Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|
|
Three months |
|
|
Nine months |
|
|
|
ended |
|
|
ended |
|
|
|
September 30, |
|
|
September 30, |
|
|
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
Revenues: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Polyurethanes |
|
$ |
967 |
|
|
$ |
1,257 |
|
|
$ |
2,970 |
|
|
$ |
3,996 |
|
Performance Products |
|
|
277 |
|
|
|
434 |
|
|
|
918 |
|
|
|
1,406 |
|
Advanced Materials |
|
|
268 |
|
|
|
328 |
|
|
|
841 |
|
|
|
999 |
|
Total reportable segments’ revenues |
|
|
1,512 |
|
|
|
2,019 |
|
|
|
4,729 |
|
|
|
6,401 |
|
Intersegment eliminations |
|
|
(6 |
) |
|
|
(8 |
) |
|
|
(21 |
) |
|
|
(28 |
) |
Total |
|
$ |
1,506 |
|
|
$ |
2,011 |
|
|
$ |
4,708 |
|
|
$ |
6,373 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Huntsman Corporation: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment adjusted EBITDA(1): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Polyurethanes |
|
$ |
81 |
|
|
$ |
138 |
|
|
$ |
235 |
|
|
$ |
591 |
|
Performance Products |
|
|
47 |
|
|
|
110 |
|
|
|
173 |
|
|
|
408 |
|
Advanced Materials |
|
|
49 |
|
|
|
58 |
|
|
|
148 |
|
|
|
192 |
|
Total reportable segments’ adjusted EBITDA |
|
|
177 |
|
|
|
306 |
|
|
|
556 |
|
|
|
1,191 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reconciliation of total reportable segments’ adjusted EBITDA to income from continuing operations before income taxes: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense, net—continuing operations |
|
|
(15 |
) |
|
|
(16 |
) |
|
|
(48 |
) |
|
|
(46 |
) |
Depreciation and amortization—continuing operations |
|
|
(69 |
) |
|
|
(72 |
) |
|
|
(208 |
) |
|
|
(207 |
) |
Corporate and other costs, net(2) |
|
|
(41 |
) |
|
|
(35 |
) |
|
|
(128 |
) |
|
|
(123 |
) |
Net income attributable to noncontrolling interests |
|
|
15 |
|
|
|
15 |
|
|
|
40 |
|
|
|
46 |
|
Other adjustments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Business acquisition and integration expenses and purchase accounting inventory adjustments |
|
|
— |
|
|
|
(1 |
) |
|
|
(3 |
) |
|
|
(11 |
) |
Fair value adjustments to Venator investment, net |
|
|
— |
|
|
|
(7 |
) |
|
|
(5 |
) |
|
|
(9 |
) |
Certain legal and other settlements and related expenses |
|
|
(2 |
) |
|
|
(1 |
) |
|
|
(4 |
) |
|
|
(15 |
) |
Costs associated with the Albemarle Settlement, net |
|
|
— |
|
|
|
(1 |
) |
|
|
— |
|
|
|
(3 |
) |
Gain (loss) on sale of business/assets |
|
|
— |
|
|
|
(16 |
) |
|
|
1 |
|
|
|
(27 |
) |
Income from transition services arrangements |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
2 |
|
Certain nonrecurring information technology project implementation costs |
|
|
(2 |
) |
|
|
(1 |
) |
|
|
(5 |
) |
|
|
(4 |
) |
Amortization of pension and postretirement actuarial losses |
|
|
(10 |
) |
|
|
(10 |
) |
|
|
(25 |
) |
|
|
(32 |
) |
Plant incident remediation (costs) credits |
|
|
— |
|
|
|
(1 |
) |
|
|
— |
|
|
|
4 |
|
Restructuring, impairment and plant closing and transition costs(3) |
|
|
(11 |
) |
|
|
(14 |
) |
|
|
(13 |
) |
|
|
(44 |
) |
Income from continuing operations before income taxes |
|
|
42 |
|
|
|
146 |
|
|
|
158 |
|
|
|
722 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense—continuing operations |
|
|
(27 |
) |
|
|
(30 |
) |
|
|
(66 |
) |
|
|
(155 |
) |
(Loss) income from discontinued operations, net of tax |
|
|
— |
|
|
|
(1 |
) |
|
|
120 |
|
|
|
30 |
|
Net income |
|
$ |
15 |
|
|
$ |
115 |
|
|
$ |
212 |
|
|
$ |
597 |
|
|
|
Three months |
|
|
Nine months |
|
|
|
ended |
|
|
ended |
|
|
|
September 30, |
|
|
September 30, |
|
|
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
Huntsman International: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment adjusted EBITDA(1): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Polyurethanes |
|
$ |
81 |
|
|
$ |
138 |
|
|
$ |
235 |
|
|
$ |
591 |
|
Performance Products |
|
|
47 |
|
|
|
110 |
|
|
|
173 |
|
|
|
408 |
|
Advanced Materials |
|
|
49 |
|
|
|
58 |
|
|
|
148 |
|
|
|
192 |
|
Total reportable segments’ adjusted EBITDA |
|
|
177 |
|
|
|
306 |
|
|
|
556 |
|
|
|
1,191 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reconciliation of total reportable segments’ adjusted EBITDA to income from continuing operations before income taxes: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense, net—continuing operations |
|
|
(15 |
) |
|
|
(16 |
) |
|
|
(48 |
) |
|
|
(46 |
) |
Depreciation and amortization—continuing operations |
|
|
(69 |
) |
|
|
(72 |
) |
|
|
(208 |
) |
|
|
(207 |
) |
Corporate and other costs, net(2) |
|
|
(40 |
) |
|
|
(36 |
) |
|
|
(125 |
) |
|
|
(119 |
) |
Net income attributable to noncontrolling interests |
|
|
15 |
|
|
|
15 |
|
|
|
40 |
|
|
|
46 |
|
Other adjustments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Business acquisition and integration expenses and purchase accounting inventory adjustments |
|
|
— |
|
|
|
(1 |
) |
|
|
(3 |
) |
|
|
(11 |
) |
Fair value adjustments to Venator investment, net |
|
|
— |
|
|
|
(7 |
) |
|
|
(5 |
) |
|
|
(9 |
) |
Certain legal and other settlements and related expenses |
|
|
(2 |
) |
|
|
(1 |
) |
|
|
(4 |
) |
|
|
(15 |
) |
Costs associated with the Albemarle Settlement, net |
|
|
— |
|
|
|
(1 |
) |
|
|
— |
|
|
|
(3 |
) |
Gain (loss) on sale of business/assets |
|
|
— |
|
|
|
(16 |
) |
|
|
1 |
|
|
|
(27 |
) |
Income from transition services arrangements |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
2 |
|
Certain nonrecurring information technology project implementation costs |
|
|
(2 |
) |
|
|
(1 |
) |
|
|
(5 |
) |
|
|
(4 |
) |
Amortization of pension and postretirement actuarial losses |
|
|
(10 |
) |
|
|
(10 |
) |
|
|
(25 |
) |
|
|
(32 |
) |
Plant incident remediation (costs) credits |
|
|
— |
|
|
|
(1 |
) |
|
|
— |
|
|
|
4 |
|
Restructuring, impairment and plant closing and transition costs(3) |
|
|
(11 |
) |
|
|
(14 |
) |
|
|
(13 |
) |
|
|
(44 |
) |
Income from continuing operations before income taxes |
|
|
43 |
|
|
|
145 |
|
|
|
161 |
|
|
|
726 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense—continuing operations |
|
|
(27 |
) |
|
|
(30 |
) |
|
|
(66 |
) |
|
|
(156 |
) |
(Loss) income from discontinued operations, net of tax |
|
|
— |
|
|
|
(1 |
) |
|
|
120 |
|
|
|
30 |
|
Net income |
|
$ |
16 |
|
|
$ |
114 |
|
|
$ |
215 |
|
|
$ |
600 |
|
|