Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity (Unaudited)

v3.23.2
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Huntsman International LLC [Member]
Common Stock Outstanding [Member]
Huntsman International LLC [Member]
Retained Earnings [Member]
Huntsman International LLC [Member]
AOCI Attributable to Parent [Member]
Huntsman International LLC [Member]
Noncontrolling Interest [Member]
Huntsman International LLC [Member]
Common Stock Outstanding [Member]
Additional Paid-in Capital [Member]
Treasury Stock, Common [Member]
Deferred Compensation, Share-Based Payments [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at Dec. 31, 2021 2,728         214,170,287              
Balance at Dec. 31, 2021 $ 3,732 $ 2,093 $ (1,187) $ 181 $ 4,819 $ 3 $ 4,102 $ (934) $ (25) $ 2,435 $ (1,203) $ 181 $ 4,559
Net income 0 226 0 17 243 0 0 0 0 223 0 17 240
Other comprehensive income (loss) $ 0 0 (11) (1) (12) 0 0 0 0 0 (11) (1) (12)
Issuance of nonvested stock awards           $ 0 32 0 (32) 0 0 0 0
Vesting of stock awards (in shares)           1,327,568              
Vesting of stock awards           $ 0 7 0 0 0 0 0 7
Recognition of stock-based compensation           $ 0 1 0 8 0 0 0 9
Repurchase and cancellation of stock awards (in shares)           (361,250)              
Repurchase and cancellation of stock awards           $ 0 0 0 0 (13) 0 0 (13)
Stock options exercised (in shares)           387,899              
Stock options exercised           $ 0 10 0 0 (5) 0 0 5
Treasury stock repurchased (in shares)           (5,549,348)              
Treasury stock repurchased           $ 0 0 (210) 0 0 0 0 (210)
Dividends declared on common stock ($0.2375 per share)           $ 0 0 0 0 (45) 0 0 (45)
Balance (in shares) at Mar. 31, 2022 2,728         209,975,156              
Balance at Mar. 31, 2022 $ 3,741 2,274 (1,198) 197 5,014 $ 3 4,152 (1,144) (49) 2,595 (1,214) 197 4,540
Net income 0 226 0 17 243 0 0 0 0 223 0 17 240
Dividends paid to parent 0 (45) 0 0 (45)                
Contribution from parent 9 0 0 0 9                
Dividends paid to parent (0) 45 (0) (0) 45                
Other comprehensive income (loss) $ 0 0 (11) (1) (12) $ 0 0 0 0 0 (11) (1) (12)
Balance (in shares) at Dec. 31, 2021 2,728         214,170,287              
Balance at Dec. 31, 2021 $ 3,732 2,093 (1,187) 181 4,819 $ 3 4,102 (934) (25) 2,435 (1,203) 181 4,559
Net income         486               482
Other comprehensive income (loss)     (110)   (118)           (109)   (117)
Balance (in shares) at Jun. 30, 2022 2,728         201,672,202              
Balance at Jun. 30, 2022 $ 3,751 2,461 (1,297) 204 5,119 $ 3 4,154 (1,435) (41) 2,778 (1,312) 204 4,351
Net income         486               482
Other comprehensive income (loss)     (110)   (118)           (109)   (117)
Balance (in shares) at Mar. 31, 2022 2,728         209,975,156              
Balance at Mar. 31, 2022 $ 3,741 2,274 (1,198) 197 5,014 $ 3 4,152 (1,144) (49) 2,595 (1,214) 197 4,540
Net income 0 229 0 14 243 0 0 0 0 228 0 14 242
Other comprehensive income (loss) $ 0 0 (99) (7) (106) $ 0 0 0 0 0 (98) (7) (105)
Vesting of stock awards (in shares)           4,045              
Vesting of stock awards           $ 0 0 0 0 0 0 0 0
Recognition of stock-based compensation           $ 0 1 0 8 0 0 0 9
Repurchase and cancellation of stock awards (in shares)           (2,416)              
Repurchase and cancellation of stock awards           $ 0 0 0 0 (1) 0 0 (1)
Stock options exercised (in shares)           66,840              
Stock options exercised           $ 0 1 0 0 0 0 0 1
Treasury stock repurchased (in shares)           (8,371,423)              
Treasury stock repurchased           $ 0 0 (291) 0 0 0 0 (291)
Dividends declared on common stock ($0.2375 per share)           $ 0 0 0 0 (44) 0 0 (44)
Balance (in shares) at Jun. 30, 2022 2,728         201,672,202              
Balance at Jun. 30, 2022 $ 3,751 2,461 (1,297) 204 5,119 $ 3 4,154 (1,435) (41) 2,778 (1,312) 204 4,351
Net income 0 229 0 14 243 0 0 0 0 228 0 14 242
Dividends paid to parent 0 (42) 0 0 (42)                
Contribution from parent 10 0 0 0 10                
Dividends paid to parent (0) 42 (0) (0) 42                
Other comprehensive income (loss) $ 0 0 (99) (7) (106) $ 0 0 0 0 0 (98) (7) $ (105)
Balance (in shares) at Dec. 31, 2022 2,728         183,634,464             183,634,464
Balance at Dec. 31, 2022 $ 3,759 1,130 (1,253) 216 3,852 $ 3 4,156 (1,937) (35) 2,705 (1,268) 216 $ 3,840
Net income 0 155 0 13 168 0 0 0 0 153 0 13 166
Other comprehensive income (loss) 0 0 126 2 128 0 0 0 0 0 125 2 127
Issuance of nonvested stock awards           $ 0 32 0 (32) 0 0 0 0
Vesting of stock awards (in shares)           1,016,782              
Vesting of stock awards           $ 0 5 0 0 0 0 0 5
Recognition of stock-based compensation           $ 0 1 0 9 0 0 0 10
Repurchase and cancellation of stock awards (in shares)           (301,231)              
Repurchase and cancellation of stock awards           $ 0 0 0 0 (9) 0 0 (9)
Stock options exercised (in shares)           16,245              
Stock options exercised           $ 0 1 0 0 (1) 0 0 0
Treasury stock repurchased (in shares)           (3,472,020)              
Treasury stock repurchased           $ 0 0 (101) 0 0 0 0 (101)
Distributions to noncontrolling interests $ 0 0 0 (4) (4) 0 0 0 0 0 0 (4) (4)
Dividends declared on common stock ($0.2375 per share)           $ 0 0 0 0 (44) 0 0 (44)
Balance (in shares) at Mar. 31, 2023 2,728         180,894,240              
Balance at Mar. 31, 2023 $ 3,769 1,133 (1,127) 227 4,002 $ 3 4,195 (2,038) (58) 2,804 (1,143) 227 3,990
Net income 0 155 0 13 168 0 0 0 0 153 0 13 166
Dividends paid to parent 0 (43) 0 0 (43)                
Contribution from parent 10 0 0 0 10                
Distribution to parent 0 (109) 0 0 (109)                
Dividends paid to parent (0) 43 (0) (0) 43                
Other comprehensive income (loss) $ 0 0 126 2 128 $ 0 0 0 0 0 125 2 $ 127
Balance (in shares) at Dec. 31, 2022 2,728         183,634,464             183,634,464
Balance at Dec. 31, 2022 $ 3,759 1,130 (1,253) 216 3,852 $ 3 4,156 (1,937) (35) 2,705 (1,268) 216 $ 3,840
Net income         199               197
Other comprehensive income (loss)     93   87           93   $ 87
Stock options exercised (in shares)                         54,000
Treasury stock repurchased (in shares)                         (7,262,089)
Treasury stock repurchased                         $ (199)
Balance (in shares) at Jun. 30, 2023 2,728         177,110,274             177,110,274
Balance at Jun. 30, 2023 $ 3,773 1,012 (1,160) 231 3,856 $ 3 4,195 (2,136) (53) 2,781 (1,175) 231 $ 3,846
Net income         199               197
Other comprehensive income (loss)     93   87           93   87
Balance (in shares) at Mar. 31, 2023 2,728         180,894,240              
Balance at Mar. 31, 2023 $ 3,769 1,133 (1,127) 227 4,002 $ 3 4,195 (2,038) (58) 2,804 (1,143) 227 3,990
Net income 0 19 0 12 31 0 0 0 0 19 0 12 31
Other comprehensive income (loss) $ 0 0 (33) (8) (41) $ 0 0 0 0 0 (32) (8) (40)
Vesting of stock awards (in shares)           6,616              
Vesting of stock awards           $ 0 0 0 0 0 0 0 0
Recognition of stock-based compensation           $ 0 0 0 5 0 0 0 5
Repurchase and cancellation of stock awards (in shares)           (1,957)              
Repurchase and cancellation of stock awards           $ 0 0 0 0 0 0 0 0
Stock options exercised (in shares)           1,444              
Stock options exercised           $ 0 0 0 0 0 0 0 0
Treasury stock repurchased (in shares)           (3,790,069)              
Treasury stock repurchased           $ 0 0 (98) 0 0 0 0 (98)
Dividends declared on common stock ($0.2375 per share)           $ 0 0 0 0 (42) 0 0 $ (42)
Balance (in shares) at Jun. 30, 2023 2,728         177,110,274             177,110,274
Balance at Jun. 30, 2023 $ 3,773 1,012 (1,160) 231 3,856 $ 3 4,195 (2,136) (53) 2,781 (1,175) 231 $ 3,846
Net income 0 19 0 12 31 0 0 0 0 19 0 12 31
Dividends paid to parent 0 45 0 0 45                
Contribution from parent 4 0 0 0 4                
Distribution to parent 0 (95) 0 0 (95)                
Dividends paid to parent 0 (45) 0 0 (45)                
Other comprehensive income (loss) $ 0 $ 0 $ (33) $ (8) $ (41) $ 0 $ 0 $ 0 $ 0 $ 0 $ (32) $ (8) $ (40)