Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues:        
Trade sales, services and fees, net $ 2,789 $ 2,691 $ 8,198 $ 8,406
Related party sales 53 50 176 162
Total revenues 2,842 2,741 8,374 8,568
Cost of goods sold 2,335 2,204 7,067 6,954
Gross profit 507 537 1,307 1,614
Operating expenses:        
Selling, general and administrative 238 220 697 673
Research and development 35 35 105 112
Other operating (income) expense (1)   6 7
Restructuring, impairment and plant closing costs 37 47 110 52
Total expenses 309 302 918 844
Operating income 198 235 389 770
Interest expense, net (48) (56) (146) (172)
Equity in income of investment in unconsolidated affiliates 3 2 6 5
Loss on early extinguishment of debt   (1) (35) (2)
Other income   1 2 2
Income from continuing operations before income taxes 153 181 216 603
Income tax expense (81) (61) (105) (186)
Income from continuing operations 72 120 111 417
Loss from discontinued operations, net of tax (2) (1) (4) (7)
Income before extraordinary gain 70 119 107 410
Extraordinary gain on the acquisition of a business, net of tax of nil   1   1
Net income 70 120 107 411
Net income attributable to noncontrolling interests (6) (4) (20) (8)
Net income attributable to Huntsman Corporation or Huntsman International LLC 64 116 87 403
Basic income (loss) per share:        
Income from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.28 $ 0.49 $ 0.38 $ 1.72
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share) $ (0.01)   $ (0.02) $ (0.02)
Net income attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.27 $ 0.49 $ 0.36 $ 1.70
Weighted average shares (in shares) 239.8 237.9 239.5 237.4
Diluted income (loss) per share:        
Income from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.27 $ 0.48 $ 0.38 $ 1.70
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share) $ (0.01)   $ (0.02) $ (0.02)
Net income attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.26 $ 0.48 $ 0.36 $ 1.68
Weighted average shares (in shares) 242.5 240.8 242.1 240.3
Amounts attributable to Huntsman Corporation common stockholders:        
Income from continuing operations 66 116 91 409
Loss from discontinued operations, net of tax (2) (1) (4) (7)
Extraordinary gain on the acquisition of a business, net of tax   1   1
Net income 64 116 87 403
Dividends per share (in dollars per share) $ 0.125 $ 0.10 $ 0.375 $ 0.30
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
        
Revenues:        
Trade sales, services and fees, net 2,789 2,691 8,198 8,406
Related party sales 53 50 176 162
Total revenues 2,842 2,741 8,374 8,568
Cost of goods sold 2,331 2,199 7,054 6,940
Gross profit 511 542 1,320 1,628
Operating expenses:        
Selling, general and administrative 236 220 692 669
Research and development 35 35 105 112
Other operating (income) expense (1)   6 7
Restructuring, impairment and plant closing costs 37 47 110 52
Total expenses 307 302 913 840
Operating income 204 240 407 788
Interest expense, net (51) (59) (156) (181)
Equity in income of investment in unconsolidated affiliates 3 2 6 5
Loss on early extinguishment of debt   (1) (35) (2)
Other income   1 2 2
Income from continuing operations before income taxes 156 183 224 612
Income tax expense (80) (62) (106) (188)
Income from continuing operations 76 121 118 424
Loss from discontinued operations, net of tax (2) (1) (4) (7)
Income before extraordinary gain 74 120 114 417
Extraordinary gain on the acquisition of a business, net of tax of nil   1   1
Net income 74 121 114 418
Net income attributable to noncontrolling interests (6) (4) (20) (8)
Net income attributable to Huntsman Corporation or Huntsman International LLC 68 117 94 410
Amounts attributable to Huntsman Corporation common stockholders:        
Extraordinary gain on the acquisition of a business, net of tax   1   1
Net income $ 68 $ 117 $ 94 $ 410