| Revenue from Contract with Customer [Text Block] |
10. REVENUE RECOGNITION
The following tables disaggregate our revenue from continuing operations by major source for the three months ended September 30, 2023 and 2022 (dollars in millions):
| |
|
|
|
|
|
Performance |
|
|
Advanced |
|
|
Corporate and |
|
|
|
|
|
| 2023 |
|
Polyurethanes |
|
|
Products |
|
|
Materials |
|
|
eliminations |
|
|
Total |
|
| Primary geographic markets(1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. and Canada |
|
$ |
364 |
|
|
$ |
132 |
|
|
$ |
82 |
|
|
$ |
(4 |
) |
|
$ |
574 |
|
| Europe |
|
|
255 |
|
|
|
57 |
|
|
|
96 |
|
|
|
(2 |
) |
|
|
406 |
|
| Asia Pacific |
|
|
276 |
|
|
|
65 |
|
|
|
68 |
|
|
|
— |
|
|
|
409 |
|
| Rest of world |
|
|
72 |
|
|
|
23 |
|
|
|
22 |
|
|
|
— |
|
|
|
117 |
|
| |
|
$ |
967 |
|
|
$ |
277 |
|
|
$ |
268 |
|
|
$ |
(6 |
) |
|
$ |
1,506 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Major product groupings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| MDI urethanes |
|
$ |
967 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
967 |
|
| Differentiated |
|
|
|
|
|
$ |
277 |
|
|
|
|
|
|
|
|
|
|
|
277 |
|
| Specialty |
|
|
|
|
|
|
|
|
|
$ |
256 |
|
|
|
|
|
|
|
256 |
|
| Other |
|
|
|
|
|
|
|
|
|
|
12 |
|
|
|
|
|
|
|
12 |
|
| Eliminations |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(6 |
) |
|
|
(6 |
) |
| |
|
$ |
967 |
|
|
$ |
277 |
|
|
$ |
268 |
|
|
$ |
(6 |
) |
|
$ |
1,506 |
|
| |
|
|
|
|
|
Performance |
|
|
Advanced |
|
|
Corporate and |
|
|
|
|
|
| 2022 |
|
Polyurethanes |
|
|
Products |
|
|
Materials |
|
|
eliminations |
|
|
Total |
|
| Primary geographic markets(1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. and Canada |
|
$ |
547 |
|
|
$ |
216 |
|
|
$ |
104 |
|
|
$ |
(3 |
) |
|
$ |
864 |
|
| Europe |
|
|
280 |
|
|
|
90 |
|
|
|
114 |
|
|
|
(3 |
) |
|
|
481 |
|
| Asia Pacific |
|
|
335 |
|
|
|
97 |
|
|
|
82 |
|
|
|
(1 |
) |
|
|
513 |
|
| Rest of world |
|
|
95 |
|
|
|
31 |
|
|
|
28 |
|
|
|
(1 |
) |
|
|
153 |
|
| |
|
$ |
1,257 |
|
|
$ |
434 |
|
|
$ |
328 |
|
|
$ |
(8 |
) |
|
$ |
2,011 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Major product groupings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| MDI urethanes |
|
$ |
1,257 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
1,257 |
|
| Differentiated |
|
|
|
|
|
$ |
434 |
|
|
|
|
|
|
|
|
|
|
|
434 |
|
| Specialty |
|
|
|
|
|
|
|
|
|
$ |
306 |
|
|
|
|
|
|
|
306 |
|
| Other |
|
|
|
|
|
|
|
|
|
|
22 |
|
|
|
|
|
|
|
22 |
|
| Eliminations |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(8 |
) |
|
|
(8 |
) |
| |
|
$ |
1,257 |
|
|
$ |
434 |
|
|
$ |
328 |
|
|
$ |
(8 |
) |
|
$ |
2,011 |
|
| (1) |
Geographic information for revenues is based upon countries into which product is sold. |
The following tables disaggregate our revenue from continuing operations by major source for the nine months ended September 30, 2023 and 2022 (dollars in millions):
| |
|
|
|
|
|
Performance |
|
|
Advanced |
|
|
Corporate and |
|
|
|
|
|
| 2023 |
|
Polyurethanes |
|
|
Products |
|
|
Materials |
|
|
eliminations |
|
|
Total |
|
| Primary geographic markets(1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. and Canada |
|
$ |
1,138 |
|
|
$ |
429 |
|
|
$ |
254 |
|
|
$ |
(9 |
) |
|
$ |
1,812 |
|
| Europe |
|
|
805 |
|
|
|
199 |
|
|
|
322 |
|
|
|
(11 |
) |
|
|
1,315 |
|
| Asia Pacific |
|
|
794 |
|
|
|
218 |
|
|
|
199 |
|
|
|
(1 |
) |
|
|
1,210 |
|
| Rest of world |
|
|
233 |
|
|
|
72 |
|
|
|
66 |
|
|
|
— |
|
|
|
371 |
|
| |
|
$ |
2,970 |
|
|
$ |
918 |
|
|
$ |
841 |
|
|
$ |
(21 |
) |
|
$ |
4,708 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Major product groupings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| MDI urethanes |
|
$ |
2,970 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
2,970 |
|
| Differentiated |
|
|
|
|
|
$ |
918 |
|
|
|
|
|
|
|
|
|
|
|
918 |
|
| Specialty |
|
|
|
|
|
|
|
|
|
$ |
791 |
|
|
|
|
|
|
|
791 |
|
| Other |
|
|
|
|
|
|
|
|
|
|
50 |
|
|
|
|
|
|
|
50 |
|
| Eliminations |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(21 |
) |
|
|
(21 |
) |
| |
|
$ |
2,970 |
|
|
$ |
918 |
|
|
$ |
841 |
|
|
$ |
(21 |
) |
|
$ |
4,708 |
|
| |
|
|
|
|
|
Performance |
|
|
Advanced |
|
|
Corporate and |
|
|
|
|
|
| 2022 |
|
Polyurethanes |
|
|
Products |
|
|
Materials |
|
|
eliminations |
|
|
Total |
|
| Primary geographic markets(1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. and Canada |
|
$ |
1,678 |
|
|
$ |
644 |
|
|
$ |
320 |
|
|
$ |
(10 |
) |
|
$ |
2,632 |
|
| Europe |
|
|
983 |
|
|
|
327 |
|
|
|
365 |
|
|
|
(11 |
) |
|
|
1,664 |
|
| Asia Pacific |
|
|
1,027 |
|
|
|
341 |
|
|
|
227 |
|
|
|
(4 |
) |
|
|
1,591 |
|
| Rest of world |
|
|
308 |
|
|
|
94 |
|
|
|
87 |
|
|
|
(3 |
) |
|
|
486 |
|
| |
|
$ |
3,996 |
|
|
$ |
1,406 |
|
|
$ |
999 |
|
|
$ |
(28 |
) |
|
$ |
6,373 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Major product groupings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| MDI urethanes |
|
$ |
3,996 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
3,996 |
|
| Differentiated |
|
|
|
|
|
$ |
1,406 |
|
|
|
|
|
|
|
|
|
|
|
1,406 |
|
| Specialty |
|
|
|
|
|
|
|
|
|
$ |
921 |
|
|
|
|
|
|
|
921 |
|
| Other |
|
|
|
|
|
|
|
|
|
|
78 |
|
|
|
|
|
|
|
78 |
|
| Eliminations |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(28 |
) |
|
|
(28 |
) |
| |
|
$ |
3,996 |
|
|
$ |
1,406 |
|
|
$ |
999 |
|
|
$ |
(28 |
) |
|
$ |
6,373 |
|
| (1) |
Geographic information for revenues is based upon countries into which product is sold. |
|