Quarterly report pursuant to Section 13 or 15(d)

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

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Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Cash and cash equivalents [1] $ 496 $ 654
Accounts and notes receivable, allowance for doubtful accounts 11 14
Accounts and notes receivable [1] 822 813
Inventories [1] 941 995
Property, plant and equipment, net [1] 2,313 2,377
Other noncurrent assets [1] 693 686
Accrued liabilities [1] 386 429
Current portion of debt [1] 113 66
Current operating lease liabilities [1] 46 51
Long-term debt [1] 1,493 1,671
Noncurrent operating lease liabilities [1] 329 336
Other noncurrent liabilities [1] $ 367 $ 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) 262,141,647 261,148,217
Common stock, shares outstanding (in shares) 173,608,016 183,634,464
Treasury stock, shares (in shares) 88,533,631 77,513,753
Accounts and notes receivable [1] $ 822 $ 813
Asset Pledged as Collateral [Member]    
Accounts and notes receivable 282 272
Accounts and notes receivable 282 272
Huntsman International LLC [Member]    
Cash and cash equivalents [1] 496 654
Accounts and notes receivable, allowance for doubtful accounts 11 14
Accounts and notes receivable [1] 822 813
Inventories [1] 941 995
Property, plant and equipment, net [1] 2,313 2,377
Other noncurrent assets [1] 693 686
Accrued liabilities [1] 376 427
Current portion of debt [1] 113 66
Current operating lease liabilities [1] 46 51
Long-term debt [1] 1,493 1,671
Noncurrent operating lease liabilities [1] 328 336
Other noncurrent liabilities [1] 363 414
Accounts and notes receivable [1] $ 822 $ 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 $ 282 $ 272
Accounts and notes receivable 282 272
Variable Interest Entity, Primary Beneficiary [Member]    
Cash and cash equivalents 12 5
Accounts and notes receivable 12 4
Inventories 50 59
Property, plant and equipment, net 145 149
Other noncurrent assets 31 29
Accrued liabilities 13 12
Current portion of debt 9 9
Current operating lease liabilities 9 9
Long-term debt 19 26
Noncurrent operating lease liabilities 20 19
Other noncurrent liabilities 24 25
Accounts and notes receivable 12 4
Variable Interest Entity, Primary Beneficiary [Member] | Huntsman International LLC [Member]    
Cash and cash equivalents 12 5
Accounts and notes receivable 12 4
Inventories 50 59
Property, plant and equipment, net 145 149
Other noncurrent assets 31 29
Accrued liabilities 13 12
Current portion of debt 9 9
Current operating lease liabilities 9 9
Long-term debt 19 26
Noncurrent operating lease liabilities 20 19
Other noncurrent liabilities 24 25
Accounts and notes receivable $ 12 $ 4
[1] At September 30, 2023 and December 31, 2022, respectively, $12 and $5 of cash and cash equivalents, $12 and $4 of accounts and notes receivable (net), $50 and $59 of inventories, $145 and $149 of property, plant and equipment (net), $31 and $29 of other noncurrent assets, $76 and $114 of accounts payable, $13 and $12 of accrued liabilities, $9 each of current portion of debt, $9 each of current operating lease liabilities, $19 and $26 of long-term debt, $20 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.