Quarterly report pursuant to Section 13 or 15(d)

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

v3.5.0.2
CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC - CONDENSED CONSOLIDATING BALANCE SHEETS (Details) - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Jun. 30, 2015
Dec. 31, 2014
Current assets:        
Cash and cash equivalents $ 373 [1] $ 257 [1] $ 599 $ 860
Restricted cash [1] 10 12    
Accounts and notes receivable, net [1] 1,532 1,420    
Accounts receivable from affiliates 14 29    
Inventories [1] 1,522 1,692    
Prepaid expenses 55 112    
Other current assets [1] 285 312    
Total current assets 3,791 3,834    
Property, plant and equipment, net [1] 4,377 4,446    
Investment in unconsolidated affiliates 335 347    
Intangible assets, net [1] 97 86    
Goodwill 123 116    
Deferred income taxes 407 418    
Other noncurrent assets [1] 597 573    
Total assets 9,727 9,820    
Current liabilities:        
Accounts payable [1] 963 1,034    
Accounts payable to affiliates 28 27    
Accrued liabilities [1] 602 686    
Current portion of debt [1] 96 170    
Total current liabilities 1,689 1,917    
Long-term debt [1] 4,653 4,625    
Notes payable to affiliates 1 1    
Deferred income taxes 466 422    
Other noncurrent liabilities [1] 1,210 1,226    
Total liabilities 8,019 8,191    
Huntsman International LLC members' equity        
Accumulated (deficit) income (447) (528)    
Accumulated other comprehensive (loss) income (1,296) (1,288)    
Noncontrolling interests in subsidiaries 179 187    
Total liabilities and equity $ 9,727 9,820    
Huntsman International        
Condensed consolidating balance sheets        
Percentage of holding in subsidiaries 100.00%      
Current assets:        
Cash and cash equivalents $ 373 [1] 257 [1] 597 710
Restricted cash [1] 10 12    
Accounts and notes receivable, net [1] 1,532 1,420    
Accounts receivable from affiliates 329 340    
Inventories [1] 1,522 1,692    
Prepaid expenses 54 111    
Other current assets [1] 279 306    
Total current assets 4,099 4,138    
Property, plant and equipment, net [1] 4,347 4,410    
Investment in unconsolidated affiliates 335 347    
Intangible assets, net [1] 98 86    
Goodwill 123 116    
Deferred income taxes 407 418    
Other noncurrent assets [1] 596 573    
Total assets 10,005 10,088    
Current liabilities:        
Accounts payable [1] 963 1,034    
Accounts payable to affiliates 57 52    
Accrued liabilities [1] 599 683    
Notes payable to affiliates 100 100    
Current portion of debt [1] 96 170    
Total current liabilities 1,815 2,039    
Long-term debt [1] 4,653 4,625    
Notes payable to affiliates 697 698    
Deferred income taxes 462 418    
Other noncurrent liabilities [1] 1,212 1,224    
Total liabilities 8,839 9,004    
Huntsman International LLC members' equity        
Members' equity 3,209 3,196    
Accumulated (deficit) income (901) (983)    
Accumulated other comprehensive (loss) income (1,321) (1,316)    
Total Huntsman International LLC members' equity 987 897    
Noncontrolling interests in subsidiaries 179 187    
Total equity 1,166 1,084 1,194 1,296
Total liabilities and equity 10,005 10,088    
Reportable legal entities | Huntsman International | Parent Company        
Current assets:        
Cash and cash equivalents 111 44 239 353
Accounts and notes receivable, net 31 21    
Accounts receivable from affiliates 1,709 2,163    
Inventories 97 101    
Prepaid expenses 21 49    
Other current assets 822 790    
Total current assets 2,791 3,168    
Property, plant and equipment, net 454 473    
Investment in unconsolidated affiliates 6,044 5,991    
Intangible assets, net 30 32    
Goodwill (13) (13)    
Deferred income taxes 473 473    
Notes receivable from affiliates 37 36    
Other noncurrent assets 71 71    
Total assets 9,887 10,231    
Current liabilities:        
Accounts payable 44 50    
Accounts payable to affiliates 3,507 3,905    
Accrued liabilities 71 74    
Notes payable to affiliates 100 100    
Current portion of debt 26 89    
Total current liabilities 3,748 4,218    
Long-term debt 4,272 4,229    
Notes payable to affiliates 696 703    
Deferred income taxes 24 24    
Other noncurrent liabilities 160 160    
Total liabilities 8,900 9,334    
Huntsman International LLC members' equity        
Members' equity 3,209 3,196    
Accumulated (deficit) income (901) (983)    
Accumulated other comprehensive (loss) income (1,321) (1,316)    
Total Huntsman International LLC members' equity 987 897    
Total equity 987 897    
Total liabilities and equity 9,887 10,231    
Reportable legal entities | Huntsman International | Guarantors        
Current assets:        
Cash and cash equivalents 1 1 1 6
Accounts and notes receivable, net 114 96    
Accounts receivable from affiliates 4,595 4,730    
Inventories 286 322    
Prepaid expenses 8 31    
Other current assets 5 8    
Total current assets 5,009 5,188    
Property, plant and equipment, net 1,433 1,433    
Investment in unconsolidated affiliates 1,714 1,558    
Intangible assets, net 3 3    
Goodwill 82 82    
Notes receivable from affiliates 548 539    
Other noncurrent assets 215 223    
Total assets 9,004 9,026    
Current liabilities:        
Accounts payable 167 207    
Accounts payable to affiliates 871 973    
Accrued liabilities 803 793    
Total current liabilities 1,841 1,973    
Deferred income taxes 307 276    
Other noncurrent liabilities 267 241    
Total liabilities 2,415 2,490    
Huntsman International LLC members' equity        
Members' equity 4,505 4,517    
Accumulated (deficit) income 642 652    
Accumulated other comprehensive (loss) income 1,442 1,367    
Total Huntsman International LLC members' equity 6,589 6,536    
Total equity 6,589 6,536    
Total liabilities and equity 9,004 9,026    
Reportable legal entities | Huntsman International | Nonguarantors        
Current assets:        
Cash and cash equivalents 261 212 $ 357 $ 351
Restricted cash 10 12    
Accounts and notes receivable, net 1,383 1,298    
Accounts receivable from affiliates 160 163    
Inventories 1,143 1,275    
Prepaid expenses 36 91    
Other current assets 183 212    
Total current assets 3,176 3,263    
Property, plant and equipment, net 2,459 2,503    
Investment in unconsolidated affiliates 255 263    
Intangible assets, net 65 51    
Goodwill 54 47    
Deferred income taxes 419 430    
Notes receivable from affiliates   6    
Other noncurrent assets 311 279    
Total assets 6,739 6,842    
Current liabilities:        
Accounts payable 748 772    
Accounts payable to affiliates 1,814 1,891    
Accrued liabilities 467 581    
Current portion of debt 70 81    
Total current liabilities 3,099 3,325    
Long-term debt 381 396    
Notes payable to affiliates 586 576    
Deferred income taxes 49 36    
Other noncurrent liabilities 785 819    
Total liabilities 4,900 5,152    
Huntsman International LLC members' equity        
Members' equity 3,449 3,394    
Accumulated (deficit) income (455) (557)    
Accumulated other comprehensive (loss) income (1,311) (1,311)    
Total Huntsman International LLC members' equity 1,683 1,526    
Noncontrolling interests in subsidiaries 156 164    
Total equity 1,839 1,690    
Total liabilities and equity 6,739 6,842    
Eliminations | Huntsman International        
Current assets:        
Accounts and notes receivable, net 4 5    
Accounts receivable from affiliates (6,135) (6,716)    
Inventories (4) (6)    
Prepaid expenses (11) (60)    
Other current assets (731) (704)    
Total current assets (6,877) (7,481)    
Property, plant and equipment, net 1 1    
Investment in unconsolidated affiliates (7,678) (7,465)    
Deferred income taxes (485) (485)    
Notes receivable from affiliates (585) (581)    
Other noncurrent assets (1)      
Total assets (15,625) (16,011)    
Current liabilities:        
Accounts payable 4 5    
Accounts payable to affiliates (6,135) (6,717)    
Accrued liabilities (742) (765)    
Total current liabilities (6,873) (7,477)    
Notes payable to affiliates (585) (581)    
Deferred income taxes 82 82    
Other noncurrent liabilities   4    
Total liabilities (7,376) (7,972)    
Huntsman International LLC members' equity        
Members' equity (7,954) (7,911)    
Accumulated (deficit) income (187) (95)    
Accumulated other comprehensive (loss) income (131) (56)    
Total Huntsman International LLC members' equity (8,272) (8,062)    
Noncontrolling interests in subsidiaries 23 23    
Total equity (8,249) (8,039)    
Total liabilities and equity $ (15,625) $ (16,011)    
[1] At June 30, 2016 and December 31, 2015, respectively, $25 and $34 of cash and cash equivalents, $10 and $12 of restricted cash, $29 and $26 of accounts and notes receivable (net), $39 and $54 of inventories, $5 each of other current assets, $295 and $307 of property, plant and equipment (net), $34 and $36 of intangible assets (net), $43 and $38 of other noncurrent assets, $76 and $82 of accounts payable, $33 and $27 of accrued liabilities, $19 and $15 of current portion of debt, $123 and $137 of longterm debt, and $55 and $54 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 4. Variable Interest Entities.”