Rendering

Component: (Network and Table)
Network
31303 - Disclosure - ASSET RETIREMENT OBLIGATIONS (Tables)
(http://www.huntsman.com/role/DisclosureAssetRetirementObligationsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001307954 (http://www.sec.gov/CIK)
ASSET RETIREMENT OBLIGATIONSPeriod [Axis]
2016-01-01 - 2016-12-31
ASSET RETIREMENT OBLIGATIONS
 
Schedule of changes to asset retirement obligation liabilities

        The following table describes changes to our asset retirement obligation liabilities (dollars in millions):

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2016

 

2015

 

Asset retirement obligations at beginning of year

 

$
52

 

$
26

 

Accretion expense

 

 
2

 

 
3

 

Liabilities assumed in connection with the Rockwood Acquisition

 

 

—

 

 
30

 

Liabilities settled

 

 
(4

)

 
(1

)

Foreign currency effect on reserve balance

 

 
(2

)

 
(6

)

​

​

​  

​  

​

​  

​  

​

Asset retirement obligations at end of year

 

$
48

 

$
52

 

​

​

​  

​  

​

​  

​  

​

​

​

​  

​  

​

​  

​  

​