Annual report pursuant to Section 13 and 15(d)

Note 14 - Debt (Details Textual)

v3.25.0.1
Note 14 - Debt (Details Textual)
$ in Millions, € in Billions
3 Months Ended 12 Months Ended
May 20, 2022
USD ($)
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2024
EUR (€)
Jan. 31, 2024
USD ($)
Long-Term Debt     $ 1,835 $ 1,688      
Long-Term Debt, Current Maturities [1]     325 12      
Long-Term Debt, Excluding Current Maturities [1]     1,510 1,676      
Repayments of Notes Payable     218 (0) $ (0)    
Debt Issuance Costs, Net     $ 9 7      
Shanghai Lianheng Isocyanate Company Ltd. (“SLIC”) [Member]              
Accounts Receivable, after Allowance for Credit Loss             $ 20
Arabian Amines Company [Member]              
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage     50.00%        
Long-Term Debt     $ 16        
Long-Term Debt, Current Maturities     9        
Long-Term Debt, Excluding Current Maturities     7        
The Senior Notes [Member]              
Long-Term Debt     1,799 1,471      
Accounts Receivable Programs [Member]              
Long-Term Debt     0 169      
Huntsman International LLC [Member]              
Long-Term Debt, Current Maturities [1]     325 12      
Long-Term Debt, Excluding Current Maturities [1]     1,510 1,676      
Repayments of Notes Payable     218 (0) $ (0)    
Huntsman International LLC [Member] | The Revolving Credit Facility [Member]              
Line Of Credit Facility, Contingent Increase, Additional Borrowing Capacity $ 500            
Letters of Credit Outstanding, Amount     $ 3        
Debt Instrument, Basis Spread on Variable Rate [2],[3]     1.475%        
Huntsman International LLC [Member] | The Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) [Member]              
Debt Instrument, Basis Spread on Variable Rate     1.475%        
Huntsman International LLC [Member] | The Senior Notes [Member] | Debt Instrument Redemption Period Upon Occurrence of Certain Change of Control Events [Member]              
Debt Instrument, Redemption Price, Percentage     101.00%        
Huntsman International LLC [Member] | Senior Notes Maturing April 2025 [Member]              
Debt Instrument, Interest Rate, Stated Percentage     4.25%     4.25%  
Long-Term Debt     $ 313     € 0.3  
Huntsman International LLC [Member] | The 2029 Senior Notes [Member]              
Debt Instrument, Redemption Price, Percentage     100.00%        
Debt Instrument, Interest Rate, Stated Percentage     4.50%     4.50%  
Huntsman International LLC [Member] | The 2031 Senior Notes [Member]              
Debt Instrument, Redemption Price, Percentage     100.00%        
Debt Instrument, Interest Rate, Stated Percentage     2.95%     2.95%  
Huntsman International LLC [Member] | The 2034 Senior Notes [Member]              
Debt Instrument, Redemption Price, Percentage     100.00%        
Debt Instrument, Interest Rate, Stated Percentage     5.70%     5.70%  
Huntsman International LLC [Member] | Accounts Receivable Programs [Member]              
Letters of Credit Outstanding, Amount     $ 6        
Huntsman International LLC [Member] | Accounts Receivable Programs [Member] | Asset Pledged as Collateral [Member]              
Accounts Receivable, after Allowance for Credit Loss     $ 233 $ 224      
Huntsman Polyurethanes Shanghai Ltd. [Member] | Shanghai Lianheng Isocyanate Company Ltd. (“SLIC”) [Member]              
Repayments of Notes Payable   $ 190          
[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] Interest rates on borrowings under the 2022 Revolving Credit Facility vary based on the type of loan and Huntsman International’s debt ratings. The representative interest rate as of December 31, 2024 was 1.475% above Term SOFR.
[3] On December 31, 2024, we had an additional $3 million (U.S. dollar equivalents) of letters of credit and bank guarantees issued and outstanding under our 2022 Revolving Credit Facility.