Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities:    
Net loss $ (39) $ (145)
Less: Loss from discontinued operations, net of tax 6 1
Loss from continuing operations (33) (144)
Adjustments to reconcile loss from continuing operations to net cash provided by operating activities from continuing operations:    
Equity in income of investment in unconsolidated affiliates (17) 0
Cash received from return on investment in unconsolidated affiliates 5 17
Depreciation and amortization 227 214
Noncash lease expense 60 57
Gain on sale of Gomet business, net (22) [1] 0
Gain on acquisition of assets, net 0 (5)
Noncash restructuring and impairment charges 4 93
Deferred income taxes (2) (13)
Noncash stock-based compensation 23 23
Other, net 3 6
Changes in operating assets and liabilities:    
Accounts and notes receivable (214) (26)
Inventories (104) 114
Prepaid expenses 15 61
Other current assets 12 (12)
Other noncurrent assets (63) (27)
Accounts payable 129 (89)
Accrued liabilities 29 16
Other noncurrent liabilities (50) (64)
Net cash provided by operating activities from continuing operations 2 221
Net cash used in operating activities from discontinued operations (5) (8)
Net cash (used in) provided by operating activities (3) 213
Investing activities:    
Capital expenditures (101) (116)
Cash received from sale of business, net 48 0
Cash received from return of investment in unconsolidated subsidiary 0 41
Other, net 5 1
Net cash used in investing activities (48) (74)
Financing activities:    
Net borrowings on revolving loan facilities 47 457
Repayments of long-term debt (9) (324)
Dividends paid to common stockholders (47) (131)
Distributions paid to noncontrolling interests (6) (13)
Repurchase and cancellation of awards (3) (3)
Other, net (4) 0
Net cash used in financing activities (22) (14)
(Decrease) increase in cash and cash equivalents (70) 128
Cash and cash equivalents at beginning of period 429 340
Cash and cash equivalents at end of period 359 468
Effect of exchange rate changes on cash 3 3
Supplemental cash flow information:    
Cash paid for interest 51 49
Cash paid for income taxes 38 79
Huntsman International LLC [Member]    
Operating activities:    
Net loss (39) (143)
Less: Loss from discontinued operations, net of tax 6 1
Loss from continuing operations (33) (142)
Adjustments to reconcile loss from continuing operations to net cash provided by operating activities from continuing operations:    
Equity in income of investment in unconsolidated affiliates (17) 0
Cash received from return on investment in unconsolidated affiliates 5 17
Depreciation and amortization 227 214
Noncash lease expense 60 57
Gain on sale of Gomet business, net (22) [1] 0
Gain on acquisition of assets, net 0 (5)
Noncash restructuring and impairment charges 4 93
Deferred income taxes 1 (12)
Other, net 2 6
Noncash compensation 22 21
Changes in operating assets and liabilities:    
Accounts and notes receivable (214) (26)
Inventories (104) 114
Prepaid expenses 15 61
Other current assets 12 (12)
Other noncurrent assets (63) (27)
Accounts payable 129 (89)
Accrued liabilities 29 16
Other noncurrent liabilities (50) (64)
Net cash provided by operating activities from continuing operations 3 222
Net cash used in operating activities from discontinued operations (5) (8)
Net cash (used in) provided by operating activities (2) 214
Investing activities:    
Capital expenditures (101) (116)
Cash received from sale of business, net 48 0
Cash received from return of investment in unconsolidated subsidiary 0 41
Other, net 4 1
Net cash used in investing activities (54) (79)
Increase in receivable from affiliate (5) (5)
Financing activities:    
Net borrowings on revolving loan facilities 47 457
Repayments of long-term debt (9) (324)
Distributions paid to noncontrolling interests (6) (13)
Other, net (6) (1)
Net cash used in financing activities (17) (10)
(Decrease) increase in cash and cash equivalents (70) 128
Cash and cash equivalents at beginning of period 429 340
Cash and cash equivalents at end of period 359 468
Dividends paid to parent (43) (129)
Effect of exchange rate changes on cash 3 3
Supplemental cash flow information:    
Cash paid for interest 51 49
Cash paid for income taxes $ 38 $ 79
[1] Gain on sale of business/assets, net includes $22 million related to the gain on sale of our Gomet business. See “Note 1. General—Recent Developments—Sale of Huntsman Gomet Business.”