Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY

v3.19.3
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
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
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)    
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 (loss)   271   76 347         274   76 350
Other comprehensive (loss) income     82 23 105           80 23 103
Issuance of nonvested stock awards             14   (14)        
Dividends paid to parent   (39)     (39)                
Contribution from parent $ 7       7                
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)              
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 or paid to noncontrolling interests       (18) (18)             (18) (18)
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 (loss)         956               965
Other comprehensive (loss) income         (100)               (103)
Balance at the end of the period at Sep. 30, 2018           $ 3 3,982 (325) (19) 671 (1,354) 1,006 3,964
Balance (in shares) at Sep. 30, 2018           237,446,147              
Balance at the end of the period at Sep. 30, 2018 $ 3,653 291 (1,346) 1,006 3,604                
Balance (in units) at Sep. 30, 2018 2,728,000,000                        
Increase (Decrease) in Stockholders' Equity and Members' Equity                          
Cumulative effect of changes in fair value of equity investments                   10 (10)    
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 (loss)   411   209 620         414   209 623
Other comprehensive (loss) income     (131) (49) (180)           (132) (49) (181)
Dividends paid to parent   (39)     (39)                
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)              
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 or paid to noncontrolling interests       (13) (13)             (13) (13)
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 2,728,000,000                        
Increase (Decrease) in Stockholders' Equity and Members' Equity                          
Net income (loss)   (14)   3 (11)         (11)   3 (8)
Other comprehensive (loss) income     (24) (1) (25)           (24) (1) (25)
Dividends paid to parent   (39)     (39)                
Contribution from parent $ 7       7                
Vesting of stock awards (in shares)           17,398              
Recognition of stock-based compensation             2   3       5
Repurchase and cancellation of stock awards                   (1)     (1)
Repurchase and cancellation of stock awards (in shares)           (4,617)              
Stock options exercised             3     (1)     2
Stock options exercised (in shares)           171,356              
Treasury stock repurchased               (37)         (37)
Treasury stock repurchased (in shares)           (1,263,263)              
Dividends declared or paid to noncontrolling interests       (2) (2)             (2) (2)
Accrued and unpaid dividends                   (1)     (1)
Dividends declared on common stock                   (39)     (39)
Balance at the end of the period at Sep. 30, 2018           $ 3 3,982 (325) (19) 671 (1,354) 1,006 3,964
Balance (in shares) at Sep. 30, 2018           237,446,147              
Balance at the end of the period at Sep. 30, 2018 $ 3,653 291 (1,346) 1,006 3,604                
Balance (in units) at Sep. 30, 2018 2,728,000,000                        
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 (loss)   116   12 $ 128         119   12 $ 131
Other comprehensive (loss) income     52 2 54           52 2 54
Issuance of nonvested stock awards             16   (16)        
Dividends paid to parent   (37)     (37)                
Contribution from parent $ 7       7                
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 (loss)         $ 281               $ 290
Other comprehensive (loss) income         16               15
Acquisition of noncontrolling interests, net of tax     (15)               (15)    
Treasury stock repurchased                         $ (196)
Treasury stock repurchased (in shares)                         (9,596,332)
Balance at the end of the period at Sep. 30, 2019           $ 3 4,009 (623) (21) 424 (1,310) 156 $ 2,638
Balance (in shares) at Sep. 30, 2019           224,690,660             224,690,660
Balance at the end of the period at Sep. 30, 2019 $ 3,673 47 (1,301) 156 $ 2,575                
Balance (in units) at Sep. 30, 2019 2,728,000,000       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 (loss)   107   8 115         110   8 118
Other comprehensive (loss) income     (6) (2) (8)           (7) (2) (9)
Dividends paid to parent   (38)     (38)                
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)              
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 or paid to noncontrolling interests       (40) (40)             (40) (40)
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              
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 2,728,000,000                        
Increase (Decrease) in Stockholders' Equity and Members' Equity                          
Net income (loss)   27   11 38         30   11 41
Other comprehensive (loss) income     (39) 9 (30)           (39) 9 (30)
Acquisition of noncontrolling interests, net of tax $ (6)     (73) (79)   (6)         (73) (79)
Dividends paid to parent   (37)     (37)                
Contribution from parent 7       7                
Vesting of stock awards (in shares)           11,488              
Recognition of stock-based compensation             2   3       5
Repurchase and cancellation of stock awards (in shares)           (2,273)              
Stock options exercised (in shares)           36,953              
Treasury stock repurchased               (81)         (81)
Treasury stock repurchased (in shares)           (4,056,078)              
Dividends declared on common stock                   (38)     (38)
Balance at the end of the period at Sep. 30, 2019           $ 3 $ 4,009 $ (623) $ (21) $ 424 $ (1,310) $ 156 $ 2,638
Balance (in shares) at Sep. 30, 2019           224,690,660             224,690,660
Balance at the end of the period at Sep. 30, 2019 $ 3,673 $ 47 $ (1,301) $ 156 $ 2,575                
Balance (in units) at Sep. 30, 2019 2,728,000,000       2,728