Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC (UNAUDITED) (Details 2)

v2.3.0.15
CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC (UNAUDITED) (Details 2) (USD $)
In Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:        
Trade sales, services and fees, net $ 2,923 $ 2,360 $ 8,445 $ 6,689
Related party sales 53 41 144 149
Total revenues 2,976 2,401 8,589 6,838
Cost of goods sold 2,486 1,986 7,138 5,757
Gross profit 490 415 1,451 1,081
Selling, general and administrative 217 202 691 628
Research and development 42 39 123 111
Other operating (income) expense (1) 3 7 2
Restructuring, impairment and plant closing costs 155 4 171 24
Operating income 77 167 459 316
Interest (expense) income, net (63) (64) (187) (168)
Equity in income (loss) of investment in affiliates and subsidiaries 2 3 6 20
Loss on early extinguishment of debt (2) (7) (5) (169)
Other (expense) income (1) 2   3
(Loss) income from continuing operations before income taxes 13 98 273 (2)
Income tax benefit (expense) (55) (41) (111) (46)
(Loss) income from continuing operations (42) 57 162 (48)
(Loss) income from discontinued operations, net of tax 10 (1) (5) 48
(Loss) income before extraordinary gain (32) 56 157  
Extraordinary gain on the acquisition of a business, net of tax of nil     2  
Net (loss) income (32) 56 159  
Net income attributable to noncontrolling interests (2) (1) (17) (3)
Net (loss) income attributable to Huntsman Corporation or Huntsman International LLC (34) 55 142 (3)
Parent Company
        
Revenues:        
Trade sales, services and fees, net 247 209 682 599
Related party sales 161 69 353 194
Total revenues 408 278 1,035 793
Cost of goods sold 360 228 901 659
Gross profit 48 50 134 134
Selling, general and administrative 35 56 119 126
Research and development 13 12 37 36
Other operating (income) expense (2) (10) 31 (37)
Restructuring, impairment and plant closing costs   1   3
Operating income 2 (9) (53) 6
Interest (expense) income, net (54) (59) (164) (156)
Equity in income (loss) of investment in affiliates and subsidiaries 19 108 300 283
Loss on early extinguishment of debt (2) (7) (5) (23)
Other (expense) income   1 (16) (9)
(Loss) income from continuing operations before income taxes (35) 34 62 101
Income tax benefit (expense) 11 22 87 57
(Loss) income from continuing operations (24) 56 149 158
(Loss) income from discontinued operations, net of tax (7) 2   (9)
(Loss) income before extraordinary gain     149  
Net (loss) income (31) 58 149 149
Net (loss) income attributable to Huntsman Corporation or Huntsman International LLC (31) 58 149 149
Guarantors
        
Revenues:        
Trade sales, services and fees, net 870 701 2,534 1,858
Related party sales 117 122 400 370
Total revenues 987 823 2,934 2,228
Cost of goods sold 821 687 2,403 1,924
Gross profit 166 136 531 304
Selling, general and administrative 20 22 77 66
Research and development 9 8 25 22
Other operating (income) expense 15 (32) (23) 1
Operating income 122 138 452 215
Interest (expense) income, net 11 10 32 28
Equity in income (loss) of investment in affiliates and subsidiaries (73) 16 (12) 65
(Loss) income from continuing operations before income taxes 60 164 472 308
Income tax benefit (expense) (46) (53) (166) (88)
(Loss) income from continuing operations 14 111 306 220
(Loss) income from discontinued operations, net of tax (1)   (1) 68
(Loss) income before extraordinary gain     305  
Net (loss) income 13 111 305 288
Net income attributable to noncontrolling interests (1) (1) (2) (2)
Net (loss) income attributable to Huntsman Corporation or Huntsman International LLC 12 110 303 286
Non-guarantors
        
Revenues:        
Trade sales, services and fees, net 1,803 1,450 5,229 4,232
Related party sales 299 237 868 734
Total revenues 2,102 1,687 6,097 4,966
Cost of goods sold 1,827 1,452 5,283 4,298
Gross profit 275 235 814 668
Selling, general and administrative 161 124 492 433
Research and development 20 19 61 53
Other operating (income) expense (14) 45 (1) 28
Restructuring, impairment and plant closing costs 155 3 171 21
Operating income (47) 44 91 133
Interest (expense) income, net (23) (20) (65) (54)
Equity in income (loss) of investment in affiliates and subsidiaries 2 6 7 25
Other (expense) income   1   3
(Loss) income from continuing operations before income taxes (68) 31 33 107
Income tax benefit (expense) (20) (9) (32) (25)
(Loss) income from continuing operations (88) 22 1 82
(Loss) income from discontinued operations, net of tax 18 (3) (4) (11)
(Loss) income before extraordinary gain     (3)  
Extraordinary gain on the acquisition of a business, net of tax of nil     2  
Net (loss) income (70) 19 (1) 71
Net income attributable to noncontrolling interests (1) (2) (9) (4)
Net (loss) income attributable to Huntsman Corporation or Huntsman International LLC (71) 17 (10) 67
Eliminations.
        
Revenues:        
Trade sales, services and fees, net 3      
Related party sales (524) (387) (1,477) (1,149)
Total revenues (521) (387) (1,477) (1,149)
Cost of goods sold (527) (386) (1,463) (1,137)
Gross profit 6 (1) (14) (12)
Operating income 6 (1) (14) (12)
Equity in income (loss) of investment in affiliates and subsidiaries 54 (127) (289) (353)
Other (expense) income (1) (1) 16 9
(Loss) income from continuing operations before income taxes 59 (129) (287) (356)
(Loss) income from continuing operations 59 (129) (287) (356)
(Loss) income before extraordinary gain     (287)  
Net (loss) income 59 (129) (287) (356)
Net income attributable to noncontrolling interests   2 (6) 3
Net (loss) income attributable to Huntsman Corporation or Huntsman International LLC 59 (127) (293) (353)
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
        
Revenues:        
Trade sales, services and fees, net 2,923 2,360 8,445 6,689
Related party sales 53 41 144 149
Total revenues 2,976 2,401 8,589 6,838
Cost of goods sold 2,481 1,981 7,124 5,744
Gross profit 495 420 1,465 1,094
Selling, general and administrative 216 202 688 625
Research and development 42 39 123 111
Other operating (income) expense (1) 3 7 (8)
Restructuring, impairment and plant closing costs 155 4 171 24
Operating income 83 172 476 342
Interest (expense) income, net (66) (69) (197) (182)
Equity in income (loss) of investment in affiliates and subsidiaries 2 3 6 20
Loss on early extinguishment of debt (2) (7) (5) (23)
Other (expense) income (1) 1   3
(Loss) income from continuing operations before income taxes 16 100 280 160
Income tax benefit (expense) (55) (40) (111) (56)
(Loss) income from continuing operations (39) 60 169 104
(Loss) income from discontinued operations, net of tax 10 (1) (5) 48
(Loss) income before extraordinary gain (29) 59 164 152
Extraordinary gain on the acquisition of a business, net of tax of nil     2  
Net (loss) income (29) 59 166 152
Net income attributable to noncontrolling interests (2) (1) (17) (3)
Net (loss) income attributable to Huntsman Corporation or Huntsman International LLC $ (31) $ 58 $ 149 $ 149