Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 520 [1] $ 387 [1]
Restricted cash 9 [1] 9 [1]
Accounts and notes receivable (net of allowance for doubtful accounts of $42 and $47, respectively), ($521 and $520 pledged as collateral, respectively) 1,542 [1] 1,534 [1]
Accounts receivable from affiliates 33 49
Inventories 1,741 [1] 1,819 [1]
Prepaid expenses 61 48
Deferred income taxes 53 51
Other current assets 200 [1] 222 [1]
Total current assets 4,159 4,119
Property, plant and equipment, net 3,824 [1] 3,745 [1]
Investment in unconsolidated affiliates 285 238
Intangible assets, net 87 [1] 68 [1]
Goodwill 131 117
Deferred income taxes 243 229
Notes receivable from affiliates 1 2
Other noncurrent assets 458 [1] 366 [1]
Total assets 9,188 8,884
Current liabilities:    
Accounts payable 1,067 [1] 1,102 [1]
Accounts payable to affiliates 46 48
Accrued liabilities 726 [1] 705 [1]
Deferred income taxes 43 38
Current portion of debt 277 [1] 288 [1]
Total current liabilities 2,159 2,181
Long-term debt 3,633 [1] 3,414 [1]
Notes payable to affiliates 6 4
Deferred income taxes 313 228
Other noncurrent liabilities 948 [1] 1,161 [1]
Total liabilities 7,059 6,988
Commitments and contingencies (Notes 18 and 19)      
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Common stock $0.01 par value, 1,200,000,000 shares authorized, 245,930,859 and 243,813,779 issued and 240,401,442 and 238,273,422 out standing in 2013 and 2012, respectively 2 2
Additional paid-in capital 3,305 3,264
Treasury stock, 4,043,526 shares at both December 31, 2013 and 2012 (50) (50)
Unearned stock-based compensation (13) (12)
Accumulated deficit (687) (687)
Accumulated other comprehensive loss (577) (744)
Total Huntsman Corporation stockholders' equity 1,980 1,773
Noncontrolling interests in subsidiaries 149 123
Total equity 2,129 1,896
Total liabilities and equity 9,188 8,884
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
    
Current assets:    
Cash and cash equivalents 515 [1] 210 [1]
Restricted cash 9 [1] 9 [1]
Accounts and notes receivable (net of allowance for doubtful accounts of $42 and $47, respectively), ($521 and $520 pledged as collateral, respectively) 1,542 [1] 1,534 [1]
Accounts receivable from affiliates 325 299
Inventories 1,741 [1] 1,819 [1]
Prepaid expenses 61 48
Deferred income taxes 53 51
Other current assets 200 [1] 222 [1]
Total current assets 4,446 4,192
Property, plant and equipment, net 3,759 [1] 3,656 [1]
Investment in unconsolidated affiliates 285 238
Intangible assets, net 88 [1] 70 [1]
Goodwill 131 117
Deferred income taxes 243 229
Notes receivable from affiliates 1 2
Other noncurrent assets 458 [1] 366 [1]
Total assets 9,411 8,870
Current liabilities:    
Accounts payable 1,067 [1] 1,101 [1]
Accounts payable to affiliates 53 62
Accrued liabilities 742 [1] 723 [1]
Deferred income taxes 44 39
Note payable to affiliate 100 100
Current portion of debt 277 [1] 288 [1]
Total current liabilities 2,283 2,313
Long-term debt 3,633 [1] 3,414 [1]
Notes payable to affiliates 779 599
Deferred income taxes 303 170
Other noncurrent liabilities 938 [1] 1,157 [1]
Total liabilities 7,936 7,653
Commitments and contingencies (Notes 18 and 19)      
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Members' equity, 2,728 units issued and outstanding 3,138 3,109
Accumulated deficit (1,194) (1,224)
Accumulated other comprehensive loss (618) (791)
Total Huntsman International LLC members' equity 1,326 1,094
Noncontrolling interests in subsidiaries 149 123
Total equity 1,475 1,217
Total liabilities and equity $ 9,411 $ 8,870
[1] At December 31, 2013 and 2012, respectively, $39 and $28 of cash and cash equivalents, $9 each of restricted cash, $41 and $38 of accounts and notes receivable (net), $54 and $55 of inventories, $3 and nil of other current assets, $369 and $378 of property, plant and equipment (net), $17 and $19 of intangible assets (net), $28 each of other noncurrent assets, $73 and $76 of accounts payable, $32 and $26 of accrued liabilities, $183 and $193 of current portion of debt, $64 and $77 of long-term debt, and $45 and $101 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 7. Variable Interest Entities."