Huntsman CORP
For the period ended Mar 31, 2025. Filed May 2, 2025.
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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.
Mar 31, 2025 · Filed May 2, 2025
HUN$9.50-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Cash Flows
| Three months ended | ||
|---|---|---|
| March 31, | ||
| 2025 | 2024 | |
| Operating activities: | ||
| Net income (loss) | $11 | $(21) |
| Less: Loss from discontinued operations, net of tax | 1 | 7 |
| Income (loss) from continuing operations | 12 | (14) |
| Adjustments to reconcile income (loss) from continuing operations to net cash used in operating activities from continuing operations: | ||
| Equity in income of investment in unconsolidated affiliates | (1) | (19) |
| Depreciation and amortization | 69 | 69 |
| Noncash lease expense | 19 | 19 |
| Gain on acquisition of assets, net | (5) | (52) |
| Noncash prepaid asset write-off | — | 71 |
| Deferred income taxes | — | (32) |
| Noncash stock-based compensation | 7 | 8 |
| Other, net | 5 | 5 |
| Changes in operating assets and liabilities: | ||
| Accounts and notes receivable | (65) | (87) |
| Inventories | (101) | (38) |
| Prepaid expenses | 26 | — |
| Other current assets | (1) | (1) |
| Other noncurrent assets | (3) | (2) |
| Accounts payable | (32) | 30 |
| Accrued liabilities | 33 | (9) |
| Other noncurrent liabilities | (33) | (10) |
| Net cash used in operating activities from continuing operations | (70) | (62) |
| Net cash used in operating activities from discontinued operations | (3) | (2) |
| Net cash used in operating activities | (73) | (64) |
| Investing activities: | ||
| Capital expenditures | (36) | (42) |
| Cash received from return of investment in unconsolidated subsidiary | 41 | — |
| Cash received from sale of businesses, net | — | 12 |
| Increase in receivable from affiliate | (5) | (9) |
| Other, net | 1 | — |
| Net cash provided by (used in) investing activities | 1 | (39) |
| Financing activities: | ||
| Net borrowings on revolving loan facilities | 427 | 191 |
| Repayments of long-term debt | (319) | (3) |
| Principal payments on note payable | — | (28) |
| Dividends paid to parent | (43) | (43) |
| Other, net | (1) | (1) |
| Net cash provided by financing activities | 64 | 116 |
| Effect of exchange rate changes on cash | 2 | (1) |
| (Decrease) increase in cash and cash equivalents | (6) | 12 |
| Cash and cash equivalents at beginning of period | 340 | 540 |
| Cash and cash equivalents at end of period | $334 | $552 |
| Supplemental cash flow information: | ||
| Cash paid for interest | $8 | $12 |
| Cash paid for income taxes | 12 | 15 |
As of March 31, 2025 and 2024, the amount of capital expenditures in accounts payable was $20 million and $21 million, respectively.
See accompanying notes to condensed consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.