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Unaudited condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities:    
Net (loss) income $ (23) $ 166
Less: Loss (income) from discontinued operations, net of tax 7 (122)
(Loss) income from continuing operations (16) 44
Adjustments to reconcile (loss) income from continuing operations to net cash used in operating activities from continuing operations:    
Equity in income of investment in unconsolidated affiliates (19) (12)
Depreciation and amortization 69 69
Noncash lease expense 19 17
Gain on acquisition of assets, net (52) 0
Noncash prepaid asset write-off 71 0
Deferred income taxes (33) (20)
Noncash stock-based compensation 9 9
Other, net 6 0
Changes in operating assets and liabilities:    
Accounts and notes receivable (87) (23)
Inventories (38) (50)
Other current assets (1) 23
Other noncurrent assets (2) (17)
Accounts payable 30 (75)
Accrued liabilities (9) (70)
Other noncurrent liabilities (10) (17)
Net cash used in operating activities from continuing operations (63) (122)
Net cash used in operating activities from discontinued operations (2) (32)
Net cash used in operating activities (65) (154) Close
Investing activities:    
Capital expenditures (42) (46)
Cash received from sale of businesses, net 12 541
Other, net 0 (2)
Net cash (used in) provided by investing activities from continuing operations (30) 493
Net cash used in investing activities from discontinued operations 0 (4)
Net cash (used in) provided by investing activities (30) 489 Close
Financing activities:    
Net borrowings (repayments) on revolving loan facilities 191 (220)
Repayments of long-term debt (3) (4)
Principal payments on note payable (28) 0
Dividends paid to common stockholders (44) (44)
Distributions paid to noncontrolling interests 0 (4)
Repurchase and cancellation of awards (5) (9)
Repurchase of common stock (1) (97)
Other, net (2) (1)
Net cash provided by (used in) financing activities 108 (379) Close
Effect of exchange rate changes on cash (1) 5 Close
Increase (decrease) in cash and cash equivalents 12 (39) Close
Cash and cash equivalents at beginning of period 540 654
Cash and cash equivalents at end of period 552 615
Supplemental cash flow information:    
Cash paid for interest 12 10
Cash paid for income taxes 15 29
Huntsman International LLC [Member]    
Operating activities:    
Net (loss) income (21) 168
Less: Loss (income) from discontinued operations, net of tax 7 (122)
(Loss) income from continuing operations (14) 46
Adjustments to reconcile (loss) income from continuing operations to net cash used in operating activities from continuing operations:    
Equity in income of investment in unconsolidated affiliates (19) (12)
Depreciation and amortization 69 69
Noncash lease expense 19 17
Gain on acquisition of assets, net (52) 0
Noncash prepaid asset write-off 71 0
Deferred income taxes (32) (19)
Noncash stock-based compensation 8 8
Other, net 5 (3)
Changes in operating assets and liabilities:    
Accounts and notes receivable (87) (23)
Inventories (38) (50)
Other current assets (1) 29
Other noncurrent assets (2) (17)
Accounts payable 30 (75)
Accrued liabilities (9) (75)
Other noncurrent liabilities (10) (17)
Net cash used in operating activities from continuing operations (62) (122)
Net cash used in operating activities from discontinued operations (2) (32)
Net cash used in operating activities (64) (154)
Investing activities:    
Capital expenditures (42) (46)
Cash received from sale of businesses, net 12 541
Other, net 0 (1)
Net cash (used in) provided by investing activities from continuing operations (39) 385
Net cash used in investing activities from discontinued operations 0 (4)
Net cash (used in) provided by investing activities (39) 381
Increase in receivable from affiliate (9) (109)
Financing activities:    
Net borrowings (repayments) on revolving loan facilities 191 (220)
Repayments of long-term debt (3) (4)
Principal payments on note payable (28) 0
Distributions paid to noncontrolling interests 0 (4)
Other, net (1) 0
Net cash provided by (used in) financing activities 116 (271)
Dividends paid to parent (43) (43)
Effect of exchange rate changes on cash (1) 5
Increase (decrease) in cash and cash equivalents 12 (39)
Cash and cash equivalents at beginning of period 540 654
Cash and cash equivalents at end of period 552 615
Supplemental cash flow information:    
Cash paid for interest 12 10
Cash paid for income taxes $ 15 $ 29