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 2)

OTHER COMPREHENSIVE (LOSS) INCOME (Details 2) (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
Accumulated other comprehensive Loss components
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
Accumulated other comprehensive Loss components
Actuarial loss									4	6	4
Foreign currency translation adjustment
Accumulated other comprehensive Loss components
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
Accumulated other comprehensive Loss components
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
Accumulated other comprehensive Loss components
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
Accumulated other comprehensive Loss components
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
Accumulated other comprehensive Loss components
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
Accumulated other comprehensive Loss components
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
Accumulated other comprehensive Loss components
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)
Huntsman International
Accumulated other comprehensive Loss components
Balance at the beginning of the period				(626)				(804)	(626)	(804)
Other comprehensive (loss) income before reclassifications									(430)	244
Amounts reclassified from accumulated other comprehensive loss									(54)	(66)
Other comprehensive (loss) income, net of tax									(484)	178	(181)
Balance at the end of the period	(1,110)				(626)				(1,110)	(626)	(804)
Net income	(37)	204	125	65	33	74	56	(16)	357	147	375
Huntsman International \| Discontinued Operations
Accumulated other comprehensive Loss components
Actuarial loss									4	6	4
Huntsman International \| Foreign currency translation adjustment
Accumulated other comprehensive Loss components
Balance at the beginning of the period				243				268	243	268
Other comprehensive (loss) income before reclassifications									(221)	(25)
Other comprehensive (loss) income, net of tax									(221)	(25)
Balance at the end of the period	22				243				22	243	268
Other comprehensive income (loss), tax									34		7
Huntsman International \| Pension and other postretirement benefits adjustments, net of tax
Accumulated other comprehensive Loss components
Balance at the beginning of the period				(883)				(1,076)	(883)	(1,076)
Other comprehensive (loss) income before reclassifications									(210)	259
Amounts reclassified from accumulated other comprehensive loss									(54)	(66)
Other comprehensive (loss) income, net of tax									(264)	193
Balance at the end of the period	(1,147)				(883)				(1,147)	(883)	(1,076)
Other comprehensive income (loss), tax									211	113	228
Huntsman International \| Pension and other postretirement benefits adjustments, net of tax \| Amount reclassified
Accumulated other comprehensive Loss components
Prior service credit									9	8	10
Actuarial loss									(62)	(86)	(51)
Settlement loss									(13)	(12)	(13)
Total before tax									(66)	(90)	(54)
Income tax expense									12	24	8
Net income									(54)	(66)	(46)
Huntsman International \| Other comprehensive income of unconsolidated affiliates
Accumulated other comprehensive Loss components
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
Huntsman International \| Other, net
Accumulated other comprehensive Loss components
Balance at the beginning of the period				2				(3)	2	(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	5				2				5	2
Huntsman International \| Noncontrolling interests in subsidiaries
Accumulated other comprehensive Loss components
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 International \| Huntsman Corporation
Accumulated other comprehensive Loss components
Balance at the beginning of the period				(618)				(791)	(618)	(791)
Other comprehensive (loss) income before reclassifications									(415)	239
Amounts reclassified from accumulated other comprehensive loss									(54)	(66)
Other comprehensive (loss) income, net of tax									(469)	173
Balance at the end of the period	$ (1,087)				$ (618)				$ (1,087)	$ (618)