Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v2.4.0.8
EMPLOYEE BENEFIT PLANS (Tables)
 9 Months Ended
Sep. 30, 2014
DEFINED BENEFIT AND OTHER POSTRETIREMENT BENEFIT PLANS  
Components of the net periodic benefit costs

Components of the net periodic benefit costs for the three and nine months ended September 30, 2014 and 2013 were as follows (dollars in millions):

 
   Defined
Benefit Plans		   Other
Postretirement
Benefit Plans		  
 
   Three months
ended
September 30,		   Three months
ended
September 30,		  
 
   2014   2013   2014   2013  

Service cost

   $ 14   $ 18   $ 1   $ 1  

Interest cost

     36     32     1     2  

Expected return on assets

     (48 )   (44 )   —     —  

Amortization of prior service benefit

     (1 )   (1 )   (1 )   (1 )

Amortization of actuarial loss

     13     19     —     1  

Special termination benefits

     —     2     —     —  

Settlement loss

     10     6     —     —  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net periodic benefit cost

   $ 24   $ 32   $ 1   $ 3  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   


 

 
   Defined
Benefit Plans		   Other
Postretirement
Benefit Plans		  
 
   Nine months
ended
September 30,		   Nine months
ended
September 30,		  
 
   2014   2013   2014   2013  

Service cost

   $ 44   $ 51   $ 2   $ 3  

Interest cost

     110     97     4     4  

Expected return on assets

     (146 )   (130 )   —     —  

Amortization of prior service benefit

     (4 )   (4 )   (3 )   (2 )

Amortization of actuarial loss

     39     59     1     2  

Special termination benefits

     3     7     —     —  

Settlement loss

     11     6     —     —  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net periodic benefit cost

   $ 57   $ 86   $ 4   $ 7  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
  
DEFINED BENEFIT AND OTHER POSTRETIREMENT BENEFIT PLANS  
Components of the net periodic benefit costs

Components of the net periodic benefit costs for the three and nine months ended September 30, 2014 and 2013 were as follows (dollars in millions):

 
   Defined
Benefit Plans		   Other
Postretirement
Benefit Plans		  
 
   Three months
ended
September 30,		   Three months
ended
September 30,		  
 
   2014   2013   2014   2013  

Service cost

   $ 14   $ 17   $ 1   $ 1  

Interest cost

     36     32     1     2  

Expected return on assets

     (48 )   (44 )   —     —  

Amortization of prior service benefit

     (1 )   (1 )   (1 )   (1 )

Amortization of actuarial loss

     15     22     —     1  

Special termination benefits

     —     2     —     —  

Settlement loss

     10     6     —     —  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net periodic benefit cost

   $ 26   $ 34   $ 1   $ 3  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   


 

 
   Defined
Benefit Plans		   Other
Postretirement
Benefit Plans		  
 
   Nine months
ended
September 30,		   Nine months
ended
September 30,		  
 
   2014   2013   2014   2013  

Service cost

   $ 44   $ 51   $ 2   $ 3  

Interest cost

     110     97     4     4  

Expected return on assets

     (146 )   (130 )   —     —  

Amortization of prior service benefit

     (4 )   (4 )   (3 )   (2 )

Amortization of actuarial loss

     45     64     1     2  

Special termination benefits

     3     7     —     —  

Settlement loss

     11     6     —     —  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net periodic benefit cost

   $ 63   $ 91   $ 4   $ 7  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​