DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details)
In Millions, unless otherwise specified |
3 Months Ended | 3 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 0 Months Ended | 3 Months Ended | 1 Months Ended | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2015
USD ($)
|
Mar. 31, 2015
EUR (�)
|
Mar. 31, 2015
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International
USD ($)
|
Mar. 31, 2015
Forward foreign currency contracts
USD ($)
|
Mar. 31, 2015
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
USD ($)
|
Dec. 31, 2009
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
|
Mar. 31, 2015
Twelve-year interest rate contract entered in year 2009
Non Designated Hedge Instrument
Arabian Amines Company
LIBOR
|
Mar. 17, 2010
Cross currency interest rate contracts
Designated as Hedging Instrument
item
|
Mar. 31, 2015
Cross currency interest rate contracts
Designated as Hedging Instrument
USD ($)
|
Nov. 30, 2014
Cross currency interest rate contracts
Designated as Hedging Instrument
USD ($)
|
Nov. 30, 2014
Cross currency interest rate contracts
Designated as Hedging Instrument
EUR (�)
|
Mar. 17, 2010
Cross currency interest rate contracts
Designated as Hedging Instrument
USD ($)
|
Mar. 17, 2010
Cross currency interest rate contracts
Designated as Hedging Instrument
EUR (�)
|
Nov. 30, 2014
Five years cross currency interest rate contract
item
|
Nov. 30, 2014
Five years cross currency interest rate contract
Designated as Hedging Instrument
item
|
Nov. 30, 2014
Eight years cross currency interest rate contract
item
|
Nov. 30, 2014
Eight years cross currency interest rate contract
Designated as Hedging Instrument
item
|
Mar. 31, 2015
Forward interest rate contract beginning in December, 2014
Designated as Hedging Instrument
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International
USD ($)
|
Mar. 31, 2015
Forward interest rate contract beginning in January, 2015
Designated as Hedging Instrument
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International
USD ($)
|
|
Derivative Instruments and Hedging Activities | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Notional Amounts | $ 360 | â‚� 331 | Ìý | $ 245 | $ 26 | Ìý | Ìý | Ìý | Ìý | $ 200 | â‚� 161 | $ 350 | â‚� 255 | Ìý | Ìý | Ìý | Ìý | $ 50 | $ 50 |
Hedging period of interest rate contract | Ìý | Ìý | Ìý | Ìý | Ìý | 12 years | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Fixed percentage to be paid under the hedge | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 5.02% | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 2.50% | 2.50% |
Variable rate basis | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | LIBOR | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Fair value of the hedge | Ìý | Ìý | Ìý | Ìý | 3 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 2 | 2 |
Additional (reduction of) interest expense due to changes in the fair value of the hedges | Ìý | Ìý | Ìý | Ìý | ÌýÌý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Amount received from counterparties | 66 | Ìý | 66 | Ìý | Ìý | Ìý | Ìý | Ìý | 66 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
U.S. dollar interest payments to be received twice each year | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 5 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Equivalent annual rate of interest receivable (as a percent) | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 5.125% | 5.125% | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
U.S. dollar interest payments to be made twice each year | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 3 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Equivalent annual rate of interest payable (as a percent) | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 3.60% | 3.60% | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Fair value of the swap | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 33 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Amount of gain (loss) recognized on the hedge of net investments | 75 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Net euro assets | $ 1,451 | â‚� 1,334 | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý |
Number of cross currency interest rate contracts | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 3 | Ìý | Ìý | Ìý | Ìý | Ìý | 2 | 2 | 1 | 1 | Ìý | Ìý |
Term of cross currency interest rate contract | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | Ìý | 5 years | Ìý | Ìý | Ìý | Ìý | Ìý | 5 years | 5 years | 8 years | 8 years | Ìý | Ìý |