Quarterly report [Sections 13 or 15(d)]

Unaudited Condensed Consolidated Statements of Cash Flows

v3.25.3
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Operating activities:              
Net loss $ (11) $ 11 $ (17) $ (23) $ (145) $ (2)  
Less: loss from discontinued operations, net of tax 1   12   1 12  
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (10)   (5)   (144) 10  
Adjustments to reconcile (loss) income from continuing operations to net cash provided by operating activities from continuing operations:              
Equity in income of investment in unconsolidated affiliates (1)   (5)   0 (42)  
Cash received from return on investment in unconsolidated affiliates         17 90  
Depreciation and amortization 73   70   214 214  
Noncash lease expense         57 57  
Gain on acquisition of assets, net         (5) (51)  
Noncash prepaid asset write-off         0 71  
Noncash restructuring and impairment charges         93 9  
Deferred income taxes         (13) (4)  
Noncash stock-based compensation         23 23  
Other, net         6 10  
Changes in operating assets and liabilities:              
Accounts and notes receivable         (26) (72)  
Inventories         114 (137)  
Prepaid expenses         61 9  
Other current assets         (12) (11)  
Other noncurrent assets         (27) (25)  
Accounts payable         (103) 21  
Accrued liabilities         30 21  
Other noncurrent liabilities         (64) (67)  
Net cash provided by operating activities from continuing operations         221 126  
Net cash used in operating activities from discontinued operations         (8) (16)  
Net cash provided by operating activities         213 110  
Investing activities:              
Capital expenditures         (116) (133)  
Cash received from return of investment in unconsolidated subsidiary         41 30  
Cash received from sale of businesses, net         0 16  
Other, net         1 0  
Net cash used in investing activities         (74) (87)  
Financing activities:              
Net borrowings (repayments) on revolving loan facilities         457 (169)  
Proceeds from long-term debt         0 349  
Repayments of long-term debt         (324) (8)  
Principal payments on note payable         0 (218)  
Dividends paid to common stockholders         (131) (130)  
Distributions paid to noncontrolling interests         (13) (44)  
Repurchase and cancellation of awards         (3) (5)  
Repurchase of common stock         0 (1)  
Other, net         0 (5)  
Net cash used in financing activities         (14) (231)  
Other, net         0 (5)  
Effect of exchange rate changes on cash         3 (2)  
Increase (decrease) in cash and cash equivalents         128 (210)  
Cash and cash equivalents at beginning of period   340   540 340 540 $ 540
Cash and cash equivalents at end of period 468   330   468 330 340
Supplemental cash flow information:              
Cash paid for interest         49 55  
Cash paid for income taxes         79 60  
Huntsman International LLC [Member]              
Operating activities:              
Net loss (11) 11 (16) (21) (143) 1  
Less: loss from discontinued operations, net of tax 1   12   1 12  
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (10)   (4)   (142) 13  
Adjustments to reconcile (loss) income from continuing operations to net cash provided by operating activities from continuing operations:              
Equity in income of investment in unconsolidated affiliates (1)   (5)   0 (42)  
Cash received from return on investment in unconsolidated affiliates         17 90  
Depreciation and amortization 73   70   214 214  
Noncash lease expense         57 57  
Gain on acquisition of assets, net         (5) (51)  
Noncash prepaid asset write-off         0 71  
Noncash restructuring and impairment charges         93 9  
Deferred income taxes         (12) (4)  
Noncash stock-based compensation         21 22  
Other, net         6 9  
Changes in operating assets and liabilities:              
Accounts and notes receivable         (26) (72)  
Inventories         114 (137)  
Prepaid expenses         61 9  
Other current assets         (12) (11)  
Other noncurrent assets         (27) (25)  
Accounts payable         (103) 21  
Accrued liabilities         30 21  
Other noncurrent liabilities         (64) (67)  
Net cash provided by operating activities from continuing operations         222 127  
Net cash used in operating activities from discontinued operations         (8) (16)  
Net cash provided by operating activities         214 111  
Investing activities:              
Capital expenditures         (116) (133)  
Cash received from return of investment in unconsolidated subsidiary         41 30  
Cash received from sale of businesses, net         0 16  
Other, net         1 0  
Net cash used in investing activities         (79) (96)  
Increase in receivable from affiliate         (5) (9)  
Financing activities:              
Net borrowings (repayments) on revolving loan facilities         457 (169)  
Proceeds from long-term debt         0 349  
Repayments of long-term debt         (324) (8)  
Principal payments on note payable         0 (218)  
Distributions paid to noncontrolling interests         (13) (44)  
Other, net         (1) (4)  
Net cash used in financing activities         (10) (223)  
Dividends paid to parent         (129) (129)  
Other, net         (1) (4)  
Effect of exchange rate changes on cash         3 (2)  
Increase (decrease) in cash and cash equivalents         128 (210)  
Cash and cash equivalents at beginning of period   $ 340   $ 540 340 540 540
Cash and cash equivalents at end of period $ 468   $ 330   468 330 $ 340
Supplemental cash flow information:              
Cash paid for interest         49 55  
Cash paid for income taxes         $ 79 $ 60