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OTHER CHARGES (INCOME), NET (Tables)
12 Months Ended
Dec. 31, 2016
Other Income and Expenses [Abstract]  
Schedule of Other Nonoperating Income (Expense)
 
For years ended December 31,
(Dollars in millions)
2016
 
2015
 
2014
Foreign exchange transaction losses (gains), net
$
27

 
$
6

 
$
(7
)
Financing costs related to the acquisition of Taminco

 

 
10

(Income) loss from equity investments and other investment (gains) losses, net
(15
)
 
(15
)
 
(13
)
Gain from sale of equity investment in Primester joint venture
(17
)
 

 

Other, net
(1
)
 
1

 
(5
)
Other (income) charges, net
$
(6
)
 
$
(8
)
 
$
(15
)