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, 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			(338	)			—				—				(1	)			(339	)			17				(322	)
Tax expense			—				—				—				—				—				—				—
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				36				—				—				36				—				36
Tax expense			—				(8	)			—				—				(8	)			—				(8	)
Net current-period other comprehensive (loss) income			(338	)			28				—				(1	)			(311	)			17				(294	)
Ending balance, September 30, 2022		$	(758	)		$	(782	)		$	8			$	5			$	(1,527	)		$	30			$	(1,497	)

						*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			(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*
		*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			(339	)			—				—				(1	)			(340	)			17				(323	)
Tax expense			—				—				—				—				—				—				—
Amounts reclassified from accumulated other comprehensive loss, gross(c)			—				36				—				—				36				—				36
Tax expense			—				(8	)			—				—				(8	)			—				(8	)
Net current-period other comprehensive (loss) income			(339	)			28				—				(1	)			(312	)			17				(295	)
Ending balance, September 30, 2022		$	(763	)		$	(758	)		$	8			$	1			$	(1,512	)		$	30			$	(1,482	)

						*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			(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	)

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

		*Three Months Ended September 30,*
		*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		$	(3	)		$	(3	)	(b)(c)	Other income, net
Actuarial loss			15				23		(b)(c)	Other income, net
			12				20			Total before tax
			(2	)			(3	)		Income tax expense
Total reclassifications for the period		$	10			$	17			Net of tax

		*Nine Months Ended September 30,*
		*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		$	(8	)		$	(8	)	(b)(c)	Other income, net
Settlement loss			—				3		(b)	Other income, net
Actuarial loss			44				70		(b)(c)	Other income, net
			36				65			Total before tax
			(8	)			(13	)		Income tax expense
Total reclassifications for the period		$	28			$	52			Net of tax

		*Three Months Ended September 30,*
		*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		$	(3	)		$	(3	)	(b)(c)	Other income, net
Actuarial loss			15				24		(b)(c)	Other income, net
			12				21			Total before tax
			(2	)			(4	)		Income tax expense
Total reclassifications for the period		$	10			$	17			Net of tax

		*Nine Months Ended September 30,*
		*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		$	(8	)		$	(8	)	(b)(c)	Other income, net
Settlement loss			—				3		(b)	Other income, net
Actuarial loss			44				72		(b)(c)	Other income, net
			36				67			Total before tax
			(8	)			(14	)		Income tax expense
Total reclassifications for the period		$	28			$	53			Net of tax