clearInterval(intervalID:Number) : Void
вообще-то в документации все есть

Код:
//The following example first sets and then clears an interval call:
function callback() {
trace("interval called: "+getTimer()+" ms.");
}
var intervalID:Number = setInterval(callback, 1000);
/*
You must clear the interval when you have finished using the function.
Create a button called clearInt_btn and use the following ActionScript
to clear setInterval():
*/
clearInt_btn.onRelease = function(){
clearInterval( intervalID );
trace("cleared interval");
};