Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT

v3.19.3.a.u2
PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2019
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

6. PROPERTY, PLANT AND EQUIPMENT

The cost and accumulated depreciation of property, plant and equipment were as follows (dollars in millions):

Huntsman Corporation

​

​

​

​

​

​

​

​

​

December 31, 

​

    

2019

    

2018

Land

​

$

103

​

$

105

Buildings

​

 

605

​

 

602

Plant and equipment

​

 

4,695

​

 

4,550

Construction in progress

​

 

285

​

 

249

Total

​

 

5,688

​

 

5,506

Less accumulated depreciation

​

 

(3,305)

​

 

(3,153)

Net

​

$

2,383

​

$

2,353

​

Depreciation expense for 2019, 2018 and 2017 was $245 million, $239 million and $226 million, respectively.

Huntsman International

​

​

​

​

​

​

​

​

​

​

December 31,

​

    

2019

    

2018

Land

​

$

103

​

$

105

Buildings

​

 

605

​

 

602

Plant and equipment

​

 

4,749

​

 

4,604

Construction in progress

​

 

285

​

 

249

Total

​

 

5,742

​

 

5,560

Less accumulated depreciation

​

 

(3,359)

​

 

(3,207)

Net

​

$

2,383

​

$

2,353

​

Depreciation expense for 2019, 2018 and 2017 was $245 million, $236 million and $217 million, respectively.