Quarterly report pursuant to Section 13 or 15(d)

OTHER COMPREHENSIVE INCOME (LOSS)

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OTHER COMPREHENSIVE INCOME (LOSS)
9 Months Ended
Sep. 30, 2012
OTHER COMPREHENSIVE INCOME (LOSS)  
OTHER COMPREHENSIVE INCOME (LOSS)

12. OTHER COMPREHENSIVE INCOME (LOSS)

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

Huntsman Corporation

 
   
   
  Other comprehensive income (loss)  
 
  Accumulated other
comprehensive loss
 
 
  Three months ended   Nine months ended  
 
  September 30,
2012
  December 31,
2011
  September 30,
2012
  September 30,
2011
  September 30,
2012
  September 30,
2011
 

Foreign currency translation adjustments, net of tax of $23 and $24 as of September 30, 2012 and December 31, 2011, respectively

  $ 243   $ 218   $ 94   $ (117 ) $ 25   $ 30  

Pension and other postretirement benefit adjustments, net of tax of $109 and $124 as of September 30, 2012 and December 31, 2011, respectively

    (745 )   (800 )   14     (78 )   55     (70 )

Other comprehensive income (loss) of unconsolidated affiliates

    7     8         3     (1 )   3  

Other, net

    2     3         (3 )   (1 )   (2 )
                           

Total

    (493 )   (571 )   108     (195 )   78     (39 )

Amounts attributable to noncontrolling interests

    10     12     (2 )       (2 )   (1 )
                           

Amounts attributable to Huntsman Corporation

  $ (483 ) $ (559 ) $ 106   $ (195 ) $ 76   $ (40 )
                           

Huntsman International

 
   
   
  Other comprehensive income (loss)  
 
  Accumulated other
comprehensive loss
 
 
  Three months ended   Nine months ended  
 
  September 30,
2012
  December 31,
2011
  September 30,
2012
  September 30,
2011
  September 30,
2012
  September 30,
2011
 

Foreign currency translation adjustments, net of tax of $10 and $11 as of September 30, 2012 and December 31, 2011, respectively

  $ 242   $ 217   $ 94   $ (118 ) $ 25   $ 30  

Pension and other postretirement benefit adjustments, net of tax of $140 and $156 as of September 30, 2012 and December 31, 2011, respectively

    (787 )   (845 )   15     (77 )   58     (66 )

Other comprehensive income (loss) of unconsolidated affiliates

    7     8         3     (1 )   3  

Other, net

    (3 )   (3 )       (2 )       (2 )
                           

Total

    (541 )   (623 )   109     (194 )   82     (35 )

Amounts attributable to noncontrolling interests

    10     12     (2 )       (2 )   (1 )
                           

Amounts attributable to Huntsman International

  $ (531 ) $ (611 ) $ 107   $ (194 ) $ 80   $ (36 )
                           

        Items of other comprehensive income (loss) 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.