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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Revenues $ 1,663 [1] $ 1,458 $ 3,083 [1] $ 2,868
Cost of goods sold 1,418 1,276 2,655 2,485
Gross profit 245 182 428 383
Operating expenses:        
Selling, general and administrative 183 160 346 326
Research and development 28 33 57 65
Restructuring, impairment and plant closing costs 9 124 15 125
Gain on sale of business, net (22) [2] 0 (22) [2] 0
Income associated with litigation matter, net 0 0 0 (33)
Gain on acquisition of assets, net 0 0 0 (5)
Other operating expense (income), net 10 (15) 11 (17)
Total operating expenses 208 302 407 461
Operating income (loss) 37 (120) 21 (78)
Interest expense, net (23) (21) (44) (40)
Equity in income (loss) of investment in unconsolidated affiliates 5 (2) 10 (1)
Other income, net 7 4 10 7
Income (loss) from continuing operations before income taxes 26 (139) (3) (112)
Income tax expense (17) (7) (28) (22)
Income (loss) from continuing operations 9 (146) (31) (134)
(Loss) income from discontinued operations, net of tax (2) 1 (3) 0
Net income (loss) 7 (145) (34) (134)
Net income attributable to noncontrolling interests (13) (13) (25) (29)
Net loss attributable to Huntsman Corporation $ (6) $ (158) $ (59) $ (163)
Basic loss per share:        
Loss from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.02) $ (0.92) $ (0.32) $ (0.94)
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share) (0.01) 0 (0.02) 0
Net loss attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.03) $ (0.92) $ (0.34) $ (0.94)
Weighted average shares (in shares) 173.4 172.6 173.2 172.5
Diluted loss per share:        
Loss from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.02) $ (0.92) $ (0.32) $ (0.94)
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share) (0.01) 0 (0.02) 0
Net loss attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.03) $ (0.92) $ (0.34) $ (0.94)
Weighted average shares (in shares) 173.4 172.6 173.2 172.5
Amounts attributable to parent        
Loss from continuing operations $ (4) $ (159) $ (56) $ (163)
(Loss) income from discontinued operations, net of tax (2) 1 (3) 0
Net loss (6) (158) (59) (163)
Huntsman International LLC [Member]        
Revenues:        
Revenues 1,663 1,458 3,083 2,868
Cost of goods sold 1,418 1,276 2,655 2,485
Gross profit 245 182 428 383
Operating expenses:        
Selling, general and administrative 183 160 344 324
Research and development 28 33 57 65
Restructuring, impairment and plant closing costs 9 124 15 125
Gain on sale of business, net (22) [2] 0 (22) [2] 0
Income associated with litigation matter, net 0 0 0 (33)
Gain on acquisition of assets, net 0 0 0 (5)
Other operating expense (income), net 10 (15) 11 (17)
Total operating expenses 208 302 405 459
Operating income (loss) 37 (120) 23 (76)
Interest expense, net (23) (21) (44) (40)
Equity in income (loss) of investment in unconsolidated affiliates 5 (2) 10 (1)
Other income, net 7 4 10 7
Income (loss) from continuing operations before income taxes 26 (139) (1) (110)
Income tax expense (17) (5) (28) (22)
Income (loss) from continuing operations 9 (144) (29) (132)
(Loss) income from discontinued operations, net of tax (2) 1 (3) 0
Net income (loss) 7 (143) (32) (132)
Net income attributable to noncontrolling interests (13) (13) (25) (29)
Net loss attributable to Huntsman Corporation (6) (156) (57) (161)
Amounts attributable to parent        
Loss from continuing operations (4) (157) (54) (161)
(Loss) income from discontinued operations, net of tax (2) 1 (3) 0
Net loss (6) (156) (57) (161)
Third Party Customers [Member]        
Revenues:        
Revenues 1,627 1,433 3,014 2,807
Third Party Customers [Member] | Huntsman International LLC [Member]        
Revenues:        
Revenues 1,627 1,433 3,014 2,807
Related Party Customers [Member]        
Revenues:        
Revenues 36 25 69 61
Related Party Customers [Member] | Huntsman International LLC [Member]        
Revenues:        
Revenues $ 36 $ 25 $ 69 $ 61
[1] Geographic information for revenues is based upon countries into which product is sold.
[2] 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.”