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GOODWILL (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill [Line Items]  
Schedule of Goodwill [Table Text Block]
Changes to the carrying value of goodwill follow:
(Dollars in millions)
Additives & Functional Products
 
Adhesives & Plasticizers
 
Advanced Materials
 
Chemical Intermediates
 
Other Segments
 
Total
Balance at December 31, 2015
$
1,865

 
$
111

 
$
1,293

 
$
1,239

 
$
10

 
$
4,518

Adjustments to net goodwill resulting from reorganization
583

 
(111
)
 

 
(472
)
 

 

Currency translation adjustments (1)
(26
)
 

 
(14
)
 
(4
)
 

 
(44
)
Balance at September 30, 2016
$
2,422

 
$

 
$
1,279

 
$
763

 
$
10

 
$
4,474



(1) 
See Note 1, "Basis of Presentation" regarding correction of prior period foreign currency translation.