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 6 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 1 Months Ended
Jun. 30, 2012
USD ($)
Dec. 31, 2011
USD ($)
Jun. 30, 2012
Consolidated VIE's
USD ($)
Dec. 31, 2011
Consolidated VIE's
USD ($)
Jun. 30, 2012
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Jun. 30, 2012
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Consolidated VIE's
USD ($)
Dec. 31, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Consolidated VIE's
USD ($)
Jun. 30, 2012
Term loans
USD ($)
Dec. 31, 2011
Term loans
USD ($)
Jun. 30, 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 ($)
Mar. 31, 2012
Term loans
Australian borrowings
AUD
Jun. 30, 2012
Senior Credit Facilities
Jun. 30, 2012
Accounts receivable programs
USD ($)
Dec. 31, 2011
Accounts receivable programs
USD ($)
Jun. 30, 2012
Accounts receivable programs
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
Accounts receivable programs
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Jun. 30, 2012
Senior notes
USD ($)
Dec. 31, 2011
Senior notes
USD ($)
Jun. 30, 2012
Senior notes
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
Senior notes
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Jun. 30, 2012
Senior subordinated notes
USD ($)
Dec. 31, 2011
Senior subordinated notes
USD ($)
Jun. 30, 2012
Senior subordinated notes
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
Senior subordinated notes
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Jun. 30, 2012
HPS (China) debt
USD ($)
Dec. 31, 2011
HPS (China) debt
USD ($)
Jun. 30, 2012
HPS (China) debt
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2011
HPS (China) debt
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Jun. 30, 2012
HPS (China) secured term and working capital loan facilities
U.S. dollar borrowings
USD ($)
Jun. 30, 2012
HPS (China) secured term and working capital loan facilities
RMB borrowings
USD ($)
Jun. 30, 2012
HPS (China) secured term and working capital loan facilities
RMB borrowings
CNY
Jun. 30, 2012
HPS (China) working capital loans and commercial drafts
RMB borrowings
USD ($)
Jun. 30, 2012
HPS (China) working capital loans and commercial drafts
RMB borrowings
CNY
Jun. 30, 2012
Other debt instruments
USD ($)
Dec. 31, 2011
Other debt instruments
USD ($)
Jun. 30, 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
Jun. 30, 2012
Revolving Facility
USD ($)
numerator
Jun. 30, 2012
Revolving Facility
USD ($)
Mar. 06, 2012
Revolving Facility
USD ($)
Mar. 31, 2012
Revolving Facility
Australian borrowings
USD ($)
Mar. 31, 2012
Revolving Facility
Australian borrowings
AUD
Jun. 30, 2012
Term Loan B
USD ($)
Jun. 30, 2012
Term Loan B
USD ($)
Mar. 06, 2012
Term Loan B
USD ($)
Jun. 30, 2012
Term Loan C
USD ($)
Jun. 30, 2012
Term Loan C
USD ($)
Jun. 30, 2012
Extended Term Loan B
USD ($)
Jun. 30, 2012
Extended Term Loan B
USD ($)
Jun. 30, 2012
Intercompany Note
USD ($)
Jun. 30, 2012
Intercompany Note
Maximum
Jun. 30, 2012
Intercompany Note
Minimum
Jun. 30, 2012
Intercompany Note
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Jun. 30, 2012
Intercompany Note
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Maximum
Jun. 30, 2012
Intercompany Note
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Minimum
Jun. 30, 2012
Senior Notes, June 2016
Mar. 31, 2012
Australian credit facilities
Australian borrowings
Australian subsidiary
USD ($)
Mar. 31, 2012
Australian credit facilities
Australian borrowings
Australian subsidiary
AUD
Mar. 31, 2012
Extended Term Loans B Series 2
Jun. 30, 2012
Extended Term Loans B Series 2
USD ($)
Debt                                                                                                                                
Total debt - excluding debt to affiliates $ 3,744 $ 3,942 $ 271 $ 281 $ 3,744 $ 3,942 $ 271 $ 281 $ 1,686 $ 1,696 $ 1,686 $ 1,696       $ 232 $ 237 $ 232 $ 237 $ 483 $ 472 $ 483 $ 472 $ 893 $ 976 $ 893 $ 976 $ 128 $ 167 $ 128 $ 167           $ 51 $ 113 $ 51 $ 113                                                
Total current portion of debt 143 [1] 212 [1] 23 16 143 [1] 212 [1]                                                                                                                    
Long-term portion 3,601 [1] 3,730 [1] 248 264 3,601 [1] 3,730 [1]                                                                                                                    
Notes payable to affiliates-current         100 100                                                                                                                    
Notes payable to affiliates-noncurrent 4 4     523 439                                                                                                                    
Total debt 3,748 3,946     4,367 4,481                                                                                                                    
Decrease in the interest rate margin (as a percent)                                                                                 0.50%                                              
Undrawn commitment fee (as a percent)                                                                                 0.50%                                              
Committed amount before increase                                                                                       300                                        
Committed Amount                                                                                   400 400 400                                        
Principal Outstanding                                                                                             304 304 346 423 423 643 643                     346
Amount Outstanding                                                               10 56 354 62 390                     304 304   393 393 643 643                     346
Reference rate                                                                                     US LIBOR         US LIBOR     US LIBOR   US LIBOR   LIBOR U.S. A/R Program   LIBOR U.S. A/R Program       US LIBOR  
Increase in the interest rate margin (as a percent)                                                                                                                             3.00%  
Margin interest below reference rate (as a percent)                                                                                   2.50% 2.50%       1.50% 1.50%   2.25% 2.25% 2.50% 2.50%   (0.25%) (0.10%)   (0.25%) (0.10%)         3.00%
Amount of letter of credit and bank guarantees issued and outstanding                                                                                   17 17                                          
Weighted average interest rate at period end (as a percent)                             3.00%                                                                                                  
Interest rate (as a percent)                                                                                                                       5.50%        
Future percentage of amortization of the principal amount                                                                                                                               1.00%
Minimum number of months prior to the maturity date of the debt instrument                                                                                                                       3 months        
Due from Huntsman International                                                                                                           619                    
Outstanding loan due to Huntsman Corporation                                                                                                                 619              
Increase in loan due from Huntsman International                                                                                                           84                    
Increase in loan due to Huntsman Corporation                                                                                                                 84              
Due from Huntsman International, current                                                                                                           100                    
Due to Huntsman Corporation, current                                                                                                                 100              
Amount repaid                         $ 12 12                                   $ 2 $ 19 120 $ 17 109                 $ 15 14 $ 3     $ 4   $ 7                 $ 27 26    
Debt Instrument Covenant Consolidated Leverage Ratio, numerator                                                                                   3.75                                            
[1] At June 30, 2012 and December 31, 2011, respectively, $34 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $36 and $29 of accounts and notes receivable (net), $50 and $47 of inventories, $1 each of other current assets, $383 and $403 of property, plant and equipment (net), $20 and $23 of intangible assets (net), $22 and $21 of other noncurrent assets, $54 and $55 of accounts payable, $22 and $21 of accrued liabilities, $23 and $16 of current portion of debt, $248 and $264 of long-term debt, and $74 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."