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DEBT (Details) (USD $)
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12 Months Ended | 0 Months Ended | 12 Months Ended | 12 Months Ended | 0 Months Ended | |||||||||||||||||||||||
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2011
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Dec. 31, 2013
Loans payable
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Dec. 31, 2012
Loans payable
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Dec. 31, 2011
Loans payable
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Nov. 09, 2012
5-year revolving credit agreement
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Dec. 31, 2013
5-year revolving credit agreement
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Dec. 31, 2013
International and other domestic short-term credit facilities
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Dec. 31, 2012
International and other domestic short-term credit facilities
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Dec. 31, 2010
Export financing loan, 4.5%, due 2013
entity
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Dec. 31, 2012
Export financing loan, 4.5%, due 2013
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Dec. 31, 2013
Senior Notes, 3.65%, due 2023
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Dec. 31, 2013
Debentures, 6.75%, due 2027
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Dec. 31, 2012
Debentures, 6.75%, due 2027
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Dec. 31, 2013
Debentures, 7.125%, due 2028
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Dec. 31, 2012
Debentures, 7.125%, due 2028
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Dec. 31, 2013
Senior Notes 4.875 Percent, Due 2043
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Dec. 31, 2012
Senior Notes 4.875 Percent, Due 2043
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Dec. 31, 2013
Debentures, 5.65%, due 2098 (effective interest rate 7.48%)
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Dec. 31, 2012
Debentures, 5.65%, due 2098 (effective interest rate 7.48%)
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Dec. 31, 2013
Credit Facility Related to Consolidated Joint Ventures
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Dec. 31, 2012
Credit Facility Related to Consolidated Joint Ventures
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Dec. 31, 2013
Other long-term debt
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Dec. 31, 2012
Other long-term debt
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Sep. 19, 2013
Senior Notes
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Sep. 19, 2013
Senior Notes
Senior Notes, 3.65%, due 2023
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Sep. 19, 2013
Senior Notes
Senior Notes 4.875 Percent, Due 2043
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| Long-term debt | ||||||||||||||||||||||||||||
| Loans payable | $ 17,000,000 | $ 16,000,000 | ||||||||||||||||||||||||||
| Weighted average interest rate (as a percent) | 2.59% | 3.21% | 4.19% | |||||||||||||||||||||||||
| Total interest incurred | 48,000,000 | 39,000,000 | 48,000,000 | |||||||||||||||||||||||||
| Interest capitalized | 7,000,000 | 7,000,000 | 4,000,000 | |||||||||||||||||||||||||
| Term of loan | 5 years | 3 years | ||||||||||||||||||||||||||
| Revolving credit facility amount available for swingline loans | 200,000,000 | |||||||||||||||||||||||||||
| Reference rate for variable rate of interest | LIBOR | |||||||||||||||||||||||||||
| Percentage added to reference rate to compute the variable interest rate | 0.875% | |||||||||||||||||||||||||||
| Leverage ratio | 3.25 | |||||||||||||||||||||||||||
| Maximum credit capacity of the revolving credit facility | 1,750,000,000 | 1,750,000,000 | ||||||||||||||||||||||||||
| Less: Letters of credit against revolving credit facility | 23,000,000 | |||||||||||||||||||||||||||
| Amount available for borrowing under the revolving credit facility | 1,727,000,000 | 310,000,000 | ||||||||||||||||||||||||||
| Commitments against other domestic and international short-term facilities | 17,000,000 | 16,000,000 | ||||||||||||||||||||||||||
| Debt instrument interest rate (as a percent) | 4.50% | 6.75% | 7.125% | 5.65% | 3.65% | 4.875% | ||||||||||||||||||||||
| Effective interest rate (as a percent) | 7.48% | |||||||||||||||||||||||||||
| Long-term debt gross | 1,630,000,000 | 653,000,000 | 23,000,000 | 500,000,000 | 58,000,000 | 58,000,000 | 250,000,000 | 250,000,000 | 500,000,000 | 165,000,000 | 165,000,000 | 92,000,000 | 88,000,000 | 65,000,000 | 69,000,000 | |||||||||||||
| Unamortized discount | (48,000,000) | (35,000,000) | ||||||||||||||||||||||||||
| Fair value adjustment due to hedge on indebtedness | 49,000,000 | 88,000,000 | ||||||||||||||||||||||||||
| Capital leases | 92,000,000 | 53,000,000 | ||||||||||||||||||||||||||
| Total long-term debt | 1,723,000,000 | 759,000,000 | ||||||||||||||||||||||||||
| Less: Current maturities of long-term debt | (51,000,000) | (61,000,000) | ||||||||||||||||||||||||||
| Long-term debt | 1,672,000,000 | 698,000,000 | ||||||||||||||||||||||||||
| Principal payments required on long-term debt | ||||||||||||||||||||||||||||
| 2014 | 51,000,000 | |||||||||||||||||||||||||||
| 2015 | 55,000,000 | |||||||||||||||||||||||||||
| 2016 | 82,000,000 | |||||||||||||||||||||||||||
| 2017 | 8,000,000 | |||||||||||||||||||||||||||
| 2018 | 17,000,000 | |||||||||||||||||||||||||||
| Other debt disclosure | ||||||||||||||||||||||||||||
| Proceeds from borrowings | 1,004,000,000 | 64,000,000 | 127,000,000 | 979,000,000 | ||||||||||||||||||||||||
| Number of wholly-owned Brazilian subsidiaries entering into loan agreement. | 2 | |||||||||||||||||||||||||||
| US dollar equivalent of foreign debt upon issuance | $ 50,000,000 | $ 1,000,000,000 | $ 500,000,000 | $ 500,000,000 | ||||||||||||||||||||||||
| Grace period | 2 years | |||||||||||||||||||||||||||