Huntsman Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Schedule I - Condensed Financial Information of Registrant (Tables)

Schedule I - Condensed Financial Information of Registrant (Tables)

12 Months Ended

Dec. 31, 2025

Condensed Balance Sheet [Table Text Block]

	*December 31,*
	*2025*			*2024*
ASSETS
Investment in and advances to affiliates	$	2,759		$	2,966
Total assets	$	2,759		$	2,966

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accrued liabilities	$	—		$	2
Total current liabilities		—			2
Other noncurrent liabilities		9			5
Total liabilities		9			7
STOCKHOLDERS’ EQUITY
Common stock $0.01 par value, 1,200,000,000 shares authorized, 263,229,465 and 262,751,907 shares issued and 172,622,337 and 172,144,779 shares outstanding, respectively		3			3
Additional paid-in capital		4,261			4,233
Treasury stock, 90,607,128 shares		(2,290	)		(2,290	)
Unearned stock-based compensation		(28	)		(32	)
Retained earnings		1,810			2,245
Accumulated other comprehensive loss		(1,006	)		(1,200	)
Total stockholders’ equity		2,750			2,959
Total liabilities and stockholders’ equity	$	2,759		$	2,966

Condensed Income Statement [Table Text Block]

	*Year ended December 31,*
	*2025*			*2024*			*2023*
Selling, general and administrative expenses	$	(3	)	$	(3	)	$	(3	)
Equity in loss of subsidiaries		(426	)		(358	)		(68	)
Dividend income—affiliate		145			172			172
Net (loss) income	$	(284	)	$	(189	)	$	101

Condensed Statement of Comprehensive Income [Table Text Block]

	*Year ended December 31,*
	*2025*			*2024*			*2023*
Net (loss) income	$	(284	)	$	(189	)	$	101
Other comprehensive income, net of tax:
Foreign currency translations adjustments		132			(61	)		34
Pension and other postretirement benefits adjustments		62			104			(4	)
Other, net		61			65			42
Other comprehensive income, net of tax		255			108			72
Comprehensive (loss) income		(29	)		(81	)		173
Comprehensive income attributable to noncontrolling interests		(61	)		(63	)		(49	)
Comprehensive (loss) income attributable to Huntsman Corporation	$	(90	)	$	(144	)	$	124

Condensed Statement of Stockholders' Equity [Table Text Block]

	*Huntsman Corporation Stockholders’ Equity*
																		*Accumulated*
	*Shares of*					*Additional*						*Unearned*						*other*
	*common*			*Common*		*paid-in*			*Treasury*			*stock-based*			*Retained*			*comprehensive*			*Total*
	*stock*			*stock*		*capital*			*stock*			*compensation*			*earnings*			*loss*			*equity*
Balance, January 1, 2023		183,634,464		$	3	$	4,156		$	(1,937	)	$	(35	)	$	2,705		$	(1,268	)	$	3,624
Net income		—			—		—			—			—			101			—			101
Other comprehensive income		—			—		—			—			—			—			23			23
Issuance of nonvested stock awards		—			—		32			—			(32	)		—			—			—
Vesting of stock awards		1,028,971			—		5			—			—			—			—			5
Recognition of stock-based compensation		—			—		1			—			26			—			—			27
Repurchase and cancellation of stock awards		(307,093	)		—		—			—			—			(10	)		—			(10	)
Stock options exercised		320,364			—		9			—			—			(4	)		—			5
Treasury stock repurchased		(13,093,375	)		—		—			(353	)		—			—			—			(353	)
Dividends declared on common stock		—			—		—			—			—			(170	)		—			(170	)
Acquisition of noncontrolling interests, net of tax		—			—		(1	)		—			—			—			—			(1	)
Balance, December 31, 2023		171,583,331			3		4,202			(2,290	)		(41	)		2,622			(1,245	)		3,251
Net loss		—			—		—			—			—			(189	)		—			(189	)
Other comprehensive income		—			—		—			—			—			—			45			45
Issuance of nonvested stock awards		—			—		20			—			(20	)		—			—			—
Vesting of stock awards		728,499			—		2			—			—			—			—			2
Recognition of stock-based compensation		—			—		—			—			29			—			—			29
Repurchase and cancellation of stock awards		(234,161	)		—		—			—			—			(5	)		—			(5	)
Stock options exercised		67,110			—		9			—			—			(9	)		—			—
Dividends declared on common stock		—			—		—			—			—			(174	)		—			(174	)
Balance, December 31, 2024		172,144,779			3		4,233			(2,290	)		(32	)		2,245			(1,200	)		2,959
Net loss		—			—		—			—			—			(284	)		—			(284	)
Other comprehensive income		—			—		—			—			—			—			194			194
Issuance of nonvested stock awards		—			—		25			—			(25	)		—			—			—
Vesting of stock awards		630,694			—		2			—			—			—			—			2
Recognition of stock-based compensation		—			—		—			—			29			—			—			29
Repurchase and cancellation of stock awards		(181,563	)		—		—			—			—			(3	)		—			(3	)
Stock options exercised		28,427			—		1			—			—			—			—			1
Dividends declared on common stock		—			—		—			—			—			(148	)		—			(148	)
Balance, December 31, 2025		172,622,337		$	3	$	4,261		$	(2,290	)	$	(28	)	$	1,810		$	(1,006	)	$	2,750

Condensed Cash Flow Statement [Table Text Block]

	*Year ended December 31,*
	*2025*			*2024*			*2023*
Operating activities:
Net (loss) income	$	(284	)	$	(189	)	$	101
Equity in loss of subsidiaries		426			358			68
Stock-based compensation		2			1			1
Changes in operating assets and liabilities		(2	)		2			—
Net cash provided by operating activities		142			172			170

Investing activities:
Net cash provided by investing activities		—			—			—

Financing activities:
Dividends paid to common stockholders		(146	)		(174	)		(169	)
Repurchase and cancellation of stock awards		(3	)		(5	)		(10	)
Repurchase of common stock		—			(4	)		(349	)
Proceeds from issuance of common stock		—			—			5
Increase in payable to affiliates		6			13			352
Other, net		1			(2	)		1
Net cash used in financing activities		(142	)		(172	)		(170	)
Decrease in cash and cash equivalents		—			—			—
Cash and cash equivalents at beginning of period		—			—			—
Cash and cash equivalents at end of period	$	—		$	—		$	—