Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME (LOSS)

 v2.3.0.11
OTHER COMPREHENSIVE INCOME (LOSS)
6 Months Ended
Jun. 30, 2011
OTHER COMPREHENSIVE INCOME (LOSS)  
OTHER COMPREHENSIVE INCOME (LOSS)

12. OTHER COMPREHENSIVE INCOME (LOSS)

        The components of other comprehensive income (loss) were as follows (dollars in millions):

Huntsman Corporation

 
   
   
  Other comprehensive income (loss)  
 
  Accumulated other
comprehensive income (loss)
 
 
  Three Months Ended   Six Months Ended  
 
  June 30,
2011
  December 31,
2010
  June 30,
2011
  June 30,
2010
  June 30,
2011
  June 30,
2010
 

Foreign currency translation adjustments, net of tax of $16 and $25 as of June 30, 2011 and December 31, 2010, respectively

  $ 445   $ 298   $ 56   $ (63 ) $ 147   $ (113 )

Pension and other postretirement benefit adjustments, net of tax of $90 and $92 as of June 30, 2011 and December 31, 2010, respectively

    (605 )   (613 )   4     4     8     10  

Other comprehensive income of unconsolidated affiliates

    7     7     —     —     —     —  

Other, net

    5     4     —     (5 )   1     (5 )
                           
 

Total

    (148 )   (304 )   60     (64 )   156     (108 )

Amounts attributable to noncontrolling interests

    6     7     —     —     (1 )   —  
                           

Amounts attributable to Huntsman Corporation

  $ (142 ) $ (297 ) $ 60   $ (64 ) $ 155   $ (108 )
                           

 

Huntsman International

 
   
   
  Other comprehensive income (loss)  
 
  Accumulated other
comprehensive income (loss)
 
 
  Three Months Ended   Six Months Ended  
 
  June 30,
2011
  December 31,
2010
  June 30,
2011
  June 30,
2010
  June 30,
2011
  June 30,
2010
 

Foreign currency translation adjustments, net of tax of $3 and $12 as of June 30, 2011 and December 31, 2010, respectively

  $ 444   $ 296   $ 55   $ (63 ) $ 148   $ (114 )

Pension and other postretirement benefit adjustments, net of tax of $122 and $124 as of June 30, 2011 and December 31, 2010, respectively

    (652 )   (663 )   6     5     11     13  

Other comprehensive income of unconsolidated affiliates

    7     7     —     —     —     —  

Other, net

    (1 )   (1 )   —     (5 )   —     (5 )
                           
 

Total

    (202 )   (361 )   61     (63 )   159     (106 )

Amounts attributable to noncontrolling interests

    6     7     —     —     (1 )   —  
                           

Amounts attributable to Huntsman International LLC

  $ (196 ) $ (354 ) $ 61   $ (63 ) $ 158   $ (106 )
                           

        Items of other comprehensive income (loss) 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.