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
Mar. 31, 2020
Dec. 31, 2019
Accounts and notes receivable, allowance for doubtful accounts (in dollars) $ 22 $ 19
Accounts and notes receivable, pledged as collateral (in dollars) $ 252 $ 221
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 258,124,697 257,405,496
Common stock, shares outstanding 219,647,609 224,295,868
Treasury stock, shares 38,477,091 33,112,572
Variable Interest Entity    
Cash and cash equivalents [1] $ 1,594 $ 525
Accounts and notes receivable (net) [1] 1,013 940
Inventories [1] 1,008 914
Other current assets [1] 145 155
Property, plant and equipment (net) [1] 2,357 2,383
Other noncurrent assets [1] 453 452
Accounts payable [1] 825 765
Accrued liabilities [1] 739 420
Current portion of debt [1] 134 212
Current operating lease liabilities [1] 45 42
Long-term debt [1] 2,049 2,177
Noncurrent operating lease liabilities [1] 365 384
Other noncurrent liabilities [1] 833 898
Consolidated VIE's    
Variable Interest Entity    
Cash and cash equivalents 3 0
Accounts and notes receivable (net) 5 13
Inventories 46 35
Property, plant and equipment (net) 178 180
Other noncurrent assets 21 20
Accounts payable 111 100
Accrued liabilities 11 10
Current portion of debt 32 36
Current operating lease liabilities 4 4
Long-term debt 26 29
Noncurrent operating lease liabilities 12 11
Other noncurrent liabilities 85 87
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES    
Accounts and notes receivable, allowance for doubtful accounts (in dollars) 22 19
Accounts and notes receivable, pledged as collateral (in dollars) $ 252 $ 221
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] $ 1,594 $ 525
Accounts and notes receivable (net) [1] 1,013 940
Inventories [1] 1,008 914
Other current assets [1] 151 161
Property, plant and equipment (net) [1] 2,357 2,383
Other noncurrent assets [1] 453 452
Accounts payable [1] 825 765
Accrued liabilities [1] 736 417
Current portion of debt [1] 134 212
Current operating lease liabilities [1] 45 42
Long-term debt [1] 2,049 2,177
Noncurrent operating lease liabilities [1] 365 384
Other noncurrent liabilities [1] 829 890
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Consolidated VIE's    
Variable Interest Entity    
Cash and cash equivalents 3 0
Accounts and notes receivable (net) 5 13
Inventories 46 35
Property, plant and equipment (net) 178 180
Other noncurrent assets 21 20
Accounts payable 111 100
Accrued liabilities 11 10
Current portion of debt 32 36
Current operating lease liabilities 4 4
Long-term debt 26 29
Noncurrent operating lease liabilities 12 11
Other noncurrent liabilities $ 85 $ 87
[1] At March 31, 2020 and December 31, 2019, respectively, $3 and nil of cash and cash equivalents, $5 and $13 of accounts and notes receivable (net), $46 and $35 of inventories, $178 and $180 of property, plant and equipment (net), $21 and $20 of other noncurrent assets, $111 and $100 of accounts payable, $11 and $10 of accrued liabilities, $32 and $36 of current portion of debt, $4 each of current operating lease liabilities, $26 and $29 of long-term debt, $12 and $11 of noncurrent operating lease liabilities and $85 and $87 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities.”