Quarterly report [Sections 13 or 15(d)]

Note 7 - Restructuring, Impairment and Plant Closing Costs (Tables)

v3.26.1
Note 7 - Restructuring, Impairment and Plant Closing Costs (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
                   

Other

         
   

Workforce

   

Contract

   

restructuring

         
   

reductions

   

terminations

   

costs

   

Total

 

Accrued liabilities as of January 1, 2026

  $ 41     $ 4     $     $ 45  

Charges, net

    4             1       5  

Payments

    (11 )           (1 )     (12 )

Accrued liabilities as of March 31, 2026

  $ 34     $ 4     $     $ 38  
Schedule of Restructuring Reserve By Type of Cost and Segment [Table Text Block]
           

Performance

   

Advanced

         
   

Polyurethanes

   

Products

   

Materials

   

Total

 

Accrued liabilities as of January 1, 2026

  $ 37     $ 5     $ 3     $ 45  

Charges, net

    1             4       5  

Payments

    (11 )     (1 )           (12 )

Accrued liabilities as of March 31, 2026

  $ 27     $ 4     $ 7     $ 38  
                                 

Current portion of restructuring reserves

  $ 27     $ 4     $ 5     $ 36  

Long-term portion of restructuring reserves

                2       2  
Schedule of Cash and Noncash Restructuring Charges By Type of Initiative [Table Text Block]
   

Three months ended

 
   

March 31,

 
   

2026

   

2025

 

Cash charges, net

  $ 5     $  

Noncash charges:

               

Accelerated depreciation

    1       2  

Other noncash credits, net

          (1 )

Total restructuring, impairment and plant closing costs

  $ 6     $ 1