Quarterly report pursuant to Section 13 or 15(d)

DISCONTINUED OPERATIONS AND BUSINESS DISPOSITIONS - CHEMICAL INTERMEDIATES (Details)

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DISCONTINUED OPERATIONS AND BUSINESS DISPOSITIONS - CHEMICAL INTERMEDIATES (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 6 Months Ended
Jul. 31, 2020
Mar. 31, 2020
Dec. 31, 2020
Jun. 30, 2020
Jan. 03, 2020
Dec. 31, 2019
BUSINESS DISPOSITIONS            
Cash paid for income taxes on the proceeds from the sale of business       $ 10    
Chemical Intermediates Businesses | Discontinued Operations, Held-for-sale            
Carrying amounts of major classes of assets held for sale:            
Accounts receivable           $ 145
Inventories           105
Property, plant and equipment, net           720
Operating lease right-of-use assets           69
Deferred income taxes           4
Other noncurrent assets           165
Total assets held for sale           1,208
Carrying amounts of major classes of liabilities held for sale:            
Accounts payable           152
Accrued liabilities           26
Current operating lease liabilities           20
Deferred income taxes           135
Noncurrent operating lease liabilities           51
Other noncurrent liabilities           128
Total liabilities held for sale           $ 512
Chemical Intermediates Businesses | Discontinued Operations, Disposed of by Sale            
BUSINESS DISPOSITIONS            
Purchase price of disposition         $ 2,000  
Cash purchase price, including adjustments         1,920  
Underfunded pension and other post-employment benefit liabilities         $ 72  
Net after-tax gain on disposal       748    
Proceeds from sale of businesses $ 8 $ 1,915        
Cash paid for income taxes on the proceeds from the sale of business       $ 10    
Chemical Intermediates Businesses | Discontinued Operations, Disposed of by Sale | Forecast            
BUSINESS DISPOSITIONS            
Cash paid for income taxes on the proceeds from the sale of business     $ 365