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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents [1] $ 335 $ 540
Accounts and notes receivable [1] 870 747
Inventories [1] 923 867
Other current assets 119 154
Total current assets 2,254 2,314
Property, plant and equipment, net [1] 2,549 2,376
Investment in unconsolidated affiliates 420 438
Intangible assets, net 366 387
Goodwill 640 644
Deferred income taxes 109 112
Operating lease right-of-use assets 402 366
Other noncurrent assets [1] 577 611
Total assets 7,317 7,248 Close
Current liabilities:    
Accrued liabilities [1] 369 395
Current portion of debt [1] 576 12
Current operating lease liabilities [1] 53 46
Total current liabilities 1,729 1,172
Long-term debt [1] 1,344 1,676
Deferred income taxes 221 243
Noncurrent operating lease liabilities [1] 368 334
Other noncurrent liabilities [1] 319 345
Total liabilities 3,981 3,770 Close
Commitments and contingencies (Notes 15 and 16)
Common stock $0.01 par value, 1,200,000,000 shares authorized, 262,737,608 and 262,190,459 shares issued and 172,130,480 and 171,583,331 shares outstanding, respectively 3 3
Additional paid-in capital 4,232 4,202
Treasury stock, 90,607,128 shares (2,290) (2,290)
Unearned stock-based compensation (45) (41)
Retained earnings 2,507 2,622
Accumulated other comprehensive loss (1,293) (1,245)
Total Huntsman Corporation stockholders’ equity 3,114 3,251
Noncontrolling interests in subsidiaries 222 227
Total equity 3,336 3,478 Close
Total liabilities and equity 7,317 7,248
Related Party [Member]    
Current assets:    
Accounts receivable from affiliates 7 6
Current liabilities:    
Accounts payable 23 59
Nonrelated Party [Member]    
Current liabilities:    
Accounts payable [1] 708 660
Huntsman International LLC [Member]    
Current assets:    
Cash and cash equivalents [1] 335 540
Accounts and notes receivable [1] 870 747
Inventories [1] 923 867
Other current assets 124 159
Total current assets 2,259 2,319
Property, plant and equipment, net [1] 2,549 2,376
Investment in unconsolidated affiliates 420 438
Intangible assets, net 366 387
Goodwill 640 644
Deferred income taxes 109 112
Operating lease right-of-use assets 402 366
Other noncurrent assets [1] 577 611
Total assets 7,322 7,253
Current liabilities:    
Accrued liabilities [1] 364 390
Current portion of debt [1] 576 12
Current operating lease liabilities [1] 53 46
Total current liabilities 1,724 1,166
Long-term debt [1] 1,344 1,676
Deferred income taxes 226 247
Noncurrent operating lease liabilities [1] 368 334
Other noncurrent liabilities [1] 315 339
Total liabilities 3,977 3,762
Commitments and contingencies (Notes 15 and 16)
Retained earnings 601 709
Accumulated other comprehensive loss (1,278) (1,230)
Total equity 3,345 3,491
Total liabilities and equity 7,322 7,253
Members’ equity, 2,728 units issued and outstanding 3,800 3,785
Total Huntsman International LLC members’ equity 3,123 3,264
Noncontrolling interests in subsidiaries 222 227
Huntsman International LLC [Member] | Related Party [Member]    
Current assets:    
Accounts receivable from affiliates 7 6
Current liabilities:    
Accounts payable 23 59
Huntsman International LLC [Member] | Nonrelated Party [Member]    
Current liabilities:    
Accounts payable [1] $ 708 $ 659
[1] At June 30, 2024 and December 31, 2023, respectively, $11 and $2 of cash and cash equivalents, $20 and $16 of accounts and notes receivable (net), $58 and $48 of inventories, $151 and $150 of property, plant and equipment (net), $32 each of other noncurrent assets, $103 and $84 of accounts payable, $18 and $20 of accrued liabilities, $9 each of current portion of debt, $6 and $8 of current operating lease liabilities, $12 and $17 of long-term debt, $18 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.