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INCOME TAXES INCOME TAXES (Reconciliation to U.S. Statutory Rate) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Tax Note [Line Items]      
Taxes at U.S. statutory rate $ 2,381 $ 583 $ 1,260
Equity earnings effect 276 115 459
Foreign income taxed at rates other than 35% (76) [1] (76) [1] (242) [1]
U.S. tax effect of foreign earnings and dividends 102 13 218
Goodwill impairment losses 0 77 0
Discrete equity earnings, tax reconciliation 0 [2] 48 [2] 0 [2]
Change in permanent reinvestment assertion, tax reconciliation 0 (236) 0
Change in valuation allowances (197) 135 367
Unrecognized tax benefits 243 122 35
Federal tax accrual adjustments 29 4 8
Sale of a contract manufacturing subsidiary 0 [3] 0 [3] (231) [3]
Joint venture reorganization 0 0 (95)
Other - net (6) 10 (44)
Effective tax rate 29.20% 33.90% 22.70%
K-Dow Matter [Member]
     
Income Tax Note [Line Items]      
Income Tax Reconciliation, Litigation $ (212) [4] $ 0 [4] $ 0 [4]
[1] Includes the tax provision for statutory taxable income in foreign jurisdictions for which there is no corresponding amount in “Income Before Income Taxes.”
[2] Includes nonrecurring charges related to equity in earnings of nonconsolidated affiliates.
[3] The Company recognized a tax benefit of $231 million related to the sale of a contract manufacturing subsidiary, which was reduced by a $95 million valuation allowance in 2011.
[4] In 2013, the K-Dow arbitration award generated a tax rate benefit of $212 million due to the tax treatment of certain components of the award. See Note 14 for further information.