Annual report pursuant to Section 13 and 15(d)

Note 24 - Accumulated Other Comprehensive Loss - Reclassification Details (Details)

v3.24.0.1
Note 24 - Accumulated Other Comprehensive Loss - Reclassification Details (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Accumulated Defined Benefit Plans Adjustment, Actuarial Gain (Loss), Including Portion Attributable to Noncontrolling Interest [Member]      
Amounts reclassified from accumulated other comprehensive loss, gross [1],[2],[3] $ 34 $ 57 $ 92
Accumulated Defined Benefit Plans Adjustment, Actuarial Gain (Loss), Including Portion Attributable to Noncontrolling Interest [Member] | Huntsman International LLC [Member]      
Amounts reclassified from accumulated other comprehensive loss, gross [2],[4],[5] 34 57 95
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Including Portion Attributable to Noncontrolling Interest [Member]      
Amounts reclassified from accumulated other comprehensive loss, gross [1],[3] (10) (11) (12)
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Including Portion Attributable to Noncontrolling Interest [Member] | Huntsman International LLC [Member]      
Amounts reclassified from accumulated other comprehensive loss, gross [2],[4],[5] (10) (11) (12)
Accumulated Defined Benefit Plans Adjustment, Settlement Gain (Loss), Including Portion Attributable to Noncontrolling Interest [Member]      
Amounts reclassified from accumulated other comprehensive loss, gross [1],[3] 73 5 3
Accumulated Defined Benefit Plans Adjustment, Settlement Gain (Loss), Including Portion Attributable to Noncontrolling Interest [Member] | Huntsman International LLC [Member]      
Amounts reclassified from accumulated other comprehensive loss, gross [1],[2],[5] 73 5 3
Accumulated Defined Benefit Plans Adjustment, Curtailment Gain (Loss) Attributable to Noncontrolling Interest [Member]      
Amounts reclassified from accumulated other comprehensive loss, gross [1],[3] (1) 0 0
Accumulated Defined Benefit Plans Adjustment, Curtailment Gain (Loss) Attributable to Noncontrolling Interest [Member] | Huntsman International LLC [Member]      
Amounts reclassified from accumulated other comprehensive loss, gross [1],[2],[5] (1) 0 0
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]      
Amounts reclassified from accumulated other comprehensive loss, gross 96 [6],[7] 51 [6],[7] 83
Tax impact 23 [6] (12) (18)
Total reclassifications for the period 119 39 65
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member] | Huntsman International LLC [Member]      
Amounts reclassified from accumulated other comprehensive loss, gross [2] 96 [7],[8] 51 [7],[9] 86
Tax impact [2] 23 (12) (17)
Total reclassifications for the period [2] $ 119 $ 39 $ 69
[1] In connection with the sale of our Textile Effects Business, we recognized $67 million of pension settlement losses and $1 million of pension curtailment gains for the year ended December 31, 2023.
[2] Pension and other postretirement benefits amounts in parentheses indicate credits on our consolidated statements of operations.
[3] These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See “Note 18. Employee Benefit Plans.”
[4] Amounts contain approximately $1 million, $11 million and $16 million of prior service credit and actuarial loss related to discontinued operations for the years ended December 31, 2023, 2022 and 2021, respectively.
[5] These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See “Note 18. Employee Benefit Plans.”
[6] Amounts are net of tax of $67 million and $31 million as of December 31, 2023 and January 1, 2023, respectively.
[7] See table below for details about these reclassifications.
[8] Amounts are net of tax of $91 million and $55 million as of December 31, 2023 and January 1, 2023, respectively.
[9] Amounts are net of tax of $55 million and $105 million as of December 31, 2022 and January 1, 2022, respectively.