Note 26 - Operating Segment Information - Financial Information By Segment (Details) - USD ($) $ in Millions |
12 Months Ended | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Revenues | [1] | $ 6,111 | $ 8,023 | $ 7,670 | |||||||||||
Segment adjusted EBITDA | [2] | 635 | 1,330 | 1,442 | |||||||||||
Interest expense, net—continuing operations | (65) | (62) | (67) | ||||||||||||
Depreciation and amortization—continuing operations | (278) | (281) | (278) | ||||||||||||
Corporate and other costs, net(2) | [3] | (163) | (175) | (196) | |||||||||||
Net income attributable to noncontrolling interests | 52 | 63 | 59 | ||||||||||||
Business acquisition and integration expenses and purchase accounting inventory adjustments | (4) | (12) | (22) | ||||||||||||
Fair value adjustments to Venator investment, net | (5) | (12) | (28) | ||||||||||||
Gain (Loss) on Extinguishment of Debt, Total | 0 | 0 | (27) | ||||||||||||
Certain legal and other settlements and related expenses | (6) | (7) | (13) | ||||||||||||
(Costs) income associated with the Albemarle Settlement, net | 0 | (3) | 465 | ||||||||||||
Gain on sale of businesses/assets | 0 | 0 | 30 | ||||||||||||
Income from transition services arrangements | 0 | 2 | 8 | ||||||||||||
Certain nonrecurring information technology project implementation costs | (5) | (5) | (8) | ||||||||||||
Amortization of pension and postretirement actuarial losses | (37) | (49) | (74) | ||||||||||||
Plant incident remediation credits | 0 | 4 | 0 | ||||||||||||
Restructuring, impairment and plant closing and transition costs(3) | [4] | (25) | (96) | (45) | |||||||||||
Income from continuing operations before income taxes | 99 | 697 | 1,246 | ||||||||||||
Income tax expense—continuing operations | (64) | (186) | (191) | ||||||||||||
Income from discontinued operations, net of tax | 118 | 12 | 49 | ||||||||||||
Net income | 153 | 523 | 1,104 | ||||||||||||
Depreciation and amortization - continuing operations | 278 | 281 | 278 | ||||||||||||
Capital expenditures | 230 | 272 | 326 | ||||||||||||
Total assets | 7,248 | 7,748 | |||||||||||||
Goodwill | 644 | 641 | |||||||||||||
Corporate and other costs, net(2) | [3] | 163 | 175 | 196 | |||||||||||
Fair value adjustments to Venator investment, net | (5) | (12) | (28) | ||||||||||||
Loss on early extinguishment of debt | 0 | 0 | (27) | ||||||||||||
Gain on sale of businesses/assets | 0 | 0 | 30 | ||||||||||||
Plant incident remediation credits | 0 | (4) | 0 | ||||||||||||
Huntsman International LLC [Member] | |||||||||||||||
Revenues | 6,111 | 8,023 | 7,670 | ||||||||||||
Interest expense, net—continuing operations | (65) | (62) | (67) | ||||||||||||
Depreciation and amortization—continuing operations | (278) | (281) | (278) | ||||||||||||
Corporate and other costs, net(2) | [5] | 160 | 172 | 190 | |||||||||||
Net income attributable to noncontrolling interests | 52 | 63 | 59 | ||||||||||||
Business acquisition and integration expenses and purchase accounting inventory adjustments | (4) | (12) | (22) | ||||||||||||
Fair value adjustments to Venator investment, net | (5) | (12) | (28) | ||||||||||||
Gain (Loss) on Extinguishment of Debt, Total | 0 | 0 | (27) | ||||||||||||
Certain legal and other settlements and related expenses | (6) | (7) | (13) | ||||||||||||
(Costs) income associated with the Albemarle Settlement, net | 0 | (3) | 465 | ||||||||||||
Gain on sale of businesses/assets | 0 | 0 | 30 | ||||||||||||
Income from transition services arrangements | 0 | 2 | 8 | ||||||||||||
Certain nonrecurring information technology project implementation costs | (5) | (5) | (8) | ||||||||||||
Amortization of pension and postretirement actuarial losses | (37) | (49) | (76) | ||||||||||||
Plant incident remediation credits | (0) | (4) | (0) | ||||||||||||
Income from continuing operations before income taxes | 102 | 700 | 1,250 | ||||||||||||
Income tax expense—continuing operations | (65) | (188) | (192) | ||||||||||||
Income from discontinued operations, net of tax | 118 | 12 | 49 | ||||||||||||
Net income | 155 | 524 | 1,107 | ||||||||||||
Depreciation and amortization - continuing operations | 278 | 281 | 278 | ||||||||||||
Capital expenditures | 230 | 272 | 326 | ||||||||||||
Total assets | 7,253 | 7,754 | |||||||||||||
Goodwill | 644 | 641 | |||||||||||||
Corporate and other costs, net(2) | [5] | (160) | (172) | (190) | |||||||||||
Fair value adjustments to Venator investment, net | (5) | (12) | (28) | ||||||||||||
Loss on early extinguishment of debt | 0 | 0 | (27) | ||||||||||||
Gain on sale of businesses/assets | 0 | 0 | 30 | ||||||||||||
Plant incident remediation credits | 0 | 4 | 0 | ||||||||||||
Restructuring, impairment and plant closing and transition costs(3) | (25) | (96) | (45) | ||||||||||||
Operating Segments [Member] | |||||||||||||||
Revenues | 6,135 | 8,057 | 7,702 | ||||||||||||
Depreciation and amortization—continuing operations | (266) | (265) | (265) | ||||||||||||
Depreciation and amortization - continuing operations | 266 | 265 | 265 | ||||||||||||
Capital expenditures | 223 | 260 | 310 | ||||||||||||
Total assets | 6,574 | 6,687 | |||||||||||||
Operating Segments [Member] | Huntsman International LLC [Member] | |||||||||||||||
Segment adjusted EBITDA | [6] | 635 | 1,330 | 1,442 | |||||||||||
Depreciation and amortization—continuing operations | (266) | (265) | (265) | ||||||||||||
Depreciation and amortization - continuing operations | 266 | 265 | 265 | ||||||||||||
Capital expenditures | 223 | 260 | 310 | ||||||||||||
Total assets | 6,574 | 6,687 | |||||||||||||
Consolidation, Eliminations [Member] | |||||||||||||||
Revenues | (24) | (34) | (32) | ||||||||||||
Corporate and Reconciling Items [Member] | |||||||||||||||
Revenues | [1] | (24) | (34) | (32) | |||||||||||
Depreciation and amortization—continuing operations | (12) | (16) | (13) | ||||||||||||
Depreciation and amortization - continuing operations | 12 | 16 | 13 | ||||||||||||
Capital expenditures | 7 | 12 | 16 | ||||||||||||
Total assets | 674 | 1,061 | |||||||||||||
Corporate and Reconciling Items [Member] | Huntsman International LLC [Member] | |||||||||||||||
Depreciation and amortization—continuing operations | (12) | (16) | (13) | ||||||||||||
Depreciation and amortization - continuing operations | 12 | 16 | 13 | ||||||||||||
Capital expenditures | 7 | 12 | 16 | ||||||||||||
Total assets | 679 | 1,067 | |||||||||||||
Polyurethanes [Member] | Operating Segments [Member] | |||||||||||||||
Revenues | [1] | 3,865 | 5,067 | 5,019 | |||||||||||
Segment adjusted EBITDA | [2] | 248 | 628 | 879 | |||||||||||
Depreciation and amortization—continuing operations | (141) | (136) | (131) | ||||||||||||
Depreciation and amortization - continuing operations | 141 | 136 | 131 | ||||||||||||
Capital expenditures | 98 | 142 | 243 | ||||||||||||
Total assets | 4,261 | 4,286 | |||||||||||||
Goodwill | 338 | 336 | |||||||||||||
Polyurethanes [Member] | Operating Segments [Member] | Huntsman International LLC [Member] | |||||||||||||||
Segment adjusted EBITDA | [6] | 248 | 628 | 879 | |||||||||||
Depreciation and amortization—continuing operations | (141) | (136) | (131) | ||||||||||||
Depreciation and amortization - continuing operations | 141 | 136 | 131 | ||||||||||||
Capital expenditures | 98 | 142 | 243 | ||||||||||||
Total assets | 4,261 | 4,286 | |||||||||||||
Goodwill | 338 | 336 | |||||||||||||
Performance Products [Member] | Operating Segments [Member] | |||||||||||||||
Revenues | [1] | 1,178 | 1,713 | 1,485 | |||||||||||
Segment adjusted EBITDA | [2] | 201 | 469 | 359 | |||||||||||
Depreciation and amortization—continuing operations | (72) | (72) | (74) | ||||||||||||
Depreciation and amortization - continuing operations | 72 | 72 | 74 | ||||||||||||
Capital expenditures | 100 | 92 | 42 | ||||||||||||
Total assets | 1,170 | 1,155 | |||||||||||||
Goodwill | 16 | 15 | |||||||||||||
Performance Products [Member] | Operating Segments [Member] | Huntsman International LLC [Member] | |||||||||||||||
Segment adjusted EBITDA | [6] | 201 | 469 | 359 | |||||||||||
Depreciation and amortization—continuing operations | (72) | (72) | (74) | ||||||||||||
Depreciation and amortization - continuing operations | 72 | 72 | 74 | ||||||||||||
Capital expenditures | 100 | 92 | 42 | ||||||||||||
Total assets | 1,170 | 1,155 | |||||||||||||
Goodwill | 16 | 15 | |||||||||||||
Advanced Materials [Member] | Operating Segments [Member] | |||||||||||||||
Revenues | [1] | 1,092 | 1,277 | 1,198 | |||||||||||
Segment adjusted EBITDA | [2] | 186 | 233 | 204 | |||||||||||
Depreciation and amortization—continuing operations | (53) | (57) | (60) | ||||||||||||
Depreciation and amortization - continuing operations | 53 | 57 | 60 | ||||||||||||
Capital expenditures | 25 | 26 | 25 | ||||||||||||
Total assets | 1,143 | 1,246 | |||||||||||||
Goodwill | 290 | 290 | |||||||||||||
Advanced Materials [Member] | Operating Segments [Member] | Huntsman International LLC [Member] | |||||||||||||||
Segment adjusted EBITDA | [6] | 186 | 233 | 204 | |||||||||||
Depreciation and amortization—continuing operations | (53) | (57) | (60) | ||||||||||||
Depreciation and amortization - continuing operations | 53 | 57 | 60 | ||||||||||||
Capital expenditures | 25 | 26 | $ 25 | ||||||||||||
Total assets | 1,143 | 1,246 | |||||||||||||
Goodwill | $ 290 | $ 290 | |||||||||||||
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