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ACQUISITION (Details Textuals) - USD ($)
shares in Millions
3 Months Ended 12 Months Ended
Oct. 05, 2015
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Nov. 05, 2015
Nov. 03, 2015
Oct. 01, 2015
Jun. 23, 2015
Mar. 26, 2015
Jun. 24, 2014
Jun. 23, 2014
Business Acquisition [Line Items]                                      
Business Combination, Acquisition Related Costs General                   $ 76,300,000                  
Financing Fees                   30,500,000                  
Change in Control Mandatory Acceleration of Expenses Under the Non-Qualified Pension Plan                   47,100,000                  
Sales   $ 1,267,400,000 $ 533,600,000 $ 535,400,000 $ 518,000,000 $ 499,800,000 $ 593,600,000 $ 570,400,000 $ 577,400,000 2,854,400,000 $ 2,241,200,000 $ 2,515,000,000              
Net (loss) income                   6,700,000 162,700,000 250,000,000              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory $ 477,100,000                                    
Goodwill   2,174,100,000       $ 747,100,000       2,174,100,000 $ 747,100,000 747,100,000              
Cash and Debt Distribution from Spinco 2,095,000,000                                    
2023 Senior Notes 720,000,000                                    
2025 Senior Notes 500,000,000                                    
Delayed-Draw Term Loan Facility of Spinco                               $ 1,050,000,000      
Delayed-Draw Term Loan Facility of Spinco, Amount Drawn 875,000,000                                    
Senior Credit Facility                               1,850,000,000   $ 415,000,000  
Line of Credit Facility, Maximum Borrowing Capacity                               500,000,000   $ 265,000,000 $ 265,000,000
Delayed-Draw Term Loan Facility, Maximum Borrowing Capacity                               1,350,000,000      
Delayed-Draw Term Loan Facility, Amount Drawn 475,000,000                                    
Combined Senior Credit Facility   $ 1,850,000,000               1,850,000,000                  
Subfacility of Senior Credit Facility                               $ 100,000,000      
Annual Required Principal Payment (Percent) in Years 1 and 2                               5.00%      
Annual Required Principal Payment (Percent) in Year 3                               7.50%      
Annual Required Principal Payment (Percent) in Years 4 and 5                               10.00%      
Sumitomo Credit Facility 600,000,000                                    
Sumitomo Credit Facility Amendment                           $ 200,000,000          
Sumitomo Credit Facility Amendment Borrowing                         $ 200,000,000            
Bridge Financing Commitments                                 $ 3,354,500,000    
Bridge Financing Amortized Debt Issuance Costs                   $ 30,000,000                  
Accrual for future payments 90,200,000                                    
Up-front payments under the ethylene agreements 433,500,000                                    
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Ethylene Asset $ 410,800,000                                    
Common stock, authorized (in shares)   240.0 120.0     120.0       240.0 120.0       240.0        
DCP Business                                      
Business Acquisition [Line Items]                                      
Shares 87.5                                    
Percentage of Outstanding Common Stock Acquired by Third Party 53.00%                                    
Percentage of Outstanding Common Stock Retained by Existing Stockholders 47.00%                                    
Change in Control Mandatory Acceleration of Expenses Under the Non-Qualified Pension Plan                   $ 47,100,000                  
Sales                   5,681,800,000 $ 6,948,200,000                
Net (loss) income                   (36,400,000) 2,400,000                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents $ 25,400,000                                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory 477,100,000                                    
Business Acquisition, Purchase Price Allocation, Current Assets, Receivables 418,900,000                                    
Business Acquisition Contracted Receivables Acquired 423,500,000                                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt 51,100,000                                    
Goodwill 1,427,500,000                                    
Business Acquisition, Goodwill, Expected Tax Deductible Amount 0                                    
Accrual for future payments 90,200,000                                    
Up-front payments under the ethylene agreements $ 433,500,000                                    
Pro Forma Adjustment For Acquisition Related Costs                   47,000,000 4,200,000                
Pro Forma Adjustment For Fair Value Adjustment Inventory                   24,000,000                  
Epoxy Segment                                      
Business Acquisition [Line Items]                                      
Sales                   429,600,000 0 0              
Net (loss) income                   (7,500,000) 0 0              
Goodwill   $ 296,600,000       $ 0       296,600,000 0 0              
Chlor Alkali Products and Vinyls Segment                                      
Business Acquisition [Line Items]                                      
Sales                   1,713,400,000 1,502,800,000 1,737,400,000              
Net (loss) income                   115,500,000 130,100,000 213,500,000              
Revenue, Net from DCP Business                   373,000,000                  
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest from DCP Business                   37,200,000                  
Goodwill   $ 1,877,500,000       $ 747,100,000       $ 1,877,500,000 $ 747,100,000 $ 747,100,000              
2023 Notes                                      
Business Acquisition [Line Items]                                      
Interest rate 9.75% 9.75%       0.00%       9.75% 0.00%                
2025 Notes                                      
Business Acquisition [Line Items]                                      
Interest rate 10.00% 10.00%       0.00%       10.00% 0.00%                
Minimum                                      
Business Acquisition [Line Items]                                      
Q4 2017 Supply Contract Payment                   $ 230,000,000                  
Q4 2020 Supply Contract Payment                   425,000,000                  
Maximum                                      
Business Acquisition [Line Items]                                      
Q4 2017 Supply Contract Payment                   250,000,000                  
Q4 2020 Supply Contract Payment                   $ 465,000,000