Annual report pursuant to Section 13 and 15(d)

Note 6 - Property, Plant and Equipment

v3.25.0.1
Note 6 - Property, Plant and Equipment
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

6. PROPERTY, PLANT AND EQUIPMENT

 

The cost and accumulated depreciation of property, plant and equipment were as follows (dollars in millions):

 

Huntsman Corporation

 

   

December 31,

 
   

2024

   

2023

 

Land

  $ 94     $ 99  

Buildings

    599       586  

Plant and equipment

    5,392       5,238  

Construction in progress

    337       362  

Total

    6,422       6,285  

Less accumulated depreciation

    (3,929 )     (3,909 )

Net

  $ 2,493     $ 2,376  

 

Huntsman International

 

   

December 31,

 
   

2024

   

2023

 

Land

  $ 94     $ 99  

Buildings

    599       586  

Plant and equipment

    5,480       5,326  

Construction in progress

    337       362  

Total

    6,510       6,373  

Less accumulated depreciation

    (4,017 )     (3,997 )

Net

  $ 2,493     $ 2,376  

 

Depreciation expense from continuing operations for Huntsman Corporation and Huntsman International for 2024, 2023 and 2022 was $238 million, $231 million and $233 million, respectively.