Quarterly report pursuant to Section 13 or 15(d)

Note 14 - Accumulated Other Comprehensive Loss - Reclassification Details (Details)

v3.24.1.u1
Note 14 - Accumulated Other Comprehensive Loss - Reclassification Details (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Including Portion Attributable to Noncontrolling Interest [Member]    
Amounts reclassified from accumulated other comprehensive loss, gross [1],[2],[3] $ (2) $ (2)
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 [1],[3],[4] (2) (2)
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] 8 8
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 [1],[3],[4] 8 8
Accumulated Defined Benefit Plans Adjustment, Curtailment Gain (Loss) Attributable to Noncontrolling Interest [Member]    
Amounts reclassified from accumulated other comprehensive loss, gross [2],[3],[5] 0 (1)
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 [3],[4] 0 (1)
Accumulated Defined Benefit Plans Adjustment, Settlement Gain (Loss), Including Portion Attributable to Noncontrolling Interest [Member]    
Amounts reclassified from accumulated other comprehensive loss, gross [2],[3],[5] 0 67
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 [3],[4],[6] 0 67
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]    
Amounts reclassified from accumulated other comprehensive loss, gross [2],[8] 6 [7] 72 [9]
Tax impact [2] 0 [7] 24 [9]
Total reclassifications for the period [2] 6 96
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member] | Huntsman International LLC [Member]    
Amounts reclassified from accumulated other comprehensive loss, gross [4],[8] 6 [10] 72 [11]
Tax impact [4] 0 [10] 24 [11]
Total reclassifications for the period [4] $ 6 $ 96
[1] Amounts include approximately nil and $1 million of actuarial losses and prior service credits related to discontinued operations for the three months ended March 31, 2024 and 2023, respectively.
[2] Pension and other postretirement benefits amounts in parentheses indicate credits on our condensed consolidated statements of operations.
[3] These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See “Note 12. Employee Benefit Plans.”
[4] Pension and other postretirement benefits amounts in parentheses indicate credits on our consolidated statements of operations.
[5] 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 three months ended March 31, 2023.
[6] 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 three months March 31, 2023.
[7] Amounts are net of tax of $67 million for both March 31, 2024 and January 1, 2024.
[8] See table below for details about these reclassifications.
[9] Amounts are net of tax of $57 million and $31 million as of March 31, 2023 and January 1, 2023, respectively.
[10] Amounts are net of tax of $91 million for both March 31, 2024 and January 1, 2024.
[11] Amounts are net of tax of $81 million and $55 million as of March 31, 2023 and January 1, 2023, respectively.