
USD ($)
Mar. 31, 2012
Notes receivable from subsidiary
Maximum
Mar. 31, 2012
Notes receivable from subsidiary
Minimum
Mar. 31, 2012
Senior Notes, June 2016
Mar. 31, 2012
Australian credit facilities
Australian borrowings
Australian subsidiary
USD ($)
Mar. 31, 2012
Australian credit facilities
Australian borrowings
Australian subsidiary
AUD
Mar. 31, 2012
Extended Term Loans B Series 2
USD ($)
Mar. 06, 2012
Extended Term Loans B Series 2
USD ($)
Debt                                                                                                          
Total debt - excluding debt to affiliates $ 3,821 $ 3,942 $ 279 $ 281   $ 3,821 $ 3,942 $ 279 $ 281 $ 1,698 $ 1,696 $ 1,698 $ 1,696     $ 242 $ 237 $ 242 $ 237 $ 478 $ 472 $ 478 $ 472 $ 893 $ 976 $ 893 $ 976 $ 161 $ 167 $ 161 $ 167 $ 70 $ 113 $ 70 $ 113                                    
Total current portion of debt 193 [1] 212 [1] 23 16   193 [1] 212 [1]                                                                                            
Long-term portion 3,628 [1] 3,730 [1] 256 264 93 3,628 [1] 3,730 [1]                                                                                            
Notes payable to affiliates-current           100 100                                                                                            
Notes payable to affiliates-noncurrent 4 4       541 439                                                                                            
Total debt 3,825 3,946       4,462 4,481                                                                                            
Decrease in the interest rate margin (as a percent)                                                                       50.00%                                  
Undrawn commitment fee (as a percent)                                                                       50.00%                                  
Committed amount before increase                                                                           300                              
Committed Amount                                                                       400 400 400                              
Principal Outstanding                                                                                 307 346 427 650               346 346
Amount Outstanding                                                                                 307   395 650               346  
Reference rate LIBOR                                                                       US LIBOR       US LIBOR   US LIBOR US LIBOR               US LIBOR  
Increase in the interest rate margin (as a percent)                                                                                                       3.00%  
Margin interest above reference rate (as a percent)                                                                       2.50% 2.50%       1.50%   2.25% 2.50%               3.00%  
Amount of letter of credit and bank guarantees issued and outstanding                                                                       19 19                                
Weighted average interest rate at period end (as a percent)                   3.00%                                                                                      
Interest rate (as a percent)                                                                                                 5.50%        
Percentage of amortization of the principal amount of Extended Term Loan B                                                                                                       1.00%  
Minimum number of months prior to the maturity date of the debt instrument                                                                                                 3 months        
Outstanding loan due to Huntsman International                                                                                         637                
Outstanding loan due to Huntsman Corporation                                                                                         102                
Intercompany note, outstanding amount                                                                                         100 100              
Margin interest below reference rate (as a percent)                                                                                             0.25% 0.10%          
Amount repaid                           $ 12 12                                               $ 15 14                   $ 27 26    
Debt Instrument Covenant Consolidated Leverage Ratio, numerator                                                                         3.75                                
Debt Instrument Covenant Consolidated Leverage Ratio, denominator                                                                         1                                
[1] At March 31, 2012 and December 31, 2011, respectively, $33 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $34 and $29 of accounts and notes receivable (net), $49 and $47 of inventories, $2 and $1 of other current assets, $399 and $403 of property, plant and equipment (net), $23 each of intangible assets (net), $22 and $21 of other noncurrent assets, $64 and $55 of accounts payable, $19 and $21 of accrued liabilities, $23 and $16 of current portion of debt, $256 and $264 of long-term debt, and $103 and $111 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See "Note 5. Variable Interest Entities."