Registration of securities issued in business combination transactions

BUSINESS COMBINATIONS (Tables)

v3.3.1.900
BUSINESS COMBINATIONS (Tables)
12 Months Ended
Dec. 31, 2015
Rockwood Holdings, Inc  
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 Rockwood Acquisition in 2014

 

$

1,038

 

Purchase price adjustment received in 2015

 

 

(18

)

​  

​  

Net acquisition cost

 

$

1,020

 

​  

​  

​  

​  

Fair value of assets acquired and liabilities assumed:

 

 

 

 

Cash

 

$

77

 

Accounts receivable

 

 

220

 

Inventories

 

 

401

 

Prepaid expenses and other current assets

 

 

55

 

Property, plant and equipment

 

 

665

 

Intangible assets

 

 

31

 

Deferred income taxes, non-current

 

 

106

 

Other assets

 

 

8

 

Accounts payable

 

 

(146

)

Accrued expenses and other current liabilities

 

 

(106

)

Long-term debt, non-current

 

 

(3

)

Pension and related liabilities

 

 

(233

)

Deferred income taxes, non-current

 

 

(9

)

Other liabilities

 

 

(30

)

​  

​  

Total fair value of net assets acquired

 

 

1,036

 

​  

​  

Noncontrolling interest

 

 

(16

)

​  

​  

Total

 

$

1,020

 

​  

​  

​  

​  

 

Estimated pro forma revenues and net income

If the Rockwood 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

 

 

 

Year ended
December 31,
(Unaudited)

 

 

 

2014

 

2013

 

Revenues

 

$

12,724 

 

$

12,599 

 

Net income attributable to Huntsman International

 

 

410 

 

 

98 

 

 

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 International would have been reported (dollars in millions):

                                                                                                                                                                                    

 

 

Pro Forma

 

 

 

Year ended
December 31, 2013
(Unaudited)

 

Revenues

 

$

11,142 

 

Net income attributable to Huntsman International

 

 

133