Huntsman Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

CONDENSED CONSOLIDATING FINANCIAL INFORMATION-HUNTSMAN INTERNATIONAL LLC (UNAUDITED) (Details)

CONDENSED CONSOLIDATING FINANCIAL INFORMATION-HUNTSMAN INTERNATIONAL LLC (UNAUDITED) (Details) (USD $)
In Millions, unless otherwise specified

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Oct. 01, 2014

Condensed consolidating balance sheets

Percentage of holding in subsidiaries

Current assets:

Cash and cash equivalents

^[1]

^[1]

Restricted cash

10

^[1]

9

^[1]

Accounts and notes receivable, net

^[1]

^[1]

Accounts receivable from affiliates

42

33

^[1]

^[1]

Prepaid expenses

62

61

Deferred income taxes

62

53

Other current assets

^[1]

^[1]

Total current assets

Property, plant and equipment, net

^[1]

^[1]

Investment in unconsolidated affiliates

Intangible assets, net

95

^[1]

87

^[1]

Deferred income taxes

Other noncurrent assets

^[1]

^[1]

Current liabilities:

Accounts payable

^[1]

^[1]

Accounts payable to affiliates

57

46

Accrued liabilities

^[1]

^[1]

Deferred income taxes

51

43

Current portion of debt

^[1]

^[1]

Total current liabilities

^[1]

^[1]

Notes payable to affiliates

6

6

Deferred income taxes

Other noncurrent liabilities

^[1]

^[1]

Total liabilities

Huntsman International LLC members' equity

Accumulated deficit

Accumulated other comprehensive (loss) income

Noncontrolling interests in subsidiaries

Total liabilities and equity

Rockwood Holdings, Inc

Condensed consolidating balance sheets

Number of guarantor entities

4

Current assets:

0

Huntsman International

Condensed consolidating balance sheets

Percentage of holding in subsidiaries

Current assets:

Cash and cash equivalents

^[1]

^[1]

Restricted cash

10

^[1]

9

^[1]

Accounts and notes receivable, net

^[1]

^[1]

Accounts receivable from affiliates

^[1]

^[1]

Prepaid expenses

61

61

Deferred income taxes

62

53

Other current assets

^[1]

^[1]

Total current assets

Property, plant and equipment, net

^[1]

^[1]

Investment in unconsolidated affiliates

Intangible assets, net

96

^[1]

88

^[1]

Deferred income taxes

Other noncurrent assets

^[1]

^[1]

Current liabilities:

Accounts payable

^[1]

^[1]

Accounts payable to affiliates

74

53

Accrued liabilities

^[1]

^[1]

Deferred income taxes

52

44

Note payable to affiliate

Current portion of debt

^[1]

^[1]

Total current liabilities

^[1]

^[1]

Notes payable to affiliates

Deferred income taxes

Other noncurrent liabilities

^[1]

^[1]

Total liabilities

Huntsman International LLC members' equity

Members' equity

Accumulated deficit

Accumulated other comprehensive (loss) income

Total Huntsman International LLC members' equity

Noncontrolling interests in subsidiaries

Total liabilities and equity

Reportable legal entities | Huntsman International | Parent Company

Current assets:

Cash and cash equivalents

7

4

Accounts and notes receivable, net

57

28

Accounts receivable from affiliates

Prepaid expenses

17

70

Deferred income taxes

12

12

Other current assets

Total current assets

Property, plant and equipment, net

Investment in unconsolidated affiliates

Intangible assets, net

35

48

Deferred income taxes

Notes receivable from affiliates

23

22

Other noncurrent assets

67

Current liabilities:

Accounts payable

55

50

Accounts payable to affiliates

Accrued liabilities

Note payable to affiliate

Current portion of debt

40

28

Total current liabilities

Notes payable to affiliates

Deferred income taxes

29

25

Other noncurrent liabilities

Total liabilities

Huntsman International LLC members' equity

Members' equity

Accumulated deficit

Accumulated other comprehensive (loss) income

Total Huntsman International LLC members' equity

Total liabilities and equity

Reportable legal entities | Huntsman International | Guarantors

Current assets:

Cash and cash equivalents

6

2

Accounts and notes receivable, net

Accounts receivable from affiliates

Prepaid expenses

9

64

Other current assets

7

4

Total current assets

Property, plant and equipment, net

Investment in unconsolidated affiliates

Intangible assets, net

5

1

82

82

Notes receivable from affiliates

Other noncurrent assets

Current liabilities:

Accounts payable

Accounts payable to affiliates

Accrued liabilities

Deferred income taxes

51

57

Total current liabilities

Deferred income taxes

Other noncurrent liabilities

Total liabilities

Huntsman International LLC members' equity

Members' equity

Accumulated deficit

66

Accumulated other comprehensive (loss) income

Total Huntsman International LLC members' equity

Total liabilities and equity

Reportable legal entities | Huntsman International | Nonguarantors

Current assets:

Cash and cash equivalents

Restricted cash

10

9

Accounts and notes receivable, net

Accounts receivable from affiliates

Prepaid expenses

46

47

Deferred income taxes

68

59

Other current assets

Total current assets

Property, plant and equipment, net

Investment in unconsolidated affiliates

Intangible assets, net

56

39

55

66

Deferred income taxes

Other noncurrent assets

Current liabilities:

Accounts payable

Accounts payable to affiliates

Accrued liabilities

Deferred income taxes

20

8

Current portion of debt

Total current liabilities

Notes payable to affiliates

Deferred income taxes

46

39

Other noncurrent liabilities

Total liabilities

Huntsman International LLC members' equity

Members' equity

Accumulated deficit

Accumulated other comprehensive (loss) income

Total Huntsman International LLC members' equity

Noncontrolling interests in subsidiaries

Total liabilities and equity

Eliminations | Huntsman International

Current assets:

Accounts and notes receivable, net

5

Accounts receivable from affiliates

Prepaid expenses

Deferred income taxes

Other current assets

Total current assets

Property, plant and equipment, net

1

1

Investment in unconsolidated affiliates

Deferred income taxes

Notes receivable from affiliates

Other noncurrent assets

Current liabilities:

Accounts payable

5

Accounts payable to affiliates

Accrued liabilities

Deferred income taxes

Total current liabilities

Notes payable to affiliates

Deferred income taxes

54

39

Total liabilities

Huntsman International LLC members' equity

Members' equity

Accumulated deficit

92

Accumulated other comprehensive (loss) income

Total Huntsman International LLC members' equity

Noncontrolling interests in subsidiaries

1

Total liabilities and equity

[1]

At December 31, 2014 and December 31, 2013, respectively, $46 and $39 of cash and cash equivalents, $10 and $9 of restricted cash, $41 each of accounts and notes receivable (net), $68 and $54 of inventories, $6 and $3 of other current assets, $339 and $369 of property, plant and equipment (net), $40 and $17 of intangible assets (net), $27 and $28 of other noncurrent assets, $92 and $73 of accounts payable, $37 and $32 of accrued liabilities, $172 and $183 of current portion of debt, $36 and $64 of longterm debt, and $97 and $45 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See “Note 7. Variable Interest Entities.”