Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT

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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2013
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

5. PROPERTY, PLANT AND EQUIPMENT

        The cost and accumulated depreciation of property, plant and equipment were as follows (dollars in millions):

  • Huntsman Corporation

 
  December 31,  
 
  2013   2012  

Land

  $ 159   $ 151  

Buildings

    730     666  

Plant and equipment

    6,589     6,242  

Construction in progress

    613     549  
           

Total

    8,091     7,608  

Less accumulated depreciation

    (4,267 )   (3,863 )
           

Net

  $ 3,824   $ 3,745  
           
           

        Depreciation expense for 2013, 2012 and 2011 was $415 million, $399 million and $398 million, respectively, of which $2 million, $5 million and nil was related to discontinued operations in 2013, 2012 and 2011, respectively.

  • Huntsman International

 
  December 31,  
 
  2013   2012  

Land

  $ 159   $ 151  

Buildings

    730     666  

Plant and equipment

    6,617     6,270  

Construction in progress

    613     549  
           

Total

    8,119     7,636  

Less accumulated depreciation

    (4,360 )   (3,980 )
           

Net

  $ 3,759   $ 3,656  
           
           

        Depreciation expense for 2013, 2012 and 2011 was $391 million, $375 million and $374 million, respectively, of which $2 million, $5 million and nil was related to discontinued operations in 2013, 2012 and 2011, respectively.