Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Trade sales, services and fees, net $ 2,693 $ 2,635
Related party sales 62 67
Total revenues 2,755 2,702
Cost of goods sold 2,305 2,353
Gross profit 450 349
Operating expenses:    
Selling, general and administrative 229 226
Research and development 36 36
Other operating income (4) (7)
Restructuring, impairment and plant closing costs 39 44
Total expenses 300 299
Operating income 150 50
Interest expense (48) (51)
Equity in income of investment in unconsolidated affiliates 2 1
Loss on early extinguishment of debt   (35)
Other income 1  
Income (loss) from continuing operations before income taxes 105 (35)
Income tax (expense) benefit (36) 20
Income (loss) from continuing operations 69 (15)
Loss from discontinued operations, net of tax (7) (2)
Net income (loss) 62 (17)
Net income attributable to noncontrolling interests (8) (7)
Net income (loss) attributable to Huntsman Corporation or Huntsman International LLC 54 (24)
Basic income (loss) per share:    
Income (loss) from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.25 $ (0.09)
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share) $ (0.03) $ (0.01)
Net income (loss) attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.22 $ (0.10)
Weighted average shares (in shares) 240.9 239.0
Diluted income (loss) per share:    
Income (loss) from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.25 $ (0.09)
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share) $ (0.03) $ (0.01)
Net income (loss) attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.22 $ (0.10)
Weighted average shares (in shares) 244.5 239.0
Amounts attributable to Huntsman Corporation common stockholders:    
Income (loss) from continuing operations 61 (22)
Loss from discontinued operations, net of tax (7) (2)
Net income (loss) 54 (24)
Dividends per share (in dollars per share) $ 0.125 $ 0.125
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
    
Revenues:    
Trade sales, services and fees, net 2,693 2,635
Related party sales 62 67
Total revenues 2,755 2,702
Cost of goods sold 2,300 2,349
Gross profit 455 353
Operating expenses:    
Selling, general and administrative 227 224
Research and development 36 36
Other operating income (4) (7)
Restructuring, impairment and plant closing costs 39 44
Total expenses 298 297
Operating income 157 56
Interest expense (51) (54)
Equity in income of investment in unconsolidated affiliates 2 1
Loss on early extinguishment of debt   (35)
Other income 1  
Income (loss) from continuing operations before income taxes 109 (32)
Income tax (expense) benefit (37) 18
Income (loss) from continuing operations 72 (14)
Loss from discontinued operations, net of tax (7) (2)
Net income (loss) 65 (16)
Net income attributable to noncontrolling interests (8) (7)
Net income (loss) attributable to Huntsman Corporation or Huntsman International LLC 57 (23)
Amounts attributable to Huntsman Corporation common stockholders:    
Net income (loss) $ 57 $ (23)