Huntsman CORP
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
HUN$9.50-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Balance Sheets
(In Millions, Except Share and Per Share Amounts)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents(1) | $330 | $540 |
| Accounts and notes receivable (net of allowance for doubtful accounts of $12 and $13, respectively), ($278 and $224 pledged as collateral, respectively)(1) | 822 | 747 |
| Accounts receivable from affiliates | 7 | 6 |
| Inventories(1) | 1,004 | 867 |
| Other current assets | 130 | 154 |
| Total current assets | 2,293 | 2,314 |
| Property, plant and equipment, net(1) | 2,580 | 2,376 |
| Investment in unconsolidated affiliates | 361 | 438 |
| Intangible assets, net | 358 | 387 |
| Goodwill | 643 | 644 |
| Deferred income taxes | 108 | 112 |
| Operating lease right-of-use assets | 400 | 366 |
| Other noncurrent assets(1) | 591 | 611 |
| Total assets | $7,334 | $7,248 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable(1) | $726 | $660 |
| Accounts payable to affiliates | 19 | 59 |
| Accrued liabilities(1) | 414 | 395 |
| Current portion of debt(1) | 346 | 12 |
| Current operating lease liabilities(1) | 55 | 46 |
| Total current liabilities | 1,560 | 1,172 |
| Long-term debt(1) | 1,513 | 1,676 |
| Deferred income taxes | 249 | 243 |
| Noncurrent operating lease liabilities(1) | 364 | 334 |
| Other noncurrent liabilities(1) | 303 | 345 |
| Total liabilities | 3,989 | 3,770 |
| Commitments and contingencies (Notes 15 and 16) | ||
| Equity | ||
| Huntsman Corporation stockholders’ equity: | ||
| Common stock $0.01 par value, 1,200,000,000 shares authorized, 262,747,715 and 262,190,459 shares issued and 172,140,587 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 | (39) | (41) |
| Retained earnings | 2,430 | 2,622 |
| Accumulated other comprehensive loss | (1,224) | (1,245) |
| Total Huntsman Corporation stockholders’ equity | 3,112 | 3,251 |
| Noncontrolling interests in subsidiaries | 233 | 227 |
| Total equity | 3,345 | 3,478 |
| Total liabilities and equity | $7,334 | $7,248 |
| (1) | At September 30, 2024 and December 31, 2023, respectively, $23 and $2 of cash and cash equivalents, $19 and $16 of accounts and notes receivable (net), $63 and $48 of inventories, $153 and $150 of property, plant and equipment (net), $32 each of other noncurrent assets, $93 and $84 of accounts payable, $15 and $20 of accrued liabilities, $9 each of current portion of debt, $6 and $8 of current operating lease liabilities, $10 and $17 of long-term debt, $16 and $21 of noncurrent operating lease liabilities and $15 each 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. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.