Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Debt (Details Textual)

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Note 8 - Debt (Details Textual) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
May 20, 2022
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2024
Jun. 30, 2023
Jan. 31, 2024
Dec. 31, 2023
Long-Term Debt, Current Maturities [1]   $ 576   $ 576     $ 12
Long-Term Debt, Excluding Current Maturities [1]   1,344   1,344     1,676
Repayments of Notes Payable       218 $ (0)    
Debt Issuance Costs, Net   6   $ 6     7
Shanghai Lianheng Isocyanate Company Ltd. (“SLIC”) [Member]              
Accounts Receivable, after Allowance for Credit Loss           $ 20  
Arabian Amines Company [Member]              
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage     50.00% 50.00%      
Total Debt, Excluding Debt to Affiliates   21   $ 21      
Long-Term Debt, Current Maturities   9   9      
Long-Term Debt, Excluding Current Maturities   12   12      
Huntsman International LLC [Member]              
Long-Term Debt, Current Maturities [1]   576   576     12
Long-Term Debt, Excluding Current Maturities [1]   1,344   1,344     1,676
Repayments of Notes Payable       218 $ (0)    
Huntsman International LLC [Member] | The Revolving Credit Facility [Member]              
Line of Credit Facility, Maximum Borrowing Capacity $ 1,200 1,200   1,200      
Line Of Credit Facility, Contingent Increase, Additional Borrowing Capacity $ 500            
Letters of Credit Outstanding, Amount   6   $ 6      
Debt Instrument, Basis Spread on Variable Rate [2],[3]       1.525%      
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       1.525%      
Huntsman International LLC [Member] | Accounts Receivable Programs [Member]              
Letters of Credit Outstanding, Amount   6   $ 6      
Huntsman International LLC [Member] | Accounts Receivable Programs [Member] | Asset Pledged as Collateral [Member]              
Accounts Receivable, after Allowance for Credit Loss   310   $ 310     $ 224
Huntsman Polyurethanes Shanghai Ltd. [Member] | Shanghai Lianheng Isocyanate Company Ltd. (“SLIC”) [Member]              
Repayments of Notes Payable   $ 190          
[1] At June 30, 2024 and December 31, 2023, respectively, $11 and $2 of cash and cash equivalents, $20 and $16 of accounts and notes receivable (net), $58 and $48 of inventories, $151 and $150 of property, plant and equipment (net), $32 each of other noncurrent assets, $103 and $84 of accounts payable, $18 and $20 of accrued liabilities, $9 each of current portion of debt, $6 and $8 of current operating lease liabilities, $12 and $17 of long-term debt, $18 and $21 of noncurrent operating lease liabilities and $16 and $15 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. 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 for U.S. dollar borrowings as of June 30, 2024 was 1.525% above Term SOFR.
[3] On June 30, 2024, we had an additional $6 million (U.S. dollar equivalents) of letters of credit and bank guarantees issued and outstanding under our 2022 Revolving Credit Facility.