|
OTHER COMPREHENSIVE (LOSS) INCOME (Tables)
|
3 Months Ended |
|
Mar. 31, 2013
|
| Schedule of details about accumulated other comprehensive income components |
The components of other comprehensive (loss) income and changes in accumulated other comprehensive (loss) income by component were as follows (dollars in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign
currency
translation
adjustment(a) |
|
Pension and other
postretirement benefits
adjusments, net of tax(b) |
|
Other comprehensive
income (loss) of
unconsolidated affiliates |
|
Other, net |
|
Total |
|
Amounts
attributable to
noncontrolling
interests |
|
Amounts
attributable to
Huntsman
Corporation |
|
|
Beginning balance, January 1, 2013
|
|
$ |
269 |
|
$ |
(1,036 |
) |
$ |
7 |
|
$ |
3 |
|
$ |
(757 |
) |
$ |
13 |
|
$ |
(744 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss) income before reclassifications
|
|
|
(67 |
) |
|
25 |
|
|
— |
|
|
1 |
|
|
(41 |
) |
|
— |
|
|
(41 |
) |
|
Amounts reclassified from accumulated other comprehensive loss(c)
|
|
|
— |
|
|
8 |
|
|
— |
|
|
— |
|
|
8 |
|
|
— |
|
|
8 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive (loss) income
|
|
|
(67 |
) |
|
33 |
|
|
— |
|
|
1 |
|
|
(33 |
) |
|
— |
|
|
(33 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance, March 31, 2013
|
|
$ |
202 |
|
$ |
(1,003 |
) |
$ |
7 |
|
$ |
4 |
|
$ |
(790 |
) |
$ |
13 |
|
$ |
(777 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- (a)
- Amounts are net of tax of $22 and $20 as of March 31, 2013 and January 1, 2013, respectively.
- (b)
- Amounts are net of tax of $187 and $197 as of March 31, 2013 and January 1, 2013, respectively.
- (c)
- See table below for details about these reclassifications.
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign
currency
translation
adjustment(a) |
|
Pension and other
postretirement benefits
adjusments, net of tax(b) |
|
Other comprehensive
income of
unconsolidated affiliates |
|
Other, net |
|
Total |
|
Amounts
attributable to
noncontrolling
interests |
|
Amounts
attributable to
Huntsman
Corporation |
|
|
Beginning balance, January 1, 2012
|
|
$ |
218 |
|
$ |
(800 |
) |
$ |
8 |
|
$ |
3 |
|
$ |
(571 |
) |
$ |
12 |
|
$ |
(559 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income before reclassifications
|
|
|
73 |
|
|
12 |
|
|
— |
|
|
1 |
|
|
86 |
|
|
(2 |
) |
|
84 |
|
|
Amounts reclassified from accumulated other comprehensive loss(c)
|
|
|
— |
|
|
7 |
|
|
— |
|
|
— |
|
|
7 |
|
|
— |
|
|
7 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive income
|
|
|
73 |
|
|
19 |
|
|
— |
|
|
1 |
|
|
93 |
|
|
(2 |
) |
|
91 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance, March 31, 2012
|
|
$ |
291 |
|
$ |
(781 |
) |
$ |
8 |
|
$ |
4 |
|
$ |
(478 |
) |
$ |
10 |
|
$ |
(468 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- (a)
- Amounts are net of tax of $23 and $24 as of March 31, 2012 and January 1, 2012, respectively.
- (b)
- Amounts are net of tax of $123 and $124 as of March 31, 2012 and January 1, 2012, respectively.
- (c)
- See table below for details about these reclassifications.
|
| Schedule of details about reclassifications from accumulated other comprehensive (loss)income |
The components of other comprehensive (loss) income and changes in accumulated other comprehensive (loss) income by component were as follows (dollars in millions):
|
|
|
|
|
|
|
|
Three months
ended
March 31, 2013 |
|
|
|
Details about Accumulated Other Comprehensive Loss
Components(a):
|
|
Amount reclassified from
accumulated other
comprehensive loss |
|
Affected line item in the
statement where net income
is presented |
|
Amortization of pension and other postretirement benefits:
|
|
|
|
|
|
|
Prior service credit
|
|
$ |
(2 |
) |
(b) |
|
Actuarial loss
|
|
|
20 |
|
(b)(c) |
| |
|
|
|
|
|
|
|
|
18 |
|
Total before tax |
|
|
|
|
(10 |
) |
Income tax benefit (expense) |
| |
|
|
|
|
|
|
|
|
8 |
|
Net of tax |
| |
|
|
|
|
|
Total reclassifications for the period
|
|
$ |
8 |
|
Net of tax |
| |
|
|
|
|
|
|
|
|
|
|
|
|
Three months
ended
March 31, 2012 |
|
|
|
Details about Accumulated Other Comprehensive Loss
Components(a):
|
|
Amount reclassified from
accumulated other
comprehensive loss |
|
Affected line item in the
statement where net income
is presented |
|
Amortization of pension and other postretirement benefits:
|
|
|
|
|
|
|
Prior service credit
|
|
$ |
(3 |
) |
(b) |
|
Actuarial loss
|
|
|
11 |
|
(b)(c) |
| |
|
|
|
|
|
|
|
|
8 |
|
Total before tax |
|
|
|
|
(1 |
) |
Income tax benefit (expense) |
| |
|
|
|
|
|
|
|
|
7 |
|
Net of tax |
| |
|
|
|
|
|
Total reclassifications for the period
|
|
$ |
7 |
|
Net of tax |
| |
|
|
|
|
- (a)
- Amounts in parentheses indicate credits on our condensed consolidated statements of operations (unaudited).
- (b)
- These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See "Note 10. Employee Benefit Plans."
- (c)
- Amounts contain approximately $1 million of actuarial losses related to discontinued operations.
|
|
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
|
|
| Schedule of details about accumulated other comprehensive income components |
The components of other comprehensive (loss) income and changes in accumulated other comprehensive (loss) income by component were as follows (dollars in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign
currency
translation
adjustment(a) |
|
Pension and other
postretirement benefits
adjusments, net of tax(b) |
|
Other comprehensive
income (loss) of
unconsolidated affiliates |
|
Other, net |
|
Total |
|
Amounts
attributable to
noncontrolling
interests |
|
Amounts
attributable to
Huntsman
International |
|
|
Beginning balance, January 1, 2013
|
|
$ |
268 |
|
$ |
(1,076 |
) |
$ |
7 |
|
$ |
(3 |
) |
$ |
(804 |
) |
$ |
13 |
|
$ |
(791 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss) income before reclassifications
|
|
|
(67 |
) |
|
25 |
|
|
— |
|
|
2 |
|
|
(40 |
) |
|
— |
|
|
(40 |
) |
|
Amounts reclassified from accumulated other comprehensive loss(c)
|
|
|
— |
|
|
8 |
|
|
— |
|
|
— |
|
|
8 |
|
|
— |
|
|
8 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive (loss) income
|
|
|
(67 |
) |
|
33 |
|
|
— |
|
|
2 |
|
|
(32 |
) |
|
— |
|
|
(32 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance, March 31, 2013
|
|
$ |
201 |
|
$ |
(1,043 |
) |
$ |
7 |
|
$ |
(1 |
) |
$ |
(836 |
) |
$ |
13 |
|
$ |
(823 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- (a)
- Amounts are net of tax of $9 and $7 as of March 31, 2013 and January 1, 2013, respectively.
- (b)
- Amounts are net of tax of $217 and $228 as of March 31, 2013 and January 1, 2013, respectively.
- (c)
- See table below for details about these reclassifications.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign
currency
translation
adjustment(a) |
|
Pension and other
postretirement benefits
adjusments, net of tax(b) |
|
Other comprehensive
income of
unconsolidated affiliates |
|
Other, net |
|
Total |
|
Amounts
attributable to
noncontrolling
interests |
|
Amounts
attributable to
Huntsman
International |
|
|
Beginning balance, January 1, 2012
|
|
$ |
217 |
|
$ |
(845 |
) |
$ |
8 |
|
$ |
(3 |
) |
$ |
(623 |
) |
$ |
12 |
|
$ |
(611 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income before reclassifications
|
|
|
73 |
|
|
14 |
|
|
— |
|
|
1 |
|
|
88 |
|
|
(2 |
) |
|
86 |
|
|
Amounts reclassified from accumulated other comprehensive loss(c)
|
|
|
— |
|
|
7 |
|
|
— |
|
|
— |
|
|
7 |
|
|
— |
|
|
7 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net current-period other comprehensive income
|
|
|
73 |
|
|
21 |
|
|
— |
|
|
1 |
|
|
95 |
|
|
(2 |
) |
|
93 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance, March 31, 2012
|
|
$ |
290 |
|
$ |
(824 |
) |
$ |
8 |
|
$ |
(2 |
) |
$ |
(528 |
) |
$ |
10 |
|
$ |
(518 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- (a)
- Amounts are net of tax of $9 and $11 as of March 31, 2012 and January 1, 2012, respectively.
- (b)
- Amounts are net of tax of $154 and $156 as of March 31, 2012 and January 1, 2012, respectively.
- (c)
- See table below for details about these reclassifications.
|
| Schedule of details about reclassifications from accumulated other comprehensive (loss)income |
The components of other comprehensive (loss) income and changes in accumulated other comprehensive (loss) income by component were as follows (dollars in millions):
|
|
|
|
|
|
|
|
Three months
ended
March 31, 2013 |
|
|
|
Details about Accumulated Other Comprehensive Loss
Components(a):
|
|
Amount reclassified from
accumulated other
comprehensive loss |
|
Affected line item in the
statement where net income
is presented |
|
Amortization of pension and other postretirement benefits:
|
|
|
|
|
|
|
Prior service credit
|
|
$ |
(2 |
) |
(b) |
|
Actuarial loss
|
|
|
21 |
|
(b)(c) |
| |
|
|
|
|
|
|
|
|
19 |
|
Total before tax |
|
|
|
|
(11 |
) |
Income tax benefit (expense) |
| |
|
|
|
|
|
|
|
|
8 |
|
Net of tax |
| |
|
|
|
|
|
Total reclassifications for the period
|
|
$ |
8 |
|
Net of tax |
| |
|
|
|
|
|
|
|
|
|
|
|
|
Three months
ended
March 31, 2012 |
|
|
|
Details about Accumulated Other Comprehensive Loss
Components(a):
|
|
Amount reclassified from
accumulated other
comprehensive loss |
|
Affected line item in the
statement where net income
is presented |
|
Amortization of pension and other postretirement benefits:
|
|
|
|
|
|
|
Prior service credit
|
|
$ |
(3 |
) |
(b) |
|
Actuarial loss
|
|
|
12 |
|
(b)(c) |
| |
|
|
|
|
|
|
|
|
9 |
|
Total before tax |
|
|
|
|
(2 |
) |
Income tax benefit (expense) |
| |
|
|
|
|
|
|
|
|
7 |
|
Net of tax |
| |
|
|
|
|
|
Total reclassifications for the period
|
|
$ |
7 |
|
Net of tax |
| |
|
|
|
|
- (a)
- Amounts in parentheses indicate credits on our condensed consolidated statements of operations (unaudited).
- (b)
- These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See "Note 10. Employee Benefit Plans."
- (c)
- Amounts contain approximately $1 million of actuarial losses related to discontinued operations.
|