Annual report pursuant to Section 13 and 15(d)

Note 14 - Debt (Details Textual)

v3.24.0.1
Note 14 - Debt (Details Textual)
€ in Millions, $ in Millions
3 Months Ended 12 Months Ended
Jun. 23, 2021
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2023
EUR (€)
May 26, 2021
USD ($)
Debt Issuance Costs, Net     $ 7 $ 8      
Interest Paid, Excluding Capitalized Interest, Operating Activities     68 66 $ 82    
Payment for Debt Extinguishment or Debt Prepayment Cost     (0) (0) 26    
Gain (Loss) on Extinguishment of Debt, Total     0 0 (27)    
Long-Term Debt     1,688 1,737      
Long-Term Debt, Current Maturities [1]     12 66      
Long-Term Debt, Excluding Current Maturities [1]     $ 1,676 1,671      
Arabian Amines Company [Member]              
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage     50.00%        
Long-Term Debt     $ 26        
Long-Term Debt, Current Maturities     9        
Long-Term Debt, Excluding Current Maturities     17        
The Revolving Credit Facility [Member]              
Long-Term Debt     0 55      
Accounts Receivable Programs [Member]              
Long-Term Debt     169 166      
The Senior Notes [Member]              
Long-Term Debt     1,471 1,455      
Huntsman International LLC [Member]              
Interest Paid, Excluding Capitalized Interest, Operating Activities     68 66 82    
Payment for Debt Extinguishment or Debt Prepayment Cost     (0) (0) 26    
Gain (Loss) on Extinguishment of Debt, Total     0 0 $ (27)    
Long-Term Debt, Current Maturities [1]     12 66      
Long-Term Debt, Excluding Current Maturities [1]     1,676 1,671      
Huntsman International LLC [Member] | The Revolving Credit Facility [Member]              
Line Of Credit Facility, Contingent Increase, Additional Borrowing Capacity     500        
Line of Credit Facility, Maximum Borrowing Capacity     1,200        
Letters of Credit Outstanding, Amount     4        
Long-Term Debt     $ 0        
Huntsman International LLC [Member] | The Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]              
Debt Instrument, Basis Spread on Variable Rate [2],[3]     1.525%        
Huntsman International LLC [Member] | Accounts Receivable Programs [Member]              
Letters of Credit Outstanding, Amount     $ 6        
Huntsman International LLC [Member] | Accounts Receivable Programs [Member] | Asset Pledged as Collateral [Member]              
Accounts Receivable, after Allowance for Credit Loss     $ 224 $ 272      
Huntsman International LLC [Member] | The Senior Notes [Member] | Debt Instrument Redemption Period Upon Occurrence of Certain Change of Control Events [Member]              
Debt Instrument, Redemption Price, Percentage     101.00%        
Huntsman International LLC [Member] | Senior Notes Maturing April 2025 [Member]              
Debt Instrument, Redemption Price, Percentage     100.00%        
Debt Instrument, Interest Rate, Stated Percentage     4.25%     4.25%  
Long-Term Debt     $ 332     € 299  
Huntsman International LLC [Member] | The 2029 Senior Notes [Member]              
Debt Instrument, Redemption Price, Percentage     100.00%        
Debt Instrument, Interest Rate, Stated Percentage     4.50%     4.50%  
Huntsman International LLC [Member] | The 2031 Senior Notes [Member]              
Debt Instrument, Redemption Price, Percentage     100.00%        
Debt Instrument, Interest Rate, Stated Percentage     2.95%     2.95%  
Debt Instrument, Face Amount             $ 400
Huntsman International LLC [Member] | The 2022 Senior Note [Member]              
Debt Instrument, Interest Rate, Stated Percentage 5.125%            
Early Repayment of Senior Debt $ 400            
Interest Paid, Excluding Capitalized Interest, Operating Activities $ 2            
Gain (Loss) on Extinguishment of Debt, Total   $ (26)          
Huntsman International LLC [Member] | The 2022 Senior Note [Member] | Debt Redemption Premiums and Related Fees and Expenses [Member]              
Payment for Debt Extinguishment or Debt Prepayment Cost   $ 25          
[1] At December 31, 2023 and December 31, 2022, respectively, $2 and $5 of cash and cash equivalents, $16 and $4 of accounts and notes receivable (net), $48 and $59 of inventories, $150 and $149 of property, plant and equipment (net), $32 and $29 of other noncurrent assets, $84 and $114 of accounts payable, $20 and $12 of accrued liabilities, $9 each of current portion of debt, $8 and $9 of current operating lease liabilities, $17 and $26 of long-term debt, $21 and $19 of noncurrent operating lease and $15 and $25 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] Interest rates on borrowings under the 2022 Revolving Credit Facility vary based on the type of loan and Huntsman International’s debt ratings. The representative interest rate as of December 31, 2023 was 1.525% above Term SOFR.
[3] On December 31, 2023, we had an additional $4 million (U.S. dollar equivalents) of letters of credit and bank guarantees issued and outstanding under our 2022 Revolving Credit Facility.