Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals)

v3.22.2.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Cash and cash equivalents [1] $ 515 $ 1,041
Accounts and notes receivable, allowance for doubtful accounts 11 12
Accounts and notes receivable [1] 981 988
Inventories [1] 1,079 1,038
Property, plant and equipment, net [1] 2,288 2,443
Other noncurrent assets [1] 623 689
Accounts payable [1] 865 1,054
Accrued liabilities [1] 393 713
Current portion of debt [1] 12 12
Current operating lease liabilities [1] 50 49
Long-term debt [1] 1,476 1,538
Noncurrent operating lease liabilities [1] 326 346
Other noncurrent liabilities [1] $ 502 $ 586
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 1,200,000,000 1,200,000,000
Common stock, shares issued (in shares) 261,142,535 259,701,770
Common stock, shares outstanding (in shares) 192,757,360 214,170,287
Treasury stock, shares (in shares) 68,385,175 45,531,489
Asset Pledged as Collateral [Member]    
Accounts and notes receivable $ 348 $ 324
Huntsman International LLC [Member]    
Cash and cash equivalents [1] 515 1,039
Accounts and notes receivable, allowance for doubtful accounts 11 12
Accounts and notes receivable [1] 981 988
Inventories [1] 1,079 1,038
Property, plant and equipment, net [1] 2,288 2,443
Other noncurrent assets [1] 623 690
Accounts payable [1] 865 1,051
Accrued liabilities [1] 386 704
Current portion of debt [1] 12 12
Current operating lease liabilities [1] 50 49
Long-term debt [1] 1,476 1,538
Noncurrent operating lease liabilities [1] 326 346
Other noncurrent liabilities [1] $ 494 $ 573
Members' equity, units issued (in shares) 2,728 2,728
Members' equity, units outstanding (in shares) 2,728 2,728
Huntsman International LLC [Member] | Asset Pledged as Collateral [Member]    
Accounts and notes receivable $ 348 $ 324
Variable Interest Entity, Primary Beneficiary [Member]    
Property, plant and equipment, net 161 161
Long-term debt 28 35
Noncurrent operating lease liabilities 21 20
Other noncurrent liabilities $ 45 $ 46
[1] At September 30, 2022 and December 31, 2021, respectively, $22 and $1 of cash and cash equivalents, $4 and $12 of accounts and notes receivable (net), $60 and $64 of inventories, $161 each of property, plant and equipment (net), $29 and $23 of other noncurrent assets, $126 and $146 of accounts payable, $11 and $13 of accrued liabilities, $10 each of current portion of debt, $10 and $6 of current operating lease liabilities, $28 and $35 of long-term debt, $21 and $20 of noncurrent operating lease liabilities and $45 and $46 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See "Note 6. Variable Interest Entities."