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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents [1] $ 552 $ 540
Accounts and notes receivable [1] 831 747
Inventories [1] 896 867
Other current assets 158 154
Total current assets 2,443 2,314
Property, plant and equipment, net [1] 2,571 2,376
Investment in unconsolidated affiliates 457 438
Intangible assets, net 378 387
Goodwill 640 644
Deferred income taxes 109 112
Operating lease right-of-use assets 411 366
Other noncurrent assets [1] 563 611
Total assets 7,572 7,248 Close
Current liabilities:    
Accrued liabilities [1] 386 395
Current portion of debt [1] 396 12
Current operating lease liabilities [1] 52 46
Total current liabilities 1,579 1,172
Long-term debt [1] 1,660 1,676
Deferred income taxes 225 243
Noncurrent operating lease liabilities [1] 378 334
Other noncurrent liabilities [1] 336 345
Total liabilities 4,178 3,770 Close
Commitments and contingencies (Notes 15 and 16)
Common stock $0.01 par value, 1,200,000,000 shares authorized, 262,728,837 and 262,190,459 shares issued and 172,121,709 and 171,583,331 shares outstanding, respectively 3 3
Additional paid-in capital 4,231 4,202
Treasury stock, 90,607,128 shares (2,290) (2,290)
Unearned stock-based compensation (51) (41)
Retained earnings 2,528 2,622
Accumulated other comprehensive loss (1,269) (1,245)
Total Huntsman Corporation stockholders’ equity 3,152 3,251
Noncontrolling interests in subsidiaries 242 227
Total equity 3,394 3,478 Close
Total liabilities and equity 7,572 7,248
Related Party [Member]    
Current assets:    
Accounts receivable from affiliates 6 6
Current liabilities:    
Accounts payable 22 59
Nonrelated Party [Member]    
Current liabilities:    
Accounts payable [1] 723 660
Huntsman International LLC [Member]    
Current assets:    
Cash and cash equivalents [1] 552 540
Accounts and notes receivable [1] 831 747
Inventories [1] 896 867
Other current assets 163 159
Total current assets 2,448 2,319
Property, plant and equipment, net [1] 2,571 2,376
Investment in unconsolidated affiliates 457 438
Intangible assets, net 378 387
Goodwill 640 644
Deferred income taxes 109 112
Operating lease right-of-use assets 411 366
Other noncurrent assets [1] 563 611
Total assets 7,577 7,253
Current liabilities:    
Accrued liabilities [1] 381 390
Current portion of debt [1] 396 12
Current operating lease liabilities [1] 52 46
Total current liabilities 1,574 1,166
Long-term debt [1] 1,660 1,676
Deferred income taxes 230 247
Noncurrent operating lease liabilities [1] 378 334
Other noncurrent liabilities [1] 332 339
Total liabilities 4,174 3,762
Retained earnings 622 709
Accumulated other comprehensive loss (1,254) (1,230)
Total equity 3,403 3,491
Total liabilities and equity 7,577 7,253
Members’ equity, 2,728 units issued and outstanding 3,793 3,785
Total Huntsman International LLC members’ equity 3,161 3,264
Noncontrolling interests in subsidiaries 242 227
Huntsman International LLC [Member] | Related Party [Member]    
Current assets:    
Accounts receivable from affiliates 6 6
Current liabilities:    
Accounts payable 22 59
Huntsman International LLC [Member] | Nonrelated Party [Member]    
Current liabilities:    
Accounts payable [1] $ 723 $ 659
[1] At March 31, 2024 and December 31, 2023, respectively, $15 and $2 of cash and cash equivalents, $18 and $16 of accounts and notes receivable (net), $52 and $48 of inventories, $151 and $150 of property, plant and equipment (net), $33 and $32 of other noncurrent assets, $89 and $84 of accounts payable, $21 and $20 of accrued liabilities, $9 each of current portion of debt, $7 and $8 of current operating lease liabilities, $15 and $17 of long-term debt, $19 and $21 of noncurrent operating lease liabilities and $16 and $15 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.