| Schedule of revenues and EBITDA for each of entity's reportable operating segments |
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Three months ended
September 30, |
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Nine months ended
September 30, |
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2011 |
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2010 |
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2011 |
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2010 |
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Net Sales:
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| |
Polyurethanes
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$ |
1,209 |
|
$ |
960 |
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$ |
3,391 |
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$ |
2,659 |
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| |
Performance Products
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|
846 |
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|
678 |
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2,546 |
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|
1,963 |
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| |
Advanced Materials
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|
349 |
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|
318 |
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|
1,059 |
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|
929 |
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| |
Textile Effects
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|
|
173 |
|
|
190 |
|
|
563 |
|
|
598 |
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| |
Pigments
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|
455 |
|
|
327 |
|
|
1,243 |
|
|
883 |
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| |
Eliminations
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(56 |
) |
|
(72 |
) |
|
(213 |
) |
|
(194 |
) |
| |
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| |
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Total
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$ |
2,976 |
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$ |
2,401 |
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$ |
8,589 |
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$ |
6,838 |
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Huntsman Corporation:
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Segment EBITDA(1):
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|
|
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|
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|
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|
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| |
Polyurethanes
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|
$ |
136 |
|
$ |
99 |
|
$ |
392 |
|
$ |
220 |
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| |
Performance Products
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|
|
97 |
|
|
101 |
|
|
325 |
|
|
277 |
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| |
Advanced Materials
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|
|
2 |
|
|
42 |
|
|
69 |
|
|
126 |
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Textile Effects
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|
|
(157 |
) |
|
7 |
|
|
(175 |
) |
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|
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| |
Pigments
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|
|
161 |
|
|
64 |
|
|
357 |
|
|
139 |
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Corporate and other(2)
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|
|
(52 |
) |
|
(53 |
) |
|
(196 |
) |
|
(305 |
) |
| |
|
|
|
|
|
|
|
|
|
| |
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Subtotal
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|
187 |
|
|
260 |
|
|
772 |
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|
457 |
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| |
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Discontinued Operations(3)
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|
17 |
|
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(3 |
) |
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(6 |
) |
|
76 |
|
| |
|
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| |
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Total
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|
204 |
|
|
257 |
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|
766 |
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|
533 |
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Interest expense, net
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(63 |
) |
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(64 |
) |
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(187 |
) |
|
(168 |
) |
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Income tax expensecontinuing operations
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|
|
(55 |
) |
|
(41 |
) |
|
(111 |
) |
|
(46 |
) |
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Income tax benefit (expense)discontinued operations
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|
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(7 |
) |
|
2 |
|
|
1 |
|
|
(27 |
) |
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Depreciation and amortization
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|
|
(113 |
) |
|
(99 |
) |
|
(327 |
) |
|
(295 |
) |
| |
|
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|
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| |
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Net (loss) income attributable to Huntsman Corporation
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|
$ |
(34 |
) |
$ |
55 |
|
$ |
142 |
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$ |
(3 |
) |
| |
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Huntsman International:
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Segment EBITDA(1):
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|
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|
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| |
Polyurethanes
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$ |
136 |
|
$ |
99 |
|
$ |
392 |
|
$ |
220 |
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| |
Performance Products
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|
97 |
|
|
101 |
|
|
325 |
|
|
277 |
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| |
Advanced Materials
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|
|
2 |
|
|
42 |
|
|
69 |
|
|
126 |
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| |
Textile Effects
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|
|
(157 |
) |
|
7 |
|
|
(175 |
) |
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|
|
| |
Pigments
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|
|
161 |
|
|
64 |
|
|
357 |
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|
139 |
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Corporate and other(2)
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|
(52 |
) |
|
(50 |
) |
|
(196 |
) |
|
(145 |
) |
| |
|
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| |
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Subtotal
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|
187 |
|
|
263 |
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|
772 |
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|
617 |
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| |
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Discontinued Operations(3)
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|
17 |
|
|
(3 |
) |
|
(6 |
) |
|
76 |
|
| |
|
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|
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| |
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Total
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|
204 |
|
|
260 |
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|
766 |
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|
693 |
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Interest expense, net
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|
(66 |
) |
|
(69 |
) |
|
(197 |
) |
|
(182 |
) |
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Income tax expensecontinuing operations
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(55 |
) |
|
(40 |
) |
|
(111 |
) |
|
(56 |
) |
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Income tax benefit (expense)discontinued operations
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(7 |
) |
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2 |
|
|
1 |
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(27 |
) |
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Depreciation and amortization
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|
(107 |
) |
|
(95 |
) |
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(310 |
) |
|
(279 |
) |
| |
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Net (loss) income attributable to Huntsman International LLC
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$ |
(31 |
) |
$ |
58 |
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$ |
149 |
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$ |
149 |
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- (1)
- Segment EBITDA is defined as net income (loss) attributable to Huntsman Corporation or Huntsman International LLC, as appropriate, before interest, income tax, depreciation and amortization, and certain Corporate and other items.
- (2)
- Corporate and other includes unallocated corporate overhead, unallocated foreign exchange gains and losses, LIFO inventory valuation reserve adjustments, loss on early extinguishment of debt, unallocated restructuring, impairment and plant closing costs and nonoperating income and expense.
- (3)
- The operating results of our former polymers, base chemicals and Australian styrenics businesses are classified as discontinued operations, and, accordingly, the revenues of these businesses are excluded for all periods presented. The EBITDA of our former polymers, base chemicals and Australian styrenics businesses are included in discontinued operations for all periods presented. For more information, see "Note 17. Discontinued Operations."
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