Quarterly report pursuant to Section 13 or 15(d)

DEBT (Details)

 v2.3.0.11
DEBT (Details)
In Millions, unless otherwise specified
6 Months Ended 12 Months Ended 1 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended
Jun. 30, 2011
USD ($)
Dec. 31, 2010
USD ($)
Jun. 30, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Term loans
USD ($)
Dec. 31, 2010
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Term loans
USD ($)
Jun. 30, 2011
Sasol Huntsman GmbH and Co. KG
Term loans
USD ($)
Apr. 02, 2011
Sasol Huntsman GmbH and Co. KG
Term loans
USD ($)
Apr. 02, 2011
Sasol Huntsman GmbH and Co. KG
Term loans
EUR (€)
Jun. 30, 2011
Term loans
USD ($)
Dec. 31, 2010
Term loans
USD ($)
Jun. 30, 2011
Term loans
Australian subsidiary
USD ($)
Jun. 30, 2011
Term loans
Australian subsidiary
AUD
Jun. 30, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Accounts receivable programs
USD ($)
Dec. 31, 2010
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Accounts receivable programs
USD ($)
Apr. 30, 2011
Accounts receivable programs
Jun. 30, 2011
Accounts receivable programs
USD ($)
Dec. 31, 2010
Accounts receivable programs
USD ($)
Jun. 30, 2011
U.S. A/R Program
USD ($)
Jun. 30, 2011
EU A/R Program
USD ($)
Jun. 30, 2011
EU A/R Program
EUR (€)
Jun. 30, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Senior notes
USD ($)
Dec. 31, 2010
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Senior notes
USD ($)
Jun. 30, 2011
Senior notes
USD ($)
Dec. 31, 2010
Senior notes
USD ($)
Jun. 30, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Senior Subordinated notes
USD ($)
Dec. 31, 2010
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Senior Subordinated notes
USD ($)
Jun. 30, 2011
Senior Subordinated notes
USD ($)
Dec. 31, 2010
Senior Subordinated notes
USD ($)
Jun. 30, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Australian credit facilities
USD ($)
Dec. 31, 2010
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Australian credit facilities
USD ($)
Jun. 30, 2011
Australian credit facilities
USD ($)
Dec. 31, 2010
Australian credit facilities
USD ($)
Jun. 30, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
HPS (China) debt
USD ($)
Dec. 31, 2010
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
HPS (China) debt
USD ($)
Jun. 30, 2011
HPS (China) debt
USD ($)
Dec. 31, 2010
HPS (China) debt
USD ($)
Jun. 30, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Other debt instruments
USD ($)
Dec. 31, 2010
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Other debt instruments
USD ($)
Jun. 30, 2011
Other debt instruments
USD ($)
Jun. 30, 2011
Other debt instruments
CNY
Dec. 31, 2010
Other debt instruments
USD ($)
Apr. 02, 2011
Sasol Huntsman GmbH and Co. KG
Revolving Facility
EUR (€)
Apr. 02, 2011
Sasol Huntsman GmbH and Co. KG
Revolving Facility
USD ($)
Jun. 30, 2011
Revolving Facility
USD ($)
Jun. 30, 2011
Revolving Facility
Australian subsidiary
USD ($)
Jun. 30, 2011
Revolving Facility
Australian subsidiary
AUD
Mar. 31, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Term Loan B
Mar. 07, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Term Loan B
Jun. 30, 2011
Sasol Huntsman GmbH and Co. KG
Term Loan B
EUR (€)
Jun. 30, 2011
Term Loan B
USD ($)
Jun. 30, 2011
Term Loan C
USD ($)
Jun. 30, 2011
Extended Term Loan B
USD ($)
Jun. 30, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Dec. 31, 2010
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
USD ($)
Jun. 30, 2011
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Consolidated VIE's
USD ($)
Dec. 31, 2010
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Consolidated VIE's
USD ($)
Jun. 30, 2011
Consolidated VIE's
USD ($)
Mar. 31, 2011
Consolidated VIE's
USD ($)
Dec. 31, 2010
Consolidated VIE's
USD ($)
Jun. 30, 2011
Australian subsidiary
USD ($)
Jun. 30, 2011
Australian subsidiary
AUD
Jun. 30, 2011
Arabian Amines Company
USD ($)
Jun. 30, 2011
Sasol Huntsman GmbH and Co. KG
USD ($)
Mar. 31, 2011
Sasol Huntsman GmbH and Co. KG
USD ($)
Debt                                                                                                                              
Total debt - excluding debt to affiliates $ 4,175 $ 4,146 $ 1,692 $ 1,688       $ 1,692 $ 1,688     $ 254 $ 238   $ 254 $ 238       $ 462 $ 452 $ 462 $ 452 $ 1,198 $ 1,279 $ 1,198 $ 1,279 $ 34 $ 33 $ 34 $ 33 $ 147 $ 188 $ 147 $ 188 $ 75 $ 68 $ 75   $ 68                       $ 4,175 $ 4,146 $ 313 $ 200 $ 313   $ 200     $ 204    
Total current portion of debt 289 [1] 519 [1]                                                                                                   289 [1] 519 [1]     27 0 15          
Long-term portion 3,886 [1] 3,627 [1]                                                                                                   3,886 [1] 3,627 [1]     286 0 185       102 93
Total debt - excluding debt to affiliates 4,175 4,146 1,692 1,688       1,692 1,688     254 238   254 238       462 452 462 452 1,198 1,279 1,198 1,279 34 33 34 33 147 188 147 188 75 68 75   68                       4,175 4,146 313 200 313   200     204    
Notes payable to affiliates-current                                                                                                       100 100                    
Notes payable to affiliates-noncurrent 4 4                                                                                                   439 439                    
Total debt 4,179 4,150                                                                                                   4,714 4,685                    
Increase in the interest rate margin (as a percent)                                                                                           1.00%                                  
Margin interest above reference rate (as a percent)                                           5.50%                               0.48% 0.48%                                                
Percentage of amortization of the principal amount of Extended Term Loan B (as a percent)                                                                                             1.00%                                
Committed Amount           111 77                                                                   5 7 300                                        
Principal Outstanding                   15 14                                                                 19 17       652 427 650               34 32      
Amount Outstanding         109                       90 164 114                                     14 362                 76 652 390 650                        
Reference rate                                 US LIBOR or CP Rate GBP LIBOR, USD LIBOR or EURIBOR GBP LIBOR, USD LIBOR or EURIBOR                                     LIBOR LIBOR       US LIBOR           US LIBOR US LIBOR US LIBOR                        
Margin interest above reference rate (as a percents)                                   2.00% 2.00%                                               3.00%           1.50% 2.25% 2.50%                        
Amount of letter of credit and bank guarantees issued and outstanding                                                                                     26                                        
Exception of repayment amount for accelerating maturities 100                                                                                                                            
A/R Programs                                                                                                                              
Maximum Funding Availability                                 250 323 225                                                                                        
Amount Outstanding         109                       90 164 114                                     14 362                 76 652 390 650                        
Reference rate                                 US LIBOR or CP Rate GBP LIBOR, USD LIBOR or EURIBOR GBP LIBOR, USD LIBOR or EURIBOR                                     LIBOR LIBOR       US LIBOR           US LIBOR US LIBOR US LIBOR                        
Margin interest above reference rate, low end of range (as a percents)                                 1.50%                                                                                            
Margin interest above reference rate, high end of range (as a percents)                                 1.65%                                                                                            
Margin interest above reference rate (as a percents)                                   2.00% 2.00%                                               3.00%           1.50% 2.25% 2.50%                        
Accounts receivable were pledged as collateral under the A/R Programs                             698                                                                                                
Reduction in applicable margin on borrowings (as a percent)                           2.00%                                                                                                  
Reduction in applicable margin on borrowings, low end of range (as a percent)                           1.50%                                                                                                  
Reduction in applicable margin on borrowings, high end of range (as a percent)                           1.65%                                                                                                  
Working capital loan amount repaid                                                                           18 118                                                
Working capital loans refinance amount                                                                           6 38                                                
Reference rate for RMB borrowings relative to the Peoples Bank of China rate (as a percent)                                                                           90.00% 90.00%                                                
Outstanding working capital borrowings                                                                           56                                                  
Outstanding loan due to Huntsman International 535                                                                                                                            
Intercompany note, outstanding amount 100 100                                                                                                                          
Actual basis points used in interest rate calculation 10                                                                                                                            
Maximum basis points used in calculation of interest rate 2.50%                                                                                                                            
Debt Instrument Covenant Consolidated Leverage Ratio, denominator 3.75                                                                                                                            
Debt Instrument Covenant Consolidated Leverage Ratio, numerator 1                                                                                                                            
Number of semi annual installments 15                                                                                                                            
Amount repaid                                                                           2                                                  
Outstanding under loan facility for the purpose of discounting commercial drafts with recourse                                                                           $ 77 499                                                
[1] At June 30, 2011 and December 31, 2010, respectively, $66 and $7 of cash and cash equivalents, $2 and nil of restricted cash, $37 and $8 of accounts and notes receivable (net), $50 and $45 of inventories, $3 and $2 of other current assets, $429 and $275 of property, plant and equipment (net), $26 and $7 of intangible assets (net), $20 and $18 of other noncurrent assets, $74 and $56 of accounts payable, $19 and $16 of accrued liabilities, $27 and $15 of current portion of debt, $286 and $185 of long-term debt, and $98 and $109 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See Note 5. Variable Interest Entities.