Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

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VARIABLE INTEREST ENTITIES (Details) (USD $)
In Millions, unless otherwise specified
1 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Assets and liabilities of VIE        
Current assets   $ 4,242   $ 3,946
Property, plant and equipment, net   3,626 [1]   3,622 [1]
Other noncurrent assets   482 [1]   482 [1]
Deferred income taxes   190   195
Intangible assets   74 [1]   91 [1]
Goodwill   107   114
Total assets   8,946   8,657
Current liabilities   1,905   1,826
Long-term debt   3,550 [1]   3,730 [1]
Deferred income taxes   362   309
Other noncurrent liabilities   910 [1]   1,012 [1]
Total liabilities   6,730   6,881
Noncontrolling interest (as a percent)   100.00%    
Number of parents for which tax consequence adjustment is applicable   1    
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
       
Assets and liabilities of VIE        
Current assets   4,313   3,761
Property, plant and equipment, net   3,531 [1]   3,510 [1]
Other noncurrent assets   484 [1]   482 [1]
Deferred income taxes   190   163
Intangible assets   75 [1]   93 [1]
Goodwill   107   114
Total assets   8,925   8,330
Current liabilities   2,045   1,961
Long-term debt   3,550 [1]   3,730 [1]
Deferred income taxes   272   106
Other noncurrent liabilities   907 [1]   1,003 [1]
Total liabilities   7,384   7,239
Fair value of the noncontrolling interest 61      
Consolidated VIE's
       
Identification of variable interest entities through investments and transactions        
Number of joint ventures   4    
Assets and liabilities of VIE        
Property, plant and equipment, net   382   403
Other noncurrent assets   27   21
Intangible assets   20   23
Long-term debt   241   264
Other noncurrent liabilities   72   111
Rubicon LLC, Pacific Iron Products, Arabian Amines and Sasol Huntsman GmbH and Co. KG
       
Assets and liabilities of VIE        
Current assets   166   140
Property, plant and equipment, net   382   403
Other noncurrent assets   58   61
Deferred income taxes   45   45
Intangible assets   20   23
Goodwill   15   15
Total assets   686   687
Current liabilities   187   145
Long-term debt   245   269
Deferred income taxes   9   9
Other noncurrent liabilities   72   110
Total liabilities   513   533
Sasol Huntsman GmbH and Co. KG
       
Assets and liabilities of VIE        
Current assets 61      
Property, plant and equipment, net 155      
Intangible assets 16      
Goodwill 17      
Total assets 249      
Current liabilities 23      
Long-term debt 93      
Deferred income taxes 8      
Other noncurrent liabilities 7      
Total liabilities 131      
Total goodwill amount deductible for the tax purposes   12    
Decrease in amount of goodwill due to a change in foreign currency exchange rate       2
Average useful life of all other intangible assets   18 years    
Pro forma revenues     8,618  
One time non cash gain     12  
One-time noncash income tax expense recognized $ 2      
Noncontrolling interest (as a percent) 50.00%      
[1] At September 30, 2012 and December 31, 2011, respectively, $31 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $40 and $29 of accounts and notes receivable (net), $42 and $47 of inventories, $1 each of other current assets, $382 and $403 of property, plant and equipment (net), $20 and $23 of intangible assets (net), $27 and $21 of other noncurrent assets, $63 and $55 of accounts payable, $25 and $21 of accrued liabilities, $25 and $16 of current portion of debt, $241 and $264 of long-term debt, and $72 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."