|
OTHER COMPREHENSIVE (LOSS) INCOME (Tables)
|
12 Months Ended |
|
Dec. 31, 2014
|
| Schedule of details about other comprehensive (loss) income |
Other comprehensive (loss) income consisted of the following (dollars in millions):
|
|
|
Foreign
currency
translation
adjustment(a)
|
|
Pension
and other
postretirement
benefits
adjustments,
net of tax(b)
|
|
Other
comprehensive
income of
unconsolidated
affiliates
|
|
Other,
net
|
|
Total
|
|
Amounts
attributable to
noncontrolling
interests
|
|
Amounts
attributable to
Huntsman
Corporation
|
|
|
Beginning balance, January 1, 2014
|
|
$
|
246
|
|
$
|
(851
|
)
|
$
|
12
|
|
$
|
8
|
|
$
|
(585
|
)
|
$
|
8
|
|
$
|
(577
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss) income before reclassifications
|
|
|
(221
|
)
|
|
(223
|
)
|
|
(2
|
)
|
|
3
|
|
|
(443
|
)
|
|
15
|
|
|
(428
|
)
|
|
Amounts reclassified from accumulated other comprehensive loss(c)
|
|
|
—
|
|
|
(48
|
)
|
|
—
|
|
|
—
|
|
|
(48
|
)
|
|
—
|
|
|
(48
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive (loss) income
|
|
|
(221
|
)
|
|
(271
|
)
|
|
(2
|
)
|
|
3
|
|
|
(491
|
)
|
|
15
|
|
|
(476
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance, December 31, 2014
|
|
$
|
25
|
|
$
|
(1,122
|
)
|
$
|
10
|
|
$
|
11
|
|
$
|
(1,076
|
)
|
$
|
23
|
|
$
|
(1,053
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a)
|
Amounts are net of tax of $47 and $13 as of December 31, 2014 and January 1, 2014, respectively.
|
|
(b)
|
Amounts are net of tax of $182 and $83 as of December 31, 2014 and January 1, 2014, respectively.
|
|
(c)
|
See table below for details about these reclassifications.
|
|
|
|
Foreign
currency
translation
adjustment(a)
|
|
Pension
and other
postretirement
benefits
adjustments,
net of tax(b)
|
|
Other
comprehensive
income of
unconsolidated
affiliates
|
|
Other,
net
|
|
Total
|
|
Amounts
attributable to
noncontrolling
interests
|
|
Amounts
attributable to
Huntsman
Corporation
|
|
|
Beginning balance, January 1, 2013
|
|
$
|
269
|
|
$
|
(1,036
|
)
|
$
|
7
|
|
$
|
3
|
|
$
|
(757
|
)
|
$
|
13
|
|
$
|
(744
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss) income before reclassifications
|
|
|
(23
|
)
|
|
246
|
|
|
5
|
|
|
5
|
|
|
233
|
|
|
(5
|
)
|
|
228
|
|
|
Amounts reclassified from accumulated other comprehensive loss(c)
|
|
|
—
|
|
|
(61
|
)
|
|
—
|
|
|
—
|
|
|
(61
|
)
|
|
—
|
|
|
(61
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive (loss) income
|
|
|
(23
|
)
|
|
185
|
|
|
5
|
|
|
5
|
|
|
172
|
|
|
(5
|
)
|
|
167
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance, December 31, 2013
|
|
$
|
246
|
|
$
|
(851
|
)
|
$
|
12
|
|
$
|
8
|
|
$
|
(585
|
)
|
$
|
8
|
|
$
|
(577
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a)
|
Amounts are net of tax of $13 and $20 as of December 31, 2013 and January 1, 2013, respectively.
|
|
(b)
|
Amounts are net of tax of $83 and $197 as of December 31, 2013 and January 1, 2013, respectively.
|
|
(c)
|
See table below for details about these reclassifications.
|
|
| Schedule of details about reclassifications from other comprehensive (loss) income |
|
|
|
Year ended
December 31,
2014
|
|
Year ended
December 31,
2013
|
|
Year ended
December 31,
2012
|
|
|
|
Details about Accumulated Other Comprehensive Loss Components(a):
|
|
Amount
reclassified
from accumulated
other
comprehensive
loss
|
|
Amount
reclassified
from accumulated
other
comprehensive
loss
|
|
Amount
reclassified
from accumulated
other
comprehensive
loss
|
|
Affected line
item in the
statement where
net income is
presented
|
|
Amortization of pension and other postretirement benefits:
|
|
|
|
|
|
|
|
|
|
|
|
|
Prior service credit
|
|
$
|
9
|
|
$
|
8
|
|
$
|
10
|
|
(b)
|
|
Actuarial loss
|
|
|
(55
|
)
|
|
(80
|
)
|
|
(46
|
)
|
(b)(c)
|
|
Settlement loss
|
|
|
(13
|
)
|
|
(12
|
)
|
|
(13
|
)
|
(b)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(59
|
)
|
|
(84
|
)
|
|
(49
|
)
|
Total before tax
|
|
|
|
|
11
|
|
|
23
|
|
|
7
|
|
Income tax expense
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total reclassifications for the period
|
|
$
|
(48
|
)
|
$
|
(61
|
)
|
$
|
(42
|
)
|
Net of tax
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a)
|
Pension and other postretirement benefits amounts in parentheses indicate credits on our consolidated statements of operations.
|
|
(b)
|
These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See "Note 16. Employee Benefit Plans."
|
|
(c)
|
Amounts contain approximately $4 million, $6 million and $4 million of actuarial losses related to discontinued operations for the years ended December 31, 2014, 2013 and 2012, respectively.
|
|
| Huntsman International |
|
| Schedule of details about other comprehensive (loss) income |
Other comprehensive (loss) income consisted of the following (dollars in millions):
|
|
|
Foreign
currency
translation
adjustment(a)
|
|
Pension
and other
postretirement
benefits
adjustments,
net of tax(b)
|
|
Other
comprehensive
income of
unconsolidated
affiliates
|
|
Other,
net
|
|
Total
|
|
Amounts
attributable to
noncontrolling
interests
|
|
Amounts
attributable to
Huntsman
International
|
|
|
Beginning balance, January 1, 2014
|
|
$
|
243
|
|
$
|
(883
|
)
|
$
|
12
|
|
$
|
2
|
|
$
|
(626
|
)
|
$
|
8
|
|
$
|
(618
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss) income before reclassifications
|
|
|
(221
|
)
|
|
(210
|
)
|
|
(2
|
)
|
|
3
|
|
|
(430
|
)
|
|
15
|
|
|
(415
|
)
|
|
Amounts reclassified from accumulated other comprehensive loss(c)
|
|
|
—
|
|
|
(54
|
)
|
|
—
|
|
|
—
|
|
|
(54
|
)
|
|
—
|
|
|
(54
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive (loss) income
|
|
|
(221
|
)
|
|
(264
|
)
|
|
(2
|
)
|
|
3
|
|
|
(484
|
)
|
|
15
|
|
|
(469
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance, December 31, 2014
|
|
$
|
22
|
|
$
|
(1,147
|
)
|
$
|
10
|
|
$
|
5
|
|
$
|
(1,110
|
)
|
$
|
23
|
|
$
|
(1,087
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a)
|
Amounts are net of tax of $34 and nil as of December 31, 2014 and January 1, 2014, respectively.
|
|
(b)
|
Amounts are net of tax of $211 and $113 as of December 31, 2014 and January 1, 2014, respectively.
|
|
(c)
|
See table below for details about these reclassifications.
|
|
|
|
Foreign
currency
translation
adjustment(a)
|
|
Pension
and other
postretirement
benefits
adjustments,
net of
tax(b)
|
|
Other
comprehensive
income of
unconsolidated
affiliates
|
|
Other,
net
|
|
Total
|
|
Amounts
attributable to
noncontrolling
interests
|
|
Amounts
attributable to
Huntsman
International
|
|
|
Beginning balance, January 1, 2013
|
|
$
|
268
|
|
$
|
(1,076
|
)
|
$
|
7
|
|
$
|
(3
|
)
|
$
|
(804
|
)
|
$
|
13
|
|
$
|
(791
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss) income before reclassifications
|
|
|
(25
|
)
|
|
259
|
|
|
5
|
|
|
5
|
|
|
244
|
|
|
(5
|
)
|
|
239
|
|
|
Amounts reclassified from accumulated other comprehensive loss(c)
|
|
|
—
|
|
|
(66
|
)
|
|
—
|
|
|
—
|
|
|
(66
|
)
|
|
—
|
|
|
(66
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive (loss) income
|
|
|
(25
|
)
|
|
193
|
|
|
5
|
|
|
5
|
|
|
178
|
|
|
(5
|
)
|
|
173
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance, December 31, 2013
|
|
$
|
243
|
|
$
|
(883
|
)
|
$
|
12
|
|
$
|
2
|
|
$
|
(626
|
)
|
$
|
8
|
|
$
|
(618
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a)
|
Amounts are net of tax of nil and $7 as of December 31, 2013 and January 1, 2013, respectively.
|
|
(b)
|
Amounts are net of tax of $113 and $228 as of December 31, 2013 and January 1, 2013, respectively.
|
|
(c)
|
See table below for details about these reclassifications.
|
|
| Schedule of details about reclassifications from other comprehensive (loss) income |
|
|
|
Year ended
December 31,
2014
|
|
Year ended
December 31,
2013
|
|
Year ended
December 31,
2012
|
|
|
|
Details about Accumulated Other Comprehensive Loss Components(a):
|
|
Amount
reclassified
from
accumulated
other
comprehensive
loss
|
|
Amount
reclassified
from
accumulated
other
comprehensive
loss
|
|
Amount
reclassified
from
accumulated
other
comprehensive
loss
|
|
Affected line
item in the
statement where
net income
is presented
|
|
Amortization of pension and other postretirement benefits:
|
|
|
|
|
|
|
|
|
|
|
|
|
Prior service credit
|
|
$
|
9
|
|
$
|
8
|
|
$
|
10
|
|
(b)
|
|
Actuarial loss
|
|
|
(62
|
)
|
|
(86
|
)
|
|
(51
|
)
|
(b)(c)
|
|
Settlement loss
|
|
|
(13
|
)
|
|
(12
|
)
|
|
(13
|
)
|
(b)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(66
|
)
|
|
(90
|
)
|
|
(54
|
)
|
Total before tax
|
|
|
|
|
12
|
|
|
24
|
|
|
8
|
|
Income tax expense
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total reclassifications for the period
|
|
$
|
(54
|
)
|
$
|
(66
|
)
|
$
|
(46
|
)
|
Net of tax
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a)
|
Pension and other postretirement benefits amounts in parentheses indicate credits on our consolidated statements of operations.
|
|
(b)
|
These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See "Note 16. Employee Benefit Plans."
|
|
(c)
|
Amounts contain approximately $4 million and $6 million and $4 million of actuarial losses related to discontinued operations for the years ended December 31, 2014, 2013 and 2012, respectively.
|
|