| Schedule of Segment Reporting Information, by Segment [Table Text Block] |
| |
|
Three months |
|
|
Six months |
|
| |
|
ended |
|
|
ended |
|
| |
|
June 30, |
|
|
June 30, |
|
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| Revenues: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Polyurethanes |
|
$ |
1,001 |
|
|
$ |
1,012 |
|
|
$ |
1,927 |
|
|
$ |
2,003 |
|
| Performance Products |
|
|
299 |
|
|
|
307 |
|
|
|
590 |
|
|
|
641 |
|
| Advanced Materials |
|
|
279 |
|
|
|
284 |
|
|
|
540 |
|
|
|
573 |
|
| Total reportable segments’ revenues |
|
|
1,579 |
|
|
|
1,603 |
|
|
|
3,057 |
|
|
|
3,217 |
|
| Intersegment eliminations |
|
|
(5 |
) |
|
|
(7 |
) |
|
|
(13 |
) |
|
|
(15 |
) |
| Total |
|
$ |
1,574 |
|
|
$ |
1,596 |
|
|
$ |
3,044 |
|
|
$ |
3,202 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Huntsman Corporation: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment adjusted EBITDA(1): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Polyurethanes |
|
$ |
80 |
|
|
$ |
88 |
|
|
$ |
119 |
|
|
$ |
154 |
|
| Performance Products |
|
|
46 |
|
|
|
55 |
|
|
|
88 |
|
|
|
126 |
|
| Advanced Materials |
|
|
52 |
|
|
|
51 |
|
|
|
95 |
|
|
|
99 |
|
| Total reportable segments’ adjusted EBITDA |
|
|
178 |
|
|
|
194 |
|
|
|
302 |
|
|
|
379 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reconciliation of total reportable segments’ adjusted EBITDA to income from continuing operations before income taxes: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense, net—continuing operations |
|
|
(20 |
) |
|
|
(15 |
) |
|
|
(39 |
) |
|
|
(33 |
) |
| Depreciation and amortization—continuing operations |
|
|
(75 |
) |
|
|
(70 |
) |
|
|
(144 |
) |
|
|
(139 |
) |
| Corporate and other costs, net(2) |
|
|
(47 |
) |
|
|
(38 |
) |
|
|
(90 |
) |
|
|
(87 |
) |
| Net income attributable to noncontrolling interests |
|
|
16 |
|
|
|
12 |
|
|
|
30 |
|
|
|
25 |
|
| Other adjustments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Business acquisition and integration expenses and purchase accounting inventory adjustments, net |
|
|
(1 |
) |
|
|
(2 |
) |
|
|
(21 |
) |
|
|
(3 |
) |
| Fair value adjustments to Venator investment, net and other tax matter adjustments |
|
|
7 |
|
|
|
(4 |
) |
|
|
7 |
|
|
|
(5 |
) |
| Certain legal and other settlements and related expenses |
|
|
(1 |
) |
|
|
(1 |
) |
|
|
(2 |
) |
|
|
(2 |
) |
| Gain on sale of business/assets |
|
|
— |
|
|
|
1 |
|
|
|
— |
|
|
|
1 |
|
| Certain nonrecurring information technology project implementation costs |
|
|
— |
|
|
|
(1 |
) |
|
|
— |
|
|
|
(3 |
) |
| Amortization of pension and postretirement actuarial losses |
|
|
(8 |
) |
|
|
(7 |
) |
|
|
(16 |
) |
|
|
(15 |
) |
| Restructuring, impairment and plant closing and transition costs(3) |
|
|
(5 |
) |
|
|
(8 |
) |
|
|
(19 |
) |
|
|
(2 |
) |
| Income from continuing operations before income taxes |
|
|
44 |
|
|
|
61 |
|
|
|
8 |
|
|
|
116 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income tax (expense) benefit—continuing operations |
|
|
(13 |
) |
|
|
(28 |
) |
|
|
7 |
|
|
|
(39 |
) |
| Income (loss) from discontinued operations, net of tax |
|
|
7 |
|
|
|
(2 |
) |
|
|
— |
|
|
|
120 |
|
| Net income |
|
$ |
38 |
|
|
$ |
31 |
|
|
$ |
15 |
|
|
$ |
197 |
|
| |
|
Three months |
|
|
Six months |
|
| |
|
ended |
|
|
ended |
|
| |
|
June 30, |
|
|
June 30, |
|
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| Huntsman International: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment adjusted EBITDA(1): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Polyurethanes |
|
$ |
80 |
|
|
$ |
88 |
|
|
$ |
119 |
|
|
$ |
154 |
|
| Performance Products |
|
|
46 |
|
|
|
55 |
|
|
|
88 |
|
|
|
126 |
|
| Advanced Materials |
|
|
52 |
|
|
|
51 |
|
|
|
95 |
|
|
|
99 |
|
| Total reportable segments’ adjusted EBITDA |
|
|
178 |
|
|
|
194 |
|
|
|
302 |
|
|
|
379 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reconciliation of total reportable segments’ adjusted EBITDA to income from continuing operations before income taxes: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense, net—continuing operations |
|
|
(20 |
) |
|
|
(15 |
) |
|
|
(39 |
) |
|
|
(33 |
) |
| Depreciation and amortization—continuing operations |
|
|
(75 |
) |
|
|
(70 |
) |
|
|
(144 |
) |
|
|
(139 |
) |
| Corporate and other costs, net(2) |
|
|
(47 |
) |
|
|
(38 |
) |
|
|
(88 |
) |
|
|
(85 |
) |
| Net income attributable to noncontrolling interests |
|
|
16 |
|
|
|
12 |
|
|
|
30 |
|
|
|
25 |
|
| Other adjustments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Business acquisition and integration expenses and purchase accounting inventory adjustments, net |
|
|
(1 |
) |
|
|
(2 |
) |
|
|
(21 |
) |
|
|
(3 |
) |
| Fair value adjustments to Venator investment, net and other tax matter adjustments |
|
|
7 |
|
|
|
(4 |
) |
|
|
7 |
|
|
|
(5 |
) |
| Certain legal and other settlements and related expenses |
|
|
(1 |
) |
|
|
(1 |
) |
|
|
(2 |
) |
|
|
(2 |
) |
| Gain on sale of business/assets |
|
|
— |
|
|
|
1 |
|
|
|
— |
|
|
|
1 |
|
| Certain nonrecurring information technology project implementation costs |
|
|
— |
|
|
|
(1 |
) |
|
|
— |
|
|
|
(3 |
) |
| Amortization of pension and postretirement actuarial losses |
|
|
(8 |
) |
|
|
(7 |
) |
|
|
(16 |
) |
|
|
(15 |
) |
| Restructuring, impairment and plant closing and transition costs(3) |
|
|
(5 |
) |
|
|
(8 |
) |
|
|
(19 |
) |
|
|
(2 |
) |
| Income from continuing operations before income taxes |
|
|
44 |
|
|
|
61 |
|
|
|
10 |
|
|
|
118 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income tax (expense) benefit—continuing operations |
|
|
(13 |
) |
|
|
(28 |
) |
|
|
7 |
|
|
|
(39 |
) |
| Income (loss) from discontinued operations, net of tax |
|
|
7 |
|
|
|
(2 |
) |
|
|
— |
|
|
|
120 |
|
| Net income |
|
$ |
38 |
|
|
$ |
31 |
|
|
$ |
17 |
|
|
$ |
199 |
|
|