Huntsman Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)

9 Months Ended

Sep. 30, 2014

Rockwood Acquisition

Allocation of acquisition cost to the assets acquired and liabilities assumed

The preliminary allocation of acquisition cost to the assets acquired and liabilities assumed is summarized as follows (dollars in millions):


Acquisition cost	$	1,039




Fair value of assets acquired and liabilities assumed:
Cash	$	68
Accounts receivable, net		248
Inventories		485
Prepaid expenses and other current assets		31
Property, plant and equipment		423
Intangible assets		188
Deferred income taxes, non-current		106
Other assets		10
Accounts payable		(154	)
Accrued compensation		(45	)
Accrued expenses and other current liabilities		(45	)
Long-term debt, current		(2	)
Long-term debt, non-current		(4	)
Pension and related liabilities		(240	)
Other liabilities		(30	)


Total fair value of net assets acquired	$	1,039

Oxid

Business Combinations

Allocation of acquisition cost to the assets acquired and liabilities assumed

The allocation of acquisition cost to the assets acquired and liabilities assumed is summarized as follows (dollars in millions):


Cash paid for acquisition	$	66
Contingent consideration		10


Acquisition cost	$	76




Fair value of assets acquired and liabilities assumed:
Accounts receivable	$	9
Inventories		14
Property, plant and equipment		22
Intangible assets		36
Accounts payable		(4	)
Accrued liabilities		(1	)


Total fair value of net assets acquired	$	76

Estimated pro forma revenues and net income

If the Oxid Acquisition were to have occurred on January 1, 2013, the following estimated pro forma revenues and net income attributable to Huntsman Corporation would have been reported (dollars in millions):

	Pro Forma

	Three months ended September 30, 2013 (Unaudited)		Nine months ended September 30, 2013 (Unaudited)
Revenues	$	2,868	$	8,446
Net income attributable to Huntsman Corporation		67		94

Oxid | HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES

Business Combinations

Estimated pro forma revenues and net income

If the Oxid Acquisition were to have occurred on January 1, 2013, the following estimated pro forma revenues and net income attributable to Huntsman International would have been reported (dollars in millions):

	Pro Forma

	Three months ended September 30, 2013 (Unaudited)		Nine months ended September 30, 2013 (Unaudited)
Revenues	$	2,868	$	8,446
Net income attributable to Huntsman International		71		101