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

Quarterly report pursuant to Section 13 or 15(d)

Note 14 - Accumulated Other Comprehensive Loss (Tables)

Note 14 - Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2021

Notes Tables

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

						*Pension*				*Other*
		*Foreign*				*and other*				*comprehensive*												*Amounts*				*Amounts*
		*currency*				*postretirement*				*income of*												*attributable to*				*attributable to*
		*translation*				*benefits*				*unconsolidated*												*noncontrolling*				*Huntsman*
		*adjustment(a)*				*adjustments(b)*				*affiliates*				*Other, net*				*Total*				*interests*				*Corporation*
Beginning balance, January 1, 2021		$	(328	)		$	(1,050	)		$	8			$	4			$	(1,366	)		$	20			$	(1,346	)
Other comprehensive loss before reclassifications, gross			(32	)			—				—				—				(32	)			—				(32	)
Tax expense			—				—				—				—				—				—				—
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				24				—				—				24				—				24
Tax expense			—				(5	)			—				—				(5	)			—				(5	)
Net current-period other comprehensive (loss) income			(32	)			19				—				—				(13	)			—				(13	)
Ending balance, March 31, 2021		$	(360	)		$	(1,031	)		$	8			$	4			$	(1,379	)		$	20			$	(1,359	)

						*Pension*				*Other*
		*Foreign*				*and other*				*comprehensive*												*Amounts*				*Amounts*
		*currency*				*postretirement*				*income of*												*attributable to*				*attributable to*
		*translation*				*benefits*				*unconsolidated*												*noncontrolling*				*Huntsman*
		*adjustment(a)*				*adjustments(b)*				*affiliates*				*Other, net*				*Total*				*interests*				*Corporation*
Beginning balance, January 1, 2020		$	(369	)		$	(1,031	)		$	8			$	4			$	(1,388	)		$	26			$	(1,362	)
Other comprehensive (loss) income before reclassifications, gross			(67	)			8				—				—				(59	)			—				(59	)
Tax expense			(6	)			—				—				—				(6	)			—				(6	)
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				58				—				—				58				—				58
Tax expense			—				(14	)			—				—				(14	)			—				(14	)
Net current-period other comprehensive (loss) income			(73	)			52				—				—				(21	)			—				(21	)
Ending balance, March 31, 2020		$	(442	)		$	(979	)		$	8			$	4			$	(1,409	)		$	26			$	(1,383	)

						*Pension*				*Other*
		*Foreign*				*and other*				*comprehensive*												*Amounts*				*Amounts*
		*currency*				*postretirement*				*income of*												*attributable to*				*attributable to*
		*translation*				*benefits*				*unconsolidated*												*noncontrolling*				*Huntsman*
		*adjustment(a)*				*adjustments(b)*				*affiliates*				*Other, net*				*Total*				*interests*				*International*
Beginning balance, January 1, 2021		$	(333	)		$	(1,028	)		$	8			$	—			$	(1,353	)		$	20			$	(1,333	)
Other comprehensive loss before reclassifications, gross			(31	)			—				—				—				(31	)			—				(31	)
Tax expense			—				—				—				—				—				—				—
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				25				—				—				25				—				25
Tax expense			—				(6	)			—				—				(6	)			—				(6	)
Net current-period other comprehensive (loss) income			(31	)			19				—				—				(12	)			—				(12	)
Ending balance, March 31, 2021		$	(364	)		$	(1,009	)		$	8			$	—			$	(1,365	)		$	20			$	(1,345	)

						*Pension*				*Other*
		*Foreign*				*and other*				*comprehensive*												*Amounts*				*Amounts*
		*currency*				*postretirement*				*income of*												*attributable to*				*attributable to*
		*translation*				*benefits*				*unconsolidated*												*noncontrolling*				*Huntsman*
		*adjustment(a)*				*adjustments(b)*				*affiliates*				*Other, net*				*Total*				*interests*				*International*
Beginning balance, January 1, 2020		$	(374	)		$	(1,012	)		$	8			$	—			$	(1,378	)		$	26			$	(1,352	)
Other comprehensive (loss) income before reclassifications, gross			(67	)			8				—				—				(59	)			—				(59	)
Tax expense			(6	)			—				—				—				(6	)			—				(6	)
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				59				—				—				59				—				59
Tax expense			—				(14	)			—				—				(14	)			—				(14	)
Net current-period other comprehensive (loss) income			(73	)			53				—				—				(20	)			—				(20	)
Ending balance, March 31, 2020		$	(447	)		$	(959	)		$	8			$	—			$	(1,398	)		$	26			$	(1,372	)

Huntsman International LLC [Member]

Notes Tables

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

		*Three Months Ended March 31,*
		*2021*				*2020*
		*Amounts reclassified*				*Amounts reclassified*				*Affected line item in*
		*from accumulated*				*from accumulated*				*the statement*
Details about Accumulated Other		*other*				*other*				*where net income*
Comprehensive Loss Components(a):		*comprehensive loss*				*comprehensive loss*				*is presented*
Amortization of pension and other postretirement benefits:
Prior service credit		$	(3	)		$	(3	)		(b)
Settlement loss			3				41			(c)
Actuarial loss			24				20			(b)(d)
			24				58			Total before tax
			(5	)			(14	)		Income tax expense
Total reclassifications for the period		$	19			$	44			Net of tax

		*Three Months Ended March 31,*
		*2021*				*2020*
		*Amounts reclassified*				*Amounts reclassified*				*Affected line item in*
		*from accumulated*				*from accumulated*				*the statement*
Details about Accumulated Other		*other*				*other*				*where net income*
Comprehensive Loss Components(a):		*comprehensive loss*				*comprehensive loss*				*is presented*
Amortization of pension and other postretirement benefits:
Prior service credit		$	(3	)		$	(3	)		(b)
Settlement loss			3				41			(c)
Actuarial loss			25				21			(b)(d)
			25				59			Total before tax
			(6	)			(14	)		Income tax expense
Total reclassifications for the period		$	19			$	45			Net of tax