Annual report pursuant to Section 13 and 15(d)

OTHER COMPREHENSIVE (LOSS) INCOME

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OTHER COMPREHENSIVE (LOSS) INCOME
12 Months Ended
Dec. 31, 2011
OTHER COMPREHENSIVE (LOSS) INCOME  
OTHER COMPREHENSIVE (LOSS) INCOME

23. OTHER COMPREHENSIVE (LOSS) INCOME

        Other comprehensive (loss) income consisted of the following (dollars in millions):

Huntsman Corporation

 
  December 31,  
 
  2011   2010   2009  
 
  Accumulated
income (loss)
  (Loss)
income
  Accumulated
income (loss)
  Income
(loss)
  Income
(loss)
 

Foreign currency translation adjustments, net of tax of $24 and $25 as of December 31, 2011 and 2010, respectively

  $ 218   $ (80 ) $ 298   $ 24   $ 70  

Pension and other postretirement benefits adjustments, net of tax $124 and $92 as of December 31, 2011 and 2010, respectively

    (800 )   (187 )   (613 )   (33 )   133  

Other comprehensive income (loss) of unconsolidated affiliates

    8     1     7         (2 )

Other, net

    3     (1 )   4     (2 )   2  
                       

Total

    (571 )   (267 )   (304 )   (11 )   203  

Amounts attributable to noncontrolling interests

    12     5     7     1     (1 )
                       

Amounts attributable to Huntsman Corporation

  $ (559 ) $ (262 ) $ (297 ) $ (10 ) $ 202  
                       

Huntsman International

 
  December 31,  
 
  2011   2010   2009  
 
  Accumulated
income (loss)
  (Loss)
income
  Accumulated
income (loss)
  Income
(loss)
  Income
(loss)
 

Foreign currency translation adjustments, net of tax of $11 and $12 as of December 31, 2011 and 2010, respectively

  $ 217   $ (79 ) $ 296   $ 23   $ 71  

Pension and other postretirement benefits adjustments, net of tax $156 and $124 as of December 31, 2011 and 2010, respectively

    (845 )   (182 )   (663 )   (28 )   136  

Other comprehensive income (loss) of unconsolidated affiliates

    8     1     7         (2 )

Other, net

    (3 )   (2 )   (1 )   (2 )   2  
                       

Total

    (623 )   (262 )   (361 )   (7 )   207  

Amounts attributable to noncontrolling interests

    12     5     7     1     (1 )
                       

Amounts attributable to Huntsman International LLC

  $ (611 ) $ (257 ) $ (354 ) $ (6 ) $ 206  
                       

        Items of other comprehensive (loss) income of our Company and our consolidated affiliates have been recorded net of tax, with the exception of the foreign currency translation adjustments related to subsidiaries with earnings permanently reinvested. The tax effect is determined based upon the jurisdiction where the income or loss was recognized and is net of valuation allowances.