Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity (Unaudited)

v3.23.3
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 (loss) income $ 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 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
Dividends paid to parent 0 (45) 0 0 (45)                
Contribution from parent $ 9 0 0 0 9                
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         600               597
Other comprehensive (loss) income     (295)   (312)           (294)   (311)
Balance (in shares) at Sep. 30, 2022 2,728         192,757,360              
Balance at Sep. 30, 2022 $ 3,756 2,518 (1,482) 210 5,002 $ 3 4,155 (1,686) (37) 2,836 (1,497) 210 3,984
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 (loss) income $ 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 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
Dividends paid to parent 0 (42) 0 0 (42)                
Contribution from parent 10 0 0 0 10                
Net income 0 99 0 15 114 0 0 0 0 100 0 15 115
Other comprehensive (loss) income $ 0 0 (185) (9) (194) $ 0 0 0 0 0 (185) (9) (194)
Vesting of stock awards (in shares)           10,174              
Vesting of stock awards           $ 0 0 0 0 0 0 0 0
Recognition of stock-based compensation           $ 0 1 0 4 0 0 0 5
Repurchase and cancellation of stock awards (in shares)           (2,533)              
Repurchase and cancellation of stock awards           $ 0 0 0 0 0 0 0 0
Stock options exercised (in shares)           10,432              
Stock options exercised           $ 0 0 0 0 0 0 0 0
Treasury stock repurchased (in shares)           (8,932,915)              
Treasury stock repurchased           $ 0 0 (251) 0 0 0 0 (251)
Dividends declared on common stock           $ 0 0 0 0 (42) 0 0 (42)
Balance (in shares) at Sep. 30, 2022 2,728         192,757,360              
Balance at Sep. 30, 2022 $ 3,756 2,518 (1,482) 210 5,002 $ 3 4,155 (1,686) (37) 2,836 (1,497) 210 $ 3,984
Dividends paid to parent 0 (42) 0 0 (42)                
Contribution from parent $ 5 0 0 0 5                
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 (loss) income 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 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
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)                
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         215               212
Other comprehensive (loss) income     43   38           43   $ 38
Stock options exercised (in shares)                         383,000
Treasury stock repurchased (in shares)                         (11,019,878)
Treasury stock repurchased                         $ (300)
Balance (in shares) at Sep. 30, 2023 2,728         173,608,016             173,608,016
Balance at Sep. 30, 2023 $ 3,779 873 (1,210) 225 3,667 $ 3 4,201 (2,239) (47) 2,736 (1,225) 225 $ 3,654
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 (loss) income $ 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 0 0 0 (42) 0 0 (42)
Balance (in shares) at Jun. 30, 2023 2,728         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
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)                
Net income 0 1 0 15 16 0 0 0 0 0 0 15 15
Other comprehensive (loss) income 0 0 (50) 1 (49) $ 0 0 0 0 0 (50) 1 (49)
Vesting of stock awards (in shares)           4,977              
Vesting of stock awards           $ 0 0 0 0 0 0 0 0
Recognition of stock-based compensation           $ 0 0 0 6 0 0 0 6
Repurchase and cancellation of stock awards (in shares)           (1,499)              
Repurchase and cancellation of stock awards           $ 0 0 0 0 0 0 0 0
Stock options exercised (in shares)           252,053              
Stock options exercised           $ 0 7 0 0 (3) 0 0 4
Treasury stock repurchased (in shares)           (3,757,789)              
Treasury stock repurchased           $ 0 0 (103) 0 0 0 0 (103)
Distributions to noncontrolling interests 0 0 0 (20) (20) 0 0 0 0 0 0 (20) (20)
Dividends declared on common stock           0 0 0 0 (42) 0 0 (42)
Acquisition of noncontrolling interests, net of tax $ (1) 0 0 (2) (3) $ 0 (1) 0 0 0 0 (2) $ (3)
Balance (in shares) at Sep. 30, 2023 2,728         173,608,016             173,608,016
Balance at Sep. 30, 2023 $ 3,779 873 (1,210) 225 3,667 $ 3 $ 4,201 $ (2,239) $ (47) $ 2,736 $ (1,225) $ 225 $ 3,654
Dividends paid to parent 0 (43) 0 0 (43)                
Contribution from parent 7 0 0 0 7                
Distribution to parent $ 0 $ (97) $ 0 $ 0 $ (97)