Huntsman Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Note 13 - Employee Benefit Plans

Note 13 - Employee Benefit Plans

6 Months Ended

Jun. 30, 2025

13. EMPLOYEE BENEFIT PLANS

Components of the net periodic benefit cost from continuing operations for the three and six months ended June 30, 2025 and 2024 were as follows (dollars in millions):

							*Other postretirement*
	*Defined benefit plans*						*benefit plans*
	*Three months ended*						*Three months ended*
	*June 30,*						*June 30,*
	*2025*			*2024*			*2025*		*2024*
Service cost	$	7		$	6		$	—	$	—
Interest cost		23			22			—		—
Expected return on assets		(33	)		(32	)		—		—
Amortization of prior service benefit		(2	)		(1	)		—		—
Amortization of actuarial loss		7			8			—		—
Special termination benefits		—			2			—		—
Net periodic benefit cost	$	2		$	5		$	—	$	—

							*Other postretirement*
	*Defined benefit plans*						*benefit plans*
	*Six months ended*						*Six months ended*
	*June 30,*						*June 30,*
	*2025*			*2024*			*2025*			*2024*
Service cost	$	13		$	13		$	—		$	—
Interest cost		45			44			1			1
Expected return on assets		(64	)		(64	)		—			—
Amortization of prior service benefit		(3	)		(2	)		(1	)		(1	)
Amortization of actuarial loss		14			16			—			—
Special termination benefits		—			2			—			—
Settlement gain		(1	)		—			—			—
Net periodic benefit cost	$	4		$	9		$	—		$	—

During the six months ended June 30, 2025 and 2024, we made contributions to our pension and other postretirement benefit plans related to continuing operations of $16 million and $17 million, respectively. During the remainder of 2025, we expect to make additional contributions of approximately $19 million to these plans.

- Definition

The entire disclosure for retirement benefits.

+ References

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+ Details