Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 172 [1] $ 387 [1]
Restricted cash 9 [1] 9 [1]
Accounts and notes receivable (net of allowance for doubtful accounts of $45 and $47, respectively), ($633 and $520 pledged as collateral, respectively) 1,685 [1] 1,534 [1]
Accounts receivable from affiliates 29 49
Inventories 1,698 [1] 1,819 [1]
Prepaid expenses 40 48
Deferred income taxes 51 51
Other current assets 248 [1] 222 [1]
Total current assets 3,932 4,119
Property, plant and equipment, net 3,613 [1] 3,745 [1]
Investment in unconsolidated affiliates 246 238
Intangible assets, net 59 [1] 68 [1]
Goodwill 130 117
Deferred income taxes 219 229
Notes receivable from affiliates 1 2
Other noncurrent assets 454 [1] 366 [1]
Total assets 8,654 8,884
Current liabilities:    
Accounts payable 996 [1] 1,102 [1]
Accounts payable to affiliates 35 48
Accrued liabilities 705 [1] 705 [1]
Deferred income taxes 38 38
Current portion of debt 317 [1] 288 [1]
Total current liabilities 2,091 2,181
Long-term debt 3,454 [1] 3,414 [1]
Notes payable to affiliates 4 4
Deferred income taxes 171 228
Other noncurrent liabilities 1,091 [1] 1,161 [1]
Total liabilities 6,811 6,988
Commitments and contingencies (Notes 13 and 14)      
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Common stock $0.01 par value, 1,200,000,000 shares authorized, 245,318,644 and 243,813,779 issued and 239,778,005 and 238,273,422 outstanding in 2013 and 2012, respectively 2 2
Additional paid-in capital 3,294 3,264
Treasury stock, 4,043,526 shares at both June 30, 2013 and December 31, 2012 (50) (50)
Unearned stock-based compensation (19) (12)
Accumulated deficit (732) (687)
Accumulated other comprehensive loss (786) (744)
Total Huntsman Corporation stockholders' equity 1,709 1,773
Noncontrolling interests in subsidiaries 134 123
Total equity 1,843 1,896
Total liabilities and equity 8,654 8,884
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
    
Current assets:    
Cash and cash equivalents 171 [1] 210 [1]
Restricted cash 9 [1] 9 [1]
Accounts and notes receivable (net of allowance for doubtful accounts of $45 and $47, respectively), ($633 and $520 pledged as collateral, respectively) 1,685 [1] 1,534 [1]
Accounts receivable from affiliates 286 299
Inventories 1,698 [1] 1,819 [1]
Prepaid expenses 38 48
Deferred income taxes 51 51
Other current assets 248 [1] 222 [1]
Total current assets 4,186 4,192
Property, plant and equipment, net 3,537 [1] 3,656 [1]
Investment in unconsolidated affiliates 246 238
Intangible assets, net 60 [1] 70 [1]
Goodwill 130 117
Deferred income taxes 219 229
Notes receivable from affiliates 1 2
Other noncurrent assets 454 [1] 366 [1]
Total assets 8,833 8,870
Current liabilities:    
Accounts payable 996 [1] 1,101 [1]
Accounts payable to affiliates 55 62
Accrued liabilities 722 [1] 723 [1]
Deferred income taxes 38 39
Note payable to affiliate 100 100
Current portion of debt 317 [1] 288 [1]
Total current liabilities 2,228 2,313
Long-term debt 3,454 [1] 3,414 [1]
Notes payable to affiliates 776 599
Deferred income taxes 116 170
Other noncurrent liabilities 1,087 [1] 1,157 [1]
Total liabilities 7,661 7,653
Commitments and contingencies (Notes 13 and 14)      
Huntsman Corporation stockholders' equity or Huntsman International LLC members' equity:    
Members' equity, 2,728 units issued and outstanding 3,126 3,109
Accumulated deficit (1,258) (1,224)
Accumulated other comprehensive loss (830) (791)
Total Huntsman International LLC members' equity 1,038 1,094
Noncontrolling interests in subsidiaries 134 123
Total equity 1,172 1,217
Total liabilities and equity $ 8,833 $ 8,870
[1] At June 30, 2013 and December 31, 2012, respectively, $32 and $28 of cash and cash equivalents, $9 each of restricted cash, $50 and $38 of accounts and notes receivable (net), $53 and $55 of inventories, $1 and nil of other current assets, $367 and $378 of property, plant and equipment (net), $18 and $19 of intangible assets (net), $27 and $28 of other noncurrent assets, $78 and $76 of accounts payable, $26 each of accrued liabilities, $189 and $193 of current portion of debt, $70 and $77 of long-term debt, and $95 and $101 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 5. Variable Interest Entities."