Annual report pursuant to Section 13 and 15(d)

Note 3 - Business Combinations and Acquisitions - Assets Acquired and Liabilities Assumed (Details)

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Note 3 - Business Combinations and Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Jan. 31, 2024
Dec. 31, 2023
Inventories [1] $ 917   $ 867
Property, plant and equipment [1],[2] 2,493   2,376
Other long-term assets [1] 722   611
Deferred income taxes 69   112
Operating lease right-of-use assets 382   366
Noncurrent operating lease liabilities [1] (348)   (334)
Total $ 7,114   $ 7,248
Shanghai Lianheng Isocyanate Company Ltd. (“SLIC”) [Member]      
Accounts Receivable, after Allowance for Credit Loss   $ 20  
Inventories   10  
Property, plant and equipment   231  
Other long-term assets   24  
Deferred income taxes   1  
Operating lease right-of-use assets   3  
Noncurrent operating lease liabilities   (3)  
Total   $ 286  
[1] At December 31, 2024 and December 31, 2023, respectively, $6 and $2 of cash and cash equivalents, $19 and $16 of accounts and notes receivable (net), $57 and $48 of inventories, $124 and $150 of property, plant and equipment (net), $37 and $32 of other noncurrent assets, $111 and $84 of accounts payable, $21 and $20 of accrued liabilities, $9 each of current portion of debt, $6 and $8 of current operating lease liabilities, $7 and $17 of long-term debt, $15 and $21 of noncurrent operating lease and $16 and $15 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheets captions above. See “Note 8. Variable Interest Entities.” These assets can only be used to settle obligations of the variable interest entities, and creditors of these liabilities do not have recourse to our general credit.
[2] Long-lived assets consist of property, plant and equipment, net.