Quarterly report pursuant to Section 13 or 15(d)

VARIABLE INTEREST ENTITIES (Details)

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VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 29, 2019
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Assets and liabilities of VIE              
Current assets     $ 3,001   $ 3,001   $ 3,755
Property, plant and equipment, net [1]     2,477   2,477   2,383
Operating lease right-of-use assets     430   430   396
Deferred income taxes     295   295   292
Total assets     8,097   8,097   8,320
Current liabilities     1,921   1,921   2,008
Long-term debt [1]     1,557   1,557   2,177
Noncurrent operating lease liabilities [1]     403   403   384
Other noncurrent liabilities [1]     789   789   898
Total liabilities     4,720   4,720   5,496
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities              
Total revenues     1,510 $ 1,687 4,350 $ 5,140  
Income from continuing operations before income taxes     72 3 (67) 277  
Net cash provided by operating activities         88 656  
Sasol Huntsman GmbH and Co. KG              
Identification of variable interest entities through investments and transactions              
Percentage of joint interest acquired 50.00%            
Consolidated VIE's              
Assets and liabilities of VIE              
Current assets     36   36   50
Property, plant and equipment, net     168   168   180
Operating lease right-of-use assets     20   20   16
Other noncurrent assets     136   136   132
Deferred income taxes     30   30   30
Total assets     390   390   408
Current liabilities     165   165   151
Long-term debt     3   3   29
Noncurrent operating lease liabilities     16   16   11
Other noncurrent liabilities     79   79   87
Total liabilities     263   263   $ 278
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities              
Total revenues       28   95  
Income from continuing operations before income taxes       3 1 16  
Net cash provided by operating activities     $ 3 $ 12 $ 17 $ 72  
Rubicon LLC              
Identification of variable interest entities through investments and transactions              
Variable interest entity ownership percentage         50.00%    
Arabian Amines Company              
Identification of variable interest entities through investments and transactions              
Variable interest entity ownership percentage         50.00%    
Sasol Huntsman GmbH and Co. KG              
Identification of variable interest entities through investments and transactions              
Variable interest entity ownership percentage   50.00%          
[1] At September 30, 2020 and December 31, 2019, respectively, $2 and nil of cash and cash equivalents, $6 and $13 of accounts and notes receivable (net), $28 and $35 of inventories, $168 and $180 of property, plant and equipment (net), $23 and $20 of other noncurrent assets, $99 and $100 of accounts payable, $15 and $10 of accrued liabilities, $47 and $36 of current portion of debt, $5 and $4 of current operating lease liabilities, $3 and $29 of long-term debt, $16 and $11 of noncurrent operating lease liabilities and $79 and $87 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities.”