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

Annual report pursuant to Section 13 and 15(d)

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2015

Accrued Liabilities

Schedule of components of accrued liabilities

Accrued liabilities consisted of the following (dollars in millions):

		December 31,
		2015			2014
Payroll and related costs		$	183		$	204
Volume and rebate accruals			72			79
Restructuring and plant closing costs			117			89
Taxes other than income taxes			65			65
Income taxes			18			35
Interest			22			32
Pension liabilities			11			13
Other postretirement benefits			9			9
Environmental accruals			6			7
Asset retirement obligations			18			—
Other miscellaneous accruals			165			206

Total		$	686		$	739

Huntsman International

Accrued Liabilities

Schedule of components of accrued liabilities

Accrued liabilities consisted of the following (dollars in millions):

		December 31,
		2015			2014
Payroll and related costs		$	183		$	204
Volume and rebate accruals			72			79
Restructuring and plant closing costs			117			89
Taxes other than income taxes			65			65
Income taxes			18			35
Interest			22			32
Pension liabilities			11			13
Other postretirement benefits			9			9
Environmental accruals			6			7
Asset retirement obligations			18			—
Other miscellaneous accruals			162			203

Total		$	683		$	736