Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC - CONDENSED CONSOLIDATING BALANCE SHEETS (Details)

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CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC - CONDENSED CONSOLIDATING BALANCE SHEETS (Details) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Dec. 31, 2014
Current assets:        
Cash and cash equivalents $ 208 [1] $ 257 [1] $ 994 $ 860
Restricted cash [1] 10 12    
Accounts and notes receivable, net [1] 1,558 1,420    
Accounts receivable from affiliates 14 29    
Inventories [1] 1,689 1,692    
Prepaid expenses 70 112    
Other current assets [1] 281 312    
Total current assets 3,830 3,834    
Property, plant and equipment, net [1] 4,437 4,446    
Investment in unconsolidated affiliates 344 347    
Intangible assets, net [1] 106 86    
Goodwill 123 116    
Deferred income taxes 424 418    
Other noncurrent assets [1] 576 573    
Total assets 9,840 9,820    
Current liabilities:        
Accounts payable [1] 999 1,034    
Accounts payable to affiliates 28 27    
Accrued liabilities [1] 652 686    
Current portion of debt [1] 103 170    
Total current liabilities 1,782 1,917    
Long-term debt [1] 4,724 4,625    
Notes payable to affiliates 1 1    
Deferred income taxes 425 422    
Other noncurrent liabilities [1] 1,223 1,226    
Total liabilities 8,155 8,191    
Huntsman International LLC members' equity        
Accumulated (deficit) income (504) (528)    
Accumulated other comprehensive (loss) income (1,261) (1,288)    
Noncontrolling interests in subsidiaries 186 187    
Total liabilities and equity 9,840 9,820    
Huntsman International        
Current assets:        
Cash and cash equivalents 208 [1] 257 [1] 796 710
Restricted cash [1] 10 12    
Accounts and notes receivable, net [1] 1,558 1,420    
Accounts receivable from affiliates 329 340    
Inventories [1] 1,689 1,692    
Prepaid expenses 69 111    
Other current assets [1] 276 306    
Total current assets 4,139 4,138    
Property, plant and equipment, net [1] 4,405 4,410    
Investment in unconsolidated affiliates 344 347    
Intangible assets, net [1] 106 86    
Goodwill 123 116    
Deferred income taxes 424 418    
Other noncurrent assets [1] 576 573    
Total assets 10,117 10,088    
Current liabilities:        
Accounts payable [1] 998 1,034    
Accounts payable to affiliates 54 52    
Accrued liabilities [1] 650 683    
Notes payable to affiliates 100 100    
Current portion of debt [1] 103 170    
Total current liabilities 1,905 2,039    
Long-term debt [1] 4,724 4,625    
Notes payable to affiliates 698 698    
Deferred income taxes 421 418    
Other noncurrent liabilities [1] 1,226 1,224    
Total liabilities 8,974 9,004    
Huntsman International LLC members' equity        
Members' equity 3,200 3,196    
Accumulated (deficit) income (957) (983)    
Accumulated other comprehensive (loss) income (1,286) (1,316)    
Total Huntsman International LLC members' equity 957 897    
Noncontrolling interests in subsidiaries 186 187    
Total equity 1,143 1,084 1,121 1,296
Total liabilities and equity 10,117 10,088    
Reportable legal entities | Huntsman International | Parent Company        
Current assets:        
Cash and cash equivalents 31 44 133 353
Accounts and notes receivable, net 31 21    
Accounts receivable from affiliates 1,885 2,163    
Inventories 87 101    
Prepaid expenses 36 49    
Other current assets 804 790    
Total current assets 2,874 3,168    
Property, plant and equipment, net 459 473    
Investment in unconsolidated affiliates 6,132 5,991    
Intangible assets, net 31 32    
Goodwill (13) (13)    
Deferred income taxes 480 473    
Notes receivable from affiliates 36 36    
Other noncurrent assets 63 71    
Total assets 10,062 10,231    
Current liabilities:        
Accounts payable 47 50    
Accounts payable to affiliates 3,678 3,905    
Accrued liabilities 78 74    
Notes payable to affiliates 100 100    
Current portion of debt 27 89    
Total current liabilities 3,930 4,218    
Long-term debt 4,293 4,229    
Notes payable to affiliates 697 703    
Deferred income taxes 24 24    
Other noncurrent liabilities 161 160    
Total liabilities 9,105 9,334    
Huntsman International LLC members' equity        
Members' equity 3,200 3,196    
Accumulated (deficit) income (957) (983)    
Accumulated other comprehensive (loss) income (1,286) (1,316)    
Total Huntsman International LLC members' equity 957 897    
Total equity 957 897    
Total liabilities and equity 10,062 10,231    
Reportable legal entities | Huntsman International | Guarantors        
Current assets:        
Cash and cash equivalents   1   6
Accounts and notes receivable, net 105 96    
Accounts receivable from affiliates 4,777 4,730    
Inventories 338 322    
Prepaid expenses 13 31    
Other current assets 8 8    
Total current assets 5,241 5,188    
Property, plant and equipment, net 1,432 1,433    
Investment in unconsolidated affiliates 1,644 1,558    
Intangible assets, net 3 3    
Goodwill 82 82    
Notes receivable from affiliates 550 539    
Other noncurrent assets 216 223    
Total assets 9,168 9,026    
Current liabilities:        
Accounts payable 181 207    
Accounts payable to affiliates 976 973    
Accrued liabilities 811 793    
Total current liabilities 1,968 1,973    
Deferred income taxes 278 276    
Other noncurrent liabilities 244 241    
Total liabilities 2,490 2,490    
Huntsman International LLC members' equity        
Members' equity 4,512 4,517    
Accumulated (deficit) income 746 652    
Accumulated other comprehensive (loss) income 1,420 1,367    
Total Huntsman International LLC members' equity 6,678 6,536    
Total equity 6,678 6,536    
Total liabilities and equity 9,168 9,026    
Reportable legal entities | Huntsman International | Nonguarantors        
Current assets:        
Cash and cash equivalents 177 212 $ 663 $ 351
Restricted cash 10 12    
Accounts and notes receivable, net 1,415 1,298    
Accounts receivable from affiliates 172 163    
Inventories 1,268 1,275    
Prepaid expenses 48 91    
Other current assets 194 212    
Total current assets 3,284 3,263    
Property, plant and equipment, net 2,513 2,503    
Investment in unconsolidated affiliates 256 263    
Intangible assets, net 72 51    
Goodwill 54 47    
Deferred income taxes 436 430    
Notes receivable from affiliates   6    
Other noncurrent assets 298 279    
Total assets 6,913 6,842    
Current liabilities:        
Accounts payable 763 772    
Accounts payable to affiliates 1,905 1,891    
Accrued liabilities 518 581    
Current portion of debt 76 81    
Total current liabilities 3,262 3,325    
Long-term debt 431 396    
Notes payable to affiliates 588 576    
Deferred income taxes 44 36    
Other noncurrent liabilities 820 819    
Total liabilities 5,145 5,152    
Huntsman International LLC members' equity        
Members' equity 3,386 3,394    
Accumulated (deficit) income (514) (557)    
Accumulated other comprehensive (loss) income (1,267) (1,311)    
Total Huntsman International LLC members' equity 1,605 1,526    
Noncontrolling interests in subsidiaries 163 164    
Total equity 1,768 1,690    
Total liabilities and equity 6,913 6,842    
Eliminations | Huntsman International        
Current assets:        
Accounts and notes receivable, net 7 5    
Accounts receivable from affiliates (6,505) (6,716)    
Inventories (4) (6)    
Prepaid expenses (28) (60)    
Other current assets (730) (704)    
Total current assets (7,260) (7,481)    
Property, plant and equipment, net 1 1    
Investment in unconsolidated affiliates (7,688) (7,465)    
Deferred income taxes (492) (485)    
Notes receivable from affiliates (586) (581)    
Other noncurrent assets (1)      
Total assets (16,026) (16,011)    
Current liabilities:        
Accounts payable 7 5    
Accounts payable to affiliates (6,505) (6,717)    
Accrued liabilities (757) (765)    
Total current liabilities (7,255) (7,477)    
Notes payable to affiliates (587) (581)    
Deferred income taxes 75 82    
Other noncurrent liabilities 1 4    
Total liabilities (7,766) (7,972)    
Huntsman International LLC members' equity        
Members' equity (7,898) (7,911)    
Accumulated (deficit) income (232) (95)    
Accumulated other comprehensive (loss) income (153) (56)    
Total Huntsman International LLC members' equity (8,283) (8,062)    
Noncontrolling interests in subsidiaries 23 23    
Total equity (8,260) (8,039)    
Total liabilities and equity $ (16,026) $ (16,011)    
[1] At March 31, 2016 and December 31, 2015, respectively, $21 and $34 of cash and cash equivalents, $10 and $12 of restricted cash, $30 and $26 of accounts and notes receivable (net), $37 and $54 of inventories, $5 each of other current assets, $303 and $307 of property, plant and equipment (net), $37 and $36 of intangible assets (net), $42 and $38 of other noncurrent assets, $77 and $82 of accounts payable, $30 and $27 of accrued liabilities, $17 and $15 of current portion of debt, $123 and $137 of longterm debt, and $54 each of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 4. Variable Interest Entities.”