Huntsman Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

INTANGIBLE ASSETS (Details)

v2.4.1.9

INTANGIBLE ASSETS (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Intangible Assets
Carrying Amount	$ 499	$ 502
Accumulated Amortization	404	415
Net	95us-gaap_FiniteLivedIntangibleAssetsNet	87us-gaap_FiniteLivedIntangibleAssetsNet
Amortization expense	19us-gaap_AmortizationOfIntangibleAssets	21us-gaap_AmortizationOfIntangibleAssets	23us-gaap_AmortizationOfIntangibleAssets
Estimated future amortization expense
2015	9
2016	10
2017	10
2018	10
2019	9
Huntsman International
Intangible Assets
Carrying Amount	506	510
Accumulated Amortization	410	422
Net	96	88
Amortization expense	19	21	23
Estimated future amortization expense
2015	9
2016	10
2017	10
2018	10
2019	9
Patents, trademarks and technology
Intangible Assets
Carrying Amount	371	384
Accumulated Amortization	328	339
Net	43	45
Patents, trademarks and technology \| Huntsman International
Intangible Assets
Carrying Amount	371	384
Accumulated Amortization	328	339
Net	43	45
Licenses and other agreements
Intangible Assets
Carrying Amount	37	52
Accumulated Amortization	19	19
Net	18	33
Licenses and other agreements \| Huntsman International
Intangible Assets
Carrying Amount	37	52
Accumulated Amortization	19	19
Net	18	33
Non-compete agreements
Intangible Assets
Carrying Amount	4	4
Accumulated Amortization	2	2
Net	2	2
Non-compete agreements \| Huntsman International
Intangible Assets
Carrying Amount	4	4
Accumulated Amortization	2	2
Net	2	2
Other intangibles
Intangible Assets
Carrying Amount	87	62
Accumulated Amortization	55	55
Net	32	7
Other intangibles \| Huntsman International
Intangible Assets
Carrying Amount	94	70
Accumulated Amortization	61	62
Net	$ 33	$ 8

- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6388964&loc=d3e16225-109274

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 2

-Subparagraph (a)(2)

-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

+ Details

Name:	us-gaap_AmortizationOfIntangibleAssets
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 2

-Subparagraph (a)(1)

-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

+ Details

Name:	us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

+ References