OTHER COMPREHENSIVE (LOSS) INCOME (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
|---|
| 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(b)
|
|
Other
comprehensive
income of
unconsolidated
affiliates
|
|
Other, net
|
|
Total
|
|
Amounts
attributable to
noncontrolling
interests
|
|
Amounts
attributable to
Huntsman
Corporation
|
|
|
Beginning balance, January 1, 2015
|
|
$
|
25
|
|
$
|
(1,122
|
)
|
$
|
10
|
|
$
|
11
|
|
$
|
(1,076
|
)
|
$
|
23
|
|
$
|
(1,053
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss) income before reclassifications, gross
|
|
|
(271
|
)
|
|
44
|
|
|
1
|
|
|
6
|
|
|
(220
|
)
|
|
5
|
|
|
(215
|
)
|
|
Tax expense
|
|
|
(42
|
)
|
|
(33
|
)
|
|
—
|
|
|
—
|
|
|
(75
|
)
|
|
—
|
|
|
(75
|
)
|
|
Amounts reclassified from accumulated other comprehensive loss, gross(c)
|
|
|
—
|
|
|
69
|
|
|
—
|
|
|
—
|
|
|
69
|
|
|
—
|
|
|
69
|
|
|
Tax expense
|
|
|
—
|
|
|
(14
|
)
|
|
—
|
|
|
—
|
|
|
(14
|
)
|
|
—
|
|
|
(14
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive (loss) income
|
|
|
(313
|
)
|
|
66
|
|
|
1
|
|
|
6
|
|
|
(240
|
)
|
|
5
|
|
|
(235
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance, December 31, 2015
|
|
$
|
(288
|
)
|
$
|
(1,056
|
)
|
$
|
11
|
|
$
|
17
|
|
$
|
(1,316
|
)
|
$
|
28
|
|
$
|
(1,288
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a)
|
Amounts are net of tax of $90 and $47 as of December 31, 2015 and January 1, 2015, respectively.
|
|
(b)
|
Amounts are net of tax of $135 and $182 as of December 31, 2015 and January 1, 2015, respectively.
|
|
(c)
|
See table below for details about these reclassifications.
|
|
|
|
Foreign
currency
translation
adjustment(a)
|
|
Pension and
other
postretirement
benefits
adjustments(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, gross
|
|
|
(187
|
)
|
|
(311
|
)
|
|
(2
|
)
|
|
4
|
|
|
(496
|
)
|
|
15
|
|
|
(481
|
)
|
|
Tax (expense) benefit
|
|
|
(34
|
)
|
|
88
|
|
|
—
|
|
|
(1
|
)
|
|
53
|
|
|
—
|
|
|
53
|
|
|
Amounts reclassified from accumulated other comprehensive loss, gross(c)
|
|
|
—
|
|
|
(59
|
)
|
|
—
|
|
|
—
|
|
|
(59
|
)
|
|
—
|
|
|
(59
|
)
|
|
Tax benefit
|
|
|
—
|
|
|
11
|
|
|
—
|
|
|
—
|
|
|
11
|
|
|
—
|
|
|
11
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.
|
|
| Schedule of details about reclassifications from other comprehensive (loss) income |
|
|
|
Year ended
December 31, 2015
|
|
Year ended
December 31, 2014
|
|
Year ended
December 31, 2013
|
|
|
|
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
|
|
$
|
10
|
|
$
|
9
|
|
$
|
8
|
|
(b)
|
|
Actuarial loss
|
|
|
(79
|
)
|
|
(55
|
)
|
|
(80
|
)
|
(b)(c)
|
|
Settlement loss
|
|
|
—
|
|
|
(13
|
)
|
|
(12
|
)
|
(b)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(69
|
)
|
|
(59
|
)
|
|
(84
|
)
|
Total before tax
|
|
|
|
|
14
|
|
|
11
|
|
|
23
|
|
Income tax expense
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total reclassifications for the period
|
|
$
|
(55
|
)
|
$
|
(48
|
)
|
$
|
(61
|
)
|
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 17. Employee Benefit Plans."
|
|
(c)
|
Amounts contain approximately $6 million, $4 million and $6 million of actuarial losses related to discontinued operations for the years ended December 31, 2015, 2014 and 2013, 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(b)
|
|
Other
comprehensive
income of
unconsolidated
affiliates
|
|
Other, net
|
|
Total
|
|
Amounts
attributable to
noncontrolling
interests
|
|
Amounts
attributable to
Huntsman
International
|
|
|
Beginning balance, January 1, 2015
|
|
$
|
22
|
|
$
|
(1,147
|
)
|
$
|
10
|
|
$
|
5
|
|
$
|
(1,110
|
)
|
$
|
23
|
|
$
|
(1,087
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss) income before reclassifications, gross
|
|
|
(272
|
)
|
|
44
|
|
|
1
|
|
|
6
|
|
|
(221
|
)
|
|
5
|
|
|
(216
|
)
|
|
Tax expense
|
|
|
(42
|
)
|
|
(33
|
)
|
|
—
|
|
|
—
|
|
|
(75
|
)
|
|
—
|
|
|
(75
|
)
|
|
Amounts reclassified from accumulated other comprehensive loss, gross(c)
|
|
|
—
|
|
|
77
|
|
|
—
|
|
|
—
|
|
|
77
|
|
|
—
|
|
|
77
|
|
|
Tax expense
|
|
|
—
|
|
|
(15
|
)
|
|
—
|
|
|
—
|
|
|
(15
|
)
|
|
—
|
|
|
(15
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive (loss) income
|
|
|
(314
|
)
|
|
73
|
|
|
1
|
|
|
6
|
|
|
(234
|
)
|
|
5
|
|
|
(229
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance, December 31, 2015
|
|
$
|
(292
|
)
|
$
|
(1,074
|
)
|
$
|
11
|
|
$
|
11
|
|
$
|
(1,344
|
)
|
$
|
28
|
|
$
|
(1,316
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a)
|
Amounts are net of tax of $76 and $34 as of December 31, 2015 and January 1, 2015, respectively.
|
|
(b)
|
Amounts are net of tax of $163 and $211 as of December 31, 2015 and January 1, 2015, respectively.
|
|
(c)
|
See table below for details about these reclassifications.
|
|
|
|
Foreign
currency
translation
adjustment(a)
|
|
Pension and
other
postretirement
benefits
adjustments(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, gross
|
|
|
(187
|
)
|
|
(296
|
)
|
|
(2
|
)
|
|
4
|
|
|
(481
|
)
|
|
15
|
|
|
(466
|
)
|
|
Tax (expense) benefit
|
|
|
(34
|
)
|
|
86
|
|
|
—
|
|
|
(1
|
)
|
|
51
|
|
|
—
|
|
|
51
|
|
|
Amounts reclassified from accumulated other comprehensive loss, gross(c)
|
|
|
—
|
|
|
(66
|
)
|
|
—
|
|
|
—
|
|
|
(66
|
)
|
|
—
|
|
|
(66
|
)
|
|
Tax benefit
|
|
|
—
|
|
|
12
|
|
|
—
|
|
|
—
|
|
|
12
|
|
|
—
|
|
|
12
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.
|
|
| Schedule of details about reclassifications from other comprehensive (loss) income |
|
|
|
Year ended
December 31, 2015
|
|
Year ended
December 31, 2014
|
|
Year ended
December 31, 2013
|
|
|
|
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
|
|
$
|
10
|
|
$
|
9
|
|
$
|
8
|
|
(b)
|
|
Actuarial loss
|
|
|
(87
|
)
|
|
(62
|
)
|
|
(86
|
)
|
(b)(c)
|
|
Settlement loss
|
|
|
—
|
|
|
(13
|
)
|
|
(12
|
)
|
(b)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(77
|
)
|
|
(66
|
)
|
|
(90
|
)
|
Total before tax
|
|
|
|
|
15
|
|
|
12
|
|
|
24
|
|
Income tax expense
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total reclassifications for the period
|
|
$
|
(62
|
)
|
$
|
(54
|
)
|
$
|
(66
|
)
|
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 17. Employee Benefit Plans."
|
|
(c)
|
Amounts contain approximately $6 million and $4 million and $6 million of actuarial losses related to discontinued operations for the years ended December 31, 2015, 2014 and 2013, respectively.
|
|