Registration of securities issued in business combination transactions

DEBT (Details)

v2.4.0.6
DEBT (Details)
In Millions, unless otherwise specified
 3 Months Ended 9 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 9 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 12 Months Ended 1 Months Ended 0 Months Ended 1 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended 9 Months Ended 9 Months Ended 1 Months Ended
Sep. 30, 2012
USD ($)
Sep. 30, 2011
USD ($)
Sep. 30, 2012
USD ($)
Sep. 30, 2011
USD ($)
Dec. 31, 2011
USD ($)
Dec. 31, 2010
USD ($)
Dec. 31, 2009
USD ($)
Sep. 30, 2012
Consolidated VIE's
USD ($)
Dec. 31, 2011
Consolidated VIE's
USD ($)
Dec. 31, 2010
Consolidated VIE's
USD ($)
Dec. 31, 2011
Australian subsidiary
USD ($)
Dec. 31, 2011
Australian subsidiary
AUD
Jun. 30, 2010
Term loans
USD ($)
Apr. 30, 2010
Term loans
USD ($)
Sep. 30, 2012
Term loans
USD ($)
Dec. 31, 2011
Term loans
USD ($)
Dec. 31, 2010
Term loans
USD ($)
Dec. 31, 2011
Term loans
Australian subsidiary
USD ($)
Dec. 31, 2011
Term loans
Australian subsidiary
AUD
Mar. 31, 2012
Term loans
Australian borrowings
USD ($)
Mar. 31, 2012
Term loans
Australian borrowings
AUD
Sep. 30, 2012
Senior Credit Facilities
USD ($)
Sep. 30, 2012
Accounts receivable programs
USD ($)
Dec. 31, 2011
Accounts receivable programs
USD ($)
Dec. 31, 2010
Accounts receivable programs
USD ($)
Sep. 30, 2012
Senior notes
USD ($)
Dec. 31, 2011
Senior notes
USD ($)
Dec. 31, 2010
Senior notes
USD ($)
Sep. 30, 2012
Senior subordinated notes
USD ($)
Dec. 31, 2011
Senior subordinated notes
USD ($)
Dec. 31, 2010
Senior subordinated notes
USD ($)
Sep. 30, 2012
HPS (China) debt
USD ($)
Dec. 31, 2011
HPS (China) debt
USD ($)
Dec. 31, 2010
HPS (China) debt
USD ($)
Sep. 30, 2012
HPS (China) secured term and working capital loan facilities
U.S. dollar borrowings
USD ($)
Dec. 31, 2011
HPS (China) secured term and working capital loan facilities
U.S. dollar borrowings
USD ($)
Sep. 30, 2012
HPS (China) secured term and working capital loan facilities
RMB borrowings
USD ($)
Sep. 30, 2012
HPS (China) secured term and working capital loan facilities
RMB borrowings
CNY
Dec. 31, 2011
HPS (China) secured term and working capital loan facilities
RMB borrowings
USD ($)
Dec. 31, 2011
HPS (China) secured term and working capital loan facilities
RMB borrowings
CNY
Sep. 30, 2012
HPS (China) working capital loans and commercial drafts
RMB borrowings
USD ($)
Sep. 30, 2012
HPS (China) working capital loans and commercial drafts
RMB borrowings
CNY
Dec. 31, 2011
HPS (China) working capital loans and commercial drafts
RMB borrowings
USD ($)
Dec. 31, 2011
HPS (China) working capital loans and commercial drafts
RMB borrowings
CNY
Sep. 30, 2012
Other debt instruments
USD ($)
Dec. 31, 2011
Other debt instruments
USD ($)
Dec. 31, 2010
Other debt instruments
USD ($)
Mar. 31, 2012
Revolving Facility
Sep. 30, 2012
Revolving Facility
USD ($)
Dec. 31, 2011
Revolving Facility
USD ($)
Mar. 06, 2012
Revolving Facility
USD ($)
Dec. 31, 2011
Revolving Facility
Australian subsidiary
USD ($)
Dec. 31, 2011
Revolving Facility
Australian subsidiary
AUD
Mar. 31, 2012
Revolving Facility
Australian borrowings
USD ($)
Mar. 31, 2012
Revolving Facility
Australian borrowings
AUD
Sep. 24, 2012
Term Loan B
USD ($)
Sep. 07, 2012
Term Loan B
USD ($)
Mar. 31, 2011
Term Loan B
Jun. 30, 2010
Term Loan B
USD ($)
Apr. 30, 2010
Term Loan B
USD ($)
Sep. 30, 2012
Term Loan B
USD ($)
Dec. 31, 2011
Term Loan B
USD ($)
Dec. 31, 2010
Term Loan B
USD ($)
Mar. 06, 2012
Term Loan B
USD ($)
Mar. 07, 2011
Term Loan B
Sep. 07, 2012
Term Loan C
USD ($)
Jun. 30, 2010
Term Loan C
USD ($)
Apr. 30, 2010
Term Loan C
USD ($)
Sep. 30, 2012
Term Loan C
USD ($)
Dec. 31, 2011
Term Loan C
USD ($)
Dec. 31, 2010
Term Loan C
USD ($)
Sep. 07, 2012
Extended Term Loan B
USD ($)
Jun. 30, 2012
Extended Term Loan B
Sep. 30, 2012
Extended Term Loan B
USD ($)
Dec. 31, 2011
Extended Term Loan B
USD ($)
Sep. 07, 2012
Extended Term Loans B Series 2
USD ($)
Sep. 30, 2012
Extended Term Loans B Series 2
USD ($)
Sep. 30, 2012
Intercompany Note
USD ($)
Dec. 31, 2011
Intercompany Note
USD ($)
Sep. 30, 2012
Intercompany Note
Maximum
Sep. 30, 2012
Intercompany Note
Minimum
Sep. 30, 2012
Senior Notes, June 2016
Dec. 31, 2011
Senior Notes, June 2016
USD ($)
Mar. 31, 2012
Australian credit facilities
Australian borrowings
Australian subsidiary
USD ($)
Mar. 31, 2012
Australian credit facilities
Australian borrowings
Australian subsidiary
AUD
Debt                                                                                                                                                                          
Total debt - excluding debt to affiliates $ 3,680   $ 3,680   $ 3,942 $ 4,146   $ 266 $ 281 $ 200         $ 1,613 $ 1,696 $ 1,688           $ 237 $ 237 $ 238 $ 490 $ 472 $ 452 $ 892 $ 976 $ 1,279 $ 109 $ 167 $ 188                     $ 73 $ 113 $ 101                                                                            
Total current portion of debt 130 [1]   130 [1]   212 [1] 519 [2]   25 16 15                                                                                                                                                      
Long-term portion 3,550 [1]   3,550 [1]   3,730 [1] 3,627 [2]   241 264 185                                                                                                                                                      
Notes payable to affiliates-current 100   100   100 100                                                                                                                                                              
Notes payable to affiliates-noncurrent 610   610   439 439                                                                                                                                                              
Total debt 4,390   4,390   4,481 4,685                                                                                                                                                              
Decrease in the interest rate margin (as a percent)                                                                                               0.50%                                                                          
Undrawn commitment fee (as a percent)                                                                                               0.50%                                                                          
Committed amount before increase                                                                                                     300                                                                    
Committed Amount                                                                                                 400   400                                                                    
Principal Outstanding                     26 26           12 12                                                                 14 14               243 652   346         419 427       637 650   342                
Amount Outstanding                                                                     10.0 12.0 56.0 354.0 75.0 474.0 43.0 270.0 79.0 499.0                                 243.0 652.0             391.0 394.0       637.0 650.0   342.0           600.0    
Reference rate                                                                       LIBOR     Peoples Bank of China Rate Peoples Bank of China Rate                 US LIBOR US LIBOR                     US LIBOR US LIBOR             US LIBOR US LIBOR     LIBOR US LIBOR US LIBOR   US LIBOR     US LIBOR U.S. A/R Program        
Increase in the interest rate margin (as a percent)                                                                                                                   1.00%                             3.00%                        
Reference rate (as a percent)                                                                       0.48%     90.00% 90.00%                 2.50% 3.00%                     1.50% 1.50%             2.25% 2.25%       2.50% 2.50%   2.75%     (0.25%) (0.10%)        
Amount of letter of credit and bank guarantees issued and outstanding                                                                                                 19 20                                                                      
Weighted average interest rate at period end (as a percent)                               2.00%           3.00%                                                                                                                              
Interest rate (as a percent)                                                                       1.00%     6.00% 6.00%     6.00% 6.00%                                                                           5.50% 5.50%    
Prepayment of term loan                                                                                                               58 3   83 124           4 27 40       6       4                  
Loss on early extinguishment of debt 1 2 2 5 7 37 21           (2) (5)               1                                                                                                                              
Future percentage of amortization of the principal amount                                                                                                                                 1.00%                       1.00%                
Minimum number of months prior to the maturity date of the debt instrument                                                                                                                                                                   3 months      
Outstanding loan due to Huntsman Corporation                                                                                                                                                           707              
Due to Huntsman Corporation, current                                                                                                                                                           100 100            
Amount repaid                                       $ 12 12                           $ 2 $ 4 $ 19 120 $ 24 151 $ 36 229                       $ 15 14           $ 3   $ 16           $ 4   $ 5     $ 7                   $ 27 26
Debt instrument covenant consolidated leverage ratio                                                                                                 3.75                                                                        
[1] At September 30, 2012 and December 31, 2011, respectively, $31 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $40 and $29 of accounts and notes receivable (net), $42 and $47 of inventories, $1 each of other current assets, $382 and $403 of property, plant and equipment (net), $20 and $23 of intangible assets (net), $27 and $21 of other noncurrent assets, $63 and $55 of accounts payable, $25 and $21 of accrued liabilities, $25 and $16 of current portion of debt, $241 and $264 of long-term debt, and $72 and $111 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See "Note 5. Variable Interest Entities."
[2] At December 31, 2011 and 2010, respectively, $44 and $7 of cash and cash equivalents, $2 and nil of restricted cash, $29 and $8 of accounts and notes receivable (net), $47 and $45 of inventories, $1 and $2 of other current assets, $403 and $275 of property, plant and equipment (net), $23 and $7 of intangible assets (net), $21 and $18 of other noncurrent assets, $55 and $56 of accounts payable, $21 and $16 of accrued liabilities, $16 and $15 of current portion of debt, $264 and $185 of long-term debt, and $111 and $109 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 7. Variable Interest Entities."