Quarterly report pursuant to Section 13 or 15(d)

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

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Note 6 - Restructuring, Impairment and Plant Closing Costs (Tables)
9 Months Ended
Sep. 30, 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

    (8 )     8        

Payments

    (40 )     (8 )     (48 )

Accrued liabilities as of September 30, 2023

  $ 28     $     $ 28  
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

    (1 )     3       5       (7 )      

Payments

    (14 )     (3 )     (10 )     (21 )     (48 )

Accrued liabilities as of September 30, 2023

  $ 9     $ 5     $ 5     $ 9     $ 28  
                                         

Current portion of restructuring reserves

  $ 9     $ 5     $ 4     $ 9     $ 27  

Long-term portion of restructuring reserves

                1             1  
Schedule of Cash and Noncash Restructuring Charges By Type of Initiative [Table Text Block]
   

Three months

   

Nine months

 
   

ended

   

ended

 
   

September 30,

   

September 30,

 
   

2023

   

2022

   

2023

   

2022

 

Cash charges

  $     $ 13     $     $ 37  

Noncash charges:

                               

Accelerated depreciation

    5             6        

Gain on sale of assets

          (2 )             (2 )

Other noncash charges

    1       1       1       1  

Total restructuring, impairment and plant closing costs

  $ 6     $ 12     $ 7     $ 36