Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATION (Tables)

v3.10.0.1
BUSINESS COMBINATION (Tables)
6 Months Ended
Jun. 30, 2018
BUSINESS COMBINATIONS  
Schedule of 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):

 

 

 

 

 

Fair value of assets acquired and liabilities assumed:

 

 

 

Cash

 

$

 1

Accounts receivable

 

 

32

Inventories

 

 

23

Prepaid expenses and other current assets

 

 

 1

Property, plant and equipment, net

 

 

25

Intangible assets

 

 

68

Goodwill

 

 

229

Accounts payable

 

 

(16)

Accrued liabilities

 

 

(4)

Other noncurrent liabilities

 

 

(2)

Total fair value of net assets acquired

 

$

357

 

Schedule of estimated pro forma revenues and net income

Huntsman Corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Unaudited) Pro Forma

 

(Unaudited) Pro Forma

 

Three months

 

Six months

 

ended

 

ended

 

June 30,

 

June 30,

 

2018

 

2017

 

2018

 

2017

Revenues

$

2,418

 

$

2,089

 

$

4,757

 

$

4,057

Net income  

 

623

 

 

181

 

 

962

 

 

267

Net income attributable to Huntsman Corporation

 

414

 

 

165

 

 

677

 

 

235

 

 

 

 

 

 

 

 

 

 

 

 

Income per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

1.73

 

 

0.69

 

 

2.82

 

 

0.99

Diluted

 

1.71

 

 

0.68

 

 

2.77

 

 

0.97

 

HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES  
BUSINESS COMBINATIONS  
Schedule of estimated pro forma revenues and net income

Huntsman International

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Unaudited) Pro Forma

 

(Unaudited) Pro Forma

 

Three months

 

Six months

 

ended

 

ended

 

June 30,

 

June 30,

 

2018

 

2017

 

2018

 

2017

Revenues

$

2,418

 

$

2,089

 

$

4,754

 

$

4,057

Net income  

 

620

 

 

180

 

 

956

 

 

265

Net income attributable to Huntsman International

 

411

 

 

164

 

 

671

 

 

233