Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT

v3.8.0.1
PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2017
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

5.  PROPERTY, PLANT AND EQUIPMENT

The cost and accumulated depreciation of property, plant and equipment were as follows (dollars in millions):

Huntsman Corporation

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2017

    

2016

Land

 

$

150

 

$

133

Buildings

 

 

644

 

 

607

Plant and equipment

 

 

5,929

 

 

5,369

Construction in progress

 

 

360

 

 

381

Total

 

 

7,083

 

 

6,490

Less accumulated depreciation

 

 

(3,985)

 

 

(3,456)

Net

 

$

3,098

 

$

3,034

 

Depreciation expense for 2017, 2016 and 2015 was $298 million, $289 million and $278 million, respectively.

Huntsman International

 

 

 

 

 

 

 

 

 

December 31,

 

    

2017

    

2016

Land

 

$

150

 

$

133

Buildings

 

 

644

 

 

607

Plant and equipment

 

 

5,982

 

 

5,411

Construction in progress

 

 

360

 

 

381

Total

 

 

7,136

 

 

6,532

Less accumulated depreciation

 

 

(4,041)

 

 

(3,520)

Net

 

$

3,095

 

$

3,012

 

Depreciation expense for 2017, 2016 and 2015 was $289 million, $277 million and $266 million, respectively.