INCOME TAXES (Schedule of Deferred Tax Balances) (Details) - USD ($) $ in Millions	Dec. 31, 2016		Jun. 01, 2016	Dec. 31, 2015		Dec. 31, 2014
Income Tax Note [Line Items]
Property, deferred tax assets	$ 307	[1]		$ 130	[2]
Tax loss and credit carryforwards, deferred tax assets	2,450	[1]		1,647
Postretirement benefit obligations, deferred tax assets	3,715	[1]		2,939	[2]
Other accruals and reserves, deferred tax assets	1,964	[1]		1,389	[2]
Intangibles, deferred tax assets	128	[1]		208
Inventory, deferred tax assets	50	[1]		13	[3]
Investments, deferred tax assets	179	[1]		204
Other - net, deferred tax assets	737	[1]		780	[2]
Subtotal, deferred tax assets	9,530	[1]		7,310
Valuation allowances, deferred tax assets	(1,061)	[1]		(1,000)
Total, deferred tax assets	8,469	[1]		6,310
Prepaid tax assets, deferred tax assets				293
Property, deferred tax liabilities	2,860	[1]		2,097	[2]
Postretirement benefit obligations, deferred tax liabilities	75	[1]		84	[2]
Other accruals and reserves, deferred tax liabilities	883	[1]		882	[2]
Intangibles, deferred tax liabilities	1,536	[1]		692
Inventory, deferred tax liabilities	197	[1]		218
Investments, deferred tax liabilities	119	[1]		242
Other - net, deferred tax liabilities	643	[1]		542	[2]
Total, deferred tax liabilities	6,313	[1]		4,757
Operating Loss Carryforwards	10,580			10,364
Tax Credit Carryforward, Amount	928			128
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Undistributed Earnings of Foreign Subsidiaries	18,668			$ 18,773		$ 18,037
Dow Corning Corporation [Member]
Income Tax Note [Line Items]
Postretirement benefit obligations, deferred tax assets			$ 474
Other accruals and reserves, deferred tax assets			70
Inventory, deferred tax assets			2
Investments, deferred tax assets			23
Subtotal, deferred tax assets			1,017
Valuation allowances, deferred tax assets			(18)
Total, deferred tax assets			999
Property, deferred tax liabilities			762
Other accruals and reserves, deferred tax liabilities			47
Intangibles, deferred tax liabilities			1,008
Inventory, deferred tax liabilities			33
Investments, deferred tax liabilities			8
Total, deferred tax liabilities			1,858
Operating Loss Carryforwards			$ 568
Expiration 2017 through 2021 [Member] [Member]
Income Tax Note [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	1,922
Tax Credit Carryforward, Amount	$ 28

[1] The Company assumed $999 million of deferred tax assets and $1,858 million of deferred tax liabilities as part of the DCC Transaction. See Note 4 for additional information.

[2] Prior year was adjusted to conform to the current year presentation.

[3] Prior year was adjusted to conform to the current year presentation for the reclassification of $293 million of prepaid tax assets to "Other current assets." See Note 1 for additional information.