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

PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2016

6. PROPERTY, PLANT AND EQUIPMENT

The cost and accumulated depreciation of property, plant and equipment were as follows (dollars in millions):

Huntsman Corporation

	December 31,
	2016			2015
Land	$	229		$	208
Buildings		822			793
Plant and equipment		7,244			6,981
Construction in progress		483			935

Total		8,778			8,917
Less accumulated depreciation		(4,566	)		(4,471	)

Net	$	4,212		$	4,446

Depreciation expense for 2016, 2015 and 2014 was $400 million, $377 million and $413 million, respectively.

Huntsman International

	December 31,
	2016			2015
Land	$	229		$	208
Buildings		822			793
Plant and equipment		7,286			7,009
Construction in progress		483			935

Total		8,820			8,945
Less accumulated depreciation		(4,630	)		(4,535	)

Net	$	4,190		$	4,410

Depreciation expense for 2016, 2015 and 2014 was $388 million, $365 million and $398 million, respectively.