Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Accounts and notes receivable, allowance for doubtful accounts (in dollars) $ 28 $ 27
Accounts and notes receivable, pledged as collateral (in dollars) $ 369 $ 437
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized 1,200,000,000 1,200,000,000
Common stock, shares issued 252,549,390 250,802,175
Common stock, shares outstanding 238,427,254 236,370,347
Treasury stock, shares 12,607,223 12,607,223
Variable Interest Entity    
Cash and cash equivalents [1] $ 509 $ 414
Restricted cash [1] 11 11
Accounts and notes receivable (net) [1] 1,586 1,402
Inventories [1] 1,520 1,344
Other current assets [1] 253 291
Property, plant and equipment (net) [1] 4,228 4,212
Intangible assets (net) [1] 79 66
Other noncurrent assets [1] 508 507
Accounts payable [1] 1,138 1,071
Accrued liabilities [1] 669 616
Current portion of debt [1] 44 60
Long-term debt [1] 4,072 4,135
Other noncurrent liabilities [1] 1,401 1,381
Consolidated VIE's    
Variable Interest Entity    
Cash and cash equivalents 32 25
Restricted cash 10 10
Accounts and notes receivable (net) 35 27
Inventories 51 46
Other current assets 5 5
Property, plant and equipment (net) 274 284
Intangible assets (net) 39 31
Other noncurrent assets 38 37
Accounts payable 82 90
Accrued liabilities 33 34
Current portion of debt 21 14
Long-term debt 104 114
Other noncurrent liabilities 78 76
Huntsman International    
Accounts and notes receivable, allowance for doubtful accounts (in dollars) 28 27
Accounts and notes receivable, pledged as collateral (in dollars) $ 369 $ 437
Members' equity, units issued (in units) 2,728 2,728
Members' equity, units outstanding (in units) 2,728 2,728
Variable Interest Entity    
Cash and cash equivalents [1] $ 506 $ 413
Restricted cash [1] 11 11
Accounts and notes receivable (net) [1] 1,584 1,402
Inventories [1] 1,520 1,344
Other current assets [1] 250 286
Property, plant and equipment (net) [1] 4,211 4,190
Intangible assets (net) [1] 80 66
Other noncurrent assets [1] 509 507
Accounts payable [1] 1,138 1,070
Accrued liabilities [1] 667 613
Current portion of debt [1] 44 60
Long-term debt [1] 4,072 4,135
Other noncurrent liabilities [1] 1,398 1,375
Huntsman International | Consolidated VIE's    
Variable Interest Entity    
Cash and cash equivalents 32 25
Restricted cash 10 10
Accounts and notes receivable (net) 35 27
Inventories 51 46
Other current assets 5 5
Property, plant and equipment (net) 274 284
Intangible assets (net) 39 31
Other noncurrent assets 38 37
Accounts payable 82 90
Accrued liabilities 33 34
Current portion of debt 21 14
Long-term debt 104 114
Other noncurrent liabilities $ 78 $ 76
[1] At June 30, 2017 and December 31, 2016, respectively, $32 and $25 of cash and cash equivalents, $10 each of restricted cash, $35 and $27 of accounts and notes receivable (net), $51 and $46 of inventories, $5 of other current assets, $274 and $284 of property, plant and equipment (net), $39 and $31 of intangible assets (net), $38 and $37 of other noncurrent assets, $82 and $90 of accounts payable, $33 and $34 of accrued liabilities, $21 and $14 of current portion of debt, $104 and $114 of longterm debt, and $78 and $76 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 5. Variable Interest Entities.”