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Note 10 - Revenue Recognition | 9 Months Ended
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Sep. 30, 2023
Notes to Financial Statements |
Revenue from Contract with Customer [Text Block] | 10. REVENUE RECOGNITION​ The following tables disaggregate our revenue from continuing operations by major source for the three months ended September 30, 2023 and 2022 (dollars in millions):
|  |  |  |  |  | Performance |  |  | Advanced |  |  | Corporate and |  |  |  |  |
2023 |  | Polyurethanes |  |  | Products |  |  | Materials |  |  | eliminations |  |  | Total |
Primary geographic markets(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. and Canada |  | $ | 364 |  |  | $ | 132 |  |  | $ | 82 |  |  | $ | (4 | ) |  | $ | 574 |
Europe |  |  | 255 |  |  |  | 57 |  |  |  | 96 |  |  |  | (2 | ) |  |  | 406 |
Asia Pacific |  |  | 276 |  |  |  | 65 |  |  |  | 68 |  |  |  | — |  |  |  | 409 |
Rest of world |  |  | 72 |  |  |  | 23 |  |  |  | 22 |  |  |  | — |  |  |  | 117 |
|  | $ | 967 |  |  | $ | 277 |  |  | $ | 268 |  |  | $ | (6 | ) |  | $ | 1,506 |
Major product groupings |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
MDI urethanes |  | $ | 967 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 967 |
Differentiated |  |  |  |  |  | $ | 277 |  |  |  |  |  |  |  |  |  |  |  | 277 |
Specialty |  |  |  |  |  |  |  |  |  | $ | 256 |  |  |  |  |  |  |  | 256 |
Other |  |  |  |  |  |  |  |  |  |  | 12 |  |  |  |  |  |  |  | 12 |
Eliminations |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (6 | ) |  |  | (6 | )
|  | $ | 967 |  |  | $ | 277 |  |  | $ | 268 |  |  | $ | (6 | ) |  | $ | 1,506 |
|  |  |  |  |  | Performance |  |  | Advanced |  |  | Corporate and |  |  |  |  |
2022 |  | Polyurethanes |  |  | Products |  |  | Materials |  |  | eliminations |  |  | Total |
Primary geographic markets(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. and Canada |  | $ | 547 |  |  | $ | 216 |  |  | $ | 104 |  |  | $ | (3 | ) |  | $ | 864 |
Europe |  |  | 280 |  |  |  | 90 |  |  |  | 114 |  |  |  | (3 | ) |  |  | 481 |
Asia Pacific |  |  | 335 |  |  |  | 97 |  |  |  | 82 |  |  |  | (1 | ) |  |  | 513 |
Rest of world |  |  | 95 |  |  |  | 31 |  |  |  | 28 |  |  |  | (1 | ) |  |  | 153 |
|  | $ | 1,257 |  |  | $ | 434 |  |  | $ | 328 |  |  | $ | (8 | ) |  | $ | 2,011 |
Major product groupings |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
MDI urethanes |  | $ | 1,257 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 1,257 |
Differentiated |  |  |  |  |  | $ | 434 |  |  |  |  |  |  |  |  |  |  |  | 434 |
Specialty |  |  |  |  |  |  |  |  |  | $ | 306 |  |  |  |  |  |  |  | 306 |
Other |  |  |  |  |  |  |  |  |  |  | 22 |  |  |  |  |  |  |  | 22 |
Eliminations |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (8 | ) |  |  | (8 | )
|  | $ | 1,257 |  |  | $ | 434 |  |  | $ | 328 |  |  | $ | (8 | ) |  | $ | 2,011 |
(1) | Geographic information for revenues is based upon countries into which product is sold.
​ The following tables disaggregate our revenue from continuing operations by major source for the nine months ended September 30, 2023 and 2022 (dollars in millions):
|  |  |  |  |  | Performance |  |  | Advanced |  |  | Corporate and |  |  |  |  |
2023 |  | Polyurethanes |  |  | Products |  |  | Materials |  |  | eliminations |  |  | Total |
Primary geographic markets(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. and Canada |  | $ | 1,138 |  |  | $ | 429 |  |  | $ | 254 |  |  | $ | (9 | ) |  | $ | 1,812 |
Europe |  |  | 805 |  |  |  | 199 |  |  |  | 322 |  |  |  | (11 | ) |  |  | 1,315 |
Asia Pacific |  |  | 794 |  |  |  | 218 |  |  |  | 199 |  |  |  | (1 | ) |  |  | 1,210 |
Rest of world |  |  | 233 |  |  |  | 72 |  |  |  | 66 |  |  |  | — |  |  |  | 371 |
|  | $ | 2,970 |  |  | $ | 918 |  |  | $ | 841 |  |  | $ | (21 | ) |  | $ | 4,708 |
Major product groupings |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
MDI urethanes |  | $ | 2,970 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,970 |
Differentiated |  |  |  |  |  | $ | 918 |  |  |  |  |  |  |  |  |  |  |  | 918 |
Specialty |  |  |  |  |  |  |  |  |  | $ | 791 |  |  |  |  |  |  |  | 791 |
Other |  |  |  |  |  |  |  |  |  |  | 50 |  |  |  |  |  |  |  | 50 |
Eliminations |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (21 | ) |  |  | (21 | )
|  | $ | 2,970 |  |  | $ | 918 |  |  | $ | 841 |  |  | $ | (21 | ) |  | $ | 4,708 |
|  |  |  |  |  | Performance |  |  | Advanced |  |  | Corporate and |  |  |  |  |
2022 |  | Polyurethanes |  |  | Products |  |  | Materials |  |  | eliminations |  |  | Total |
Primary geographic markets(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. and Canada |  | $ | 1,678 |  |  | $ | 644 |  |  | $ | 320 |  |  | $ | (10 | ) |  | $ | 2,632 |
Europe |  |  | 983 |  |  |  | 327 |  |  |  | 365 |  |  |  | (11 | ) |  |  | 1,664 |
Asia Pacific |  |  | 1,027 |  |  |  | 341 |  |  |  | 227 |  |  |  | (4 | ) |  |  | 1,591 |
Rest of world |  |  | 308 |  |  |  | 94 |  |  |  | 87 |  |  |  | (3 | ) |  |  | 486 |
|  | $ | 3,996 |  |  | $ | 1,406 |  |  | $ | 999 |  |  | $ | (28 | ) |  | $ | 6,373 |
Major product groupings |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
MDI urethanes |  | $ | 3,996 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 3,996 |
Differentiated |  |  |  |  |  | $ | 1,406 |  |  |  |  |  |  |  |  |  |  |  | 1,406 |
Specialty |  |  |  |  |  |  |  |  |  | $ | 921 |  |  |  |  |  |  |  | 921 |
Other |  |  |  |  |  |  |  |  |  |  | 78 |  |  |  |  |  |  |  | 78 |
Eliminations |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (28 | ) |  |  | (28 | )
|  | $ | 3,996 |  |  | $ | 1,406 |  |  | $ | 999 |  |  | $ | (28 | ) |  | $ | 6,373 |
(1) | Geographic information for revenues is based upon countries into which product is sold.

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