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, 2016

Accrued Liabilities

Schedule of components of accrued liabilities

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

		December 31,
		2016			2015
Payroll and related accruals		$	185		$	183
Volume and rebate accruals			73			72
Taxes other than income taxes			62			65
Income taxes			32			18
Restructuring and plant closing reserves			45			117
Interest			22			22
Asset retirement obligations			13			18
Pension liabilities			11			11
Other postretirement benefits			8			9
Environmental accruals			7			6
Spin-off separation accruals			7			—
Other miscellaneous accruals			151			165

Total		$	616		$	686

Huntsman International

Accrued Liabilities

Schedule of components of accrued liabilities

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

		December 31,
		2016			2015
Payroll and related accruals		$	185		$	183
Volume and rebate accruals			73			72
Taxes other than income taxes			62			65
Income taxes			32			18
Restructuring and plant closing reserves			45			117
Interest			22			22
Asset retirement obligations			13			18
Pension liabilities			11			11
Other postretirement benefits			8			9
Environmental accruals			7			6
Spin-off separation accruals			7			—
Other miscellaneous accruals			148			162

Total		$	613		$	683