Quarterly report [Sections 13 or 15(d)]

Note 3 - Business Combinations and Acquisitions - Assets Acquired and Liabilities Assumed (Details)

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Note 3 - Business Combinations and Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Jan. 31, 2024
Inventories [1] $ 1,030 $ 917  
Property, plant and equipment [1] 2,494 2,493  
Other long-term assets [1] 722 722  
Deferred income taxes 61 69  
Operating lease right-of-use assets 381 382  
Noncurrent operating lease liabilities [1] (343) (348)  
Total $ 7,232 $ 7,114  
Shanghai Lianheng Isocyanate Company Ltd. (“SLIC”) [Member]      
Accounts Receivable, after Allowance for Credit Loss     $ 20
Inventories     10
Property, plant and equipment     231
Other long-term assets     24
Deferred income taxes     1
Operating lease right-of-use assets     3
Noncurrent operating lease liabilities     (3)
Total     $ 286
[1] At March 31, 2025 and December 31, 2024, respectively, $15 and $6 of cash and cash equivalents, $20 and $19 of accounts and notes receivable (net), $63 and $57 of inventories, $124 each of property, plant and equipment (net), $36 and $37 of other noncurrent assets, $108 and $111 of accounts payable, $17 and $21 of accrued liabilities, $9 each of current portion of debt, $9 and $6 of current operating lease liabilities, $5 and $7 of long-term debt, $13 and $15 of noncurrent operating lease liabilities and $16 each 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.