Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets (Parentheticals)

v3.22.4
Consolidated Balance Sheets (Parentheticals) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Cash and cash equivalents [1] $ 654 $ 1,041
Accounts and notes receivable, allowance for doubtful accounts 14 12
Accounts and notes receivable [1] 813 988
Inventories [1] 995 1,038
Property, plant and equipment, net [1],[2] 2,377 2,443
Other noncurrent assets [1] 686 689
Accounts payable [1] 907 1,054
Accrued liabilities [1] 429 713
Current portion of debt [1] 66 12
Current operating lease liabilities [1] 51 49
Long-term debt [1] 1,671 1,538
Noncurrent operating lease liabilities [1] 336 346
Other noncurrent liabilities [1] $ 422 $ 586
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) 261,148,217 259,701,770
Common stock, shares outstanding (in shares) 183,634,464 214,170,287
Treasury stock, shares (in shares) 77,513,753 45,531,489
Accounts and notes receivable [1] $ 813 $ 988
Asset Pledged as Collateral [Member]    
Accounts and notes receivable 272 324
Accounts and notes receivable 272 324
Huntsman International LLC [Member]    
Cash and cash equivalents [1] 654 1,039
Accounts and notes receivable, allowance for doubtful accounts 14 12
Accounts and notes receivable [1] 813 988
Inventories [1] 995 1,038
Property, plant and equipment, net [1] 2,377 2,443
Other noncurrent assets [1] 686 690
Accounts payable [1] 907 1,051
Accrued liabilities [1] 427 704
Current portion of debt [1] 66 12
Current operating lease liabilities [1] 51 49
Long-term debt [1] 1,671 1,538
Noncurrent operating lease liabilities [1] 336 346
Other noncurrent liabilities [1] 414 573
Accounts and notes receivable [1] $ 813 $ 988
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 $ 272 $ 324
Accounts and notes receivable 272 324
Variable Interest Entity, Primary Beneficiary [Member]    
Cash and cash equivalents 5 1
Accounts and notes receivable 4 12
Inventories 59 64
Property, plant and equipment, net 149 161
Other noncurrent assets 29 23
Accounts payable 114 146
Accrued liabilities 12 13
Current portion of debt 9 10
Current operating lease liabilities 10 6
Long-term debt 26 35
Noncurrent operating lease liabilities 19 20
Other noncurrent liabilities 25 46
Accounts and notes receivable 4 12
Variable Interest Entity, Primary Beneficiary [Member] | Huntsman International LLC [Member]    
Cash and cash equivalents 5 1
Accounts and notes receivable 4 12
Inventories 59 64
Property, plant and equipment, net 149 161
Other noncurrent assets 29 23
Accounts payable 114 146
Accrued liabilities 12 13
Current portion of debt 9 10
Current operating lease liabilities 9 6
Long-term debt 26 35
Noncurrent operating lease liabilities 19 20
Other noncurrent liabilities 25 46
Accounts and notes receivable $ 4 $ 12
[1] At December 31, 2022 and December 31, 2021, respectively, $5 and $1 of cash and cash equivalents, $4 and $12 of accounts and notes receivable (net), $59 and $64 of inventories, $149 and $161 of property, plant and equipment (net), $29 and $23 each of other noncurrent assets, $114 and $146 of accounts payable, $12 and $13 of accrued liabilities, $9 and $10 of current portion of debt, $9 and $6 of current operating lease liabilities, $26 and $35 of long-term debt, $19 and $20 of noncurrent operating lease and $25 and $46 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheets captions above. See “Note 8. Variable Interest Entities.” These assets can only be used to settle obligations of the variable interest entities, and creditors of these liabilities do not have recourse to our general credit.
[2] Long-lived assets consist of property, plant and equipment, net.