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

Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)

6 Months Ended

Jun. 30, 2015

EMPLOYEE BENEFIT PLANS

Components of the net periodic benefit costs

Components of the net periodic benefit costs for the three months ended June 30, 2015 and 2014 were as follows (dollars in millions):

		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

EMPLOYEE BENEFIT PLANS

Components of the net periodic benefit costs

		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