| Schedule of Segment Reporting Information, by Segment [Table Text Block] |
| |
|
Three months |
|
|
Nine months |
|
| |
|
ended |
|
|
ended |
|
| |
|
September 30, |
|
|
September 30, |
|
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| Revenues: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Polyurethanes |
|
$ |
1,003 |
|
|
$ |
967 |
|
|
$ |
2,930 |
|
|
$ |
2,970 |
|
| Performance Products |
|
|
280 |
|
|
|
277 |
|
|
|
870 |
|
|
|
918 |
|
| Advanced Materials |
|
|
261 |
|
|
|
268 |
|
|
|
801 |
|
|
|
841 |
|
| Total reportable segments’ revenues |
|
|
1,544 |
|
|
|
1,512 |
|
|
|
4,601 |
|
|
|
4,729 |
|
| Intersegment eliminations |
|
|
(4 |
) |
|
|
(6 |
) |
|
|
(17 |
) |
|
|
(21 |
) |
| Total |
|
$ |
1,540 |
|
|
$ |
1,506 |
|
|
$ |
4,584 |
|
|
$ |
4,708 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Huntsman Corporation: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment adjusted EBITDA(1): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Polyurethanes |
|
$ |
76 |
|
|
$ |
81 |
|
|
$ |
195 |
|
|
$ |
235 |
|
| Performance Products |
|
|
42 |
|
|
|
47 |
|
|
|
130 |
|
|
|
173 |
|
| Advanced Materials |
|
|
47 |
|
|
|
49 |
|
|
|
142 |
|
|
|
148 |
|
| Total reportable segments’ adjusted EBITDA |
|
|
165 |
|
|
|
177 |
|
|
|
467 |
|
|
|
556 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reconciliation of total reportable segments’ adjusted EBITDA to income from continuing operations before income taxes: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense, net—continuing operations |
|
|
(21 |
) |
|
|
(15 |
) |
|
|
(60 |
) |
|
|
(48 |
) |
| Depreciation and amortization—continuing operations |
|
|
(70 |
) |
|
|
(69 |
) |
|
|
(214 |
) |
|
|
(208 |
) |
| Corporate and other costs, net(2) |
|
|
(34 |
) |
|
|
(41 |
) |
|
|
(124 |
) |
|
|
(128 |
) |
| Net income attributable to noncontrolling interests |
|
|
16 |
|
|
|
15 |
|
|
|
46 |
|
|
|
40 |
|
| Other adjustments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Business acquisition and integration expenses and purchase accounting inventory adjustments, net |
|
|
— |
|
|
|
— |
|
|
|
(21 |
) |
|
|
(3 |
) |
| Fair value adjustments to Venator investment, net and other tax matter adjustments |
|
|
5 |
|
|
|
— |
|
|
|
12 |
|
|
|
(5 |
) |
| Certain legal and other settlements and related expenses(3) |
|
|
(11 |
) |
|
|
(2 |
) |
|
|
(13 |
) |
|
|
(4 |
) |
| (Loss) gain on sale of business/assets |
|
|
(1 |
) |
|
|
— |
|
|
|
(1 |
) |
|
|
1 |
|
| Certain nonrecurring information technology project implementation costs |
|
|
— |
|
|
|
(2 |
) |
|
|
— |
|
|
|
(5 |
) |
| Amortization of pension and postretirement actuarial losses |
|
|
(9 |
) |
|
|
(10 |
) |
|
|
(25 |
) |
|
|
(25 |
) |
| Restructuring, impairment and plant closing and transition costs(4) |
|
|
(6 |
) |
|
|
(11 |
) |
|
|
(25 |
) |
|
|
(13 |
) |
| Income from continuing operations before income taxes |
|
|
34 |
|
|
|
42 |
|
|
|
42 |
|
|
|
158 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income tax expense—continuing operations |
|
|
(39 |
) |
|
|
(27 |
) |
|
|
(32 |
) |
|
|
(66 |
) |
| (Loss) income from discontinued operations, net of tax |
|
|
(12 |
) |
|
|
— |
|
|
|
(12 |
) |
|
|
120 |
|
| Net (loss) income |
|
$ |
(17 |
) |
|
$ |
15 |
|
|
$ |
(2 |
) |
|
$ |
212 |
|
| |
|
Three months |
|
|
Nine months |
|
| |
|
ended |
|
|
ended |
|
| |
|
September 30, |
|
|
September 30, |
|
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| Huntsman International: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment adjusted EBITDA(1): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Polyurethanes |
|
$ |
76 |
|
|
$ |
81 |
|
|
$ |
195 |
|
|
$ |
235 |
|
| Performance Products |
|
|
42 |
|
|
|
47 |
|
|
|
130 |
|
|
|
173 |
|
| Advanced Materials |
|
|
47 |
|
|
|
49 |
|
|
|
142 |
|
|
|
148 |
|
| Total reportable segments’ adjusted EBITDA |
|
|
165 |
|
|
|
177 |
|
|
|
467 |
|
|
|
556 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reconciliation of total reportable segments’ adjusted EBITDA to income from continuing operations before income taxes: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense, net—continuing operations |
|
|
(21 |
) |
|
|
(15 |
) |
|
|
(60 |
) |
|
|
(48 |
) |
| Depreciation and amortization—continuing operations |
|
|
(70 |
) |
|
|
(69 |
) |
|
|
(214 |
) |
|
|
(208 |
) |
| Corporate and other costs, net(2) |
|
|
(33 |
) |
|
|
(40 |
) |
|
|
(121 |
) |
|
|
(125 |
) |
| Net income attributable to noncontrolling interests |
|
|
16 |
|
|
|
15 |
|
|
|
46 |
|
|
|
40 |
|
| Other adjustments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Business acquisition and integration expenses and purchase accounting inventory adjustments, net |
|
|
— |
|
|
|
— |
|
|
|
(21 |
) |
|
|
(3 |
) |
| Fair value adjustments to Venator investment, net and other tax matter adjustments |
|
|
5 |
|
|
|
— |
|
|
|
12 |
|
|
|
(5 |
) |
| Certain legal and other settlements and related expenses(3) |
|
|
(11 |
) |
|
|
(2 |
) |
|
|
(13 |
) |
|
|
(4 |
) |
| (Loss) gain on sale of business/assets |
|
|
(1 |
) |
|
|
— |
|
|
|
(1 |
) |
|
|
1 |
|
| Certain nonrecurring information technology project implementation costs |
|
|
— |
|
|
|
(2 |
) |
|
|
— |
|
|
|
(5 |
) |
| Amortization of pension and postretirement actuarial losses |
|
|
(9 |
) |
|
|
(10 |
) |
|
|
(25 |
) |
|
|
(25 |
) |
| Restructuring, impairment and plant closing and transition costs(4) |
|
|
(6 |
) |
|
|
(11 |
) |
|
|
(25 |
) |
|
|
(13 |
) |
| Income from continuing operations before income taxes |
|
|
35 |
|
|
|
43 |
|
|
|
45 |
|
|
|
161 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income tax expense—continuing operations |
|
|
(39 |
) |
|
|
(27 |
) |
|
|
(32 |
) |
|
|
(66 |
) |
| (Loss) income from discontinued operations, net of tax |
|
|
(12 |
) |
|
|
— |
|
|
|
(12 |
) |
|
|
120 |
|
| Net (loss) income |
|
$ |
(16 |
) |
|
$ |
16 |
|
|
$ |
1 |
|
|
$ |
215 |
|
|