Quarterly report [Sections 13 or 15(d)]

Unaudited Condensed Consolidated Balance Sheets (Parentheticals)

v3.25.2
Unaudited Condensed Consolidated Balance Sheets (Parentheticals) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Cash and cash equivalents [1] $ 399 $ 340
Accounts and notes receivable, allowance for doubtful accounts 8 8
Accounts and notes receivable [1] 805 718
Inventories [1] 896 917
Property, plant and equipment, net [1] 2,491 2,493
Other noncurrent assets [1] 752 722
Accrued liabilities [1] 421 416
Current portion of debt [1] 372 325
Current operating lease liabilities [1] 57 54
Long-term debt [1] 1,663 1,510
Noncurrent operating lease liabilities [1] 344 348
Other noncurrent liabilities [1] $ 345 $ 324
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 1,200,000,000 1,200,000,000
Common stock, shares issued (in shares) 263,203,589 262,751,907
Common stock, shares outstanding (in shares) 172,596,461 172,144,779
Treasury stock, shares (in shares) 90,607,128 90,607,128
Accounts and notes receivable [1] $ 805 $ 718
Asset Pledged as Collateral [Member]    
Accounts and notes receivable 287 233
Accounts and notes receivable 287 233
Huntsman International LLC [Member]    
Cash and cash equivalents [1] 399 340
Accounts and notes receivable, allowance for doubtful accounts 8 8
Accounts and notes receivable [1] 805 718
Inventories [1] 896 917
Property, plant and equipment, net [1] 2,491 2,493
Other noncurrent assets [1] 752 722
Accrued liabilities [1] 418 411
Current portion of debt [1] 372 325
Current operating lease liabilities [1] 57 54
Long-term debt [1] 1,663 1,510
Noncurrent operating lease liabilities [1] 344 348
Other noncurrent liabilities [1] 338 319
Accounts and notes receivable [1] $ 805 $ 718
Members' equity, units issued (in shares) 2,728 2,728
Members' equity, units outstanding (in shares) 2,728 2,728
Huntsman International LLC [Member] | Asset Pledged as Collateral [Member]    
Accounts and notes receivable $ 287 $ 233
Accounts and notes receivable 287 233
Variable Interest Entity, Primary Beneficiary [Member]    
Cash and cash equivalents 25 6
Accounts and notes receivable 20 19
Inventories 45 57
Property, plant and equipment, net 121 124
Other noncurrent assets 35 37
Accounts payable 108 111
Accrued liabilities 16 21
Current portion of debt 9 9
Current operating lease liabilities 8 6
Long-term debt 3 7
Noncurrent operating lease liabilities 12 15
Other noncurrent liabilities 16 16
Accounts and notes receivable 20 19
Variable Interest Entity, Primary Beneficiary [Member] | Huntsman International LLC [Member]    
Cash and cash equivalents 25 6
Accounts and notes receivable 20 19
Inventories 45 57
Property, plant and equipment, net 121 124
Other noncurrent assets 35 37
Accounts payable 108 111
Accrued liabilities 16 21
Current portion of debt 9 9
Current operating lease liabilities 8 6
Long-term debt 3 7
Noncurrent operating lease liabilities 12 15
Other noncurrent liabilities 16 16
Accounts and notes receivable $ 20 $ 19
[1] At June 30, 2025 and December 31, 2024, respectively, $25 and $6 of cash and cash equivalents, $20 and $19 of accounts and notes receivable (net), $45 and $57 of inventories, $121 and $124 of property, plant and equipment (net), $35 and $37 of other noncurrent assets, $108 and $111 of accounts payable, $16 and $21 of accrued liabilities, $9 each of current portion of debt, $8 and $6 of current operating lease liabilities, $3 and $7 of long-term debt, $12 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.