Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets (Parentheticals)

v3.24.0.1
Consolidated Balance Sheets (Parentheticals) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Cash and cash equivalents [1] $ 540 $ 654
Accounts and notes receivable, allowance for doubtful accounts 13 14
Accounts and notes receivable [1] 747 813
Inventories [1] 867 995
Property, plant and equipment, net [1],[2] 2,376 2,377
Other noncurrent assets [1] 611 686
Accrued liabilities [1] 395 429
Current portion of debt [1] 12 66
Current operating lease liabilities [1] 46 51
Long-term debt [1] 1,676 1,671
Noncurrent operating lease liabilities [1] 334 336
Other noncurrent liabilities [1] $ 345 $ 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) 262,190,459 261,148,217
Common stock, shares outstanding (in shares) 171,583,331 183,634,464
Treasury stock, shares (in shares) 90,607,128 77,513,753
Accounts and notes receivable [1] $ 747 $ 813
Asset Pledged as Collateral [Member]    
Accounts and notes receivable 224 272
Accounts and notes receivable 224 272
Huntsman International LLC [Member]    
Cash and cash equivalents [1] 540 654
Accounts and notes receivable, allowance for doubtful accounts 13 14
Accounts and notes receivable [1] 747 813
Inventories [1] 867 995
Property, plant and equipment, net [1] 2,376 2,377
Other noncurrent assets [1] 611 686
Accrued liabilities [1] 390 427
Current portion of debt [1] 12 66
Current operating lease liabilities [1] 46 51
Long-term debt [1] 1,676 1,671
Noncurrent operating lease liabilities [1] 334 336
Other noncurrent liabilities [1] 339 414
Accounts and notes receivable [1] $ 747 $ 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 $ 224 $ 272
Accounts and notes receivable 224 272
Variable Interest Entity, Primary Beneficiary [Member]    
Cash and cash equivalents 2 5
Accounts and notes receivable 16 4
Inventories 48 59
Property, plant and equipment, net 150 149
Other noncurrent assets 32 29
Accounts payable 84 114
Accrued liabilities 20 12
Current portion of debt 9 9
Current operating lease liabilities 8 9
Long-term debt 17 26
Noncurrent operating lease liabilities 21 19
Other noncurrent liabilities 15 25
Accounts and notes receivable 16 4
Variable Interest Entity, Primary Beneficiary [Member] | Huntsman International LLC [Member]    
Cash and cash equivalents 2 5
Accounts and notes receivable 16 4
Inventories 48 59
Property, plant and equipment, net 150 149
Other noncurrent assets 32 29
Accounts payable 84 114
Accrued liabilities 20 12
Current portion of debt 9 9
Current operating lease liabilities 8 9
Long-term debt 17 26
Noncurrent operating lease liabilities 21 19
Other noncurrent liabilities 15 25
Accounts and notes receivable $ 16 $ 4
[1] At December 31, 2023 and December 31, 2022, respectively, $2 and $5 of cash and cash equivalents, $16 and $4 of accounts and notes receivable (net), $48 and $59 of inventories, $150 and $149 of property, plant and equipment (net), $32 and $29 of other noncurrent assets, $84 and $114 of accounts payable, $20 and $12 of accrued liabilities, $9 each of current portion of debt, $8 and $9 of current operating lease liabilities, $17 and $26 of long-term debt, $21 and $19 of noncurrent operating lease and $15 and $25 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheets captions above. See “Note 8. 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.
[2] Long-lived assets consist of property, plant and equipment, net.