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Stockholders' Equity - Preferred Stock (Details)
12 Months Ended
Sep. 09, 2016
USD ($)
shares
Feb. 13, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
Dec. 13, 2016
USD ($)
shares
Nov. 17, 2014
$ / shares
Jan. 31, 2014
$ / shares
Oct. 31, 2013
USD ($)
Class of Stock [Line Items]                    
Preferred stock authorized (in shares)       5,000,000            
Share price (in dollars per share) | $ / shares                 $ 0.01  
Dividend price (in dollars per share) | $ / shares           $ 22.85        
Gain (loss) on settlement of temporary equity | $       $ 103,000,000 $ 0 $ 0        
Gain on amendment of Series B Convertible Preferred Stock | $       32,900,000 0 0        
Non-cash change in fair value of preferred stock redemption liability | $       $ (5,000,000) $ 0 $ 0        
Common Stock                    
Class of Stock [Line Items]                    
Common shares declared for dividend (in shares)         10,050,290          
Share price (in dollars per share) | $ / shares     $ 10.00     $ 10.00   $ 24.50    
MacDermid                    
Class of Stock [Line Items]                    
Common stock issued in connection with exchange of PDH common stock (in shares)       1            
Equity instruments | $                   $ 97,500,000
Arysta                    
Class of Stock [Line Items]                    
Business acquisition, equity interest issued or issuable, number of shares (in shares)   600,000                
Equity instruments | $   $ 646,000,000                
Maximum share conversion (in shares)   22,107,590                
Series A Preferred Stock To Common Stock                    
Class of Stock [Line Items]                    
Preferred stock to common stock conversion ratio       1            
Preferred stock to common stock conversion period       7 years            
Preferred stock to common stock conversion period, term of optional extension       3 years            
Stock Dividends To Series A Preferred Stock Shareholders                    
Class of Stock [Line Items]                    
Common shares declared for dividend (in shares)     10,050,290              
Appreciation of the market price of our common stock     20.00%     20.00%        
Dividend price (in dollars per share) | $ / shares     $ 22.85              
Stock Dividends To Series A Preferred Stock Shareholders | Weighted Average | Common Stock                    
Class of Stock [Line Items]                    
Share price (in dollars per share) | $ / shares     $ 23.16     $ 23.16        
Series A Preferred Stock                    
Class of Stock [Line Items]                    
Preferred stock authorized (in shares)       2,000,000            
Preferred stock issued (in shares)       2,000,000 2,000,000          
Preferred stock outstanding (in shares)       2,000,000 2,000,000          
Series A Preferred Stock | Founder Entities                    
Class of Stock [Line Items]                    
Preferred stock outstanding (in shares)       2,000,000            
Series A Preferred Stock | Preferred Stock                    
Class of Stock [Line Items]                    
Preferred stock dividends (in shares) | $ / shares       $ 0 $ 0          
Redeemable Series B Preferred Stock                    
Class of Stock [Line Items]                    
Temporary equity designated (in shares)         600,000          
Temporary equity issued (in shares)       0 600,000          
Temporary equity outstanding (in shares)       0 600,000          
Series B Preferred Stock                    
Class of Stock [Line Items]                    
Non-cash change in fair value of preferred stock redemption liability | $       $ 5,000,000            
Series B Preferred Stock | Arysta                    
Class of Stock [Line Items]                    
Liquidation preference per share (in dollars per share) | $ / shares   $ 1,000                
Equity instruments | $   $ 600,000,000                
Conversion price (in dollars per share) | $ / shares   $ 27.14                
Gain (loss) on settlement of temporary equity | $       103,000,000            
Gain on amendment of Series B Convertible Preferred Stock | $       32,900,000            
Non-cash change in fair value of preferred stock redemption liability | $       $ 5,000,000            
Series B Preferred Stock | Arysta | After December 15, 2016 to April 20, 2017                    
Class of Stock [Line Items]                    
Conversion price (in dollars per share) | $ / shares   $ 27.14                
Volume weighted average price period   10 days                
Series B Preferred Stock | Arysta | October 20, 2016 to December 15, 2016                    
Class of Stock [Line Items]                    
Cash payment for convertible preferred stock | $ $ 1.00                  
Convertible preferred stock, number of equity instruments (in shares) 5,500,000           5,500,000      
Make whole payment | $ $ 460,000,000           $ 460,000,000