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Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION PLANS - COMPENSATION COST AND STOCK OPTIONS (Details)

v3.20.2
STOCK-BASED COMPENSATION PLANS - COMPENSATION COST AND STOCK OPTIONS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý Ìý
Compensation cost $ 7 $ 7 $ 14 $ 15
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements Ìý Ìý $ 1 $ 2
2016 Stock Incentive Plan Ìý Ìý Ìý Ìý
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý Ìý
Shares available for grant 7,000 Ìý 7,000 Ìý
Stock options Ìý Ìý Ìý Ìý
Weighted average of the assumptions utilized for stock options granted Ìý Ìý Ìý Ìý
Dividend yield (as a percent) Ìý Ìý 3.00% 2.90%
Expected volatility (as a percent) Ìý Ìý 53.10% 54.00%
Risk-free interest rate (as a percent) Ìý Ìý 1.50% 2.50%
Expected life of stock options granted during the period Ìý Ìý 5 years 10 months 24 days 5 years 10 months 24 days
Shares Ìý Ìý Ìý Ìý
Outstanding at the beginning of the period (in shares) Ìý Ìý 5,025 Ìý
Granted (in shares) 0 0 750 Ìý
Exercised (in shares) Ìý Ìý (255) Ìý
Forfeited (in shares) Ìý Ìý (25) Ìý
Outstanding at the end of the period (in shares) 5,495 Ìý 5,495 Ìý
Exercisable at the end of the period (in shares) 4,043 Ìý 4,043 Ìý
Weighted Average Exercise Price Ìý Ìý Ìý Ìý
Outstanding at the beginning of the period (in dollars per share) Ìý Ìý $ 19.08 Ìý
Granted (in dollars per share) Ìý Ìý 21.54 Ìý
Exercised (in dollars per share) Ìý Ìý 11.29 Ìý
Forfeited (in dollars per share) Ìý Ìý 24.38 Ìý
Outstanding at the end of the period (in dollars per share) $ 19.75 Ìý 19.75 Ìý
Exercisable at the end of the period (in dollars per share) $ 18.54 Ìý $ 18.54 Ìý
Outstanding, Weighted Average Remaining Contractual Term (years) Ìý Ìý 6 years 2 months 12 days Ìý
Exercisable, Weighted Average Remaining Contractual Term (years) Ìý Ìý 5 years 1 month 6 days Ìý
Outstanding, Aggregate Intrinsic Value (in dollars) $ 10 Ìý $ 10 Ìý
Exercisable, Aggregate Intrinsic Value (in dollars) 10 Ìý $ 10 Ìý
Weighted-average grant-date fair value of stock options granted (in dollars per share) Ìý Ìý $ 8.27 Ìý
Total unrecognized compensation cost 10 Ìý $ 10 Ìý
Weighted-average period over which cost is expected to be recognized (years) Ìý Ìý 2 years Ìý
Total intrinsic value of stock options exercised Ìý Ìý $ 2 $ 2
Cash received from stock options exercised Ìý Ìý 1 1
Cash tax benefit from stock options exercised Ìý Ìý $ 1 0
Stock options | Maximum Ìý Ìý Ìý Ìý
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý Ìý
Contractual term Ìý Ìý 10 years Ìý
Outstanding stock-based awards Ìý Ìý Ìý Ìý
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý Ìý
Vesting period Ìý Ìý 3 years Ìý
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES Ìý Ìý Ìý Ìý
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý Ìý
Compensation cost $ 7 $ 7 $ 13 14
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements Ìý Ìý $ 1 $ 2