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, 2022

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*
		*adjustments(a)*				*adjustments(b)*				*affiliates*				*Other, net*				*Total*				*interests*				*Corporation*
Beginning balance, January 1, 2022		$	(420	)		$	(810	)		$	8			$	6			$	(1,216	)		$	13			$	(1,203	)
Other comprehensive loss before reclassifications, gross			(20	)			—				—				(1	)			(21	)			1				(20	)
Tax expense			—				—				—				—				—				—				—
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				13				—				—				13				—				13
Tax expense			—				(4	)			—				—				(4	)			—				(4	)
Net current-period other comprehensive (loss) income			(20	)			9				—				(1	)			(12	)			1				(11	)
Ending balance, March 31, 2022		$	(440	)		$	(801	)		$	8			$	5			$	(1,228	)		$	14			$	(1,214	)

						*Pension*				*Other*
		*Foreign*				*and other*				*comprehensive*												*Amounts*				*Amounts*
		*currency*				*postretirement*				*income of*												*attributable to*				*attributable to*
		*translation*				*benefits*				*unconsolidated*												*noncontrolling*				*Huntsman*
		*adjustments(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*
		*adjustments(a)*				*adjustments(b)*				*affiliates*				*Other, net*				*Total*				*interests*				*International*
Beginning balance, January 1, 2022		$	(424	)		$	(786	)		$	8			$	2			$	(1,200	)		$	13			$	(1,187	)
Other comprehensive loss before reclassifications, gross			(20	)			—				—				(1	)			(21	)			1				(20	)
Tax expense			—				—				—				—				—				—				—
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				13				—				—				13				—				13
Tax expense			—				(4	)			—				—				(4	)			—				(4	)
Net current-period other comprehensive (loss) income			(20	)			9				—				(1	)			(12	)			1				(11	)
Ending balance, March 31, 2022		$	(444	)		$	(777	)		$	8			$	1			$	(1,212	)		$	14			$	(1,198	)

						*Pension*				*Other*
		*Foreign*				*and other*				*comprehensive*												*Amounts*				*Amounts*
		*currency*				*postretirement*				*income of*												*attributable to*				*attributable to*
		*translation*				*benefits*				*unconsolidated*												*noncontrolling*				*Huntsman*
		*adjustments(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	)

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

		*Three Months Ended March 31,*
		*2022*				*2021*
		*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		$	(2	)		$	(3	)	(b)	Other income, net
Settlement loss			—				3		(b)	Other income, net
Actuarial loss			15				24		(b)(c)	Other income, net
			13				24			Total before tax
			(4	)			(5	)		Income tax expense
Total reclassifications for the period		$	9			$	19			Net of tax

		*Three Months Ended March 31,*
		*2022*				*2021*
		*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		$	(2	)		$	(3	)	(b)	Other income, net
Settlement loss			—				3		(b)	Other income, net
Actuarial loss			15				25		(b)(c)	Other income, net
			13				25			Total before tax
			(4	)			(6	)		Income tax expense
Total reclassifications for the period		$	9			$	19			Net of tax