Quarterly report [Sections 13 or 15(d)]

Note 8 - Restructuring, Impairment and Plant Closing Costs (Tables)

v3.25.1
Note 8 - Restructuring, Impairment and Plant Closing Costs (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

Accrued liabilities as of January 1, 2025

  $ 26  

Charges

     

Payments

    (3 )

Accrued liabilities as of March 31, 2025

  $ 23  
Schedule of Restructuring Reserve By Type of Cost and Segment [Table Text Block]
           

Performance

   

Advanced

   

Corporate

         
   

Polyurethanes

   

Products

   

Materials

   

and other

   

Total

 

Accrued liabilities as of January 1, 2025

  $ 20     $ 1     $ 4     $ 1     $ 26  

Charges

                             

Payments

    (2 )                 (1 )     (3 )

Accrued liabilities as of March 31, 2025

  $ 18     $ 1     $ 4     $     $ 23  
                                         

Current portion of restructuring reserves

  $ 18     $ 1     $ 1     $     $ 20  

Long-term portion of restructuring reserves

                3             3  
Schedule of Cash and Noncash Restructuring Charges By Type of Initiative [Table Text Block]
   

Three months ended

 
   

March 31,

 
   

2025

   

2024

 

Cash charges

  $     $ 8  

Noncash charges (credits):

               

Accelerated depreciation

    2       3  

Other noncash credits

    (1 )      

Total restructuring, impairment and plant closing costs

  $ 1     $ 11