Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS

 v2.3.0.11
EMPLOYEE BENEFIT PLANS
 6 Months Ended
Jun. 30, 2011
EMPLOYEE BENEFIT PLANS  
EMPLOYEE BENEFIT PLANS

10. EMPLOYEE BENEFIT PLANS

        Components of the net periodic benefit costs for the three and six months ended June 30, 2011 and 2010 were as follows (dollars in millions):

Huntsman Corporation

 
   Defined Benefit Plans   Other Postretirement
Benefit Plans		  
 
   Three Months Ended
June 30,		   Three Months Ended
June 30,		  
 
   2011   2010   2011   2010  

Service cost

   $ 17   $ 16   $ 1   $ 1  

Interest cost

     39     35     2     2  

Expected return on assets

     (48 )   (40 )   —     —  

Amortization of prior service cost

     (2 )   (2 )   —     —  

Amortization of actuarial loss

     7     6     —     —  
                   

Net periodic benefit cost

   $ 13   $ 15   $ 3   $ 3  
                   

 

 
   Defined Benefit Plans   Other Postretirement
Benefit Plans		  
 
   Six Months Ended
June 30, 		  Six Months Ended
June 30, 		 
 
   2011   2010   2011   2010  

Service cost

   $ 33   $ 33   $ 2   $ 2  

Interest cost

     77     71     4     4  

Expected return on assets

     (94 )   (82 )   —     —  

Amortization of prior service cost

     (3 )   (3 )   (1 )   (1 )

Amortization of actuarial loss

     14     12     —     —  
                   

Net periodic benefit cost

   $ 27   $ 31   $ 5   $ 5  
                   

 

Huntsman International

 
   Defined Benefit Plans   Other Postretirement
Benefit Plans		  
 
   Three Months Ended
June 30,		   Three Months Ended
June 30,		  
 
   2011   2010   2011   2010  

Service cost

   $ 17   $ 16   $ 1   $ 1  

Interest cost

     39     35     2     2  

Expected return on assets

     (48 )   (40 )   —     —  

Amortization of prior service cost

     (2 )   (2 )   —     —  

Amortization of actuarial loss

     9     7     —     —  
                   

Net periodic benefit cost

   $ 15   $ 16   $ 3   $ 3  
                   

 
   Defined Benefit Plans   Other Postretirement
Benefit Plans		  
 
   Six Months Ended
June 30, 		  Six Months Ended
June 30, 		 
 
   2011   2010   2011   2010  

Service cost

   $ 33   $ 33   $ 2   $ 2  

Interest cost

     77     71     4     4  

Expected return on assets

     (94 )   (82 )   —     —  

Amortization of prior service cost

     (3 )   (3 )   (1 )   (1 )

Amortization of actuarial loss

     17     15     —     —  
                   

Net periodic benefit cost

   $ 30   $ 34   $ 5   $ 5  
                   

        During the six months ended June 30, 2011 and 2010, we made contributions to our pension and other postretirement benefit plans of $96 million and $72 million, respectively. During the remainder of 2011, we expect to contribute an additional amount of $68 million to these plans.