FAIR VALUE - ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS (Details) - Recurring basis - USD ($) $ in Millions |
Dec. 31, 2018 |
Dec. 31, 2017 |
|---|---|---|
| Assets: | Ìý | Ìý |
| Non-qualified employee benefit plan investments | $ 23 | $ 33 |
| Forward swap contract related to the sale of investment in Venator | 14 | Ìý |
| Total assets | 37 | Ìý |
| Quoted prices in active markets for identical assets (Level 1) | Ìý | Ìý |
| Assets: | Ìý | Ìý |
| Non-qualified employee benefit plan investments | 23 | $ 33 |
| Total assets | 23 | Ìý |
| Significant other observable inputs (Level 2) | Ìý | Ìý |
| Assets: | Ìý | Ìý |
| Forward swap contract related to the sale of investment in Venator | 14 | Ìý |
| Total assets | $ 14 | Ìý |
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- Definition Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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