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

RELATED PARTY TRANSACTIONS (Details)

v2.4.1.9

RELATED PARTY TRANSACTIONS (Details) (USD $)	0 Months Ended	12 Months Ended
RELATED PARTY TRANSACTIONS (Details) (USD $)	Mar. 24, 2010	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
RELATED PARTY TRANSACTIONS
Sales		$ 261,000,000us-gaap_RevenueFromRelatedParties	$ 232,000,000us-gaap_RevenueFromRelatedParties	$ 223,000,000us-gaap_RevenueFromRelatedParties
Annual lease payments		97,000,000us-gaap_OperatingLeasesRentExpenseNet	80,000,000us-gaap_OperatingLeasesRentExpenseNet	79,000,000us-gaap_OperatingLeasesRentExpenseNet
Unconsolidated affiliates
RELATED PARTY TRANSACTIONS
Sales		261,000,000	232,000,000	223,000,000
Inventory purchases		614,000,000	597,000,000	565,000,000
Huntsman Foundation
RELATED PARTY TRANSACTIONS
Annual lease payments	2,000,000
Operating lease payments during the period		2,000,000	2,000,000	2,000,000
Extension period of lease		5 years
Jon M. Huntsman, executive chairman
RELATED PARTY TRANSACTIONS
Amount receivable on account of life insurance premium paid for related party		2,000,000
Jstar
RELATED PARTY TRANSACTIONS
Monthly sublease payments				115,000
Amount payable at the end of the lease term		$ 10,000,000
Current lease term		7 years

- Definition

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For an unclassified balance sheet, amounts due from related parties including affiliates, employees, joint ventures, officers and stockholders, immediate families thereof, and pension funds.

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Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income.

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Purchases during the period (excluding transactions that are eliminated in consolidated or combined financial statements) with related party.

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Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates.

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