CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Millions |
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Members' equity
|
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Retained earnings (accumulated deficit)
|
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Accumulated other comprehensive (loss) income
|
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Noncontrolling interests in subsidiaries
|
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES |
Common stock |
Additional paid-in capital |
Treasury stock |
Unearned stock-based compensation |
Retained earnings (accumulated deficit) |
Accumulated other comprehensive (loss) income |
Noncontrolling interests in subsidiaries |
Total |
Increase (Decrease) in Stockholders' Equity and Members' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cumulative effect of changes in fair value of equity investments |
|
$ 10
|
$ (10)
|
|
|
|
|
|
|
$ 10
|
$ (10)
|
|
|
Revised beginning balance |
|
|
|
|
|
|
|
|
|
|
(1,278)
|
|
|
Revised beginning balance |
|
|
(1,273)
|
|
|
|
|
|
|
|
|
|
|
Balance at the beginning of the period at Dec. 31, 2017 |
|
|
|
|
|
$ 3
|
$ 3,889
|
$ (150)
|
$ (15)
|
161
|
(1,268)
|
$ 751
|
$ 3,371
|
Balance (in shares) at Dec. 31, 2017 |
|
|
|
|
|
240,213,606
|
|
|
|
|
|
|
|
Balance at the beginning of the period at Dec. 31, 2017 |
$ 3,616
|
(270)
|
(1,263)
|
$ 751
|
$ 2,834
|
|
|
|
|
|
|
|
|
Balance (in units) at Dec. 31, 2017 |
2,728
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity and Members' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
271
|
|
76
|
347
|
|
|
|
|
274
|
|
76
|
350
|
Dividends paid to parent |
|
(39)
|
|
|
(39)
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) |
|
|
82
|
23
|
105
|
|
|
|
|
|
80
|
23
|
103
|
Contribution from parent |
$ 7
|
|
|
|
7
|
|
|
|
|
|
|
|
|
Issuance of nonvested stock awards |
|
|
|
|
|
|
14
|
|
(14)
|
|
|
|
|
Vesting of stock awards |
|
|
|
|
|
|
11
|
|
|
|
|
|
11
|
Vesting of stock awards (in shares) |
|
|
|
|
|
985,493
|
|
|
|
|
|
|
|
Recognition of stock-based compensation |
|
|
|
|
|
|
2
|
|
3
|
|
|
|
5
|
Repurchase and cancellation of stock awards |
|
|
|
|
|
|
|
|
|
(11)
|
|
|
(11)
|
Repurchase and cancellation of stock awards (in shares) |
|
|
|
|
|
(253,345)
|
|
|
|
|
|
|
|
Dividends paid to noncontrolling interests |
|
|
|
(18)
|
(18)
|
|
|
|
|
|
|
(18)
|
(18)
|
Stock options exercised |
|
|
|
|
|
|
7
|
|
|
(2)
|
|
|
5
|
Stock options exercised (in shares) |
|
|
|
|
|
571,417
|
|
|
|
|
|
|
|
Treasury stock repurchased |
|
|
|
|
|
|
|
(51)
|
|
|
|
|
(51)
|
Treasury stock repurchased (in shares) |
|
|
|
|
|
(1,685,300)
|
|
|
|
|
|
|
|
Disposition of a portion of Venator |
18
|
|
|
|
18
|
|
18
|
|
|
|
|
|
18
|
Costs of the secondary offering of Venator |
(2)
|
|
|
|
(2)
|
|
(2)
|
|
|
|
|
|
(2)
|
Noncontrolling interest from partial disposal of Venator |
|
|
|
27
|
27
|
|
|
|
|
|
|
27
|
27
|
Dividends declared on common stock |
|
|
|
|
|
|
|
|
|
(39)
|
|
|
(39)
|
Balance at the end of the period at Mar. 31, 2018 |
|
|
|
|
|
$ 3
|
3,939
|
(201)
|
(26)
|
393
|
(1,198)
|
859
|
3,769
|
Balance (in shares) at Mar. 31, 2018 |
|
|
|
|
|
239,831,871
|
|
|
|
|
|
|
|
Balance at the end of the period at Mar. 31, 2018 |
$ 3,639
|
(28)
|
(1,191)
|
859
|
3,279
|
|
|
|
|
|
|
|
|
Balance (in units) at Mar. 31, 2018 |
2,728
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at the beginning of the period at Dec. 31, 2017 |
|
|
|
|
|
$ 3
|
3,889
|
(150)
|
(15)
|
161
|
(1,268)
|
751
|
3,371
|
Balance (in shares) at Dec. 31, 2017 |
|
|
|
|
|
240,213,606
|
|
|
|
|
|
|
|
Balance at the beginning of the period at Dec. 31, 2017 |
$ 3,616
|
(270)
|
(1,263)
|
751
|
2,834
|
|
|
|
|
|
|
|
|
Balance (in units) at Dec. 31, 2017 |
2,728
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity and Members' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
|
|
|
967
|
|
|
|
|
|
|
|
973
|
Other comprehensive income (loss) |
|
|
|
|
(75)
|
|
|
|
|
|
|
|
(78)
|
Balance at the end of the period at Jun. 30, 2018 |
|
|
|
|
|
$ 3
|
3,977
|
(288)
|
(22)
|
724
|
(1,330)
|
1,006
|
4,070
|
Balance (in shares) at Jun. 30, 2018 |
|
|
|
|
|
238,525,273
|
|
|
|
|
|
|
|
Balance at the end of the period at Jun. 30, 2018 |
$ 3,646
|
344
|
(1,322)
|
1,006
|
3,674
|
|
|
|
|
|
|
|
|
Balance (in units) at Jun. 30, 2018 |
2,728
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at the beginning of the period at Mar. 31, 2018 |
|
|
|
|
|
$ 3
|
3,939
|
(201)
|
(26)
|
393
|
(1,198)
|
859
|
3,769
|
Balance (in shares) at Mar. 31, 2018 |
|
|
|
|
|
239,831,871
|
|
|
|
|
|
|
|
Balance at the beginning of the period at Mar. 31, 2018 |
$ 3,639
|
(28)
|
(1,191)
|
859
|
3,279
|
|
|
|
|
|
|
|
|
Balance (in units) at Mar. 31, 2018 |
2,728
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity and Members' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
411
|
|
209
|
620
|
|
|
|
|
414
|
|
209
|
623
|
Dividends paid to parent |
|
(39)
|
|
|
(39)
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) |
|
|
(131)
|
(49)
|
(180)
|
|
|
|
|
|
(132)
|
(49)
|
(181)
|
Contribution from parent |
$ 7
|
|
|
|
7
|
|
|
|
|
|
|
|
|
Vesting of stock awards (in shares) |
|
|
|
|
|
124,320
|
|
|
|
|
|
|
|
Recognition of stock-based compensation |
|
|
|
|
|
|
2
|
|
4
|
|
|
|
6
|
Repurchase and cancellation of stock awards |
|
|
|
|
|
|
|
|
|
(18)
|
|
|
(18)
|
Repurchase and cancellation of stock awards (in shares) |
|
|
|
|
|
(1,533)
|
|
|
|
|
|
|
|
Dividends paid to noncontrolling interests |
|
|
|
(13)
|
(13)
|
|
|
|
|
|
|
(13)
|
(13)
|
Stock options exercised |
|
|
|
|
|
|
36
|
|
|
(26)
|
|
|
10
|
Stock options exercised (in shares) |
|
|
|
|
|
1,517,717
|
|
|
|
|
|
|
|
Treasury stock repurchased |
|
|
|
|
|
|
|
(87)
|
|
|
|
|
(87)
|
Treasury stock repurchased (in shares) |
|
|
|
|
|
(2,947,102)
|
|
|
|
|
|
|
|
Dividends declared on common stock |
|
|
|
|
|
|
|
|
|
(39)
|
|
|
(39)
|
Balance at the end of the period at Jun. 30, 2018 |
|
|
|
|
|
$ 3
|
3,977
|
(288)
|
(22)
|
724
|
(1,330)
|
1,006
|
4,070
|
Balance (in shares) at Jun. 30, 2018 |
|
|
|
|
|
238,525,273
|
|
|
|
|
|
|
|
Balance at the end of the period at Jun. 30, 2018 |
$ 3,646
|
344
|
(1,322)
|
1,006
|
3,674
|
|
|
|
|
|
|
|
|
Balance (in units) at Jun. 30, 2018 |
2,728
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at the beginning of the period at Dec. 31, 2018 |
|
|
|
|
|
$ 3
|
3,984
|
(427)
|
(16)
|
292
|
(1,316)
|
229
|
$ 2,749
|
Balance (in shares) at Dec. 31, 2018 |
|
|
|
|
|
232,994,172
|
|
|
|
|
|
|
232,994,172
|
Balance at the beginning of the period at Dec. 31, 2018 |
$ 3,658
|
(91)
|
(1,308)
|
229
|
$ 2,488
|
|
|
|
|
|
|
|
|
Balance (in units) at Dec. 31, 2018 |
2,728
|
|
|
|
2,728
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity and Members' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
116
|
|
12
|
$ 128
|
|
|
|
|
119
|
|
12
|
$ 131
|
Dividends paid to parent |
|
(37)
|
|
|
(37)
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) |
|
|
52
|
2
|
54
|
|
|
|
|
|
52
|
2
|
54
|
Contribution from parent |
$ 7
|
|
|
|
7
|
|
|
|
|
|
|
|
|
Issuance of nonvested stock awards |
|
|
|
|
|
|
16
|
|
(16)
|
|
|
|
|
Vesting of stock awards |
|
|
|
|
|
|
7
|
|
|
|
|
|
7
|
Vesting of stock awards (in shares) |
|
|
|
|
|
1,619,502
|
|
|
|
|
|
|
|
Recognition of stock-based compensation |
|
|
|
|
|
|
2
|
|
4
|
|
|
|
6
|
Repurchase and cancellation of stock awards |
|
|
|
|
|
|
|
|
|
(12)
|
|
|
(12)
|
Repurchase and cancellation of stock awards (in shares) |
|
|
|
|
|
(483,053)
|
|
|
|
|
|
|
|
Stock options exercised |
|
|
|
|
|
|
1
|
|
|
|
|
|
1
|
Stock options exercised (in shares) |
|
|
|
|
|
78,054
|
|
|
|
|
|
|
|
Treasury stock repurchased |
|
|
|
|
|
|
|
(34)
|
|
|
|
|
(34)
|
Treasury stock repurchased (in shares) |
|
|
|
|
|
(1,525,767)
|
|
|
|
|
|
|
|
Dividends declared on common stock |
|
|
|
|
|
|
|
|
|
(39)
|
|
|
(39)
|
Balance at the end of the period at Mar. 31, 2019 |
|
|
|
|
|
$ 3
|
4,010
|
(461)
|
(28)
|
360
|
(1,264)
|
243
|
2,863
|
Balance (in shares) at Mar. 31, 2019 |
|
|
|
|
|
232,682,908
|
|
|
|
|
|
|
|
Balance at the end of the period at Mar. 31, 2019 |
$ 3,665
|
(12)
|
(1,256)
|
243
|
2,640
|
|
|
|
|
|
|
|
|
Balance (in units) at Mar. 31, 2019 |
2,728
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at the beginning of the period at Dec. 31, 2018 |
|
|
|
|
|
$ 3
|
3,984
|
(427)
|
(16)
|
292
|
(1,316)
|
229
|
$ 2,749
|
Balance (in shares) at Dec. 31, 2018 |
|
|
|
|
|
232,994,172
|
|
|
|
|
|
|
232,994,172
|
Balance at the beginning of the period at Dec. 31, 2018 |
$ 3,658
|
(91)
|
(1,308)
|
229
|
$ 2,488
|
|
|
|
|
|
|
|
|
Balance (in units) at Dec. 31, 2018 |
2,728
|
|
|
|
2,728
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity and Members' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
|
|
|
$ 243
|
|
|
|
|
|
|
|
$ 249
|
Other comprehensive income (loss) |
|
|
|
|
46
|
|
|
|
|
|
|
|
45
|
Treasury stock repurchased |
|
|
|
|
|
|
|
|
|
|
|
|
$ (115)
|
Treasury stock repurchased (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
(5,540,254)
|
Balance at the end of the period at Jun. 30, 2019 |
|
|
|
|
|
$ 3
|
4,013
|
(542)
|
(24)
|
432
|
(1,271)
|
209
|
$ 2,820
|
Balance (in shares) at Jun. 30, 2019 |
|
|
|
|
|
228,700,570
|
|
|
|
|
|
|
228,700,570
|
Balance at the end of the period at Jun. 30, 2019 |
$ 3,672
|
57
|
(1,262)
|
209
|
$ 2,676
|
|
|
|
|
|
|
|
|
Balance (in units) at Jun. 30, 2019 |
2,728
|
|
|
|
2,728
|
|
|
|
|
|
|
|
|
Balance at the beginning of the period at Mar. 31, 2019 |
|
|
|
|
|
$ 3
|
4,010
|
(461)
|
(28)
|
360
|
(1,264)
|
243
|
$ 2,863
|
Balance (in shares) at Mar. 31, 2019 |
|
|
|
|
|
232,682,908
|
|
|
|
|
|
|
|
Balance at the beginning of the period at Mar. 31, 2019 |
$ 3,665
|
(12)
|
(1,256)
|
243
|
$ 2,640
|
|
|
|
|
|
|
|
|
Balance (in units) at Mar. 31, 2019 |
2,728
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity and Members' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
107
|
|
8
|
115
|
|
|
|
|
110
|
|
8
|
118
|
Dividends paid to parent |
|
(38)
|
|
|
(38)
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) |
|
|
(6)
|
(2)
|
(8)
|
|
|
|
|
|
(7)
|
(2)
|
(9)
|
Contribution from parent |
$ 7
|
|
|
|
7
|
|
|
|
|
|
|
|
|
Vesting of stock awards (in shares) |
|
|
|
|
|
6,701
|
|
|
|
|
|
|
|
Recognition of stock-based compensation |
|
|
|
|
|
|
2
|
|
4
|
|
|
|
6
|
Repurchase and cancellation of stock awards (in shares) |
|
|
|
|
|
(1,732)
|
|
|
|
|
|
|
|
Dividends declared to noncontrolling interests |
|
|
|
|
|
|
|
|
|
|
|
(40)
|
(40)
|
Dividends paid to noncontrolling interests |
|
|
|
(40)
|
(40)
|
|
|
|
|
|
|
|
|
Stock options exercised |
|
|
|
|
|
|
1
|
|
|
|
|
|
1
|
Stock options exercised (in shares) |
|
|
|
|
|
27,180
|
|
|
|
|
|
|
|
Treasury stock repurchased |
|
|
|
|
|
|
|
(81)
|
|
|
|
|
(81)
|
Treasury stock repurchased (in shares) |
|
|
|
|
|
(4,014,487)
|
|
|
|
|
|
|
|
Dividends declared on common stock |
|
|
|
|
|
|
|
|
|
(38)
|
|
|
(38)
|
Balance at the end of the period at Jun. 30, 2019 |
|
|
|
|
|
$ 3
|
$ 4,013
|
$ (542)
|
$ (24)
|
$ 432
|
$ (1,271)
|
$ 209
|
$ 2,820
|
Balance (in shares) at Jun. 30, 2019 |
|
|
|
|
|
228,700,570
|
|
|
|
|
|
|
228,700,570
|
Balance at the end of the period at Jun. 30, 2019 |
$ 3,672
|
$ 57
|
$ (1,262)
|
$ 209
|
$ 2,676
|
|
|
|
|
|
|
|
|
Balance (in units) at Jun. 30, 2019 |
2,728
|
|
|
|
2,728
|
|
|
|
|
|
|
|
|