Huntsman Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

ACCRUED LIABILITIES

ACCRUED LIABILITIES

12 Months Ended

Dec. 31, 2011

ACCRUED LIABILITIES

ACCRUED LIABILITIES

10. ACCRUED LIABILITIES

Accrued liabilities consisted of the following (dollars in millions):

Huntsman Corporation

		December 31,

		2011			2010
Payroll and related costs		$	158		$	166
Interest			49			40
Volume and rebate accruals			91			86
Income taxes			46			33
Taxes other than income taxes			61			77
Restructuring and plant closing costs			91			47
Environmental accruals			7			13
Pension liabilities			12			11
Other postretirement benefits			12			12
Self-insured casualty loss reserves			13			17
Deferred revenue			28			5
Legal reserve			15			—
Other miscellaneous accruals			112			121

Total		$	695		$	628

Huntsman International

		December 31,

		2011			2010
Payroll and related costs		$	158		$	166
Interest			49			40
Volume and rebate accruals			91			86
Income taxes			46			33
Taxes other than income taxes			61			77
Restructuring and plant closing costs			91			47
Environmental accruals			7			13
Pension liabilities			12			11
Other postretirement benefits			12			12
Self-insured casualty loss reserves			13			17
Deferred revenue			28			5
Legal reserve			15			—
Other miscellaneous accruals			111			119

Total		$	694		$	626