Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME (LOSS) (Details)

v3.2.0.727
OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Dec. 31, 2013
Components of other comprehensive income (loss)            
Balance at the beginning of the period     $ (1,076) $ (585) $ (585)  
Other comprehensive (loss) income before reclassifications     (138)      
Amounts reclassified from accumulated other comprehensive loss     27 18    
Other comprehensive income (loss), net of tax $ 59 $ 11 (111) 18    
Balance at the end of the period (1,187) (567) (1,187) (567) (1,076) $ (585)
Net income 39 124 54 186    
Discontinued Operations            
Components of other comprehensive income (loss)            
Actuarial loss 1 1 2 2    
Foreign currency translation adjustment            
Components of other comprehensive income (loss)            
Balance at the beginning of the period     25 246 246  
Other comprehensive (loss) income before reclassifications     (142)      
Other comprehensive income (loss), net of tax     (142)      
Balance at the end of the period (117) 246 (117) 246 25 246
Other comprehensive income (loss), tax     66 15 47 13
Pension and other postretirement benefits adjustments, net of tax            
Components of other comprehensive income (loss)            
Balance at the beginning of the period     (1,122) (851) (851)  
Other comprehensive (loss) income before reclassifications     (5)      
Amounts reclassified from accumulated other comprehensive loss     27 17    
Other comprehensive income (loss), net of tax     22 17    
Balance at the end of the period (1,100) (834) (1,100) (834) (1,122) (851)
Other comprehensive income (loss), tax     175 77 182 83
Pension and other postretirement benefits adjustments, net of tax | Amount reclassified            
Components of other comprehensive income (loss)            
Prior service credit (2) (3) (4) (5)    
Actuarial loss 20 14 39 27    
Settlement loss       1    
Total before tax 18 11 35 23    
Income tax expense (4) (3) (8) (6)    
Net income 14 8 27 17    
Other comprehensive income (loss) of unconsolidated affiliates            
Components of other comprehensive income (loss)            
Balance at the beginning of the period     10 12 12  
Other comprehensive (loss) income before reclassifications     9      
Other comprehensive income (loss), net of tax     9      
Balance at the end of the period 19 12 19 12 10 12
Other, net            
Components of other comprehensive income (loss)            
Balance at the beginning of the period     11 8 8  
Amounts reclassified from accumulated other comprehensive loss       1    
Other comprehensive income (loss), net of tax       1    
Balance at the end of the period 11 9 11 9 11 8
Noncontrolling interests in subsidiaries            
Components of other comprehensive income (loss)            
Balance at the beginning of the period     (23) (8) (8)  
Other comprehensive (loss) income before reclassifications     (5) (3)    
Other comprehensive income (loss), net of tax     (5) (3)    
Balance at the end of the period (28) (11) (28) (11) (23) (8)
Net income     20 13    
Huntsman Corporation            
Components of other comprehensive income (loss)            
Balance at the beginning of the period     (1,053) (577) (577)  
Other comprehensive (loss) income before reclassifications     (133) 3    
Amounts reclassified from accumulated other comprehensive loss     27 18    
Other comprehensive income (loss), net of tax     (106) 21    
Balance at the end of the period $ (1,159) $ (556) $ (1,159) $ (556) $ (1,053) $ (577)