Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Accounts and notes receivable, allowance for doubtful accounts (in dollars) $ 21 $ 22
Accounts and notes receivable, pledged as collateral (in dollars) $ 372 $ 341
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized 1,200,000,000 1,200,000,000
Common stock, shares issued 257,253,501 256,006,849
Common stock, shares outstanding 228,700,570 232,994,172
Treasury stock, shares 28,552,934 23,012,680
Variable Interest Entity    
Cash and cash equivalents [1] $ 449 $ 340
Accounts and notes receivable (net) [1] 1,296 1,254
Inventories [1] 1,094 1,134
Other current assets [1] 101 146
Property, plant and equipment (net) [1] 3,047 3,064
Intangible assets (net) [1] 212 219
Other noncurrent assets [1] 585 553
Accounts payable [1] 898 929
Accrued liabilities [1] 437 554
Current portion of long-term debt [1] 228 96
Current operating lease liabilities [1] 60  
Long-term debt [1] 2,277 2,224
Noncurrent operating lease liabilities [1] 419  
Other noncurrent liabilities [1] 1,010 1,073
Consolidated VIE's    
Variable Interest Entity    
Cash and cash equivalents 19 7
Accounts and notes receivable (net) 29 30
Inventories 38 49
Other current assets 5 5
Property, plant and equipment (net) 263 265
Intangible assets (net) 10 10
Other noncurrent assets 44 52
Accounts payable 97 123
Accrued liabilities 25 30
Current portion of long-term debt 36 25
Current operating lease liabilities 5 0
Long-term debt 45 61
Noncurrent operating lease liabilities 14 0
Other noncurrent liabilities 95 97
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES    
Accounts and notes receivable, allowance for doubtful accounts (in dollars) 21 22
Accounts and notes receivable, pledged as collateral (in dollars) $ 372 $ 341
Members' equity, units issued (in units) 2,728 2,728
Members' equity, units outstanding (in units) 2,728 2,728
Variable Interest Entity    
Cash and cash equivalents [1] $ 449 $ 340
Accounts and notes receivable (net) [1] 1,296 1,254
Inventories [1] 1,094 1,134
Other current assets [1] 103 148
Property, plant and equipment (net) [1] 3,047 3,064
Intangible assets (net) [1] 212 219
Other noncurrent assets [1] 584 553
Accounts payable [1] 898 929
Accrued liabilities [1] 434 551
Current portion of long-term debt [1] 228 96
Current operating lease liabilities [1] 60  
Long-term debt [1] 2,277 2,224
Noncurrent operating lease liabilities [1] 419  
Other noncurrent liabilities [1] 1,003 1,061
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Consolidated VIE's    
Variable Interest Entity    
Cash and cash equivalents 19 7
Accounts and notes receivable (net) 29 30
Inventories 38 49
Other current assets 5 5
Property, plant and equipment (net) 263 265
Intangible assets (net) 10 10
Other noncurrent assets 44 52
Accounts payable 97 123
Accrued liabilities 25 30
Current portion of long-term debt 36 25
Current operating lease liabilities 5 0
Long-term debt 45 61
Noncurrent operating lease liabilities 14 0
Other noncurrent liabilities $ 95 $ 97
[1] At June 30, 2019 and December 31, 2018, respectively, $19 and $7 of cash and cash equivalents, $29 and $30 of accounts and notes receivable (net), $38 and $49 of inventories, $5 each of other current assets, $263 and $265 of property, plant and equipment (net), $10 each of intangible assets (net), $44 and $52 of other noncurrent assets, $97 and $123 of accounts payable, $25 and $30 of accrued liabilities, $36 and $25 of current portion of debt, $5 and nil of current operating lease liabilities, $45 and $61 of long-term debt, $14 and nil of noncurrent operating lease liabilities and $95 and $97 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities.”