Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY

v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Members' equity
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Retained earnings
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 other comprehensive loss
Noncontrolling interests in subsidiaries
Total
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              
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                        
Increase (Decrease) in Stockholders' Equity and Members' Equity                          
Net (loss) income   116   12 128         119   12 131
Dividends paid to parent   (37)     (37)                
Other comprehensive (loss) income     52 2 54           52 2 54
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              
Contribution from parent $ 7       7                
Treasury stock repurchased               (34)         (34)
Treasury stock repurchased (in shares)           (1,525,767)              
Dividends declared on common stock ($0.1625 per share)                   (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              
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                        
Increase (Decrease) in Stockholders' Equity and Members' Equity                          
Net (loss) income         281               290
Other comprehensive (loss) income         16               15
Acquisition of noncontrolling interests, net of tax     (15)               (15)    
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              
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                        
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 (loss) income   107   8 115         110   8 118
Dividends paid to parent   (38)     (38)                
Other comprehensive (loss) income     (6) (2) (8)           (7) (2) (9)
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              
Contribution from parent $ 7       7                
Dividends declared to noncontrolling interests       (40) (40)             (40) (40)
Treasury stock repurchased               (81)         (81)
Treasury stock repurchased (in shares)           (4,014,487)              
Dividends declared on common stock ($0.1625 per share)                   (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                        
Increase (Decrease) in Stockholders' Equity and Members' Equity                          
Net (loss) income   27   11 38         30   11 41
Dividends paid to parent   (37)     (37)                
Other comprehensive (loss) income     (39) 9 (30)           (39) 9 (30)
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              
Contribution from parent $ 7       7                
Treasury stock repurchased               (81)         (81)
Treasury stock repurchased (in shares)           (4,056,078)              
Acquisition of noncontrolling interests, net of tax (6)     (73) (79)   (6)         (73) (79)
Dividends declared on common stock ($0.1625 per share)                   (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              
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                        
Balance at the beginning of the period at Dec. 31, 2019           $ 3 4,008 (635) (17) 690 (1,362) 137 $ 2,824
Balance (in shares) at Dec. 31, 2019           224,295,868             224,295,868
Balance at the beginning of the period at Dec. 31, 2019 $ 3,675 312 (1,352) 137 $ 2,772                
Balance (in units) at Dec. 31, 2019 2,728       2,728                
Increase (Decrease) in Stockholders' Equity and Members' Equity                          
Net (loss) income   704   3 $ 707         705   3 $ 708
Dividends paid to parent   (37)     (37)                
Other comprehensive (loss) income     (20)   (20)           (21)   (21)
Issuance of nonvested stock awards             18   (18)        
Vesting of stock awards             4           4
Vesting of stock awards (in shares)           943,026              
Recognition of stock-based compensation             2   5       7
Repurchase and cancellation of stock awards                   (6)     (6)
Repurchase and cancellation of stock awards (in shares)           (283,975)              
Stock options exercised             2     (2)      
Stock options exercised (in shares)           57,209              
Contribution from parent $ 6       6                
Treasury stock repurchased               (96)         $ (96)
Treasury stock repurchased (in shares)           (5,364,519)             (5,364,519)
Dividends declared on common stock ($0.1625 per share)                   (37)     $ (37)
Balance at the end of the period at Mar. 31, 2020           $ 3 4,034 (731) (30) 1,350 (1,383) 140 3,383
Balance (in shares) at Mar. 31, 2020           219,647,609              
Balance at the end of the period at Mar. 31, 2020 $ 3,681 979 (1,372) 140 3,428                
Balance (in units) at Mar. 31, 2020 2,728                        
Balance at the beginning of the period at Dec. 31, 2019           $ 3 4,008 (635) (17) 690 (1,362) 137 $ 2,824
Balance (in shares) at Dec. 31, 2019           224,295,868             224,295,868
Balance at the beginning of the period at Dec. 31, 2019 $ 3,675 312 (1,352) 137 $ 2,772                
Balance (in units) at Dec. 31, 2019 2,728       2,728                
Increase (Decrease) in Stockholders' Equity and Members' Equity                          
Net (loss) income         $ 706               $ 706
Other comprehensive (loss) income         38               36
Balance at the end of the period at Sep. 30, 2020           $ 3 4,042 (731) (23) 1,260 (1,329) 155 $ 3,377
Balance (in shares) at Sep. 30, 2020           219,827,393             219,827,393
Balance at the end of the period at Sep. 30, 2020 $ 3,694 894 (1,317) 155 $ 3,426                
Balance (in units) at Sep. 30, 2020 2,728       2,728                
Balance at the beginning of the period at Mar. 31, 2020           $ 3 4,034 (731) (30) 1,350 (1,383) 140 $ 3,383
Balance (in shares) at Mar. 31, 2020           219,647,609              
Balance at the beginning of the period at Mar. 31, 2020 $ 3,681 979 (1,372) 140 $ 3,428                
Balance (in units) at Mar. 31, 2020 2,728                        
Increase (Decrease) in Stockholders' Equity and Members' Equity                          
Net (loss) income   (62)   3 (59)         (62)   3 (59)
Dividends paid to parent   (36)     (36)                
Other comprehensive (loss) income     29   29           29   29
Vesting of stock awards (in shares)           8,448              
Recognition of stock-based compensation             2   4       6
Repurchase and cancellation of stock awards (in shares)           (1,093)              
Stock options exercised             1           1
Stock options exercised (in shares)           92,057              
Contribution from parent $ 7       7                
Dividends declared on common stock ($0.1625 per share)                   (36)     (36)
Balance at the end of the period at Jun. 30, 2020           $ 3 4,037 (731) (26) 1,252 (1,354) 143 3,324
Balance (in shares) at Jun. 30, 2020           219,747,021              
Balance at the end of the period at Jun. 30, 2020 $ 3,688 881 (1,343) 143 3,369                
Balance (in units) at Jun. 30, 2020 2,728                        
Increase (Decrease) in Stockholders' Equity and Members' Equity                          
Net (loss) income   49   9 58         48   9 57
Dividends paid to parent   (36)     (36)                
Other comprehensive (loss) income     26 3 29           25 3 28
Vesting of stock awards (in shares)           2,890              
Recognition of stock-based compensation             2   3       5
Repurchase and cancellation of stock awards                   (1)     (1)
Repurchase and cancellation of stock awards (in shares)           (710)              
Stock options exercised             3     (3)      
Stock options exercised (in shares)           78,192              
Contribution from parent $ 6       6                
Dividends declared on common stock ($0.1625 per share)                   (36)     (36)
Balance at the end of the period at Sep. 30, 2020           $ 3 $ 4,042 $ (731) $ (23) $ 1,260 $ (1,329) $ 155 $ 3,377
Balance (in shares) at Sep. 30, 2020           219,827,393             219,827,393
Balance at the end of the period at Sep. 30, 2020 $ 3,694 $ 894 $ (1,317) $ 155 $ 3,426                
Balance (in units) at Sep. 30, 2020 2,728       2,728