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TAXES ON INCOME Taxes on Income - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Other postretirement benefits $ 5 $ 5
Debt amortization 56 40
Other 31 26
Total deferred income tax assets 92 71
Deferred Tax Assets, Valuation Allowance (2) (2)
Deferred Tax Assets, Net 90 69
Property, plant and equipment (780) (776)
Deferred Tax Liabilities, Investment in Noncontrolled Affiliates (4) 795
Other (1) 6
Deferred Tax Liabilities, Gross 785 1,577
Deferred Tax Liabilities, Net 695 1,508
Deferred Tax Liabilities, Net, Noncurrent $ 695 $ 1,508