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

Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)

9 Months Ended

Sep. 30, 2020

Components of the net periodic benefit costs

Components of the net periodic benefit costs from continuing operations for the three and nine months ended September 30, 2020 and 2019 were as follows (dollars in millions):

Huntsman Corporation


					Other Postretirement
	Defined Benefit Plans				Benefit Plans
	Three months				Three months
	ended				ended
	September 30,				September 30,
	2020		2019		2020		2019
Service cost	$	13	$	14	$	—	$	—
Interest cost		15		19		1		1
Expected return on assets		(44)		(40)		—		—
Amortization of prior service benefit		(2)		(1)		(2)		(1)
Amortization of actuarial loss		21		17		1		—
Net periodic benefit cost	$	3	$	9	$	—	$	—


					Other Postretirement
	Defined Benefit Plans				Benefit Plans
	Nine months				Nine months
	ended				ended
	September 30,				September 30,
	2020		2019		2020		2019
Service cost	$	39	$	39	$	1	$	1
Interest cost		46		59		2		2
Expected return on assets		(129)		(118)		—		—
Amortization of prior service benefit		(5)		(4)		(4)		(4)
Amortization of actuarial loss		60		51		1		1
Net periodic benefit cost	$	11	$	27	$	—	$	—

HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES

EMPLOYEE BENEFIT PLANS

Components of the net periodic benefit costs

Huntsman International


					Other Postretirement
	Defined Benefit Plans				Benefit Plans
	Three months				Three months
	ended				ended
	September 30,				September 30,
	2020		2019		2020		2019
Service cost	$	13	$	14	$	—	$	—
Interest cost		15		19		1		1
Expected return on assets		(44)		(40)		—		—
Amortization of prior service benefit		(2)		(1)		(2)		(1)
Amortization of actuarial loss		21		17		1		—
Net periodic benefit cost	$	3	$	9	$	—	$	—


					Other Postretirement
	Defined Benefit Plans				Benefit Plans
	Nine months				Nine months
	ended				ended
	September 30,				September 30,
	2020		2019		2020		2019
Service cost	$	39	$	39	$	1	$	1
Interest cost		46		59		2		2
Expected return on assets		(129)		(118)		—		—
Amortization of prior service benefit		(5)		(4)		(4)		(4)
Amortization of actuarial loss		62		53		1		1
Net periodic benefit cost	$	13	$	29	$	—	$	—