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

Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

6 Months Ended

Jun. 30, 2015

10. EMPLOYEE BENEFIT PLANS

Components of the net periodic benefit costs for the three months ended June 30, 2015 and 2014 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,
	2015			2014			2015			2014
Service cost	$	17		$	15		$	1		$	—
Interest cost		30			37			2			2
Expected return on assets		(49	)		(49	)		—			—
Amortization of prior service benefit		—			(2	)		(1	)		(1	)
Amortization of actuarial loss		18			13			1			1
Special termination benefits		3			—			—			—

Net periodic benefit cost	$	19		$	14		$	3		$	2

	Defined Benefit Plans						Other Postretirement Benefit Plans
	Six months ended June 30,						Six months ended June 30,
	2015			2014			2015			2014
Service cost	$	36		$	30		$	2		$	1
Interest cost		61			74			3			3
Expected return on assets		(100	)		(98	)		—			—
Amortization of prior service benefit		(2	)		(3	)		(2	)		(2	)
Amortization of actuarial loss		37			26			2			1
Special termination benefits		3			3			—			—
Settlement loss		—			1			—			—

Net periodic benefit cost	$	35		$	33		$	5		$	3

Huntsman International

	Defined Benefit Plans						Other Postretirement Benefit Plans
	Three months ended June 30,						Three months ended June 30,
	2015			2014			2015			2014
Service cost	$	17		$	15		$	1		$	—
Interest cost		30			37			2			2
Expected return on assets		(49	)		(49	)		—			—
Amortization of prior service benefit		—			(2	)		(1	)		(1	)
Amortization of actuarial loss		20			15			1			1
Special termination benefits		3			—			—			—

Net periodic benefit cost	$	21		$	16		$	3		$	2

	Defined Benefit Plans						Other Postretirement Benefit Plans
	Six months ended June 30,						Six months ended June 30,
	2015			2014			2015			2014
Service cost	$	36		$	30		$	2		$	1
Interest cost		61			74			3			3
Expected return on assets		(100	)		(98	)		—			—
Amortization of prior service benefit		(2	)		(3	)		(2	)		(2	)
Amortization of actuarial loss		41			30			2			1
Special termination benefits		3			3			—			—
Settlement loss		—			1			—			—

Net periodic benefit cost	$	39		$	37		$	5		$	3

During the six months ended June 30, 2015 and 2014, we made contributions to our pension and other postretirement benefit plans of $55 million and $60 million, respectively. During the remainder of 2015, we expect to contribute an additional amount of approximately $45 million to these plans.