| Revenue from Contract with Customer [Text Block] |
11. REVENUE RECOGNITION
The following tables disaggregate our revenue from continuing operations by major source for the three months ended June 30, 2024 and 2023 (dollars in millions):
| |
|
|
|
|
|
Performance |
|
|
Advanced |
|
|
Corporate and |
|
|
|
|
|
| 2024 |
|
Polyurethanes |
|
|
Products |
|
|
Materials |
|
|
eliminations |
|
|
Total |
|
| Primary geographic markets(1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. and Canada |
|
$ |
394 |
|
|
$ |
136 |
|
|
$ |
79 |
|
|
$ |
(1 |
) |
|
$ |
608 |
|
| Europe |
|
|
249 |
|
|
|
60 |
|
|
|
105 |
|
|
|
(4 |
) |
|
|
410 |
|
| Asia Pacific |
|
|
277 |
|
|
|
77 |
|
|
|
74 |
|
|
|
— |
|
|
|
428 |
|
| Rest of world |
|
|
81 |
|
|
|
26 |
|
|
|
21 |
|
|
|
— |
|
|
|
128 |
|
| |
|
$ |
1,001 |
|
|
$ |
299 |
|
|
$ |
279 |
|
|
$ |
(5 |
) |
|
$ |
1,574 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Major product groupings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Diversified |
|
$ |
1,001 |
|
|
$ |
299 |
|
|
|
|
|
|
|
|
|
|
$ |
1,300 |
|
| Specialty |
|
|
|
|
|
|
|
|
|
$ |
268 |
|
|
|
|
|
|
|
268 |
|
| Other |
|
|
|
|
|
|
|
|
|
|
11 |
|
|
|
|
|
|
|
11 |
|
| Eliminations |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(5 |
) |
|
|
(5 |
) |
| |
|
$ |
1,001 |
|
|
$ |
299 |
|
|
$ |
279 |
|
|
$ |
(5 |
) |
|
$ |
1,574 |
|
| |
|
|
|
|
|
Performance |
|
|
Advanced |
|
|
Corporate and |
|
|
|
|
|
| 2023 |
|
Polyurethanes |
|
|
Products |
|
|
Materials |
|
|
eliminations |
|
|
Total |
|
| Primary geographic markets(1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. and Canada |
|
$ |
388 |
|
|
$ |
140 |
|
|
$ |
83 |
|
|
$ |
(2 |
) |
|
$ |
609 |
|
| Europe |
|
|
278 |
|
|
|
68 |
|
|
|
110 |
|
|
|
(5 |
) |
|
|
451 |
|
| Asia Pacific |
|
|
260 |
|
|
|
74 |
|
|
|
69 |
|
|
|
— |
|
|
|
403 |
|
| Rest of world |
|
|
86 |
|
|
|
25 |
|
|
|
22 |
|
|
|
— |
|
|
|
133 |
|
| |
|
$ |
1,012 |
|
|
$ |
307 |
|
|
$ |
284 |
|
|
$ |
(7 |
) |
|
$ |
1,596 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Major product groupings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Diversified |
|
$ |
1,012 |
|
|
$ |
307 |
|
|
|
|
|
|
|
|
|
|
$ |
1,319 |
|
| Specialty |
|
|
|
|
|
|
|
|
|
$ |
267 |
|
|
|
|
|
|
|
267 |
|
| Other |
|
|
|
|
|
|
|
|
|
|
17 |
|
|
|
|
|
|
|
17 |
|
| Eliminations |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(7 |
) |
|
|
(7 |
) |
| |
|
$ |
1,012 |
|
|
$ |
307 |
|
|
$ |
284 |
|
|
$ |
(7 |
) |
|
$ |
1,596 |
|
| (1) |
Geographic information for revenues is based upon countries into which product is sold. |
The following tables disaggregate our revenue from continuing operations by major source for the six months ended June 30, 2024 and 2023 (dollars in millions):
| |
|
|
|
|
|
Performance |
|
|
Advanced |
|
|
Corporate and |
|
|
|
|
|
| 2024 |
|
Polyurethanes |
|
|
Products |
|
|
Materials |
|
|
eliminations |
|
|
Total |
|
| Primary geographic markets(1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. and Canada |
|
$ |
764 |
|
|
$ |
273 |
|
|
$ |
152 |
|
|
$ |
(4 |
) |
|
$ |
1,185 |
|
| Europe |
|
|
489 |
|
|
|
121 |
|
|
|
212 |
|
|
|
(8 |
) |
|
|
814 |
|
| Asia Pacific |
|
|
520 |
|
|
|
148 |
|
|
|
136 |
|
|
|
(1 |
) |
|
|
803 |
|
| Rest of world |
|
|
154 |
|
|
|
48 |
|
|
|
40 |
|
|
|
— |
|
|
|
242 |
|
| |
|
$ |
1,927 |
|
|
$ |
590 |
|
|
$ |
540 |
|
|
$ |
(13 |
) |
|
$ |
3,044 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Major product groupings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Diversified |
|
$ |
1,927 |
|
|
$ |
590 |
|
|
|
|
|
|
|
|
|
|
|
2,517 |
|
| Specialty |
|
|
|
|
|
|
|
|
|
$ |
514 |
|
|
|
|
|
|
|
514 |
|
| Other |
|
|
|
|
|
|
|
|
|
|
26 |
|
|
|
|
|
|
|
26 |
|
| Eliminations |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(13 |
) |
|
|
(13 |
) |
| |
|
$ |
1,927 |
|
|
$ |
590 |
|
|
$ |
540 |
|
|
$ |
(13 |
) |
|
$ |
3,044 |
|
| |
|
|
|
|
|
Performance |
|
|
Advanced |
|
|
Corporate and |
|
|
|
|
|
| 2023 |
|
Polyurethanes |
|
|
Products |
|
|
Materials |
|
|
eliminations |
|
|
Total |
|
| Primary geographic markets(1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. and Canada |
|
$ |
774 |
|
|
$ |
297 |
|
|
$ |
172 |
|
|
$ |
(5 |
) |
|
$ |
1,238 |
|
| Europe |
|
|
550 |
|
|
|
142 |
|
|
|
226 |
|
|
|
(9 |
) |
|
|
909 |
|
| Asia Pacific |
|
|
518 |
|
|
|
153 |
|
|
|
131 |
|
|
|
(1 |
) |
|
|
801 |
|
| Rest of world |
|
|
161 |
|
|
|
49 |
|
|
|
44 |
|
|
|
— |
|
|
|
254 |
|
| |
|
$ |
2,003 |
|
|
$ |
641 |
|
|
$ |
573 |
|
|
$ |
(15 |
) |
|
$ |
3,202 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Major product groupings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Diversified |
|
$ |
2,003 |
|
|
$ |
641 |
|
|
|
|
|
|
|
|
|
|
|
2,644 |
|
| Specialty |
|
|
|
|
|
|
|
|
|
$ |
535 |
|
|
|
|
|
|
|
535 |
|
| Other |
|
|
|
|
|
|
|
|
|
|
38 |
|
|
|
|
|
|
|
38 |
|
| Eliminations |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(15 |
) |
|
|
(15 |
) |
| |
|
$ |
2,003 |
|
|
$ |
641 |
|
|
$ |
573 |
|
|
$ |
(15 |
) |
|
$ |
3,202 |
|
| (1) |
Geographic information for revenues is based upon countries into which product is sold. |
|