Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Restructuring, Impairment and Plant Closing Costs (Tables)

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Note 7 - Restructuring, Impairment and Plant Closing Costs (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
   

Workforce reductions

   

Other restructuring costs

   

Total

 

Accrued liabilities as of January 1, 2024

  $ 27     $     $ 27  

Charges

    5       3       8  

Payments

    (21 )     (3 )     (24 )

Accrued liabilities as of June 30, 2024

  $ 11     $     $ 11  
Schedule of Restructuring Reserve By Type of Cost and Segment [Table Text Block]
           

Performance

   

Advanced

   

Corporate

         
   

Polyurethanes

   

Products

   

Materials

   

and other

   

Total

 

Accrued liabilities as of January 1, 2024

  $ 8     $ 7     $ 4     $ 8     $ 27  

Charges

    3             5             8  

Payments

    (10 )     (4 )     (5 )     (5 )     (24 )

Accrued liabilities as of June 30, 2024

  $ 1     $ 3     $ 4     $ 3     $ 11  
                                         

Current portion of restructuring reserves

  $ 1     $ 3     $ 1     $ 3     $ 8  

Long-term portion of restructuring reserves

                3             3  
Schedule of Cash and Noncash Restructuring Charges By Type of Initiative [Table Text Block]
   

Three months

   

Six months

 
   

ended

   

ended

 
   

June 30,

   

June 30,

 
   

2024

   

2023

   

2024

   

2023

 

Cash charges

  $     $ 7     $ 8     $  

Noncash charges:

                               

Accelerated depreciation

    3             6        

Other noncash charges

    1       1       1       1  

Total restructuring, impairment and plant closing costs

  $ 4     $ 8     $ 15     $ 1