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)

9 Months Ended

Sep. 30, 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			(42	)			—				—				—				(42	)			(2	)			(44	)
Tax expense			—				—				—				—				—				—				—
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				65				—				—				65				—				65
Tax expense			—				(13	)			—				—				(13	)			—				(13	)
Net current-period other comprehensive (loss) income			(42	)			52				—				—				10				(2	)			8
Ending balance, September 30, 2021		$	(370	)		$	(998	)		$	8			$	4			$	(1,356	)		$	18			$	(1,338	)

						*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			(42	)			8				—				—				(34	)			(3	)			(37	)
Tax expense			—				(2	)			—				—				(2	)			—				(2	)
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				93				—				—				93				—				93
Tax expense			—				(21	)			—				—				(21	)			—				(21	)
Net current-period other comprehensive (loss) income			(42	)			78				—				—				36				(3	)			33
Ending balance, September 30, 2020		$	(411	)		$	(953	)		$	8			$	4			$	(1,352	)		$	23			$	(1,329	)

						*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			(42	)			—				—				—				(42	)			(2	)			(44	)
Tax expense			—				—				—				—				—				—				—
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				67				—				—				67				—				67
Tax expense			—				(14	)			—				—				(14	)			—				(14	)
Net current-period other comprehensive (loss) income			(42	)			53				—				—				11				(2	)			9
Ending balance, September 30, 2021		$	(375	)		$	(975	)		$	8			$	—			$	(1,342	)		$	18			$	(1,324	)

						*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			(42	)			8				—				—				(34	)			(3	)			(37	)
Tax expense			—				(2	)			—				—				(2	)			—				(2	)
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				95				—				—				95				—				95
Tax expense			—				(21	)			—				—				(21	)			—				(21	)
Net current-period other comprehensive (loss) income			(42	)			80				—				—				38				(3	)			35
Ending balance, September 30, 2020		$	(416	)		$	(932	)		$	8			$	—			$	(1,340	)		$	23			$	(1,317	)

Huntsman International LLC [Member]

Notes Tables

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

		*Three Months Ended September 30,*
		*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)
Actuarial loss			23				21			(b)(d)
			20				18			Total before tax
			(3	)			(4	)		Income tax expense
Total reclassifications for the period		$	17			$	14			Net of tax

		*Nine Months Ended September 30,*
		*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		$	(8	)		$	(9	)		(b)
Settlement loss			3				41			(c)
Actuarial loss			70				61			(b)(d)
			65				93			Total before tax
			(13	)			(21	)		Income tax expense
Total reclassifications for the period		$	52			$	72			Net of tax

		*Three Months Ended September 30,*
		*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)
Actuarial loss			24				22			(b)(d)
			21				19			Total before tax
			(4	)			(4	)		Income tax expense
Total reclassifications for the period		$	17			$	15			Net of tax

		*Nine Months Ended September 30,*
		*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		$	(8	)		$	(9	)		(b)
Settlement loss			3				41			(c)
Actuarial loss			72				63			(b)(d)
			67				95			Total before tax
			(14	)			(21	)		Income tax expense
Total reclassifications for the period		$	53			$	74			Net of tax