Note 26 - Operating Segment Information - Financial Information By Segment (Details) - USD ($) $ in Millions |
12 Months Ended | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
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Revenues | [1] | $ 8,023 | $ 7,670 | $ 5,421 | |||||||||||
Segment adjusted EBITDA | [2] | 1,330 | 1,442 | 766 | |||||||||||
Interest expense, net—continuing operations | (62) | (67) | (86) | ||||||||||||
Depreciation and amortization—continuing operations | (281) | (278) | (267) | ||||||||||||
Corporate and other costs, net(2) | [3] | (175) | (196) | (161) | |||||||||||
Net income attributable to noncontrolling interests | 63 | 59 | 32 | ||||||||||||
Business acquisition and integration expenses and purchase accounting inventory adjustments | (12) | (22) | (31) | ||||||||||||
Fair value adjustments to Venator investment, net and related loss on disposal | (12) | (28) | (88) | ||||||||||||
Gain (Loss) on Extinguishment of Debt, Total | 0 | (27) | 0 | ||||||||||||
Certain legal and other settlements and related expenses | (7) | (13) | (5) | ||||||||||||
(Costs) income associated with the Albemarle Settlement, net | (3) | 465 | 0 | ||||||||||||
Gain on sale of businesses/assets | 0 | 30 | 280 | ||||||||||||
Income from transition services arrangements | 2 | 8 | 7 | ||||||||||||
Certain nonrecurring information technology project implementation costs | (5) | (8) | (6) | ||||||||||||
Amortization of pension and postretirement actuarial losses | (49) | (74) | (64) | ||||||||||||
Plant incident remediation credits (costs) | 4 | 0 | (2) | ||||||||||||
Restructuring, impairment and plant closing and transition costs(3) | [4] | (96) | (45) | (44) | |||||||||||
Income from continuing operations before income taxes | 697 | 1,246 | 331 | ||||||||||||
Income tax expense—continuing operations | (186) | (191) | (42) | ||||||||||||
Income from discontinued operations, net of tax | 12 | 49 | 777 | ||||||||||||
Net income | 523 | 1,104 | 1,066 | ||||||||||||
Depreciation and amortization - continuing operations | 281 | 278 | 267 | ||||||||||||
Capital expenditures | 272 | 326 | 237 | ||||||||||||
Total assets | 7,748 | 8,864 | |||||||||||||
Goodwill | 641 | 650 | |||||||||||||
Corporate and other costs, net(2) | [3] | 175 | 196 | 161 | |||||||||||
Loss on early extinguishment of debt | 0 | (27) | 0 | ||||||||||||
Gain on sale of businesses/assets | 0 | 30 | 280 | ||||||||||||
Plant incident remediation credits (costs) | (4) | 0 | 2 | ||||||||||||
Huntsman International LLC [Member] | |||||||||||||||
Revenues | 8,023 | 7,670 | 5,421 | ||||||||||||
Interest expense, net—continuing operations | (62) | (67) | (88) | ||||||||||||
Depreciation and amortization—continuing operations | (281) | (278) | (267) | ||||||||||||
Corporate and other costs, net(2) | [5] | 172 | 190 | 155 | |||||||||||
Net income attributable to noncontrolling interests | 63 | 59 | 32 | ||||||||||||
Business acquisition and integration expenses and purchase accounting inventory adjustments | (12) | (22) | (31) | ||||||||||||
Fair value adjustments to Venator investment, net and related loss on disposal | (12) | (28) | (88) | ||||||||||||
Gain (Loss) on Extinguishment of Debt, Total | 0 | (27) | 0 | ||||||||||||
Certain legal and other settlements and related expenses | (7) | (13) | (5) | ||||||||||||
(Costs) income associated with the Albemarle Settlement, net | (3) | 465 | 0 | ||||||||||||
Gain on sale of businesses/assets | 0 | 30 | 280 | ||||||||||||
Income from transition services arrangements | 2 | 8 | 7 | ||||||||||||
Certain nonrecurring information technology project implementation costs | (5) | (8) | (6) | ||||||||||||
Amortization of pension and postretirement actuarial losses | (49) | (76) | (67) | ||||||||||||
Plant incident remediation credits (costs) | (4) | (0) | 2 | ||||||||||||
Income from continuing operations before income taxes | 700 | 1,250 | 332 | ||||||||||||
Income tax expense—continuing operations | (188) | (192) | (42) | ||||||||||||
Income from discontinued operations, net of tax | 12 | 49 | 777 | ||||||||||||
Net income | 524 | 1,107 | 1,067 | ||||||||||||
Depreciation and amortization - continuing operations | 281 | 278 | 267 | ||||||||||||
Capital expenditures | 272 | 326 | 237 | ||||||||||||
Total assets | 7,754 | 9,103 | |||||||||||||
Goodwill | 641 | 650 | |||||||||||||
Corporate and other costs, net(2) | [5] | (172) | (190) | (155) | |||||||||||
Loss on early extinguishment of debt | 0 | (27) | 0 | ||||||||||||
Gain on sale of businesses/assets | 0 | 30 | 280 | ||||||||||||
Plant incident remediation credits (costs) | 4 | 0 | (2) | ||||||||||||
Restructuring, impairment and plant closing and transition costs(3) | (96) | (45) | (44) | ||||||||||||
Operating Segments [Member] | |||||||||||||||
Revenues | 8,057 | 7,702 | 5,446 | ||||||||||||
Depreciation and amortization—continuing operations | (265) | (265) | (254) | ||||||||||||
Depreciation and amortization - continuing operations | 265 | 265 | 254 | ||||||||||||
Capital expenditures | 260 | 310 | 225 | ||||||||||||
Total assets | 6,687 | 7,155 | |||||||||||||
Operating Segments [Member] | Huntsman International LLC [Member] | |||||||||||||||
Segment adjusted EBITDA | [6] | 1,330 | 1,442 | 766 | |||||||||||
Depreciation and amortization—continuing operations | (265) | (265) | (254) | ||||||||||||
Depreciation and amortization - continuing operations | 265 | 265 | 254 | ||||||||||||
Capital expenditures | 260 | 310 | 225 | ||||||||||||
Total assets | 6,687 | 7,155 | |||||||||||||
Consolidation, Eliminations [Member] | |||||||||||||||
Revenues | (34) | (32) | (25) | ||||||||||||
Corporate and Reconciling Items [Member] | |||||||||||||||
Revenues | [1] | (34) | (32) | (25) | |||||||||||
Depreciation and amortization—continuing operations | (16) | (13) | (13) | ||||||||||||
Depreciation and amortization - continuing operations | 16 | 13 | 13 | ||||||||||||
Capital expenditures | 12 | 16 | 12 | ||||||||||||
Total assets | 1,061 | 1,709 | |||||||||||||
Corporate and Reconciling Items [Member] | Huntsman International LLC [Member] | |||||||||||||||
Depreciation and amortization—continuing operations | (16) | (13) | (13) | ||||||||||||
Depreciation and amortization - continuing operations | 16 | 13 | 13 | ||||||||||||
Capital expenditures | 12 | 16 | 12 | ||||||||||||
Total assets | 1,067 | 1,948 | |||||||||||||
Polyurethanes [Member] | Operating Segments [Member] | |||||||||||||||
Revenues | [1] | 5,067 | 5,019 | 3,584 | |||||||||||
Segment adjusted EBITDA | [2] | 628 | 879 | 472 | |||||||||||
Depreciation and amortization—continuing operations | (136) | (131) | (130) | ||||||||||||
Depreciation and amortization - continuing operations | 136 | 131 | 130 | ||||||||||||
Capital expenditures | 142 | 243 | 172 | ||||||||||||
Total assets | 4,286 | 4,624 | |||||||||||||
Goodwill | 336 | 344 | |||||||||||||
Polyurethanes [Member] | Operating Segments [Member] | Huntsman International LLC [Member] | |||||||||||||||
Segment adjusted EBITDA | [6] | 628 | 879 | 472 | |||||||||||
Depreciation and amortization—continuing operations | (136) | (131) | (130) | ||||||||||||
Depreciation and amortization - continuing operations | 136 | 131 | 130 | ||||||||||||
Capital expenditures | 142 | 243 | 172 | ||||||||||||
Total assets | 4,286 | 4,624 | |||||||||||||
Goodwill | 336 | 344 | |||||||||||||
Performance Products [Member] | Operating Segments [Member] | |||||||||||||||
Revenues | [1] | 1,713 | 1,485 | 1,023 | |||||||||||
Segment adjusted EBITDA | [2] | 469 | 359 | 164 | |||||||||||
Depreciation and amortization—continuing operations | (72) | (74) | (79) | ||||||||||||
Depreciation and amortization - continuing operations | 72 | 74 | 79 | ||||||||||||
Capital expenditures | 92 | 42 | 32 | ||||||||||||
Total assets | 1,155 | 1,207 | |||||||||||||
Goodwill | 15 | 16 | |||||||||||||
Performance Products [Member] | Operating Segments [Member] | Huntsman International LLC [Member] | |||||||||||||||
Segment adjusted EBITDA | [6] | 469 | 359 | 164 | |||||||||||
Depreciation and amortization—continuing operations | (72) | (74) | (79) | ||||||||||||
Depreciation and amortization - continuing operations | 72 | 74 | 79 | ||||||||||||
Capital expenditures | 92 | 42 | 32 | ||||||||||||
Total assets | 1,155 | 1,207 | |||||||||||||
Goodwill | 15 | 16 | |||||||||||||
Advanced Materials [Member] | Operating Segments [Member] | |||||||||||||||
Revenues | [1] | 1,277 | 1,198 | 839 | |||||||||||
Segment adjusted EBITDA | [2] | 233 | 204 | 130 | |||||||||||
Depreciation and amortization—continuing operations | (57) | (60) | (45) | ||||||||||||
Depreciation and amortization - continuing operations | 57 | 60 | 45 | ||||||||||||
Capital expenditures | 26 | 25 | 21 | ||||||||||||
Total assets | 1,246 | 1,324 | |||||||||||||
Goodwill | 290 | 290 | |||||||||||||
Advanced Materials [Member] | Operating Segments [Member] | Huntsman International LLC [Member] | |||||||||||||||
Segment adjusted EBITDA | [6] | 233 | 204 | 130 | |||||||||||
Depreciation and amortization—continuing operations | (57) | (60) | (45) | ||||||||||||
Depreciation and amortization - continuing operations | 57 | 60 | 45 | ||||||||||||
Capital expenditures | 26 | 25 | $ 21 | ||||||||||||
Total assets | 1,246 | 1,324 | |||||||||||||
Goodwill | $ 290 | $ 290 | |||||||||||||
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