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Unaudited condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities:    
Net income $ 15 $ 197
Less: Income from discontinued operations, net of tax 0 (120)
Income from continuing operations 15 77
Adjustments to reconcile income from continuing operations to net cash used in operating activities from continuing operations:    
Equity in income of investment in unconsolidated affiliates (37) (40)
Cash received from return on investment in unconsolidated subsidiary 53 30
Depreciation and amortization 144 139
Noncash lease expense 38 34
Gain on acquisition of assets, net (51) 0
Noncash prepaid asset write-off 71 0
Deferred income taxes (33) (4)
Noncash stock-based compensation 16 15
Other, net 14 15
Changes in operating assets and liabilities:    
Accounts and notes receivable (130) 0
Inventories (71) (23)
Other current assets 9 31
Other noncurrent assets (20) (38)
Accounts payable 22 (198)
Accrued liabilities (21) (74)
Other noncurrent liabilities (27) (46)
Net cash used in operating activities from continuing operations (8) (82)
Net cash used in operating activities from discontinued operations (11) (36)
Net cash used in operating activities (19) (118) Close
Investing activities:    
Capital expenditures (92) (97)
Cash received from sale of businesses, net 12 541
Net cash (used in) provided by investing activities from continuing operations (80) 444
Net cash used in investing activities from discontinued operations 0 (4)
Net cash (used in) provided by investing activities (80) 440 Close
Financing activities:    
Net borrowings (repayments) on revolving loan facilities 252 (164)
Repayments of long-term debt (5) (6)
Principal payments on note payable (218) 0
Dividends paid to common stockholders (87) (87)
Distributions paid to noncontrolling interests (36) (4)
Repurchase and cancellation of awards (5) (9)
Repurchase of common stock (1) (194)
Other, net (2) 0
Net cash used in financing activities (102) (464) Close
Effect of exchange rate changes on cash (4) (10) Close
Decrease in cash and cash equivalents (205) (152) Close
Cash and cash equivalents at beginning of period 540 654
Cash and cash equivalents at end of period 335 502
Supplemental cash flow information:    
Cash paid for interest 41 34
Cash paid for income taxes 44 62
Huntsman International LLC [Member]    
Operating activities:    
Net income 17 199
Less: Income from discontinued operations, net of tax 0 (120)
Income from continuing operations 17 79
Adjustments to reconcile income from continuing operations to net cash used in operating activities from continuing operations:    
Equity in income of investment in unconsolidated affiliates (37) (40)
Cash received from return on investment in unconsolidated subsidiary 53 30
Depreciation and amortization 144 139
Noncash lease expense 38 34
Gain on acquisition of assets, net (51) 0
Noncash prepaid asset write-off 71 0
Deferred income taxes (32) (4)
Noncash stock-based compensation 15 14
Other, net 13 14
Changes in operating assets and liabilities:    
Accounts and notes receivable (130) 0
Inventories (71) (23)
Other current assets 9 37
Other noncurrent assets (20) (38)
Accounts payable 22 (197)
Accrued liabilities (21) (79)
Other noncurrent liabilities (27) (46)
Net cash used in operating activities from continuing operations (7) (80)
Net cash used in operating activities from discontinued operations (11) (36)
Net cash used in operating activities (18) (116)
Investing activities:    
Capital expenditures (92) (97)
Cash received from sale of businesses, net 12 541
Increase in receivable from affiliate (9) (204)
Net cash (used in) provided by investing activities from continuing operations (89) 240
Net cash used in investing activities from discontinued operations 0 (4)
Net cash (used in) provided by investing activities (89) 236
Financing activities:    
Net borrowings (repayments) on revolving loan facilities 252 (164)
Repayments of long-term debt (5) (6)
Principal payments on note payable (218) 0
Dividends paid to parent (86) (88)
Distributions paid to noncontrolling interests (36) (4)
Other, net (1) 0
Net cash used in financing activities (94) (262)
Effect of exchange rate changes on cash (4) (10)
Decrease in cash and cash equivalents (205) (152)
Cash and cash equivalents at beginning of period 540 654
Cash and cash equivalents at end of period 335 502
Supplemental cash flow information:    
Cash paid for interest 41 34
Cash paid for income taxes $ 44 $ 62