Huntsman Corporation Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

9 Months Ended

Sep. 30, 2016

Components of the net periodic benefit costs for the three and nine months ended September 30, 2016 and 2015 were as follows (dollars in millions):

	Defined Benefit Plans						Other Postretirement Benefit Plans
	Three months ended September 30,						Three months ended September 30,
	2016			2015			2016			2015
Service cost	$	16		$	18		$	1		$	1
Interest cost		30			31			1			1
Expected return on assets		(46	)		(50	)		—			—
Amortization of prior service benefit		(2	)		(2	)		(2	)		(1	)
Amortization of actuarial loss		17			20			—			—

Net periodic benefit cost	$	15		$	17		$	—		$	1

	Defined Benefit Plans						Other Postretirement Benefit Plans
	Nine months ended September 30,						Nine months ended September 30,
	2016			2015			2016			2015
Service cost	$	48		$	54		$	2		$	3
Interest cost		91			92			3			4
Expected return on assets		(141	)		(150	)		—			—
Amortization of prior service benefit		(7	)		(4	)		(5	)		(3	)
Amortization of actuarial loss		51			57			1			2
Special termination benefits		—			3			—			—

Net periodic benefit cost	$	42		$	52		$	1		$	6

Components of the net periodic benefit costs for the three and nine months ended September 30, 2016 and 2015 were as follows (dollars in millions):

	Defined Benefit Plans						Other Postretirement Benefit Plans
	Three months ended September 30,						Three months ended September 30,
	2016			2015			2016			2015
Service cost	$	16		$	18		$	1		$	1
Interest cost		30			31			1			1
Expected return on assets		(46	)		(50	)		—			—
Amortization of prior service benefit		2			(2	)		(2	)		(1	)
Amortization of actuarial loss		20			22			—			—

Net periodic benefit cost	$	22		$	19		$	—		$	1

	Defined Benefit Plans						Other Postretirement Benefit Plans
	Nine months ended September 30,						Nine months ended September 30,
	2016			2015			2016			2015
Service cost	$	48		$	54		$	2		$	3
Interest cost		91			92			3			4
Expected return on assets		(141	)		(150	)		—			—
Amortization of prior service benefit		(7	)		(4	)		(5	)		(3	)
Amortization of actuarial loss		57			63			1			2
Special termination benefits		—			3			—			—

Net periodic benefit cost	$	48		$	58		$	1		$	6