Quarterly report pursuant to Section 13 or 15(d)

OPERATING SEGMENT INFORMATION (Tables)

 v2.3.0.11
OPERATING SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2011
OPERATING SEGMENT INFORMATION  
Schedule of revenues and EBITDA for each of entity's reportable operating segments

 
   Three months ended
June 30,		   Six months ended
June 30, 		 
 
   2011   2010   2011   2010  

Net Sales:

                          
 

Polyurethanes

   $ 1,135   $ 932   $ 2,182   $ 1,699  
 

Performance Products

     896     669     1,700     1,285  
 

Advanced Materials

     360     320     710     611  
 

Textile Effects

     200     213     390     408  
 

Pigments

     424     287     788     556  
 

Eliminations

     (81 )   (78 )   (157 )   (122 )
                   
   

Total

   $ 2,934   $ 2,343   $ 5,613   $ 4,437  
                   

Huntsman Corporation:

                          

Segment EBITDA(1):

                          
 

Polyurethanes

   $ 142   $ 69   $ 256   $ 121  
 

Performance Products

     113     116     228     176  
 

Advanced Materials

     28     51     67     84  
 

Textile Effects

     (7 )   (7 )   (18 )   (7 )
 

Pigments

     112     47     196     75  
 

Corporate and other(2)

     (63 )   (45 )   (144 )   (252 )
                   
   

Subtotal

     325     231     585     197  
     

Discontinued Operations(3)

     (2 )   100     (23 )   79  
                   
     

Total

     323     331     562     276  

Interest expense, net

     (65 )   (43 )   (124 )   (104 )

Income tax expense—continuing operations

     (34 )   (39 )   (56 )   (5 )

Income tax benefit (expense)—discontinued operations

     1     (37 )   8     (29 )

Depreciation and amortization

     (111 )   (98 )   (214 )   (196 )
                   
   

Net income (loss) attributable to Huntsman Corporation

   $ 114   $ 114   $ 176   $ (58 )
                   

Huntsman International:

                          

Segment EBITDA(1):

                          
 

Polyurethanes

   $ 142   $ 69   $ 256   $ 121  
 

Performance Products

     113     116     228     176  
 

Advanced Materials

     28     51     67     84  
 

Textile Effects

     (7 )   (7 )   (18 )   (7 )
 

Pigments

     112     47     196     75  
 

Corporate and other(2)

     (64 )   (45 )   (144 )   (95 )
                   
   

Subtotal

     324     231     585     354  
     

Discontinued Operations(3)

     (2 )   100     (23 )   79  
                   
     

Total

     322     331     562     433  

Interest expense, net

     (67 )   (47 )   (131 )   (113 )

Income tax expense—continuing operations

     (34 )   (38 )   (56 )   (16 )

Income tax benefit (expense)—discontinued operations

     1     (37 )   8     (29 )

Depreciation and amortization

     (105 )   (92 )   (203 )   (184 )
                   
 

Net income attributable to Huntsman International LLC

   $ 117   $ 117   $ 180   $ 91  
                   
(1)
Segment EBITDA is defined as net income (loss) attributable to Huntsman Corporation or Huntsman International LLC, as appropriate, before interest, income tax, depreciation and amortization, and certain Corporate and other items.

(2)
Corporate and other includes unallocated corporate overhead, unallocated foreign exchange gains and losses, LIFO inventory valuation reserve adjustments, loss on early extinguishment of debt, unallocated restructuring, impairment and plant closing costs and nonoperating income and expense.

(3)
The operating results of our former polymers, base chemicals and Australian styrenics businesses are classified as discontinued operations, and, accordingly, the revenues of these businesses are excluded for all periods presented. The EBITDA of our former polymers, base chemicals and Australian styrenics businesses are included in discontinued operations for all periods presented. For more information, see "Note 17. Discontinued Operations."