v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Revenues $ 1,420 [1] $ 1,410
Cost of goods sold 1,237 1,209
Gross profit 183 201
Operating expenses:    
Selling, general and administrative 163 166
Research and development 29 32
Restructuring, impairment and plant closing costs 6 1
Income associated with litigation matter, net 0 (33)
Gain on acquisition of assets, net 0 (5)
Other operating expense (income), net 1 (2)
Total operating expenses 199 159
Operating (loss) income (16) 42
Interest expense, net (21) (19)
Equity in income of investment in unconsolidated affiliates 5 1
Other income, net 3 3
(Loss) income from continuing operations before income taxes (29) 27
Income tax expense (11) (15)
(Loss) income from continuing operations (40) 12
Loss from discontinued operations, net of tax (1) (1)
Net (loss) income (41) 11
Net income attributable to noncontrolling interests (12) (16)
Net loss attributable to Huntsman Corporation $ (53) $ (5)
Basic loss per share:    
Loss from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.3) $ (0.02)
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share) (0.01) (0.01)
Net loss attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.31) $ (0.03)
Weighted average shares (in shares) 173.0 172.4
Diluted loss per share:    
Loss from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.3) $ (0.02)
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share) (0.01) (0.01)
Net loss attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.31) $ (0.03)
Weighted average shares (in shares) 173.0 172.4
Amounts attributable to parent    
Loss from continuing operations $ (52) $ (4)
Loss from discontinued operations, net of tax (1) (1)
Net loss (53) (5)
Huntsman International LLC [Member]    
Revenues:    
Revenues 1,420 1,410
Cost of goods sold 1,237 1,209
Gross profit 183 201
Operating expenses:    
Selling, general and administrative 161 164
Research and development 29 32
Restructuring, impairment and plant closing costs 6 1
Income associated with litigation matter, net 0 (33)
Gain on acquisition of assets, net 0 (5)
Other operating expense (income), net 1 (2)
Total operating expenses 197 157
Operating (loss) income (14) 44
Interest expense, net (21) (19)
Equity in income of investment in unconsolidated affiliates 5 1
Other income, net 3 3
(Loss) income from continuing operations before income taxes (27) [2] 29
Income tax expense (11) (17)
(Loss) income from continuing operations (38) 12
Loss from discontinued operations, net of tax (1) (1)
Net (loss) income (39) 11
Net income attributable to noncontrolling interests (12) (16)
Net loss attributable to Huntsman Corporation (51) (5)
Amounts attributable to parent    
Loss from continuing operations (50) (4)
Loss from discontinued operations, net of tax (1) (1)
Net loss (51) (5)
Third Party Customers [Member]    
Revenues:    
Revenues 1,387 1,374
Third Party Customers [Member] | Huntsman International LLC [Member]    
Revenues:    
Revenues 1,387 1,374
Related Party Customers [Member]    
Revenues:    
Revenues 33 36
Related Party Customers [Member] | Huntsman International LLC [Member]    
Revenues:    
Revenues $ 33 $ 36
[1] Geographic information for revenues is based upon countries into which product is sold.
[2] Includes costs associated with transition activities relating primarily to [our program to realign our cost structure in Europe and our Corporate program to optimize our global approach to managed services in various information technology functions].