PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Sep. 30, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

The following table describes the various components of property, plant and equipment within the Consolidated Balance Sheets.

(In millions)	2016			2015
Land	$	226		$	202
Buildings	744			710
Machinery and equipment	3,024			2,957
Construction in progress	349			275
Total property, plant and equipment (gross)	4,343			4,144
Accumulated depreciation (a)	(2,119		)	(1,962		)
Total property, plant and equipment (net)	$	2,224		$	2,182

(a) As of September 30, 2016, accumulated depreciation included impairment charges to buildings and machinery and equipment of $1 million and $9 million, respectively, related to Intermediates/Solvents. See Note I for more information.

Property, Plant and Equipment Expenses [Table Text Block]

The following table summarizes various property, plant and equipment charges included within the Statements of Consolidated Comprehensive Income.

(In millions)	2016		2015		2014
Depreciation	$	260	$	263	$	304
Capitalized interest	1		2		1