Huntsman Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

3 Months Ended

Mar. 31, 2016

9. EMPLOYEE BENEFIT PLANS

Components of the net periodic benefit costs for the three months ended March 31, 2016 and 2015 were as follows (dollars in millions):

Huntsman Corporation

	Defined Benefit Plans						Other Postretirement Benefit Plans
	Three months ended March 31,						Three months ended March 31,
	2016			2015			2016			2015
Service cost	$	16		$	19		$	1		$	1
Interest cost		30			31			1			1
Expected return on assets		(47	)		(51	)		—			—
Amortization of prior service benefit		(2	)		(2	)		(2	)		(1	)
Amortization of actuarial loss		16			19			1			1

Net periodic benefit cost	$	13		$	16		$	1		$	2

Huntsman International

	Defined Benefit Plans						Other Postretirement Benefit Plans
	Three months ended March 31,						Three months ended March 31,
	2016			2015			2016			2015
Service cost	$	16		$	19		$	1		$	1
Interest cost		30			31			1			1
Expected return on assets		(47	)		(51	)		—			—
Amortization of prior service benefit		(2	)		(2	)		(2	)		(1	)
Amortization of actuarial loss		18			21			1			1

Net periodic benefit cost	$	15		$	18		$	1		$	2

During the three months ended March 31, 2016 and 2015, we made contributions to our pension and other postretirement benefit plans of $20 million and $33 million, respectively. During the remainder of 2016, we expect to contribute an additional amount of approximately $55 million to these plans.