Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS

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EMPLOYEE BENEFIT PLANS
3 Months Ended
Mar. 31, 2013
EMPLOYEE BENEFIT PLANS  
EMPLOYEE BENEFIT PLANS

10. EMPLOYEE BENEFIT PLANS

        Components of the net periodic benefit costs for the three months ended March 31, 2013 and 2012 were as follows (dollars in millions):

Huntsman Corporation

 
   
   
  Other
Postretirement
Benefit Plans
 
 
  Defined Benefit
Plans
 
 
  Three months
ended
ended
March 31,
 
 
  Three months
ended
March 31,
 
 
  2013   2012   2013   2012  

Service cost

  $ 17   $ 16   $ 1   $ 1  

Interest cost

    33     37     1     2  

Expected return on assets

    (44 )   (46 )        

Amortization of prior service benefit

    (2 )   (2 )       (1 )

Amortization of actuarial loss

    20     11          

Special termination benefits

    5              
                   

Net periodic benefit cost

  $ 29   $ 16   $ 2   $ 2  
                   

Huntsman International

 
  Defined Benefit
Plans
  Other
Postretirement
Benefit Plans
 
 
  Three months
ended
ended
March 31,
  Three months
ended
ended
March 31,
 
 
  2013   2012   2013   2012  

Service cost

  $ 17   $ 16   $ 1   $ 1  

Interest cost

    33     37     1     2  

Expected return on assets

    (44 )   (46 )        

Amortization of prior service benefit

    (2 )   (2 )       (1 )

Amortization of actuarial loss

    21     12          

Special termination benefits

    5              
                   

Net periodic benefit cost

  $ 30   $ 17   $ 2   $ 2  
                   

        During the three months ended March 31, 2013 and 2012, we made contributions to our pension and other postretirement benefit plans of $31 million and $48 million, respectively. During the remainder of 2013, we expect to contribute an additional amount of approximately $113 million to these plans.

Huntsman Corporation

        During the three months ended March 31, 2013 and 2012, we reclassified approximately $9 million and $4 million, respectively, of accumulated other comprehensive loss into cost of goods sold, approximately $8 million and $4 million, respectively, into selling, general and administrative expense and approximately $1 million for both periods into research and development expense.

Huntsman International

        During the three months ended March 31, 2013 and 2012, we reclassified approximately $10 million and $5 million, respectively, of accumulated other comprehensive loss into cost of goods sold, approximately $8 million and $4 million, respectively, into selling, general and administrative expense and approximately $1 million for both periods into research and development expense.