LyondellBasell Industries NV
For the period ended Mar 31, 2024. Filed Apr 26, 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.
Mar 31, 2024 · Filed Apr 26, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Revenues
- Revenues
Contract Balances—Contract liabilities were $139 million and $175 million at March 31, 2024 and December 31, 2023, respectively. Revenue recognized in each reporting period that was included in the contract liability balance at the beginning of the period was immaterial.
Disaggregation of Revenues—The following table presents our revenues disaggregated by key products:
| Three Months EndedMarch 31, | ||
|---|---|---|
| Millions of dollars | 2024 | 2023 |
| Sales and other operating revenues: | ||
| Olefins and co-products | $908 | $883 |
| Polyethylene | 1,898 | 2,016 |
| Polypropylene | 1,498 | 1,526 |
| Propylene oxide and derivatives | 602 | 641 |
| Oxyfuels and related products | 1,110 | 1,233 |
| Intermediate chemicals | 789 | 746 |
| Compounding and solutions | 960 | 995 |
| Refined products | 1,958 | 2,057 |
| Other | 202 | 150 |
| Total | $9,925 | $10,247 |
The following table presents our revenues disaggregated by geography, based upon the location of the customer:
| Three Months EndedMarch 31, | ||
|---|---|---|
| Millions of dollars | 2024 | 2023 |
| Sales and other operating revenues: | ||
| United States | $4,788 | $4,852 |
| Germany | 660 | 786 |
| China | 606 | 514 |
| Mexico | 436 | 430 |
| Italy | 401 | 376 |
| France | 257 | 294 |
| Poland | 242 | 239 |
| Japan | 234 | 365 |
| The Netherlands | 185 | 233 |
| Other | 2,116 | 2,158 |
| Total | $9,925 | $10,247 |
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