Huntsman Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 6 - Property, Plant and Equipment

Note 6 - Property, Plant and Equipment

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

6. PROPERTY, PLANT AND EQUIPMENT

The cost and accumulated depreciation of property, plant and equipment were as follows (dollars in millions):

Huntsman Corporation

	*December 31,*
	*2023*			*2022*
Land	$	99		$	94
Buildings		586			570
Plant and equipment		5,238			5,092
Construction in progress		362			274
Total		6,285			6,030
Less accumulated depreciation		(3,909	)		(3,653	)
Net	$	2,376		$	2,377

Huntsman International

	*December 31,*
	*2023*			*2022*
Land	$	99		$	94
Buildings		586			570
Plant and equipment		5,326			5,180
Construction in progress		362			274
Total		6,373			6,118
Less accumulated depreciation		(3,997	)		(3,741	)
Net	$	2,376		$	2,377

Depreciation expense from continuing operations for Huntsman Corporation and Huntsman International for 2023, 2022 and 2021 was $231 million, $233 million and $231 million, respectively.