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)

6 Months Ended

Jun. 30, 2020

Components of the net periodic benefit costs

Components of the net periodic benefit costs from continuing operations for the three and six months ended June 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
	June 30,				June 30,
	2020		2019		2020		2019
Service cost	$	12	$	12	$	1	$	1
Interest cost		16		20		—		—
Expected return on assets		(42)		(39)		—		—
Amortization of prior service benefit		(1)		(1)		(1)		(1)
Amortization of actuarial loss		19		17		—		—
Net periodic benefit cost	$	4	$	9	$	—	$	—


					Other Postretirement
	Defined Benefit Plans				Benefit Plans
	Six months				Six months
	ended				ended
	June 30,				June 30,
	2020		2019		2020		2019
Service cost	$	26	$	25	$	1	$	1
Interest cost		31		40		1		1
Expected return on assets		(85)		(78)		—		—
Amortization of prior service benefit		(3)		(3)		(2)		(2)
Amortization of actuarial loss		39		34		—		—
Net periodic benefit cost	$	8	$	18	$	—	$	—

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
	June 30,				June 30,
	2020		2019		2020		2019
Service cost	$	12	$	12	$	1	$	1
Interest cost		16		20		—		—
Expected return on assets		(42)		(39)		—		—
Amortization of prior service benefit		(1)		(1)		(1)		(1)
Amortization of actuarial loss		20		19		—		—
Net periodic benefit cost	$	5	$	11	$	—	$	—


					Other Postretirement
	Defined Benefit Plans				Benefit Plans
	Six months				Six months
	ended				ended
	June 30,				June 30,
	2020		2019		2020		2019
Service cost	$	26	$	25	$	1	$	1
Interest cost		31		40		1		1
Expected return on assets		(85)		(78)		—		—
Amortization of prior service benefit		(3)		(3)		(2)		(2)
Amortization of actuarial loss		41		36		—		—
Net periodic benefit cost	$	10	$	20	$	—	$	—