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Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION PLANS (Details)

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STOCK-BASED COMPENSATION PLANS (Details) (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý Ìý
Authorized number of shares to be granted under the Stock Incentive Plan 32,600,000 Ìý 32,600,000 Ìý
Remaining shares available for grant 8,000,000 Ìý 8,000,000 Ìý
Vesting period Ìý Ìý 3 years Ìý
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý Ìý
Compensation cost from continuing operations $ 5 $ 8 $ 15 $ 16
Stock options
Ìý Ìý Ìý Ìý
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý Ìý
Maximum contractual term Ìý Ìý P10Y Ìý
Weighted average of the assumptions utilized for stock options granted Ìý Ìý Ìý Ìý
Dividend yield (as a percent) Ìý Ìý 3.00% 3.30%
Expected volatility (as a percent) Ìý Ìý 65.30% 65.60%
Risk-free interest rate (as a percent) Ìý Ìý 1.30% 2.80%
Expected life of stock options granted during the period (in years) Ìý Ìý 6.6 6.6
Option Awards, Shares Ìý Ìý Ìý Ìý
Outstanding at the beginning of the period (in shares) Ìý Ìý 10,345,000 Ìý
Granted (in shares) Ìý Ìý 1,363,000 Ìý
Exercised (in shares) Ìý Ìý (536,000) Ìý
Forfeited (in shares) Ìý Ìý (63,000) Ìý
Outstanding at the end of the period (in shares) 11,109,000 Ìý 11,109,000 Ìý
Exercisable at the end of the period (in shares) 8,936,000 Ìý 8,936,000 Ìý
Option Awards, Weighted Average Exercise Price Ìý Ìý Ìý Ìý
Outstanding at the beginning of the period (in dollars per share) Ìý Ìý $ 13.83 Ìý
Granted (in dollars per share) $ 13.41 Ìý $ 13.41 Ìý
Exercised (in dollars per share) $ 2.99 Ìý $ 2.99 Ìý
Forfeited (in dollars per share) $ 17.56 Ìý $ 17.56 Ìý
Outstanding at the end of the period (in dollars per share) $ 14.28 Ìý $ 14.28 Ìý
Exercisable at the end of the period (in dollars per share) $ 14.26 Ìý $ 14.26 Ìý
Outstanding, Weighted Average Remaining Contractual Term (in years) 5.9 Ìý 5.9 Ìý
Exercisable, Weighted Average Remaining Contractual Term (in years) Ìý Ìý 5.1 Ìý
Outstanding, Aggregate Intrinsic Value 33 Ìý 33 Ìý
Exercisable, Aggregate Intrinsic Value 33 Ìý 33 Ìý
Weighted-average grant-date fair value of stock options granted (in dollars per share) Ìý Ìý $ 6.36 Ìý
Total unrecognized compensation cost related to nonvested share-based compensation arrangements granted under the Stock Incentive Plan 12 Ìý 12 Ìý
Weighted-average period over which cost is expected to be recognized (in years) Ìý Ìý 1.9 Ìý
Total intrinsic value of stock options exercised Ìý Ìý 6 19
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Ìý Ìý Ìý Ìý
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý Ìý
Compensation cost from continuing operations 5 8 14 15
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements Ìý Ìý $ 4 $ 4