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
Jun. 30, 2022
Dec. 31, 2021
Cash and cash equivalents [1] $ 608 $ 1,041
Accounts and notes receivable, allowance for doubtful accounts 24 25
Accounts and notes receivable [1] 1,259 1,159
Inventories [1] 1,401 1,201
Property, plant and equipment, net [1] 2,486 2,576
Other noncurrent assets [1] 668 690
Accounts payable [1] 1,069 1,148
Accrued liabilities [1] 426 780
Current portion of debt [1] 13 12
Current operating lease liabilities [1] 55 51
Long-term debt [1] 1,508 1,538
Noncurrent operating lease liabilities [1] 370 370
Other noncurrent liabilities [1] $ 650 $ 713
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) 261,124,462 259,701,770
Common stock, shares outstanding (in shares) 201,672,202 214,170,287
Treasury stock, shares (in shares) 59,452,260 45,531,489
Asset Pledged as Collateral [Member]    
Accounts and notes receivable $ 407 $ 324
Huntsman International LLC [Member]    
Cash and cash equivalents [1] 608 1,039
Accounts and notes receivable, allowance for doubtful accounts 24 25
Accounts and notes receivable [1] 1,259 1,159
Inventories [1] 1,401 1,201
Property, plant and equipment, net [1] 2,486 2,576
Other noncurrent assets [1] 668 691
Accounts payable [1] 1,068 1,145
Accrued liabilities [1] 419 771
Current portion of debt [1] 13 12
Current operating lease liabilities [1] 55 51
Long-term debt [1] 1,508 1,538
Noncurrent operating lease liabilities [1] 370 370
Other noncurrent liabilities [1] $ 644 $ 700
Members' equity, units issued (in shares) 2,728 2,728
Members' equity, units outstanding (in shares) 2,728 2,728
Huntsman International LLC [Member] | Asset Pledged as Collateral [Member]    
Accounts and notes receivable $ 407 $ 324
Variable Interest Entity, Primary Beneficiary [Member]    
Property, plant and equipment, net 158 161
Long-term debt 31 35
Noncurrent operating lease liabilities 23 20
Other noncurrent liabilities $ 45 46
Variable Interest Entity, Primary Beneficiary [Member] | Huntsman International LLC [Member]    
Property, plant and equipment, net   $ 161
[1] At June 30, 2022 and December 31, 2021, respectively, $6 and $1 of cash and cash equivalents, $5 and $12 of accounts and notes receivable (net), $70 and $64 of inventories, $158 and $161 of property, plant and equipment (net), $25 and $23 of other noncurrent assets, $127 and $146 of accounts payable, $8 and $13 of accrued liabilities, $9 and $10 of current portion of debt, $10 and $6 of current operating lease liabilities, $31 and $35 of long-term debt, $23 and $20 of noncurrent operating lease liabilities and $45 and $46 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities.” ?