Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME

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OTHER COMPREHENSIVE INCOME
 3 Months Ended
Mar. 31, 2012
OTHER COMPREHENSIVE INCOME  
OTHER COMPREHENSIVE INCOME

12. OTHER COMPREHENSIVE INCOME

        The components of other comprehensive income were as follows (dollars in millions):

Huntsman Corporation

 
    
    
   Other
comprehensive income 		 
 
   Accumulated other
comprehensive loss 		  Three months
ended 		 
 
   March 31,
2012 		  December 31,
2011 		  March 31,
2012 		  March 31,
2011 		 

Foreign currency translation adjustments, net of tax of $23 and $24 as of March 31, 2012 and December 31, 2011, respectively

   $ 291   $ 218   $ 73   $ 91  

Pension and other postretirement benefit adjustments, net of tax of $123 and $124 as of March 31, 2012 and December 31, 2011, respectively

     (781 )   (800 )   19     4  

Other comprehensive income of unconsolidated affiliates

     8     8     —     —  

Other, net

     4     3     1     1  
                   

Total

     (478 )   (571 )   93     96  

Amounts attributable to noncontrolling interests

     10     12     (2 )   (1 )
                   

Amounts attributable to Huntsman Corporation

   $ (468 ) $ (559 ) $ 91   $ 95  
                   

Huntsman International

 
    
    
   Other
comprehensive income 		 
 
   Accumulated other
comprehensive loss 		  Three months
ended 		 
 
   March 31,
2012 		  December 31,
2011 		  March 31,
2012 		  March 31,
2011 		 

Foreign currency translation adjustments, net of tax of $9 and $11 as of March 31, 2012 and December 31, 2011, respectively

   $ 290   $ 217   $ 73   $ 93  

Pension and other postretirement benefit adjustments, net of tax of $154 and $156 as of March 31, 2012 and December 31, 2011, respectively

     (824 )   (845 )   21     5  

Other comprehensive income of unconsolidated affiliates

     8     8     —     —  

Other, net

     (2 )   (3 )   1     —  
                   

Total

     (528 )   (623 )   95     98  

Amounts attributable to noncontrolling interests

     10     12     (2 )   (1 )
                   

Amounts attributable to Huntsman International

   $ (518 ) $ (611 ) $ 93   $ 97  
                   

        Items of other comprehensive income of our Company and our consolidated affiliates have been recorded net of tax, with the exception of the foreign currency translation adjustments related to subsidiaries with earnings permanently reinvested. The tax effect is determined based upon the jurisdiction where the income or loss was recognized and is net of valuation allowances.