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)

9 Months Ended

Sep. 30, 2015

EMPLOYEE BENEFIT PLANS

Components of the net periodic benefit costs

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

		Defined Benefit Plans						Other Postretirement Benefit Plans
		Three months ended September 30,						Three months ended September 30,
		2015			2014			2015			2014
Service cost		$	18		$	14		$	1		$	1
Interest cost			31			36			1			1
Expected return on assets			(50	)		(48	)		—			—
Amortization of prior service benefit			(2	)		(1	)		(1	)		(1	)
Amortization of actuarial loss			20			13			—			—
Settlement loss			—			10			—			—

Net periodic benefit cost		$	17		$	24		$	1		$	1

		Defined Benefit Plans						Other Postretirement Benefit Plans
		Nine months ended September 30,						Nine months ended September 30,
		2015			2014			2015			2014
Service cost		$	54		$	44		$	3		$	2
Interest cost			92			110			4			4
Expected return on assets			(150	)		(146	)		—			—
Amortization of prior service benefit			(4	)		(4	)		(3	)		(3	)
Amortization of actuarial loss			57			39			2			1
Special termination benefits			3			3			—
Settlement loss			—			11			—			—

Net periodic benefit cost		$	52		$	57		$	6		$	4

Huntsman International

EMPLOYEE BENEFIT PLANS

Components of the net periodic benefit costs

		Defined Benefit Plans						Other Postretirement Benefit Plans
		Three months ended September 30,						Three months ended September 30,
		2015			2014			2015			2014
Service cost		$	18		$	14		$	1		$	1
Interest cost			31			36			1			1
Expected return on assets			(50	)		(48	)		—			—
Amortization of prior service benefit			(2	)		(1	)		(1	)		(1	)
Amortization of actuarial loss			22			15			—			—
Settlement loss			—			10			—			—

Net periodic benefit cost		$	19		$	26		$	1		$	1

		Defined Benefit Plans						Other Postretirement Benefit Plans
		Nine months ended September 30,						Nine months ended September 30,
		2015			2014			2015			2014
Service cost		$	54		$	44		$	3		$	2
Interest cost			92			110			4			4
Expected return on assets			(150	)		(146	)		—			—
Amortization of prior service benefit			(4	)		(4	)		(3	)		(3	)
Amortization of actuarial loss			63			45			2			1
Special termination benefits			3			3			—			—
Settlement loss			—			11			—			—

Net periodic benefit cost		$	58		$	63		$	6		$	4