Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC (UNAUDITED) (Details)

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CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC (UNAUDITED) (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2011
Dec. 31, 2010
Condensed consolidating financial statements        
Percentage of holding in subsidiaries 100.00%      
Current assets:        
Cash and cash equivalents $ 452 [1] $ 554 [1] $ 683 $ 966
Restricted cash 9 [1] 8 [1]    
Accounts and notes receivable (net) 1,677 [1] 1,529 [1]    
Accounts receivable from affiliates 40 5    
Inventories 1,645 [1] 1,539 [1]    
Prepaid expenses 37 46    
Deferred income taxes 40 20    
Other current assets 209 [1] 245 [1]    
Total current assets 4,109 3,946    
Property, plant and equipment, net 3,536 [1] 3,622 [1]    
Investment in unconsolidated affiliates 223 202    
Intangible assets, net 78 [1] 91 [1]    
Goodwill 106 114    
Deferred income taxes 189 195    
Notes receivable from affiliates 2 5    
Other noncurrent assets 486 [1] 482 [1]    
Total assets 8,729 8,657    
Current liabilities:        
Accounts payable 976 [1] 862 [1]    
Accounts payable to affiliates 33 50    
Accrued liabilities 669 [1] 695 [1]    
Deferred income taxes 27 7    
Current portion of debt 143 [1] 212 [1]    
Total current liabilities 1,848 1,826    
Long-term debt 3,601 [1] 3,730 [1]    
Notes payable to affiliates 4 4    
Deferred income taxes 341 309    
Other noncurrent liabilities 929 [1] 1,012 [1]    
Total liabilities 6,723 6,881    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Accumulated deficit (715) (947)    
Accumulated other comprehensive (loss) income (589) (559)    
Noncontrolling interests in subsidiaries 118 114    
Total liabilities and equity 8,729 8,657    
Parent Company
        
Current assets:        
Cash and cash equivalents 7 4 55 220
Accounts and notes receivable (net) 26 13    
Accounts receivable from affiliates 1,385 1,105    
Inventories 80 105    
Prepaid expenses 5 9    
Deferred income taxes 6 6    
Other current assets 119 90    
Total current assets 1,628 1,332    
Property, plant and equipment, net 381 393    
Investment in unconsolidated affiliates 5,675 5,286    
Intangible assets, net 34 42    
Goodwill (16) (16)    
Deferred income taxes 152 154    
Notes receivable from affiliates 20 20    
Other noncurrent assets 91 81    
Total assets 7,965 7,292    
Current liabilities:        
Accounts payable 57 53    
Accounts payable to affiliates 2,732 2,244    
Accrued liabilities 111 117    
Note payable to affiliate 100 100    
Current portion of debt 17 33    
Total current liabilities 3,017 2,547    
Long-term debt 3,045 3,128    
Notes payable to affiliates 519 435    
Deferred income taxes   9    
Other noncurrent liabilities 173 196    
Total liabilities 6,754 6,315    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 3,097 3,081    
Accumulated deficit (1,248) (1,493)    
Accumulated other comprehensive (loss) income (638) (611)    
Total Huntsman International LLC members' equity 1,211 977    
Total equity 1,211 977    
Total liabilities and equity 7,965 7,292    
Guarantors
        
Current assets:        
Cash and cash equivalents 4   3 9
Accounts and notes receivable (net) 141 151    
Accounts receivable from affiliates 3,678 3,041    
Inventories 274 271    
Prepaid expenses 1 7    
Other current assets 4 9    
Total current assets 4,102 3,479    
Property, plant and equipment, net 859 868    
Investment in unconsolidated affiliates 1,643 1,460    
Intangible assets, net 2 2    
Goodwill 82 82    
Notes receivable from affiliates 903 920    
Other noncurrent assets 135 137    
Total assets 7,726 6,948    
Current liabilities:        
Accounts payable 216 205    
Accounts payable to affiliates 1,071 822    
Accrued liabilities 226 204    
Deferred income taxes 39 39    
Total current liabilities 1,552 1,270    
Deferred income taxes 181 79    
Other noncurrent liabilities 162 163    
Total liabilities 1,895 1,512    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 4,742 4,754    
Accumulated deficit (433) (820)    
Accumulated other comprehensive (loss) income 1,522 1,502    
Total Huntsman International LLC members' equity 5,831 5,436    
Total equity 5,831 5,436    
Total liabilities and equity 7,726 6,948    
Non-guarantors
        
Current assets:        
Cash and cash equivalents 190 227 248 332
Restricted cash 9 8    
Accounts and notes receivable (net) 1,510 1,365    
Accounts receivable from affiliates 102 93    
Inventories 1,299 1,167    
Prepaid expenses 29 43    
Deferred income taxes 49 49    
Other current assets 205 222    
Total current assets 3,393 3,174    
Property, plant and equipment, net 2,194 2,247    
Investment in unconsolidated affiliates 149 147    
Intangible assets, net 48 52    
Goodwill 40 48    
Deferred income taxes 186 191    
Notes receivable from affiliates 2 5    
Other noncurrent assets 259 264    
Total assets 6,271 6,128    
Current liabilities:        
Accounts payable 703 604    
Accounts payable to affiliates 1,197 1,089    
Accrued liabilities 423 487    
Deferred income taxes 7 7    
Current portion of debt 126 179    
Total current liabilities 2,456 2,366    
Long-term debt 556 602    
Notes payable to affiliates 927 944    
Deferred income taxes 102 98    
Other noncurrent liabilities 591 644    
Total liabilities 4,632 4,654    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 2,398 2,343    
Accumulated deficit (274) (396)    
Accumulated other comprehensive (loss) income (558) (546)    
Total Huntsman International LLC members' equity 1,566 1,401    
Noncontrolling interests in subsidiaries 73 73    
Total equity 1,639 1,474    
Total liabilities and equity 6,271 6,128    
Eliminations
        
Current assets:        
Accounts receivable from affiliates (4,960) (4,091)    
Inventories (8) (4)    
Prepaid expenses   (13)    
Deferred income taxes (15) (15)    
Other current assets (119) (101)    
Total current assets (5,102) (4,224)    
Property, plant and equipment, net 2 2    
Investment in unconsolidated affiliates (7,244) (6,691)    
Intangible assets, net (4) (3)    
Deferred income taxes (149) (182)    
Notes receivable from affiliates (923) (940)    
Other noncurrent assets 1      
Total assets (13,419) (12,038)    
Current liabilities:        
Accounts payable to affiliates (4,960) (4,091)    
Accrued liabilities (119) (114)    
Deferred income taxes (17) (17)    
Total current liabilities (5,096) (4,222)    
Notes payable to affiliates (923) (940)    
Deferred income taxes (48) (80)    
Total liabilities (6,067) (5,242)    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity (7,140) (7,097)    
Accumulated deficit 707 1,216    
Accumulated other comprehensive (loss) income (964) (956)    
Total Huntsman International LLC members' equity (7,397) (6,837)    
Noncontrolling interests in subsidiaries 45 41    
Total equity (7,352) (6,796)    
Total liabilities and equity 13,419 (12,038)    
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
        
Current assets:        
Cash and cash equivalents 201 [1] 231 [1] 306 561
Restricted cash 9 [1] 8 [1]    
Accounts and notes receivable (net) 1,677 [1] 1,529 [1]    
Accounts receivable from affiliates 205 148    
Inventories 1,645 [1] 1,539 [1]    
Prepaid expenses 35 46    
Deferred income taxes 40 40    
Other current assets 209 [1] 220 [1]    
Total current assets 4,021 3,761    
Property, plant and equipment, net 3,436 [1] 3,510 [1]    
Investment in unconsolidated affiliates 223 202    
Intangible assets, net 80 [1] 93 [1]    
Goodwill 106 114    
Deferred income taxes 189 163    
Notes receivable from affiliates 2 5    
Other noncurrent assets 486 [1] 482 [1]    
Total assets 8,543 8,330    
Current liabilities:        
Accounts payable 976 [1] 862 [1]    
Accounts payable to affiliates 40 64    
Accrued liabilities 641 [1] 694 [1]    
Deferred income taxes 29 29    
Note payable to affiliate 100 100    
Current portion of debt 143 [1] 212 [1]    
Total current liabilities 1,929 1,961    
Long-term debt 3,601 [1] 3,730 [1]    
Notes payable to affiliates 523 439    
Deferred income taxes 235 106    
Other noncurrent liabilities 926 [1] 1,003 [1]    
Total liabilities 7,214 7,239    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 3,097 3,081    
Accumulated deficit (1,248) (1,493)    
Accumulated other comprehensive (loss) income (638) (611)    
Total Huntsman International LLC members' equity 1,211 977    
Noncontrolling interests in subsidiaries 118 114    
Total equity 1,329 1,091 1,496 1,088
Total liabilities and equity $ 8,543 $ 8,330    
[1] At June 30, 2012 and December 31, 2011, respectively, $34 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $36 and $29 of accounts and notes receivable (net), $50 and $47 of inventories, $1 each of other current assets, $383 and $403 of property, plant and equipment (net), $20 and $23 of intangible assets (net), $22 and $21 of other noncurrent assets, $54 and $55 of accounts payable, $22 and $21 of accrued liabilities, $23 and $16 of current portion of debt, $248 and $264 of long-term debt, and $74 and $111 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See "Note 5. Variable Interest Entities."