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OTHER (INCOME) EXPENSE (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Other Income Disclosure Nonoperating Abstract      
Equity (income) loss of affiliated companies $ (30,000,000) $ (36,000,000) $ (36,000,000)
Gain on sale of available for sale investments 0 (221,000,000) (195,000,000)
Loss on sale of non-strategic businesses and assets 1,000,000 11,000,000 20,000,000
Interest Income (104,000,000) (102,000,000) (69,000,000)
Foreign exchange 43,000,000 34,000,000 34,000,000
Other expense 22,000,000 9,000,000 8,000,000
Other (Income) Expense, Total $ (68,000,000) $ (305,000,000) $ (238,000,000)