Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Cash and cash equivalents [1] $ 505 $ 1,593
Accounts and notes receivable [1] 1,216 902
Accounts and notes receivable, allowance for doubtful accounts 25 26
Accounts and notes receivable, pledged as collateral 336 198
Inventories [1] 1,174 848
Property, plant and equipment, net [1] 2,540 2,505
Other noncurrent assets [1] 605 548
Accounts payable [1] 955 842
Accrued liabilities [1] 569 458
Current portion of debt [1] 16 593
Current operating lease liabilities [1] 54 52
Long-term debt [1] 1,567 1,528
Noncurrent operating lease liabilities [1] 383 411
Other noncurrent liabilities [1] $ 840 $ 910
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 1,200,000,000 1,200,000,000
Common stock, shares issued (in shares) 259,468,984 258,520,411
Common stock, shares outstanding (in shares) 217,028,320 220,046,262
Treasury stock, shares (in shares) 42,448,875 38,477,091
Variable Interest Entity, Primary Beneficiary [Member]    
Cash and cash equivalents $ 31 $ 2
Accounts and notes receivable 10 6
Inventories 52 38
Property, plant and equipment, net 161 167
Other noncurrent assets 23 23
Accounts payable 144 119
Accrued liabilities 13 13
Current portion of debt 13 47
Current operating lease liabilities 6 5
Long-term debt 53 3
Noncurrent operating lease liabilities 22 17
Other noncurrent liabilities 76 82
Huntsman International LLC [Member]    
Cash and cash equivalents [1] 505 1,591
Accounts and notes receivable [1] 1,216 902
Accounts and notes receivable, allowance for doubtful accounts 25 26
Accounts and notes receivable, pledged as collateral 336 198
Inventories [1] 1,174 848
Property, plant and equipment, net [1] 2,540 2,505
Other noncurrent assets [1] 604 548
Accounts payable [1] 954 842
Accrued liabilities [1] 559 455
Current portion of debt [1] 16 593
Current operating lease liabilities [1] 54 52
Long-term debt [1] 1,567 1,528
Noncurrent operating lease liabilities [1] 383 411
Other noncurrent liabilities [1] $ 831 $ 900
Members' equity, units issued (in shares) 2,728 2,728
Members' equity, units outstanding (in shares) 2,728 2,728
Huntsman International LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Cash and cash equivalents $ 31 $ 2
Accounts and notes receivable 10 6
Inventories 52 38
Property, plant and equipment, net 161 167
Other noncurrent assets 23 23
Accounts payable 144 119
Accrued liabilities 13 13
Current portion of debt 13 47
Current operating lease liabilities 6 5
Long-term debt 53 3
Noncurrent operating lease liabilities 22 17
Other noncurrent liabilities $ 76 $ 82
[1] At September 30, 2021 and December 31, 2020, respectively, $31 and $2 of cash and cash equivalents, $10 and $6 of accounts and notes receivable (net), $52 and $38 of inventories, $161 and $167 of property, plant and equipment (net), $23 each of other noncurrent assets, $144 and $119 of accounts payable, $13 each of accrued liabilities, $13 and $47 of current portion of debt, $6 and $5 of current operating lease liabilities, $53 and $3 of long-term debt, $22 and $17 of noncurrent operating lease liabilities and $76 and $82 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities."