Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATING FINANCIAL INFORMATION - HUNTSMAN INTERNATIONAL - CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Details)

v3.8.0.1
CONDENSED CONSOLIDATING FINANCIAL INFORMATION - HUNTSMAN INTERNATIONAL - CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Trade sales, services and fees, net $ 2,137 $ 1,802 $ 6,048 $ 5,519
Related party sales 32 29 107 95
Total revenues 2,169 1,831 6,155 5,614
Cost of goods sold 1,695 1,475 4,852 4,444
Gross profit 474 356 1,303 1,170
Selling, general and administrative 198 185 583 564
Research and development 35 34 103 103
Restructuring, impairment and plant closing (credits) costs 1 38 13 56
Merger costs 12   18  
Other operating expense (income), net 5 (2) (9) (3)
Operating income 223 101 595 450
Interest (expense) income (39) (52) (134) (153)
Equity in income of investment in affiliates and subsidiaries 1 1 4 4
Loss on early extinguishment of debt (35) (1) (36) (3)
Other income (loss), net 1 (3) 2 (1)
Income from continuing operations before income taxes 151 46 431 297
Income tax benefit (expense) (35) (6) (78) (65)
Income from continuing operations 116 40 353 232
Income (loss) from discontinued operations, net of tax 63 24 101 (12)
Net income 179 64 454 220
Net income attributable to noncontrolling interests (32) (9) (64) (22)
Net income attributable to Huntsman Corporation or Huntsman International LLC 147 55 390 198
Other comprehensive income 83 30 253 22
Comprehensive income attributable to noncontrolling interests (37) (9) (76) (22)
Comprehensive income attributable to Huntsman Corporation or Huntsman International LLC 225 85 631 220
Huntsman International        
Revenues:        
Trade sales, services and fees, net 2,137 1,802 6,048 5,519
Related party sales 32 29 107 95
Total revenues 2,169 1,831 6,155 5,614
Cost of goods sold 1,694 1,474 4,849 4,441
Gross profit 475 357 1,306 1,173
Selling, general and administrative 197 184 579 561
Research and development 35 34 103 103
Restructuring, impairment and plant closing (credits) costs 1 38 13 56
Merger costs 12   18  
Other operating expense (income), net 5 (2) (9) (3)
Operating income 225 103 602 456
Interest (expense) income (44) (55) (146) (162)
Equity in income of investment in affiliates and subsidiaries 1 1 4 4
Loss on early extinguishment of debt (35) (1) (36) (3)
Other income (loss), net 2   5 5
Income from continuing operations before income taxes 149 48 429 300
Income tax benefit (expense) (34) (7) (77) (65)
Income from continuing operations 115 41 352 235
Income (loss) from discontinued operations, net of tax 62 22 98 (17)
Net income 177 63 450 218
Net income attributable to noncontrolling interests (32) (9) (64) (22)
Net income attributable to Huntsman Corporation or Huntsman International LLC 145 54 386 196
Other comprehensive income 104 32 277 27
Comprehensive income attributable to noncontrolling interests (37) (9) (76) (22)
Comprehensive income attributable to Huntsman Corporation or Huntsman International LLC 244 86 651 223
Reportable legal entities | Huntsman International | Parent Company        
Revenues:        
Trade sales, services and fees, net 296 264 824 787
Related party sales 55 45 169 139
Total revenues 351 309 993 926
Cost of goods sold 275 249 792 726
Gross profit 76 60 201 200
Selling, general and administrative 34 33 129 117
Research and development 12 13 35 35
Restructuring, impairment and plant closing (credits) costs (3) 2 1 5
Merger costs 12   18  
Other operating expense (income), net 20 3 36 11
Operating income 1 9 (18) 32
Interest (expense) income (43) (54) (143) (165)
Equity in income of investment in affiliates and subsidiaries 187 82 534 67
Loss on early extinguishment of debt (35) (1) (36) (3)
Dividend income (expense) 1 1 1 217
Other income (loss), net (1) (3) (1) (3)
Income from continuing operations before income taxes 110 34 337 145
Income tax benefit (expense) 26 20 56 50
Income from continuing operations 136 54 393 195
Income (loss) from discontinued operations, net of tax 9   (7) 1
Net income 145 54 386 196
Net income attributable to Huntsman Corporation or Huntsman International LLC 145 54 386 196
Other comprehensive income 171 32 337 27
Comprehensive income attributable to Huntsman Corporation or Huntsman International LLC 316 86 723 223
Reportable legal entities | Huntsman International | Guarantors        
Revenues:        
Trade sales, services and fees, net 498 424 1,543 1,396
Related party sales 75 64 248 222
Total revenues 573 488 1,791 1,618
Cost of goods sold 520 434 1,551 1,343
Gross profit 53 54 240 275
Selling, general and administrative 31 25 94 79
Research and development 11 11 31 32
Restructuring, impairment and plant closing (credits) costs 1 6   15
Other operating expense (income), net (8) (8) (33) (28)
Operating income 18 20 148 177
Interest (expense) income 7 7 20 24
Equity in income of investment in affiliates and subsidiaries 180 80 453 183
Dividend income (expense)       (430)
Other income (loss), net 2   2  
Income from continuing operations before income taxes 207 107 623 (46)
Income tax benefit (expense) (11) (13) (58) (71)
Income from continuing operations 196 94 565 (117)
Income (loss) from discontinued operations, net of tax (1)   (2) (1)
Net income 195 94 563 (118)
Net income attributable to Huntsman Corporation or Huntsman International LLC 195 94 563 (118)
Other comprehensive income 329 7 479 86
Comprehensive income attributable to Huntsman Corporation or Huntsman International LLC 524 101 1,042 (32)
Reportable legal entities | Huntsman International | Nonguarantors        
Revenues:        
Trade sales, services and fees, net 1,343 1,114 3,681 3,336
Related party sales 255 231 772 700
Total revenues 1,598 1,345 4,453 4,036
Cost of goods sold 1,251 1,101 3,585 3,339
Gross profit 347 244 868 697
Selling, general and administrative 132 126 356 365
Research and development 12 10 37 36
Restructuring, impairment and plant closing (credits) costs 3 30 12 36
Other operating expense (income), net (7) 3 (12) 14
Operating income 207 75 475 246
Interest (expense) income (8) (8) (23) (21)
Equity in income of investment in affiliates and subsidiaries 1 2 5 6
Dividend income (expense) (1) (2)   430
Other income (loss), net 1 3 4 8
Income from continuing operations before income taxes 200 70 461 669
Income tax benefit (expense) (49) (14) (75) (44)
Income from continuing operations 151 56 386 625
Income (loss) from discontinued operations, net of tax 54 22 107 (17)
Net income 205 78 493 608
Net income attributable to noncontrolling interests (32) (9) (64) (19)
Net income attributable to Huntsman Corporation or Huntsman International LLC 173 69 429 589
Other comprehensive income 113 31 289 32
Comprehensive income attributable to noncontrolling interests (36) (6) (70) (11)
Comprehensive income attributable to Huntsman Corporation or Huntsman International LLC 282 103 712 629
Eliminations | Huntsman International        
Revenues:        
Related party sales (353) (311) (1,082) (966)
Total revenues (353) (311) (1,082) (966)
Cost of goods sold (352) (310) (1,079) (967)
Gross profit (1) (1) (3) 1
Operating income (1) (1) (3) 1
Equity in income of investment in affiliates and subsidiaries (367) (163) (988) (252)
Dividend income (expense)   1 (1) (217)
Income from continuing operations before income taxes (368) (163) (992) (468)
Income from continuing operations (368) (163) (992) (468)
Net income (368) (163) (992) (468)
Net income attributable to noncontrolling interests       (3)
Net income attributable to Huntsman Corporation or Huntsman International LLC (368) (163) (992) (471)
Other comprehensive income (509) (38) (828) (118)
Comprehensive income attributable to noncontrolling interests (1) (3) (6) (11)
Comprehensive income attributable to Huntsman Corporation or Huntsman International LLC $ (878) $ (204) $ (1,826) $ (597)