Quarterly report [Sections 13 or 15(d)]

Note 9 - Debt (Details Textual)

v3.25.1
Note 9 - Debt (Details Textual) - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2025
May 20, 2022
Mar. 31, 2025
Dec. 31, 2024
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]     Secured Overnight Financing Rate (SOFR) [Member]  
Long-Term Debt     $ 1,954 $ 1,835
Long-Term Debt, Current Maturities [1]     284 325
Long-Term Debt, Excluding Current Maturities [1]     1,670 1,510
Debt Issuance Costs, Net     $ 8 9
Arabian Amines Company [Member]        
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage     50.00%  
Long-Term Debt     $ 14  
Long-Term Debt, Current Maturities     9  
Long-Term Debt, Excluding Current Maturities     5  
Accounts Receivable Programs [Member]        
Long-Term Debt     163 0
Huntsman International LLC [Member]        
Long-Term Debt, Current Maturities [1]     284 325
Long-Term Debt, Excluding Current Maturities [1]     1,670 1,510
Huntsman International LLC [Member] | The Revolving Credit Facility [Member]        
Line of Credit Facility, Maximum Borrowing Capacity   $ 1,200 1,200  
Line Of Credit Facility, Contingent Increase, Additional Borrowing Capacity   $ 500    
Letters of Credit Outstanding, Amount     $ 3  
Debt Instrument, Basis Spread on Variable Rate [2],[3]     1.475%  
Huntsman International LLC [Member] | Senior Notes Maturing April 2025 [Member]        
Debt Instrument, Interest Rate, Stated Percentage 4.25%      
Repayments of Senior Debt $ 315      
Huntsman International LLC [Member] | Accounts Receivable Programs [Member]        
Letters of Credit Outstanding, Amount     $ 5  
Huntsman International LLC [Member] | Accounts Receivable Programs [Member] | Asset Pledged as Collateral [Member]        
Accounts Receivable, after Allowance for Credit Loss     $ 271 $ 233
[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.
[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 March 31, 2025 was 1.475% above Term SOFR.
[3] On March 31, 2025, we had an additional $3 million (U.S. dollar equivalent) of letters of credit and bank guarantees issued and outstanding under our 2022 Revolving Credit Facility.