Huntsman Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- GENERAL (Policies)
Notes Tables
Notes Details

EMPLOYEE BENEFIT PLANS (Details)

v2.4.1.9

EMPLOYEE BENEFIT PLANS (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
DEFINED BENEFIT AND OTHER POSTRETIREMENT BENEFIT PLANS
Contributions to pension and other postretirement benefit plans	$ 33	$ 28
Expected contributions to pension and other postretirement benefit plans during remainder of 2014	66
Defined Benefit Plans
Components of net periodic benefit cost
Service cost	19	15
Interest cost	31	37
Expected return on plan assets	(51)	(49)
Amortization of prior service benefit	(2)	(1)
Amortization of actuarial loss	19	13
Special termination benefits		3
Settlement loss		1
Net periodic benefit cost	16	19
Defined Benefit Plans \| Huntsman International
Components of net periodic benefit cost
Service cost	19	15
Interest cost	31	37
Expected return on plan assets	(51)	(49)
Amortization of prior service benefit	(2)	(1)
Amortization of actuarial loss	21	15
Special termination benefits		3
Settlement loss		1
Net periodic benefit cost	18	21
Other Postretirement Benefit Plans
Components of net periodic benefit cost
Service cost	1	1
Interest cost	1	1
Amortization of prior service benefit	(1)	(1)
Amortization of actuarial loss	1
Net periodic benefit cost	2	1
Other Postretirement Benefit Plans \| Huntsman International
Components of net periodic benefit cost
Service cost	1	1
Interest cost	1	1
Amortization of prior service benefit	(1)	(1)
Amortization of actuarial loss	1
Net periodic benefit cost	$ 2	$ 1

- Definition

The amount of gains or losses recognized in net periodic benefit cost.

+ References

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- Definition

The amount of the prior service cost or credit recognized in net periodic benefit cost relating to benefit changes attributable to plan participants' prior service pursuant to a plan amendment or a plan initiation.

+ References

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- Definition

An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 30

-Glossary Expected Return on Plan Assets

-URI http://asc.fasb.org/extlink&oid=6512136

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 60

-Glossary Expected Return on Plan Assets

-URI http://asc.fasb.org/extlink&oid=6512171

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (h)(3)

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- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

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- Definition

The total amount of net periodic benefit cost for defined benefit plans for the period. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments.

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- Definition

Amount of net gain (loss) recognized in net periodic benefit cost as a result of an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include, but are not limited to, lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contracts to cover vested benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

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-Topic 715

-SubTopic 30

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-Paragraph 6

-Subparagraph (a)(1)

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- Definition

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (h)(1)

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Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Service Cost (Component of Net Periodic Pension Cost)

-URI http://asc.fasb.org/extlink&oid=6525008

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

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-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (a)(1)

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- Definition

Amount of employer's best estimate of contributions expected to be paid to the plan in the current remaining fiscal period.

+ References

No definition available.

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- Definition

The amount of increase related to special termination benefits offered to and accepted by employees in connection with their termination of employment that are only offered for a short period of time. A situation involving termination benefits may also involve a curtailment.

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- Definition

The amount of cash or cash equivalents contributed during the reporting period by the entity to fund its pension plans and its non-pension postretirement benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-Subparagraph (g)

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