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, 2017

10. EMPLOYEE BENEFIT PLANS

Components of the net periodic benefit costs for the three months ended March 31, 2017 and 2016 were as follows (dollars in millions):

Huntsman Corporation


					Other Postretirement
	Defined Benefit Plans				Benefit Plans
	Three months				Three months
	ended				ended
	March 31,				March 31,
	2017		2016		2017		2016
Service cost	$	17	$	16	$	—	$	1
Interest cost		25		30		1		1
Expected return on assets		(48)		(47)		—		—
Amortization of prior service benefit		(2)		(2)		(2)		(2)
Amortization of actuarial loss		22		16		1		1
Net periodic benefit cost	$	14	$	13	$	—	$	1

Huntsman International


					Other Postretirement
	Defined Benefit Plans				Benefit Plans
	Three months				Three months
	ended				ended
	March 31,				March 31,
	2017		2016		2017		2016
Service cost	$	17	$	16	$	—	$	1
Interest cost		25		30		1		1
Expected return on assets		(48)		(47)		—		—
Amortization of prior service benefit		(2)		(2)		(2)		(2)
Amortization of actuarial loss		24		18		1		1
Net periodic benefit cost	$	16	$	15	$	—	$	1

During the three months ended March 31, 2017 and 2016, we made contributions to our pension and other postretirement benefit plans of $16 million and $20 million, respectively. During the remainder of 2017, we expect to contribute an additional amount of approximately $101 million to these plans.