Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

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VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Assets and liabilities of VIE          
Current assets $ 6,217   $ 6,217   $ 5,979
Property, plant and equipment, net [1] 3,004   3,004   3,098
Other noncurrent assets [1] 565   565   497
Deferred income taxes 300   300   208
Intangible assets [1] 119   119   56
Goodwill 388   388   140
Total assets 10,896   10,896   10,244
Current liabilities 3,302   3,302   3,265
Long-term debt [1] 2,277   2,277   2,258
Deferred income taxes 280   280   264
Other noncurrent liabilities [1] 1,073   1,073   1,086
Total liabilities 6,932   6,932   6,873
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities          
Revenues 2,444 $ 2,169 7,143 $ 6,155  
Income from continuing operations before income taxes 256 151 838 431  
Net cash provided by operating activities     934 743  
Rubicon, Arabian Amines, and Sasol Huntsman          
Assets and liabilities of VIE          
Current assets 118   118   114
Property, plant and equipment, net 257   257   283
Other noncurrent assets 119   119   116
Deferred income taxes 34   34   33
Intangible assets 11   11   10
Goodwill 14   14   14
Total assets 553   553   570
Current liabilities 147   147   163
Long-term debt 71   71   86
Deferred income taxes 12   12   12
Other noncurrent liabilities 94   94   98
Total liabilities 324   324   $ 359
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities          
Revenues 39 32 116 99  
Income from continuing operations before income taxes 8 8 27 22  
Net cash provided by operating activities $ 21 $ 20 $ 50 $ 42  
Rubicon LLC          
Identification of variable interest entities through investments and transactions          
Variable interest entity ownership percentage     50.00%    
Arabian Amines Company          
Identification of variable interest entities through investments and transactions          
Variable interest entity ownership percentage     50.00%    
Sasol Huntsman GmbH and Co. KG          
Identification of variable interest entities through investments and transactions          
Variable interest entity ownership percentage     50.00%    
[1] At September 30, 2018 and December 31, 2017, respectively, $23 and $15 of cash and cash equivalents, nil and $11 of restricted cash, $32 and $35 of accounts and notes receivable (net), $56 and $46 of inventories, $6 and $7 of other current assets, $257 and $283 of property, plant and equipment (net), $11 and $10 of intangible assets (net), $54 and $43 of other noncurrent assets, $91 and $109 of accounts payable, $33 and $32 of accrued liabilities, $23 and $21 of current portion of debt, $71 and $86 of longterm debt, and $94 and $98 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities.”