Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Restructuring, Impairment and Plant Closing Costs (Tables)

v3.23.1
Note 6 - Restructuring, Impairment and Plant Closing Costs (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
   

Workforce reductions

   

Other restructuring costs

   

Total

 

Accrued liabilities as of January 1, 2023

  $ 76     $     $ 76  

(Credits) charges

    (10 )     3       (7 )

Payments

    (17 )     (4 )     (21 )

Accrued liabilities as of March 31, 2023

  $ 49     $ (1 )   $ 48  
Schedule of Restructuring Reserve By Type of Cost and Segment [Table Text Block]
           

Performance

   

Advanced

   

Corporate

         
   

Polyurethanes

   

Products

   

Materials

   

and other

   

Total

 

Accrued liabilities as of January 1, 2023

  $ 24     $ 5     $ 10     $ 37     $ 76  

(Credits) charges

    (4 )     1       2       (6 )     (7 )

Payments

    (6 )           (4 )     (11 )     (21 )

Accrued liabilities as of March 31, 2023

  $ 14     $ 6     $ 8     $ 20     $ 48  
                                         

Current portion of restructuring reserves

  $ 14     $ 6     $ 8     $ 20     $ 48  

Long-term portion of restructuring reserves

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

Three months

 
   

ended

 
   

March 31,

 
   

2023

   

2022

 

Cash credits

  $ (7 )   $  

Noncash charges:

               

Other noncash charges

           

Total restructuring, impairment and plant closing credits

  $ (7 )   $