Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents [1] $ 510 $ 1,593
Accounts and notes receivable [1] 1,110 902
Accounts receivable from affiliates 12 8
Inventories [1] 1,193 848
Other current assets 209 217
Total current assets 3,034 3,568
Property, plant and equipment, net [1] 2,551 2,505
Investment in unconsolidated affiliates 433 373
Intangible assets, net 415 453
Goodwill 744 533
Deferred income taxes 285 288
Operating lease right-of-use assets 426 445
Other noncurrent assets [1] 618 548
Total assets 8,506 8,713
Current liabilities:    
Accounts payable [1] 995 842
Accounts payable to affiliates 46 34
Accrued liabilities [1] 480 458
Current portion of debt [1] 44 593
Current operating lease liabilities [1] 49 52
Total current liabilities 1,614 1,979
Long-term debt [1] 1,521 1,528
Deferred income taxes 222 212
Noncurrent operating lease liabilities [1] 394 411
Other noncurrent liabilities [1] 870 910
Total liabilities 4,621 5,040
Commitments and contingencies (Notes 15 and 16)
Common stock $0.01 par value, 1,200,000,000 shares authorized, 259,431,920 and 258,520,411 shares issued and 220,959,906 and 220,046,262 shares outstanding, respectively 3 3
Additional paid-in capital 4,093 4,048
Treasury stock, 38,477,091 shares (731) (731)
Unearned stock-based compensation (34) (19)
Retained earnings 1,714 1,564
Accumulated other comprehensive loss (1,318) (1,346)
Total Huntsman Corporation stockholders’ equity 3,727 3,519
Noncontrolling interests in subsidiaries 158 154
Total equity 3,885 3,673
Total liabilities and equity 8,506 8,713
Huntsman International LLC [Member]    
Current assets:    
Cash and cash equivalents [1] 501 1,591
Accounts and notes receivable [1] 1,110 902
Accounts receivable from affiliates 60 47
Inventories [1] 1,193 848
Other current assets 208 223
Total current assets 3,072 3,611
Property, plant and equipment, net [1] 2,551 2,505
Investment in unconsolidated affiliates 433 373
Intangible assets, net 415 453
Goodwill 744 533
Deferred income taxes 285 288
Operating lease right-of-use assets 426 445
Other noncurrent assets [1] 619 548
Total assets 8,545 8,756
Current liabilities:    
Accounts payable [1] 994 842
Accounts payable to affiliates 49 36
Accrued liabilities [1] 471 455
Current portion of debt [1] 44 593
Current operating lease liabilities [1] 49 52
Total current liabilities 1,607 1,978
Long-term debt [1] 1,521 1,528
Deferred income taxes 225 214
Noncurrent operating lease liabilities [1] 394 411
Other noncurrent liabilities [1] 860 900
Total liabilities 4,607 5,031
Retained earnings 1,368 1,203
Accumulated other comprehensive loss (1,304) (1,333)
Total equity 3,938 3,725
Total liabilities and equity 8,545 8,756
Members’ equity, 2,728 units issued and outstanding 3,716 3,701
Total Huntsman International LLC members’ equity 3,780 3,571
Noncontrolling interests in subsidiaries 158 154
Total equity $ 3,938 $ 3,725
[1] At June 30, 2021 and December 31, 2020 , respectively, $2 each of cash and cash equivalents, $13 and $6 of accounts andnotes receivable (net), $55 and $38 of inventories, $164 and $167 of property, plant and equipment (net), $22 and $23 of othernoncurrent assets, $142 and $119 of accounts payable, $9 and $13 of accrued liabilities, $41 and $47 of current portion ofdebt, $6 and $5 of current operating lease liabilities, nil and $3 of long-term debt, $23 and $17 of noncurrent operating leaseliabilities and $79 and $82 of other noncurrent liabilities from consolidated variable interest entities are included in therespective balance sheet captions above. See “Note 6. Variable Interest Entities.”