Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC (UNAUDITED) (Details)

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CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC (UNAUDITED) (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Mar. 31, 2011
Dec. 31, 2010
Condensed consolidating financial statements        
Percentage of holding in subsidiaries 100.00%      
Current assets:        
Cash and cash equivalents $ 463 [1] $ 554 [1] $ 632 $ 966
Restricted cash 15 [1] 8 [1]    
Accounts and notes receivable (net) 1,801 [1] 1,529 [1]    
Accounts receivable from affiliates 28 5    
Inventories 1,638 [1] 1,539 [1]    
Prepaid expenses 48 46    
Deferred income taxes 20 20    
Other current assets 196 [1] 245 [1]    
Total current assets 4,209 3,946    
Property, plant and equipment, net 3,648 [1] 3,622 [1]    
Investment in unconsolidated affiliates 223 202    
Intangible assets, net 87 [1] 91 [1]    
Goodwill 108 114    
Deferred income taxes 200 195    
Notes receivable from affiliates 2 5    
Other noncurrent assets 476 [1] 482 [1]    
Total assets 8,953 8,657    
Current liabilities:        
Accounts payable 1,089 [1] 862 [1]    
Accounts payable to affiliates 39 50    
Accrued liabilities 658 [1] 695 [1]    
Deferred income taxes 7 7    
Current portion of debt 193 [1] 212 [1]    
Total current liabilities 1,986 1,826    
Long-term debt 3,628 [1] 3,730 [1]    
Notes payable to affiliates 4 4    
Deferred income taxes 328 309    
Other noncurrent liabilities 987 [1] 1,012 [1]    
Total liabilities 6,933 6,881    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Accumulated deficit (815) (947)    
Accumulated other comprehensive (loss) income (468) (559)    
Noncontrolling interests in subsidiaries 116 114    
Total liabilities and equity 8,953 8,657    
Parent Company
        
Current assets:        
Cash and cash equivalents 2 4 52 220
Accounts and notes receivable (net) 26 13    
Accounts receivable from affiliates 1,317 1,105    
Inventories 100 105    
Prepaid expenses 10 9    
Deferred income taxes 6 6    
Other current assets 101 90    
Total current assets 1,562 1,332    
Property, plant and equipment, net 385 393    
Investment in unconsolidated affiliates 5,641 5,286    
Intangible assets, net 37 42    
Goodwill (17) (16)    
Deferred income taxes 163 154    
Notes receivable from affiliates 20 20    
Other noncurrent assets 75 81    
Total assets 7,866 7,292    
Current liabilities:        
Accounts payable 78 53    
Accounts payable to affiliates 2,590 2,244    
Accrued liabilities 74 117    
Note payable to affiliate 100 100    
Current portion of debt 38 33    
Total current liabilities 2,880 2,547    
Long-term debt 3,037 3,128    
Notes payable to affiliates 537 435    
Deferred income taxes   9    
Other noncurrent liabilities 189 196    
Total liabilities 6,643 6,315    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 3,092 3,081    
Accumulated deficit (1,351) (1,493)    
Accumulated other comprehensive (loss) income (518) (611)    
Total Huntsman International LLC members' equity 1,223 977    
Total equity 1,223 977    
Total liabilities and equity 7,866 7,292    
Guarantors
        
Current assets:        
Cash and cash equivalents 3   6 9
Accounts and notes receivable (net) 213 151    
Accounts receivable from affiliates 3,384 3,041    
Inventories 283 271    
Prepaid expenses 4 7    
Other current assets 4 9    
Total current assets 3,891 3,479    
Property, plant and equipment, net 864 868    
Investment in unconsolidated affiliates 1,675 1,460    
Intangible assets, net 2 2    
Goodwill 82 82    
Notes receivable from affiliates 941 920    
Other noncurrent assets 132 137    
Total assets 7,587 6,948    
Current liabilities:        
Accounts payable 235 205    
Accounts payable to affiliates 1,017 822    
Accrued liabilities 192 204    
Deferred income taxes 39 39    
Total current liabilities 1,483 1,270    
Deferred income taxes 142 79    
Other noncurrent liabilities 168 163    
Total liabilities 1,793 1,512    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 4,751 4,754    
Accumulated deficit (616) (820)    
Accumulated other comprehensive (loss) income 1,659 1,502    
Total Huntsman International LLC members' equity 5,794 5,436    
Total equity 5,794 5,436    
Total liabilities and equity 7,587 6,948    
Non-guarantors
        
Current assets:        
Cash and cash equivalents 225 227 200 332
Restricted cash 15 8    
Accounts and notes receivable (net) 1,562 1,365    
Accounts receivable from affiliates 182 93    
Inventories 1,261 1,167    
Prepaid expenses 39 43    
Deferred income taxes 50 49    
Other current assets 191 222    
Total current assets 3,525 3,174    
Property, plant and equipment, net 2,291 2,247    
Investment in unconsolidated affiliates 148 147    
Intangible assets, net 53 52    
Goodwill 43 48    
Deferred income taxes 194 191    
Notes receivable from affiliates 2 5    
Other noncurrent assets 269 264    
Total assets 6,525 6,128    
Current liabilities:        
Accounts payable 776 604    
Accounts payable to affiliates 1,138 1,089    
Accrued liabilities 495 487    
Deferred income taxes 7 7    
Current portion of debt 155 179    
Total current liabilities 2,571 2,366    
Long-term debt 591 602    
Notes payable to affiliates 965 944    
Deferred income taxes 99 98    
Other noncurrent liabilities 629 644    
Total liabilities 4,855 4,654    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 2,408 2,343    
Accumulated deficit (344) (396)    
Accumulated other comprehensive (loss) income (468) (546)    
Total Huntsman International LLC members' equity 1,596 1,401    
Noncontrolling interests in subsidiaries 74 73    
Total equity 1,670 1,474    
Total liabilities and equity 6,525 6,128    
Eliminations
        
Current assets:        
Accounts receivable from affiliates (4,702) (4,091)    
Inventories (6) (4)    
Prepaid expenses (7) (13)    
Deferred income taxes (15) (15)    
Other current assets (100) (101)    
Total current assets (4,830) (4,224)    
Property, plant and equipment, net 2 2    
Investment in unconsolidated affiliates (7,241) (6,691)    
Intangible assets, net (3) (3)    
Deferred income taxes (188) (182)    
Notes receivable from affiliates (961) (940)    
Total assets (13,221) (12,038)    
Current liabilities:        
Accounts payable to affiliates (4,702) (4,091)    
Accrued liabilities (107) (114)    
Deferred income taxes (17) (17)    
Total current liabilities (4,826) (4,222)    
Notes payable to affiliates (961) (940)    
Deferred income taxes (86) (80)    
Total liabilities (5,873) (5,242)    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity (7,159) (7,097)    
Accumulated deficit 960 1,216    
Accumulated other comprehensive (loss) income (1,191) (956)    
Total Huntsman International LLC members' equity (7,390) (6,837)    
Noncontrolling interests in subsidiaries 42 41    
Total equity (7,348) (6,796)    
Total liabilities and equity (13,221) (12,038)    
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
        
Current assets:        
Cash and cash equivalents 230 [1] 231 [1] 258 561
Restricted cash 15 [1] 8 [1]    
Accounts and notes receivable (net) 1,801 [1] 1,529 [1]    
Accounts receivable from affiliates 181 148    
Inventories 1,638 [1] 1,539 [1]    
Prepaid expenses 46 46    
Deferred income taxes 41 40    
Other current assets 196 [1] 220 [1]    
Total current assets 4,148 3,761    
Property, plant and equipment, net 3,542 [1] 3,510 [1]    
Investment in unconsolidated affiliates 223 202    
Intangible assets, net 89 [1] 93 [1]    
Goodwill 108 114    
Deferred income taxes 169 163    
Notes receivable from affiliates 2 5    
Other noncurrent assets 476 [1] 482 [1]    
Total assets 8,757 8,330    
Current liabilities:        
Accounts payable 1,089 [1] 862 [1]    
Accounts payable to affiliates 43 64    
Accrued liabilities 654 [1] 694 [1]    
Deferred income taxes 29 29    
Note payable to affiliate 100 100    
Current portion of debt 193 [1] 212 [1]    
Total current liabilities 2,108 1,961    
Long-term debt 3,628 [1] 3,730 [1]    
Notes payable to affiliates 541 439    
Deferred income taxes 155 106    
Other noncurrent liabilities 986 [1] 1,003 [1]    
Total liabilities 7,418 7,239    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 3,092 3,081    
Accumulated deficit (1,351) (1,493)    
Accumulated other comprehensive (loss) income (518) (611)    
Total Huntsman International LLC members' equity 1,223 977    
Noncontrolling interests in subsidiaries 116 114    
Total equity 1,339 1,091 1,260 1,088
Total liabilities and equity $ 8,757 $ 8,330    
[1] At March 31, 2012 and December 31, 2011, respectively, $33 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $34 and $29 of accounts and notes receivable (net), $49 and $47 of inventories, $2 and $1 of other current assets, $399 and $403 of property, plant and equipment (net), $23 each of intangible assets (net), $22 and $21 of other noncurrent assets, $64 and $55 of accounts payable, $19 and $21 of accrued liabilities, $23 and $16 of current portion of debt, $256 and $264 of long-term debt, and $103 and $111 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See "Note 5. Variable Interest Entities."