Annual report pursuant to Section 13 and 15(d)

Note 6 - Property, Plant and Equipment

v3.20.4
Note 6 - Property, Plant and Equipment
12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

6. PROPERTY, PLANT AND EQUIPMENT

 

The cost and accumulated depreciation of property, plant and equipment were as follows (dollars in millions):

 

Huntsman Corporation

 

   

December 31,

 
   

2020

   

2019

 

Land

  $ 97     $ 103  

Buildings

    540       605  

Plant and equipment

    5,039       4,695  

Construction in progress

    357       285  

Total

    6,033       5,688  

Less accumulated depreciation

    (3,528 )     (3,305 )

Net

  $ 2,505     $ 2,383  

 

Depreciation expense for Huntsman Corporation for 2020, 2019 and 2018 was $242 million, $245 million and $239 million, respectively.

 

Huntsman International

 

 

   

December 31,

 
   

2020

   

2019

 

Land

  $ 97     $ 103  

Buildings

    540       605  

Plant and equipment

    5,127       4,749  

Construction in progress

    357       285  

Total

    6,121       5,742  

Less accumulated depreciation

    (3,616 )     (3,359 )

Net

  $ 2,505     $ 2,383  

 

Depreciation expense for Huntsman International for 2020, 2019 and 2018 was $242 million, $245 million and $236 million, respectively.