Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Cash and cash equivalents [1] $ 615 $ 654
Accounts and notes receivable, allowance for doubtful accounts 13 14
Accounts and notes receivable [1] 878 813
Inventories [1] 1,048 995
Property, plant and equipment, net [1] 2,366 2,377
Other noncurrent assets [1] 696 686
Accrued liabilities [1] 381 429
Current portion of debt [1] 11 66
Current operating lease liabilities [1] 48 51
Long-term debt [1] 1,509 1,671
Noncurrent operating lease liabilities [1] 334 336
Other noncurrent liabilities [1] $ 395 $ 422
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) 261,880,013 261,148,217
Common stock, shares outstanding (in shares) 180,894,240 183,634,464
Treasury stock, shares (in shares) 80,985,773 77,513,753
Accounts and notes receivable [1] $ 878 $ 813
Asset Pledged as Collateral [Member]    
Accounts and notes receivable 306 272
Accounts and notes receivable 306 272
Huntsman International LLC [Member]    
Cash and cash equivalents [1] 615 654
Accounts and notes receivable, allowance for doubtful accounts 13 14
Accounts and notes receivable [1] 878 813
Inventories [1] 1,048 995
Property, plant and equipment, net [1] 2,366 2,377
Other noncurrent assets [1] 696 686
Accrued liabilities [1] 374 427
Current portion of debt [1] 11 66
Current operating lease liabilities [1] 48 51
Long-term debt [1] 1,509 1,671
Noncurrent operating lease liabilities [1] 334 336
Other noncurrent liabilities [1] 390 414
Accounts and notes receivable [1] $ 878 $ 813
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 $ 306 $ 272
Accounts and notes receivable 306 272
Variable Interest Entity, Primary Beneficiary [Member]    
Property, plant and equipment, net 147 149
Long-term debt 24 26
Noncurrent operating lease liabilities 18 19
Other noncurrent liabilities $ 24 $ 25
[1] At March 31, 2023 and December 31, 2022, respectively, $12 and $5 of cash and cash equivalents, $6 and $4 of accounts and notes receivable (net), $57 and $59 of inventories, $147 and $149 of property, plant and equipment (net), $29 each of other noncurrent assets, $97 and $114 of accounts payable, $13 and $12 of accrued liabilities, $9 each of current portion of debt, $10 and $9 of current operating lease liabilities, $24 and $26 of long-term debt, $18 and $19 of noncurrent operating lease liabilities and $24 and $25 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 5. Variable Interest Entities.” These assets can only be used to settle obligations of the variable interest entities, and creditors of these liabilities do not have recourse to our general credit.