Annual report pursuant to Section 13 and 15(d)

DISCONTINUED OPERATIONS (Details)

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DISCONTINUED OPERATIONS (Details) (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
DISCONTINUED OPERATIONS      
Income tax (expense) benefit $ 3 $ 5 $ (10)
(Loss) income from discontinued operations, net of tax (7) (1) 42
Cash flows from investing activities   3 34
Cash flows from operating activities     (34)
HCCA
      
DISCONTINUED OPERATIONS      
Number of claimants with whom the entity has agreed to settle claims   2  
Settlement of fire insurance claims
      
DISCONTINUED OPERATIONS      
Proceeds from reinsurers     110
Cash flows from investing activities     34
Cash flows from operating activities     76
AUSTRALIA STYRENICS BUSINESS SHUTDOWN
      
DISCONTINUED OPERATIONS      
Cost recorded related to the closure of business     6
Revenues 37 38 52
Operating costs and expenses, net of credits (47) (44) (85)
Nonoperating expenses     (19)
Operating (loss) income before income taxes (10) (6) (52)
Income tax (expense) benefit 3 2 28
(Loss) income from discontinued operations, net of tax (7) (4) (24)
U.S. Base Chemicals Disposition
      
DISCONTINUED OPERATIONS      
Other expenses   (1) (6)
Gain on insurance settlements, net     110
Operating (loss) income before income taxes   (1) 104
Income tax (expense) benefit     (38)
(Loss) income from discontinued operations, net of tax   (1) 66
U.S. Base Chemicals Disposition | Settlement of fire insurance claims
      
DISCONTINUED OPERATIONS      
Pretax gain (loss) on disposal     110
U.S. Base Chemicals Disposition | 2005 gulf coast storms
      
DISCONTINUED OPERATIONS      
Pretax gain (loss) on disposal     $ 7