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
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 582 [1] $ 520 [1]
Restricted cash 10 [1] 9 [1]
Accounts and notes receivable (net of allowance for doubtful accounts of $36 and $42, respectively), ($554 and $521 pledged as collateral, respectively) 1,639 [1] 1,542 [1]
Accounts receivable from affiliates 37 33
Inventories 1,788 [1] 1,741 [1]
Prepaid expenses 91 61
Deferred income taxes 52 53
Other current assets 295 [1] 200 [1]
Total current assets 4,494 4,159
Property, plant and equipment, net 3,703 [1] 3,824 [1]
Investment in unconsolidated affiliates 292 285
Intangible assets (net) 71 [1] 87 [1]
Goodwill 126 131
Deferred income taxes 217 243
Notes receivable from affiliates   1
Other noncurrent assets 506 [1] 458 [1]
Total assets 9,409 9,188
Current liabilities:    
Accounts payable 1,133 [1] 1,067 [1]
Accounts payable to affiliates 43 46
Accrued liabilities 629 [1] 726 [1]
Deferred income taxes 43 43
Current portion of debt 274 [1] 277 [1]
Total current liabilities 2,122 2,159
Long-term debt 3,752 [1] 3,633 [1]
Notes payable to affiliates 6 6
Deferred income taxes 295 313
Other noncurrent liabilities 838 [1] 948 [1]
Total liabilities 7,013 7,059
Commitments and contingencies (Notes 13 and l4)      
Huntsman Corporation stockholders' equity:    
Common stock $0.01 par value, 1,200,000,000 shares authorized, 248,232,373 and 245,930,859 issued and 242,757,427 and 240,401,442 outstanding in 2014 and 2013, respectively 3 2
Additional paid-in capital 3,366 3,305
Treasury stock, 4,043,526 shares at both September 30, 2014 and December 31, 2013 (50) (50)
Unearned stock-based compensation (17) (13)
Accumulated deficit (425) (687)
Accumulated other comprehensive loss (643) (577)
Total Huntsman Corporation stockholders' equity 2,234 1,980
Noncontrolling interests in subsidiaries 162 149
Total equity 2,396 2,129
Total liabilities and equity 9,409 9,188
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
    
Current assets:    
Cash and cash equivalents 480 [1] 515 [1]
Restricted cash 10 [1] 9 [1]
Accounts and notes receivable (net of allowance for doubtful accounts of $36 and $42, respectively), ($554 and $521 pledged as collateral, respectively) 1,639 [1] 1,542 [1]
Accounts receivable from affiliates 340 325
Inventories 1,788 [1] 1,741 [1]
Prepaid expenses 90 61
Deferred income taxes 52 53
Other current assets 288 [1] 200 [1]
Total current assets 4,687 4,446
Property, plant and equipment, net 3,651 [1] 3,759 [1]
Investment in unconsolidated affiliates 292 285
Intangible assets (net) 72 [1] 88 [1]
Goodwill 126 131
Deferred income taxes 217 243
Notes receivable from affiliates   1
Other noncurrent assets 505 [1] 458 [1]
Total assets 9,550 9,411
Current liabilities:    
Accounts payable 1,133 [1] 1,067 [1]
Accounts payable to affiliates 58 53
Accrued liabilities 627 [1] 742 [1]
Deferred income taxes 43 44
Note payable to affiliate 100 100
Current portion of debt 274 [1] 277 [1]
Total current liabilities 2,235 2,283
Long-term debt 3,752 [1] 3,633 [1]
Notes payable to affiliates 713 779
Deferred income taxes 286 303
Other noncurrent liabilities 832 [1] 938 [1]
Total liabilities 7,818 7,936
Huntsman Corporation stockholders' equity:    
Members' equity, 2,728 units issued and outstanding 3,159 3,138
Accumulated deficit (910) (1,194)
Accumulated other comprehensive loss (679) (618)
Total Huntsman International LLC members' equity 1,570 1,326
Noncontrolling interests in subsidiaries 162 149
Total equity 1,732 1,475
Total liabilities and equity $ 9,550 $ 9,411
[1] At September 30, 2014 and December 31, 2013, respectively, $42 and $39 of cash and cash equivalents, $10 and $9 of restricted cash, $43 and $41 of accounts and notes receivable (net), $64 and $54 of inventories, $5 and $3 of other current assets, $343 and $369 of property, plant and equipment (net), $17 each of intangible assets (net), $27 and $28 of other noncurrent assets, $82 and $73 of accounts payable, $30 and $32 of accrued liabilities, $176 and $183 of current portion of debt, $45 and $64 of long- term debt, and $33 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.?