Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Restructuring, Impairment and Plant Closing Costs (Tables)

v3.22.1
Note 7 - Restructuring, Impairment and Plant Closing Costs (Tables)
3 Months Ended
Mar. 31, 2022
Notes Tables  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
   

Workforce reductions

    Non-cancelable lease and contract termination costs    

Other restructuring costs

   

Total

 

Accrued liabilities as of January 1, 2022

  $ 28     $ 2     $ 1     $ 31  

2022 charges for 2022 and prior initiatives

                       

2022 payments for 2021 and prior initiatives

    (6 )           (1 )     (7 )

Accrued liabilities as of March 31, 2022

  $ 22     $ 2     $     $ 24  
Schedule of Restructuring Reserve By Type of Cost and Segment [Table Text Block]
           

Performance

   

Advanced

   

Textile

   

Corporate

       
    Polyurethanes     Products     Materials     Effects     and Other     Total  

Accrued liabilities as of January 1, 2022

  $ 9     $ 1     $ 5     $ 5     $ 11     $ 31  

2022 charges for 2022 and prior initiatives

                                   

2022 payments for 2021 and prior initiatives

    (3 )           (1 )     (1 )     (2 )     (7 )

Accrued liabilities as of March 31, 2022

  $ 6     $ 1     $ 4     $ 4     $ 9     $ 24  
                                                 

Current portion of restructuring reserves

  $ 6     $ 1     $ 1     $ 1     $ 3     $ 12  

Long-term portion of restructuring reserves

                3       3       6       12  
Schedule of Cash and Noncash Restructuring Charges By Type of Initiative [Table Text Block]
   

Three months

 
   

ended

 
   

March 31,

 
   

2022

   

2021

 

Cash charges:

               

2022 charges for 2022 and prior initiatives

  $     $  

2021 charges for 2020 and prior initiatives

          14  

2021 charges for 2021 initiatives

          2  

Noncash charges:

               

Other noncash charges

          8  

Total restructuring, impairment and plant closing costs

  $     $ 24