Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Debt (Details Textual)

v3.22.1
Note 8 - Debt (Details Textual)
€ in Millions, $ in Millions
 3 Months Ended 12 Months Ended
Jan. 15, 2021
USD ($)
Jan. 15, 2021
EUR (€)
Mar. 31, 2022
USD ($)
Mar. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Debt Issuance Costs, Net, Total     $ 9   $ 10
Long-term Debt, Current Maturities, Total [1]     21   12
Long-term Debt, Excluding Current Maturities, Total [1]     $ 1,529   1,538
Arabian Amines Company [Member]          
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage     50.00%    
Arabian Amines Company [Member] | Saudi British Bank [Member]          
Debt Instrument, Face Amount     $ 50    
Long-term Debt, Current Maturities, Total     17    
Long-term Debt, Excluding Current Maturities, Total     33    
Huntsman International LLC [Member]          
Long-term Debt, Current Maturities, Total [1]     21   12
Long-term Debt, Excluding Current Maturities, Total [1]     1,529   1,538
The Revolving Credit Facility [Member] | Huntsman International LLC [Member]          
Line of Credit Facility, Maximum Borrowing Capacity     1,200   $ 1,200
Letters of Credit Outstanding, Amount     $ 3    
The Revolving Credit Facility [Member] | Huntsman International LLC [Member] | London Interbank Offered Rate (LIBOR) [Member]          
Debt Instrument, Basis Spread on Variable Rate     1.50%   1.50% [2]
US Accounts Receivable Program Maturing July 2024 [Member] | Huntsman International LLC [Member]          
Letters of Credit Outstanding, Amount     $ 8    
Accounts Receivable Programs [Member] | Huntsman International LLC [Member] | Asset Pledged as Collateral [Member]          
Accounts Receivable, after Allowance for Credit Loss, Total     $ 372   $ 324
Senior Notes Maturing April 2021 [Member]          
Debt Instrument, Amount Redeemed $ 541 € 445      
Debt Instrument, Interest Rate, Stated Percentage 5.125% 5.125%      
Debt Instrument, Redemption Price, Percentage 100.00% 100.00%      
Incremental Cash Tax Liability Incurred During Period in Connection with Debt Redemption       $ 15  
[1] At March 31, 2022 and December 31, 2021, respectively, $9 and $1 of cash and cash equivalents, $9 and $12 of accounts and notes receivable (net), $66 and $64 of inventories, $156 and $161 of property, plant and equipment (net), $25 and $23 of other noncurrent assets, $145 and $146 of accounts payable, $8 and $13 of accrued liabilities, $17 and $10 of current portion of debt, $6 each of current operating lease liabilities, $33 and $35 of long-term debt, $19 and $20 of noncurrent operating lease liabilities and $46 each of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities.”
[2] Interest rates on borrowings under the Revolving Credit Facility vary based on the type of loan and Huntsman International’s debt ratings. The representative interest rate as of March 31, 2022 was 1.50% above LIBOR.