DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||||||||||||
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Sep. 30, 2012
USD ($)
|
Sep. 30, 2012
USD ($)
|
Dec. 31, 2011
USD ($)
|
Dec. 31, 2010
USD ($)
|
Dec. 31, 2009
USD ($)
|
Sep. 30, 2012
EUR (€)
|
Dec. 31, 2011
EUR (€)
|
Sep. 30, 2012
Forward foreign currency contracts
USD ($)
|
Dec. 31, 2011
Forward foreign currency contracts
USD ($)
|
Dec. 31, 2010
Forward foreign currency contracts
USD ($)
|
Jan. 31, 2010
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
|
Sep. 30, 2012
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
USD ($)
|
Dec. 31, 2011
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
USD ($)
|
Dec. 31, 2010
Five-year interest rate contract entered in year 2010
Designated as Hedging Instrument
USD ($)
|
Sep. 30, 2012
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
USD ($)
|
Dec. 31, 2011
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
USD ($)
|
Dec. 31, 2010
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
USD ($)
|
Dec. 31, 2009
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
|
Sep. 30, 2012
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
Maximum
USD ($)
|
Sep. 30, 2012
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
Maximum
USD ($)
|
Dec. 31, 2009
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
|
Sep. 30, 2012
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
USD ($)
|
Dec. 31, 2011
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
USD ($)
|
Dec. 31, 2010
Five-year interest rate contract entered in year 2009
Designated as Hedging Instrument
USD ($)
|
Sep. 30, 2012
Five-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
Maximum
USD ($)
|
Dec. 31, 2011
Floating to fixed interest rate contract
USD ($)
|
Dec. 31, 2011
Floating to fixed interest rate contract
EUR (€)
|
Dec. 31, 2009
Floating to fixed interest rate contract
|
Sep. 30, 2012
Floating to fixed interest rate contract
USD ($)
|
Sep. 30, 2012
Floating to fixed interest rate contract
EUR (€)
|
Sep. 30, 2012
Floating to fixed interest rate contract
Maximum
USD ($)
|
Sep. 30, 2012
Floating to fixed interest rate contract
Maximum
EUR (€)
|
Sep. 30, 2012
Floating to fixed interest rate contract
Maximum
USD ($)
|
Sep. 30, 2012
Floating to fixed interest rate contract
Maximum
EUR (€)
|
Mar. 31, 2010
Cross Currency Interest Rate Contract
Designated as Hedging Instrument
USD ($)
|
Mar. 31, 2010
Cross Currency Interest Rate Contract
Designated as Hedging Instrument
EUR (€)
|
Sep. 30, 2012
Cross Currency Interest Rate Contract
Designated as Hedging Instrument
USD ($)
item
|
Sep. 30, 2012
Cross Currency Interest Rate Contract
Designated as Hedging Instrument
EUR (€)
item
|
Dec. 31, 2011
Cross Currency Interest Rate Contract
Designated as Hedging Instrument
USD ($)
item
|
Dec. 31, 2011
Cross Currency Interest Rate Contract
Designated as Hedging Instrument
EUR (€)
item
|
Mar. 15, 2015
Cross Currency Interest Rate Contract
Designated as Hedging Instrument
USD ($)
|
Mar. 15, 2015
Cross Currency Interest Rate Contract
Designated as Hedging Instrument
EUR (€)
|
Dec. 31, 2010
Cross Currency Interest Rate Contract
Designated as Hedging Instrument
USD ($)
|
Sep. 30, 2012
Forward interest rate contract beginning in December, 2014 and January, 2015
USD ($)
|
Dec. 31, 2011
Forward interest rate contract beginning in December, 2014 and January, 2015
USD ($)
|
Sep. 30, 2011
Forward interest rate contract beginning in December, 2014
|
Sep. 01, 2011
Forward interest rate contract beginning in December, 2014
USD ($)
|
Sep. 30, 2011
Forward interest rate contract beginning in January, 2015
|
Sep. 01, 2011
Forward interest rate contract beginning in January, 2015
USD ($)
|
|
Derivative Instruments and Hedging Activities | |||||||||||||||||||||||||||||||||||||||||||||||||
Notional Amounts | $ 199 | $ 263 | $ 183 | $ 50 | $ 50 | $ 36 | $ 38 | $ 50 | $ 50 | $ 50 | $ 50 | ||||||||||||||||||||||||||||||||||||||
Hedging period of interest rate contract | 5 years | 5 years | 12 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||||
Fixed percentage to be paid under the hedge | 2.80% | 2.80% | 5.02% | 5.02% | 2.60% | 2.60% | 3.62% | 2.50% | 2.50% | ||||||||||||||||||||||||||||||||||||||||
Variable rate basis | one-month LIBOR | one-month LIBOR rate | LIBOR | one-month LIBOR | one-month LIBOR rate | EURIBOR | one-month LIBOR | one-month LIBOR | |||||||||||||||||||||||||||||||||||||||||
Fair value of the hedge | 3 | 3 | 2 | 6 | 6 | 5 | 3 | 3 | 2 | 4 | 1 | ||||||||||||||||||||||||||||||||||||||
Strike price (as a percent) | 3.62% | ||||||||||||||||||||||||||||||||||||||||||||||||
Notional amount of hedge | 66 | 51 | 61 | 47 | |||||||||||||||||||||||||||||||||||||||||||||
Fair value of interest rate derivative not designated as hedging instrument recorded in other noncurrent liabilities | (3) | (3) | 3 | 2 | |||||||||||||||||||||||||||||||||||||||||||||
Interest income (expense) due to changes in the fair value of the swap | (1) | 1 | 1 | 1 | 1 | (2) | (2) | 1 | 1 | 1 | 1 | ||||||||||||||||||||||||||||||||||||||
Maximum maturity period of spot or forward exchange rate contracts | 1 year | 3 months | |||||||||||||||||||||||||||||||||||||||||||||||
Stated rate of interest (as a percent) | 8.625% | 8.625% | 8.625% | 8.625% | |||||||||||||||||||||||||||||||||||||||||||||
Number of counterparties | 3 | 3 | 3 | 3 | |||||||||||||||||||||||||||||||||||||||||||||
Amount paid to counterparties | 350 | ||||||||||||||||||||||||||||||||||||||||||||||||
Amount received from counterparties | 255 | ||||||||||||||||||||||||||||||||||||||||||||||||
Amount payable to counterparties on maturity of derivative contract | 255 | ||||||||||||||||||||||||||||||||||||||||||||||||
Amount receivable from counterparties on maturity of derivative contract | 350 | ||||||||||||||||||||||||||||||||||||||||||||||||
U.S. dollar interest payments to be received on March 15 and September 15 of each year | 15 | 11 | |||||||||||||||||||||||||||||||||||||||||||||||
Equivalent annual rate of interest receivable (as a percent) | 8.625% | 8.625% | 8.625% | 8.625% | |||||||||||||||||||||||||||||||||||||||||||||
U.S. dollar interest payments to be made on March 15 and September 15 of each year | 11 | 15 | |||||||||||||||||||||||||||||||||||||||||||||||
Equivalent annual rate of interest payable (as a percent) | 8.41% | 8.41% | 8.41% | 8.41% | |||||||||||||||||||||||||||||||||||||||||||||
Fair value of the swap | 29 | 27 | 19 | ||||||||||||||||||||||||||||||||||||||||||||||
Euro-denominated debt and cross currency interest rate swap as a hedge of net investments | 327 | 327 | 412 | 255 | 319 | ||||||||||||||||||||||||||||||||||||||||||||
Amount of loss recognized on the hedge of net investments | 6 | 1 | (5) | (34) | 5 | ||||||||||||||||||||||||||||||||||||||||||||
Net euro assets | $ 1,558 | $ 1,558 | $ 1,503 | € 1,211 | € 1,162 |