Quarterly report pursuant to Section 13 or 15(d)

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

v3.2.0.727
CONDENSED CONSOLIDATING FINANCIAL INFORMATION OF HUNTSMAN INTERNATIONAL LLC (UNAUDITED) (Details 2) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Trade sales, services and fees, net $ 2,697 $ 2,921 $ 5,257 $ 5,614
Related party sales 43 67 72 129
Total revenues 2,740 2,988 5,329 5,743
Cost of goods sold 2,191 2,483 4,330 4,788
Gross profit 549 505 999 955
Selling, general and administrative 249 244 495 473
Research and development 41 37 83 73
Other operating (income) expense (1) (5) (9) (9)
Restructuring, impairment and plant closing costs 114 13 207 52
Operating income (loss) 146 216 223 366
Interest (expense) income (53) (51) (109) (99)
Equity in income (loss) of investment in affiliates and subsidiaries 3 2 5 4
Loss on early extinguishment of debt (20)   (23)  
Other income (loss) (1)   (2) 1
Income from continuing operations before income taxes 75 167 94 272
Income tax benefit (expense) (34) (43) (36) (79)
Income from continuing operations 41 124 58 193
Income (loss) from discontinued operations, net of tax (2)   (4) (7)
Net income 39 124 54 186
Net income attributable to noncontrolling interests (10) (5) (20) (13)
Net income (loss) attributable to Huntsman Corporation or Huntsman International LLC 29 119 34 173
Other comprehensive income 59 11 (111) 18
Comprehensive income attributable to noncontrolling interests (12) 2 (15) (10)
Comprehensive income (loss) income attributable to Huntsman Corporation or Huntsman International LLC 86 137 (72) 194
Huntsman International        
Revenues:        
Trade sales, services and fees, net 2,697 2,921 5,257 5,614
Related party sales 43 67 72 129
Total revenues 2,740 2,988 5,329 5,743
Cost of goods sold 2,191 2,482 4,328 4,782
Gross profit 549 506 1,001 961
Selling, general and administrative 248 243 492 470
Research and development 41 37 83 73
Other operating (income) expense (2) (5) (9) (9)
Restructuring, impairment and plant closing costs 114 13 207 52
Operating income (loss) 148 218 228 375
Interest (expense) income (56) (52) (114) (103)
Equity in income (loss) of investment in affiliates and subsidiaries 3 2 5 4
Loss on early extinguishment of debt (20)   (23)  
Other income (loss)     (1) 1
Income from continuing operations before income taxes 75 168 95 277
Income tax benefit (expense) (34) (43) (37) (80)
Income from continuing operations 41 125 58 197
Income (loss) from discontinued operations, net of tax (2)   (4) (7)
Net income 39 125 54 190
Net income attributable to noncontrolling interests (10) (5) (20) (13)
Net income (loss) attributable to Huntsman Corporation or Huntsman International LLC 29 120 34 177
Other comprehensive income 60 13 (108) 21
Comprehensive income attributable to noncontrolling interests (12) 2 (15) (10)
Comprehensive income (loss) income attributable to Huntsman Corporation or Huntsman International LLC 87 140 (69) 201
Reportable legal entities | Huntsman International | Parent Company        
Revenues:        
Trade sales, services and fees, net 268 311 525 571
Related party sales 71 79 139 176
Total revenues 339 390 664 747
Cost of goods sold 258 321 519 621
Gross profit 81 69 145 126
Selling, general and administrative 39 52 84 83
Research and development 11 13 22 24
Other operating (income) expense (1) (7) (29) (10)
Restructuring, impairment and plant closing costs 1 4 1 2
Operating income (loss) 31 7 67 27
Interest (expense) income (56) (46) (113) (93)
Equity in income (loss) of investment in affiliates and subsidiaries 73 137 98 216
Loss on early extinguishment of debt (20)   (23)  
Other income (loss)   1 1 2
Income from continuing operations before income taxes 28 99 30 152
Income tax benefit (expense) 2 19 6 23
Income from continuing operations 30 118 36 175
Income (loss) from discontinued operations, net of tax (1) 2 (2) 2
Net income 29 120 34 177
Net income (loss) attributable to Huntsman Corporation or Huntsman International LLC 29 120 34 177
Other comprehensive income 58 19 (103) 23
Comprehensive income (loss) income attributable to Huntsman Corporation or Huntsman International LLC 87 139 (69) 200
Reportable legal entities | Huntsman International | Guarantors        
Revenues:        
Trade sales, services and fees, net 658 850 1,237 1,616
Related party sales 137 127 259 257
Total revenues 795 977 1,496 1,873
Cost of goods sold 594 765 1,173 1,474
Gross profit 201 212 323 399
Selling, general and administrative 56 40 96 78
Research and development 12 10 22 19
Other operating (income) expense (11) (2) (10) (7)
Restructuring, impairment and plant closing costs 4   4 2
Operating income (loss) 140 164 211 307
Interest (expense) income 8 10 16 18
Equity in income (loss) of investment in affiliates and subsidiaries (23) 15 (39) 2
Other income (loss) (1)   (8)  
Income from continuing operations before income taxes 124 189 180 327
Income tax benefit (expense) (49) (50) (72) (106)
Income from continuing operations 75 139 108 221
Income (loss) from discontinued operations, net of tax (1)   (1)  
Net income 74 139 107 221
Net income (loss) attributable to Huntsman Corporation or Huntsman International LLC 74 139 107 221
Other comprehensive income 109 56 182 153
Comprehensive income (loss) income attributable to Huntsman Corporation or Huntsman International LLC 183 195 289 374
Reportable legal entities | Huntsman International | Nonguarantors        
Revenues:        
Trade sales, services and fees, net 1,771 1,760 3,495 3,427
Related party sales 290 371 557 712
Total revenues 2,061 2,131 4,052 4,139
Cost of goods sold 1,796 1,908 3,519 3,704
Gross profit 265 223 533 435
Selling, general and administrative 153 151 312 309
Research and development 18 14 39 30
Other operating (income) expense 10 4 30 8
Restructuring, impairment and plant closing costs 109 9 202 48
Operating income (loss) (25) 45 (50) 40
Interest (expense) income (8) (16) (17) (28)
Equity in income (loss) of investment in affiliates and subsidiaries 3 2 5 4
Other income (loss) 2   7  
Income from continuing operations before income taxes (28) 31 (55) 16
Income tax benefit (expense) 13 (12) 29 3
Income from continuing operations (15) 19 (26) 19
Income (loss) from discontinued operations, net of tax   (2) (1) (9)
Net income (15) 17 (27) 10
Net income attributable to noncontrolling interests (5) (4) (13) (10)
Net income (loss) attributable to Huntsman Corporation or Huntsman International LLC (20) 13 (40)  
Other comprehensive income 55 14 (115) 19
Comprehensive income attributable to noncontrolling interests (7) 3 (7) (7)
Comprehensive income (loss) income attributable to Huntsman Corporation or Huntsman International LLC 33 34 (149) 22
Eliminations | Huntsman International        
Revenues:        
Related party sales (455) (510) (883) (1,016)
Total revenues (455) (510) (883) (1,016)
Cost of goods sold (457) (512) (883) (1,017)
Gross profit 2 2   1
Operating income (loss) 2 2   1
Equity in income (loss) of investment in affiliates and subsidiaries (50) (152) (59) (218)
Other income (loss) (1) (1) (1) (1)
Income from continuing operations before income taxes (49) (151) (60) (218)
Income from continuing operations (49) (151) (60) (218)
Net income (49) (151) (60) (218)
Net income attributable to noncontrolling interests (5) (1) (7) (3)
Net income (loss) attributable to Huntsman Corporation or Huntsman International LLC (54) (152) (67) (221)
Other comprehensive income (162) (76) (72) (174)
Comprehensive income attributable to noncontrolling interests (5) (1) (8) (3)
Comprehensive income (loss) income attributable to Huntsman Corporation or Huntsman International LLC $ (216) $ (228) $ (140) $ (395)