Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATION (Details)

v3.19.2
BUSINESS COMBINATION (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended
Apr. 23, 2018
Sep. 30, 2018
Jun. 30, 2018
Jun. 30, 2018
Jun. 30, 2019
Dec. 31, 2018
BUSINESS COMBINATIONS            
Transaction related costs     $ 1 $ 1    
Fair value of assets acquired and liabilities assumed:            
Goodwill         $ 275 $ 275
Estimated pro forma revenues and net income (loss) attributable to business acquisition            
Revenues     2,418 4,757    
Net income     623 962    
Net income attributable to business acquisition     $ 414 $ 677    
Income per share:            
Basic (in dollars per share)     $ 1.73 $ 2.82    
Diluted (in dollars per share)     $ 1.71 $ 2.77    
Demilec            
BUSINESS COMBINATIONS            
Equity interest acquired (as a percent) 100.00%          
Transaction related costs       $ 1    
Acquired intangible assets estimated useful life 15 years          
Fair value of assets acquired and liabilities assumed:            
Cash paid for Demilec Acquisition in Q2 2018 $ 357          
Purchase price adjustment received in Q3 2018 (4) $ (4)        
Net acquisition cost 353          
Cash 1          
Accounts receivable 31          
Inventories 23          
Prepaid expenses and other current assets 1          
Property, plant and equipment, net 21          
Intangible assets 177          
Goodwill 140          
Accounts payable (16)          
Accrued liabilities (3)          
Deferred income taxes (22)          
Total fair value of net assets acquired 353          
Prior Credit Facility | Demilec            
BUSINESS COMBINATIONS            
Maximum revolving credit facility $ 650          
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES            
BUSINESS COMBINATIONS            
Transaction related costs     $ 1 1    
Fair value of assets acquired and liabilities assumed:            
Goodwill         $ 275 $ 275
Estimated pro forma revenues and net income (loss) attributable to business acquisition            
Revenues     2,418 4,754    
Net income     620 956    
Net income attributable to business acquisition     $ 411 $ 671