Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC (Details)

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CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
Dec. 31, 2009
Condensed consolidating financial statements        
Percentage of holding in subsidiaries (as a percent) 100.00%      
Current assets:        
Cash and cash equivalents $ 683 [1] $ 966 [1] $ 766 $ 1,745
Restricted cash 7 [1] 7 [1]    
Accounts and notes receivable (net) 1,836 [1] 1,413 [1]    
Accounts receivable from affiliates 1 15    
Inventories 1,746 [1] 1,396 [1]    
Prepaid expenses 34 46    
Deferred income taxes 2 1    
Other current assets 271 [1] 164 [1]    
Total current assets 4,580 4,008    
Property, plant and equipment, net 3,825 [1] 3,605 [1]    
Investment in unconsolidated affiliates 192 234    
Intangible assets, net 109 [1] 105 [1]    
Goodwill 111 94    
Deferred income taxes 188 166    
Notes receivable from affiliates 6 7    
Other noncurrent assets 465 [1] 495 [1]    
Total assets 9,476 8,714    
Current liabilities:        
Accounts payable 1,110 [1] 842 [1]    
Accounts payable to affiliates 22 45    
Accrued liabilities 758 [1] 628 [1]    
Deferred income taxes 20 19    
Current portion of debt 289 [1] 519 [1]    
Total current liabilities 2,199 2,053    
Long-term debt 3,886 [1] 3,627 [1]    
Notes payable to affiliates 4 4    
Deferred income taxes 307 314    
Other noncurrent liabilities 844 [1] 866 [1]    
Total liabilities 7,240 6,864    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Accumulated deficit (970) (1,090)    
Accumulated other comprehensive (loss) income (142) (297)    
Noncontrolling interests in subsidiaries 137 60    
Total liabilities and equity 9,476 8,714    
Parent Company
        
Current assets:        
Cash and cash equivalents 55 220 101 688
Accounts and notes receivable (net) 26 17    
Accounts receivable from affiliates 1,224 1,275    
Inventories 107 78    
Prepaid expenses 7 11    
Deferred income taxes 5 5    
Other current assets 40      
Total current assets 1,464 1,606    
Property, plant and equipment, net 402 417    
Investment in unconsolidated affiliates 5,587 5,018    
Intangible assets, net 52 62    
Goodwill (19) (17)    
Deferred income taxes 62 (9)    
Notes receivable from affiliates 54 51    
Other noncurrent assets 57 73    
Total assets 7,659 7,201    
Current liabilities:        
Accounts payable 74 42    
Accounts payable to affiliates 2,065 1,892    
Accrued liabilities 111 102    
Note payable to affiliate 100 100    
Current portion of debt 93 114    
Total current liabilities 2,443 2,250    
Long-term debt 3,259 3,320    
Notes payable to affiliates 435 435    
Deferred income taxes   8    
Other noncurrent liabilities 163 160    
Total liabilities 6,300 6,173    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 3,074 3,049    
Accumulated deficit (1,519) (1,667)    
Accumulated other comprehensive (loss) income (196) (354)    
Total Huntsman International LLC members' equity 1,359 1,028    
Total equity 1,359 1,028    
Total liabilities and equity 7,659 7,201    
Guarantors
        
Condensed consolidating financial statements        
Percentage of holding in subsidiaries (as a percent) 100.00%      
Current assets:        
Cash and cash equivalents 3 9 12 24
Accounts and notes receivable (net) 185 112    
Accounts receivable from affiliates 2,812 2,530    
Inventories 280 240    
Prepaid expenses   6    
Other current assets 7 3    
Total current assets 3,287 2,900    
Property, plant and equipment, net 866 881    
Investment in unconsolidated affiliates 1,730 1,403    
Intangible assets, net 2 3    
Goodwill 84 84    
Notes receivable from affiliates 985 930    
Other noncurrent assets 151 169    
Total assets 7,105 6,370    
Current liabilities:        
Accounts payable 268 212    
Accounts payable to affiliates 839 860    
Accrued liabilities 138 77    
Deferred income taxes 55 55    
Total current liabilities 1,300 1,204    
Deferred income taxes 37 (28)    
Other noncurrent liabilities 133 138    
Total liabilities 1,470 1,314    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 4,741 4,764    
Accumulated deficit (1,015) (1,308)    
Accumulated other comprehensive (loss) income 1,909 1,600    
Total Huntsman International LLC members' equity 5,635 5,056    
Total equity 5,635 5,056    
Total liabilities and equity 7,105 6,370    
Non-guarantors
        
Current assets:        
Cash and cash equivalents 248 332 229 207
Restricted cash 7 7    
Accounts and notes receivable (net) 1,625 1,284    
Accounts receivable from affiliates 82 79    
Inventories 1,369 1,089    
Prepaid expenses 50 42    
Deferred income taxes 45 44    
Other current assets 258 160    
Total current assets 3,684 3,037    
Property, plant and equipment, net 2,431 2,169    
Investment in unconsolidated affiliates 133 172    
Intangible assets, net 60 42    
Goodwill 46 27    
Deferred income taxes 175 161    
Notes receivable from affiliates 6 7    
Other noncurrent assets 257 253    
Total assets 6,792 5,868    
Current liabilities:        
Accounts payable 768 586    
Accounts payable to affiliates 1,171 1,091    
Accrued liabilities 570 464    
Deferred income taxes 20 19    
Current portion of debt 196 405    
Total current liabilities 2,725 2,565    
Long-term debt 627 307    
Notes payable to affiliates 1,043 985    
Deferred income taxes 84 86    
Other noncurrent liabilities 544 555    
Total liabilities 5,023 4,498    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 2,313 2,217    
Subsidiary preferred stock 1 1    
Accumulated deficit (422) (549)    
Accumulated other comprehensive (loss) income (211) (318)    
Total Huntsman International LLC members' equity 1,681 1,351    
Noncontrolling interests in subsidiaries 88 19    
Total equity 1,769 1,370    
Total liabilities and equity 6,792 5,868    
Eliminations.
        
Current assets:        
Accounts receivable from affiliates (4,046) (3,784)    
Inventories (10) (11)    
Prepaid expenses (24) (14)    
Deferred income taxes (9) (9)    
Other current assets (39) (3)    
Total current assets (4,128) (3,821)    
Property, plant and equipment, net 2 2    
Investment in unconsolidated affiliates (7,258) (6,359)    
Intangible assets, net (3)      
Deferred income taxes (36) 27    
Notes receivable from affiliates (1,039) (981)    
Total assets (12,462) (11,132)    
Current liabilities:        
Accounts payable to affiliates (4,046) (3,784)    
Accrued liabilities (62) (17)    
Deferred income taxes (11) (11)    
Total current liabilities (4,119) (3,812)    
Notes payable to affiliates (1,039) (981)    
Deferred income taxes (34) 28    
Other noncurrent liabilities (3) (1)    
Total liabilities (5,195) (4,766)    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity (7,054) (6,981)    
Subsidiary preferred stock (1) (1)    
Accumulated deficit 1,437 1,857    
Accumulated other comprehensive (loss) income (1,698) (1,282)    
Total Huntsman International LLC members' equity (7,316) (6,407)    
Noncontrolling interests in subsidiaries 49 41    
Total equity (7,267) (6,366)    
Total liabilities and equity (12,462) (11,132)    
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
        
Current assets:        
Cash and cash equivalents 306 [1] 561 [1] 342 919
Restricted cash 7 [1] 7 [1]    
Accounts and notes receivable (net) 1,836 [1] 1,413 [1]    
Accounts receivable from affiliates 72 100    
Inventories 1,746 [1] 1,396 [1]    
Prepaid expenses 33 45    
Deferred income taxes 41 40    
Other current assets 266 [1] 160 [1]    
Total current assets 4,307 3,722    
Property, plant and equipment, net 3,701 [1] 3,469 [1]    
Investment in unconsolidated affiliates 192 234    
Intangible assets, net 111 [1] 107 [1]    
Goodwill 111 94    
Deferred income taxes 201 179    
Notes receivable from affiliates 6 7    
Other noncurrent assets 465 [1] 495 [1]    
Total assets 9,094 8,307    
Current liabilities:        
Accounts payable 1,110 [1] 840 [1]    
Accounts payable to affiliates 29 59    
Accrued liabilities 757 [1] 626 [1]    
Deferred income taxes 64 63    
Note payable to affiliate 100 100    
Current portion of debt 289 [1] 519 [1]    
Total current liabilities 2,349 2,207    
Long-term debt 3,886 [1] 3,627 [1]    
Notes payable to affiliates 439 439    
Deferred income taxes 87 94    
Other noncurrent liabilities 837 [1] 852 [1]    
Total liabilities 7,598 7,219    
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:        
Members' equity 3,074 3,049    
Accumulated deficit (1,519) (1,667)    
Accumulated other comprehensive (loss) income (196) (354)    
Total Huntsman International LLC members' equity 1,359 1,028    
Noncontrolling interests in subsidiaries 137 60    
Total equity 1,496 1,088 849 847
Total liabilities and equity $ 9,094 $ 8,307    
[1] At June 30, 2011 and December 31, 2010, respectively, $66 and $7 of cash and cash equivalents, $2 and nil of restricted cash, $37 and $8 of accounts and notes receivable (net), $50 and $45 of inventories, $3 and $2 of other current assets, $429 and $275 of property, plant and equipment (net), $26 and $7 of intangible assets (net), $20 and $18 of other noncurrent assets, $74 and $56 of accounts payable, $19 and $16 of accrued liabilities, $27 and $15 of current portion of debt, $286 and $185 of long-term debt, and $98 and $109 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See Note 5. Variable Interest Entities.