Annual report pursuant to Section 13 and 15(d)

Schedule I-Condensed Financial Information of Registrant - HUNTSMAN CORPORATION (PARENT ONLY) (Details)

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Schedule I-Condensed Financial Information of Registrant - HUNTSMAN CORPORATION (PARENT ONLY) (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
ASSETS        
Cash and cash equivalents $ 554 [1] $ 966 [1] $ 1,745 $ 657
Receivable from affiliate 5 15    
Total current assets 3,946 4,008    
Note receivable from affiliate-long-term 5 7    
Investment in and advances to affiliates 202 234    
Total assets 8,657 8,714    
LIABILITIES AND STOCKHOLDERS' EQUITY        
Accounts payable 862 [1] 842 [1]    
Payable to affiliate 50 45    
Accrued liabilities 695 [1] 628 [1]    
Total current liabilities 1,826 2,053    
Other long term liabilities 1,012 [1] 866 [1]    
Total liabilities 6,881 6,864    
STOCKHOLDERS' EQUITY        
Common stock, $0.01 par value, 1,200,000,000 shares authorized, 241,836,001 and 239,549,365 issued and 235,746,087 and 236,799,455 outstanding as of December 31, 2011 and 2010, respectively 2 2    
Additional paid-in capital 3,228 3,186    
Treasury stock 4,043,526 shares at December 31, 2011 (50)      
Unearned stock-based compensation (12) (11)    
Accumulated deficit (947) (1,090)    
Accumulated other comprehensive loss (559) (297)    
Total Huntsman Corporation stockholders' equity 1,662 1,790 1,844 1,610
Total liabilities and equity 8,657 8,714    
Huntsman Corporation
       
ASSETS        
Cash and cash equivalents 323 405 826 570
Receivable from affiliate 14 14    
Note receivable from affiliate 100 100    
Total current assets 437 519    
Note receivable from affiliate-long-term 435 435    
Investment in and advances to affiliates 944 938    
Total assets 1,816 1,892    
LIABILITIES AND STOCKHOLDERS' EQUITY        
Accounts payable   1    
Payable to affiliate 143 86    
Accrued liabilities 2 2    
Total current liabilities 145 89    
Other long term liabilities 9 13    
Total liabilities 154 102    
STOCKHOLDERS' EQUITY        
Common stock, $0.01 par value, 1,200,000,000 shares authorized, 241,836,001 and 239,549,365 issued and 235,746,087 and 236,799,455 outstanding as of December 31, 2011 and 2010, respectively 2 2    
Additional paid-in capital 3,228 3,186    
Treasury stock 4,043,526 shares at December 31, 2011 (50)      
Unearned stock-based compensation (12) (11)    
Accumulated deficit (947) (1,090)    
Accumulated other comprehensive loss (559) (297)    
Total Huntsman Corporation stockholders' equity 1,662 1,790 1,844 1,610
Total liabilities and equity $ 1,816 $ 1,892    
[1] At December 31, 2011 and 2010, respectively, $44 and $7 of cash and cash equivalents, $2 and nil of restricted cash, $29 and $8 of accounts and notes receivable (net), $47 and $45 of inventories, $1 and $2 of other current assets, $403 and $275 of property, plant and equipment (net), $23 and $7 of intangible assets (net), $21 and $18 of other noncurrent assets, $55 and $56 of accounts payable, $21 and $16 of accrued liabilities, $16 and $15 of current portion of debt, $264 and $185 of long-term debt, and $111 and $109 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 7. Variable Interest Entities."