Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 277 [1] $ 520 [1]
Restricted cash 9 [1] 9 [1]
Accounts and notes receivable (net of allowance for doubtful accounts of $41 and $42, respectively), ($876 and $521 pledged as collateral, respectively) 1,691 [1] 1,542 [1]
Accounts receivable from affiliates 33 33
Inventories 1,911 [1] 1,741 [1]
Prepaid expenses 52 61
Deferred income taxes 53 53
Other current assets 202 [1] 200 [1]
Total current assets 4,228 4,159
Property, plant and equipment, net 3,794 [1] 3,824 [1]
Investment in unconsolidated affiliates 285 285
Intangible assets, net 82 [1] 87 [1]
Goodwill 130 131
Deferred income taxes 241 243
Notes receivable from affiliates   1
Other noncurrent assets 467 [1] 458 [1]
Total assets 9,227 9,188
Current liabilities:    
Accounts payable 1,144 [1] 1,067 [1]
Accounts payable to affiliates 41 46
Accrued liabilities 717 [1] 726 [1]
Deferred income taxes 43 43
Current portion of debt 270 [1] 277 [1]
Total current liabilities 2,215 2,159
Long-term debt 3,621 [1] 3,633 [1]
Notes payable to affiliates 5 6
Deferred income taxes 292 313
Other noncurrent liabilities 917 [1] 948 [1]
Total liabilities 7,050 7,059
Commitments and contingencies (Notes 13 and 14)      
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Common stock $0.01 par value, 1,200,000,000 shares authorized, 246,823,206 and 245,930,859 issued and 241,327,794 and 240,401,442 outstanding in 2014 and 2013, respectively 2 2
Additional paid-in capital 3,334 3,305
Treasury stock, 4,043,526 shares at both March 31, 2014 and December 31, 2013 (50) (50)
Unearned stock-based compensation (23) (13)
Accumulated deficit (669) (687)
Accumulated other comprehensive loss (574) (577)
Total Huntsman Corporation stockholders' equity 2,020 1,980
Noncontrolling interests in subsidiaries 157 149
Total equity 2,177 2,129
Total liabilities and equity 9,227 9,188
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
    
Current assets:    
Cash and cash equivalents 205 [1] 515 [1]
Restricted cash 9 [1] 9 [1]
Accounts and notes receivable (net of allowance for doubtful accounts of $41 and $42, respectively), ($876 and $521 pledged as collateral, respectively) 1,691 [1] 1,542 [1]
Accounts receivable from affiliates 332 325
Inventories 1,911 [1] 1,741 [1]
Prepaid expenses 50 61
Deferred income taxes 53 53
Other current assets 202 [1] 200 [1]
Total current assets 4,453 4,446
Property, plant and equipment, net 3,735 [1] 3,759 [1]
Investment in unconsolidated affiliates 285 285
Intangible assets, net 83 [1] 88 [1]
Goodwill 130 131
Deferred income taxes 240 243
Notes receivable from affiliates   1
Other noncurrent assets 467 [1] 458 [1]
Total assets 9,393 9,411
Current liabilities:    
Accounts payable 1,144 [1] 1,067 [1]
Accounts payable to affiliates 51 53
Accrued liabilities 733 [1] 742 [1]
Deferred income taxes 44 44
Note payable to affiliate 100 100
Current portion of debt 270 [1] 277 [1]
Total current liabilities 2,342 2,283
Long-term debt 3,621 [1] 3,633 [1]
Notes payable to affiliates 712 779
Deferred income taxes 282 303
Other noncurrent liabilities 914 [1] 938 [1]
Total liabilities 7,871 7,936
Commitments and contingencies (Notes 13 and 14)      
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Members' equity, 2,728 units issued and outstanding 3,146 3,138
Accumulated deficit (1,167) (1,194)
Accumulated other comprehensive loss (614) (618)
Total Huntsman International LLC members' equity 1,365 1,326
Noncontrolling interests in subsidiaries 157 149
Total equity 1,522 1,475
Total liabilities and equity $ 9,393 $ 9,411
[1] At March 31, 2014 and December 31, 2013, respectively, $34 and $39 of cash and cash equivalents, $9 each of restricted cash, $47 and $41 of accounts and notes receivable (net), $64 and $54 of inventories, $4 and $3 of other current assets, $363 and $369 of property, plant and equipment (net), $16 and $17 of intangible assets (net), $30 and $28 of other noncurrent assets, $85 and $73 of accounts payable, $30 and $32 of accrued liabilities, $179 and $183 of current portion of debt, $59 and $64 of long-term debt, and $43 and $45 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 5. Variable Interest Entities."