Huntsman Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 6 - Property, Plant and Equipment

Note 6 - Property, Plant and Equipment

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

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,*
	*2022*			*2021*
Land	$	94		$	96
Buildings		570			590
Plant and equipment		5,092			4,864
Construction in progress		274			444
Total		6,030			5,994
Less accumulated depreciation		(3,653	)		(3,551	)
Net	$	2,377		$	2,443

Huntsman International

	*December 31,*
	*2022*			*2021*
Land	$	94		$	96
Buildings		570			590
Plant and equipment		5,180			4,952
Construction in progress		274			444
Total		6,118			6,082
Less accumulated depreciation		(3,741	)		(3,639	)
Net	$	2,377		$	2,443

Depreciation expense from continuing operations for Huntsman Corporation and Huntsman International for 2022, 2021 and 2020 was $233 million, $231 million and $226 million, respectively.