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
Mar. 31, 2019
Dec. 31, 2018
Accounts and notes receivable, allowance for doubtful accounts (in dollars) $ 23 $ 22
Accounts and notes receivable, pledged as collateral (in dollars) $ 375 $ 341
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 257,221,351 256,006,849
Common stock, shares outstanding 232,682,908 232,994,172
Treasury stock, shares 24,538,447 23,012,680
Variable Interest Entity    
Cash and cash equivalents [1] $ 444 $ 340
Accounts and notes receivable (net) [1] 1,276 1,254
Inventories [1] 1,228 1,134
Other current assets [1] 110 146
Property, plant and equipment (net) [1] 3,055 3,064
Intangible assets (net) [1] 215 219
Other noncurrent assets [1] 566 553
Accounts payable [1] 881 929
Accrued liabilities [1] 476 554
Current portion of debt [1] 276 96
Current operating lease liabilities [1] 55  
Long-term debt [1] 2,323 2,224
Noncurrent operating lease liabilities [1] 430  
Other noncurrent liabilities [1] 1,027 1,073
Consolidated VIE's    
Variable Interest Entity    
Cash and cash equivalents 23 7
Accounts and notes receivable (net) 29 30
Inventories 60 49
Other current assets 5 5
Property, plant and equipment (net) 266 265
Intangible assets (net) 10 10
Other noncurrent assets 51 52
Accounts payable 113 123
Accrued liabilities 25 30
Current portion of debt 27 25
Current operating lease liabilities 5 0
Long-term debt 58 61
Noncurrent operating lease liabilities 15 0
Other noncurrent liabilities 97 97
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES    
Accounts and notes receivable, allowance for doubtful accounts (in dollars) 23 22
Accounts and notes receivable, pledged as collateral (in dollars) $ 375 $ 341
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] $ 443 $ 340
Accounts and notes receivable (net) [1] 1,276 1,254
Inventories [1] 1,228 1,134
Other current assets [1] 112 148
Property, plant and equipment (net) [1] 3,055 3,064
Intangible assets (net) [1] 215 219
Other noncurrent assets [1] 566 553
Accounts payable [1] 880 929
Accrued liabilities [1] 473 551
Current portion of debt [1] 276 96
Current operating lease liabilities [1] 55  
Long-term debt [1] 2,323 2,224
Noncurrent operating lease liabilities [1] 430  
Other noncurrent liabilities [1] 1,021 1,061
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Consolidated VIE's    
Variable Interest Entity    
Cash and cash equivalents 23 7
Accounts and notes receivable (net) 29 30
Inventories 60 49
Other current assets 5 5
Property, plant and equipment (net) 266 265
Intangible assets (net) 10 10
Other noncurrent assets 51 52
Accounts payable 113 123
Accrued liabilities 25 30
Current portion of debt 27 25
Current operating lease liabilities 5 0
Long-term debt 58 61
Noncurrent operating lease liabilities 15 0
Other noncurrent liabilities $ 97 $ 97
[1] At March 31, 2019 and December 31, 2018, respectively, $23 and $7 of cash and cash equivalents, $29 and $30 of accounts and notes receivable (net), $60 and $49 of inventories, $5 each of other current assets, $266 and $265 of property, plant and equipment (net), $10 each of intangible assets (net), $51 and $52 of other noncurrent assets, $113 and $123 of accounts payable, $25 and $30 of accrued liabilities, $27 and $25 of current portion of debt, $5 and nil of current operating lease liabilities, $58 and $61 of longterm debt, $15 and nil of noncurrent operating lease liabilities and $97 each of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities.”