ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Debt (Details Textual)

v3.22.1
Note 8 - Debt (Details Textual)
� in Millions, $ in Millions
 3 Months Ended 12 Months Ended
Jan. 15, 2021
USD ($)
Jan. 15, 2021
EUR (�)
Mar. 31, 2022
USD ($)
Mar. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Debt Issuance Costs, Net, Total Ìý Ìý $ 9 Ìý $ 10
Long-term Debt, Current Maturities, Total [1] Ìý Ìý 21 Ìý 12
Long-term Debt, Excluding Current Maturities, Total [1] Ìý Ìý $ 1,529 Ìý 1,538
Arabian Amines Company [Member] Ìý Ìý Ìý Ìý Ìý
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage Ìý Ìý 50.00% Ìý Ìý
Arabian Amines Company [Member] | Saudi British Bank [Member] Ìý Ìý Ìý Ìý Ìý
Debt Instrument, Face Amount Ìý Ìý $ 50 Ìý Ìý
Long-term Debt, Current Maturities, Total Ìý Ìý 17 Ìý Ìý
Long-term Debt, Excluding Current Maturities, Total Ìý Ìý 33 Ìý Ìý
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] Ìý Ìý Ìý Ìý Ìý
Long-term Debt, Current Maturities, Total [1] Ìý Ìý 21 Ìý 12
Long-term Debt, Excluding Current Maturities, Total [1] Ìý Ìý 1,529 Ìý 1,538
The Revolving Credit Facility [Member] | ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] Ìý Ìý Ìý Ìý Ìý
Line of Credit Facility, Maximum Borrowing Capacity Ìý Ìý 1,200 Ìý $ 1,200
Letters of Credit Outstanding, Amount Ìý Ìý $ 3 Ìý Ìý
The Revolving Credit Facility [Member] | ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] | London Interbank Offered Rate (LIBOR) [Member] Ìý Ìý Ìý Ìý Ìý
Debt Instrument, Basis Spread on Variable Rate Ìý Ìý 1.50% Ìý 1.50% [2]
US Accounts Receivable Program Maturing July 2024 [Member] | ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] Ìý Ìý Ìý Ìý Ìý
Letters of Credit Outstanding, Amount Ìý Ìý $ 8 Ìý Ìý
Accounts Receivable Programs [Member] | ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] | Asset Pledged as Collateral [Member] Ìý Ìý Ìý Ìý Ìý
Accounts Receivable, after Allowance for Credit Loss, Total Ìý Ìý $ 372 Ìý $ 324
Senior Notes Maturing April 2021 [Member] Ìý Ìý Ìý Ìý Ìý
Debt Instrument, Amount Redeemed $ 541 â‚� 445 Ìý Ìý Ìý
Debt Instrument, Interest Rate, Stated Percentage 5.125% 5.125% Ìý Ìý Ìý
Debt Instrument, Redemption Price, Percentage 100.00% 100.00% Ìý Ìý Ìý
Incremental Cash Tax Liability Incurred During Period in Connection with Debt Redemption Ìý Ìý Ìý $ 15 Ìý
[1] At March 31, 2022 and December 31, 2021, respectively, $9 and $1 of cash and cash equivalents, $9 and $12 of accounts and notes receivable (net), $66 and $64 of inventories, $156 and $161 of property, plant and equipment (net), $25 and $23 of other noncurrent assets, $145 and $146 of accounts payable, $8 and $13 of accrued liabilities, $17 and $10 of current portion of debt, $6 each of current operating lease liabilities, $33 and $35 of long-term debt, $19 and $20 of noncurrent operating lease liabilities and $46 each of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities.�
[2] Interest rates on borrowings under the Revolving Credit Facility vary based on the type of loan and ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International’s debt ratings. The representative interest rate as of March 31, 2022 was 1.50% above LIBOR.