Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATION AND ACQUISITIONS (Details)

v3.20.2
BUSINESS COMBINATION AND ACQUISITIONS (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 4 Months Ended 6 Months Ended
May 18, 2020
Feb. 20, 2020
Jun. 30, 2020
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Fair value of assets acquired and liabilities assumed:                  
Goodwill     $ 522 $ 522   $ 522 $ 522   $ 276
CVC Thermoset Specialties                  
BUSINESS COMBINATIONS                  
Transaction related costs       5     5    
Revenue from date of acquisition     7            
Net income from date of acquisition     1            
Fair value of assets acquired and liabilities assumed:                  
Cash paid for acquisition $ 306                
Accounts receivable 12                
Inventories 39                
Property, plant and equipment, net 88                
Intangible assets 60                
Goodwill 119                
Accounts payable (7)                
Deferred income taxes (5)                
Total fair value of net assets acquired $ 306                
Estimated pro forma revenues and net income (loss) attributable to business acquisition                  
Revenues       1,255 $ 1,812   2,872 $ 3,514  
Net (loss) income       (60) 125   650 267  
Net (loss) income attributable to Huntsman       (63) 117   644 247  
Icynene-Lapolla                  
BUSINESS COMBINATIONS                  
Net acquisition cost   $ 353              
Transaction related costs       4     14    
Revenue from date of acquisition           78      
Net income from date of acquisition           5      
Fair value of assets acquired and liabilities assumed:                  
Cash paid for acquisition   353              
Cash   7              
Accounts receivable   37              
Inventories   36              
Prepaid expenses and other current assets   1              
Property, plant and equipment, net   7              
Intangible assets   165              
Goodwill   134              
Other noncurrent assets   3              
Accounts payable   (13)              
Accrued liabilities   (10)              
Deferred income taxes   (14)              
Total fair value of net assets acquired   $ 353              
Estimated pro forma revenues and net income (loss) attributable to business acquisition                  
Revenues         1,841   2,870 3,566  
Net (loss) income         116   645 245  
Net (loss) income attributable to Huntsman         108   639 225  
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES                  
Fair value of assets acquired and liabilities assumed:                  
Goodwill     $ 522 522   $ 522 522   $ 276
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | CVC Thermoset Specialties                  
Estimated pro forma revenues and net income (loss) attributable to business acquisition                  
Revenues       1,255 1,812   2,872 3,514  
Net (loss) income       (60) 122   649 261  
Net (loss) income attributable to Huntsman       $ (63) 114   643 241  
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Icynene-Lapolla                  
Estimated pro forma revenues and net income (loss) attributable to business acquisition                  
Revenues         1,841   2,870 3,566  
Net (loss) income         113   644 239  
Net (loss) income attributable to Huntsman         $ 105   $ 638 $ 219