Huntsman Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

OTHER COMPREHENSIVE (LOSS) INCOME (Details)

OTHER COMPREHENSIVE (LOSS) INCOME (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Components of other comprehensive income
Balance at the beginning of the period				$ (585)				$ (757)	$ (585)	$ (757)
Other comprehensive (loss) income before reclassifications									(443)	233
Amounts reclassified from accumulated other comprehensive loss									(48)	(61)
Other comprehensive (loss) income, net of tax									(491)	172	(186)
Balance at the end of the period	(1,076)				(585)				(1,076)	(585)	(757)
Net income	(35)us-gaap_ProfitLoss	194us-gaap_ProfitLoss	124us-gaap_ProfitLoss	62us-gaap_ProfitLoss	42us-gaap_ProfitLoss	70us-gaap_ProfitLoss	54us-gaap_ProfitLoss	(17)us-gaap_ProfitLoss	345us-gaap_ProfitLoss	149us-gaap_ProfitLoss	373us-gaap_ProfitLoss
Discontinued Operations
Components of other comprehensive income
Actuarial loss									4	6	4
Foreign currency translation adjustment
Components of other comprehensive income
Balance at the beginning of the period				246				269	246	269
Other comprehensive (loss) income before reclassifications									(221)	(23)
Other comprehensive (loss) income, net of tax									(221)	(23)
Balance at the end of the period	25				246				25	246	269
Other comprehensive income (loss), tax									47	13	20
Pension and other postretirement benefits adjustments, net of tax
Components of other comprehensive income
Balance at the beginning of the period				(851)				(1,036)	(851)	(1,036)
Other comprehensive (loss) income before reclassifications									(223)	246
Amounts reclassified from accumulated other comprehensive loss									(48)	(61)
Other comprehensive (loss) income, net of tax									(271)	185
Balance at the end of the period	(1,122)				(851)				(1,122)	(851)	(1,036)
Other comprehensive income (loss), tax									182	83	197
Pension and other postretirement benefits adjustments, net of tax \| Amount reclassified
Components of other comprehensive income
Prior service credit									9	8	10
Actuarial loss									(55)	(80)	(46)
Settlement loss									(13)	(12)	(13)
Total before tax									(59)	(84)	(49)
Income tax expense									11	23	7
Net income									(48)	(61)	(42)
Other comprehensive income of unconsolidated affiliates
Components of other comprehensive income
Balance at the beginning of the period				12				7	12	7
Other comprehensive (loss) income before reclassifications									(2)	5
Other comprehensive (loss) income, net of tax									(2)	5
Balance at the end of the period	10				12				10	12
Other, net
Components of other comprehensive income
Balance at the beginning of the period				8				3	8	3
Other comprehensive (loss) income before reclassifications									3	5
Other comprehensive (loss) income, net of tax									3	5
Balance at the end of the period	11				8				11	8
Noncontrolling interests in subsidiaries
Components of other comprehensive income
Balance at the beginning of the period				(8)				(13)	(8)	(13)
Other comprehensive (loss) income before reclassifications									(15)	5
Other comprehensive (loss) income, net of tax									(15)	5	(1)
Balance at the end of the period	(23)				(8)				(23)	(8)	(13)
Net income									22	21	10
Huntsman Corporation
Components of other comprehensive income
Balance at the beginning of the period				(577)				(744)	(577)	(744)
Other comprehensive (loss) income before reclassifications									(428)	228
Amounts reclassified from accumulated other comprehensive loss									(48)	(61)
Other comprehensive (loss) income, net of tax									(476)	167
Balance at the end of the period	$ (1,053)				$ (577)				$ (1,053)	$ (577)