Huntsman Corporation Registration of securities issued in business combination transactions

Registration of securities issued in business combination transactions

DISCONTINUED OPERATIONS (Tables)

DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2012

AUSTRALIA STYRENICS BUSINESS SHUTDOWN

Results of operations presented as discontinued operations in the accompanying consolidated statements of operations

The following results of operations of our former Australian styrenics business have been presented as discontinued operations in the accompanying consolidated statements of operations (dollars in millions):

	Year ended December 31,

	2012			2011			2010
Revenues	$	37		$	38		$	52
Operating costs and expenses, net of credits		(47	)		(44	)		(85	)
Nonoperating expenses					—			(19	)

Operating loss		(10	)		(6	)		(52	)
Income tax benefit		3			2			28

Loss from discontinued operations, net of tax	$	(7	)	$	(4	)	$	(24	)

U.S. Base Chemicals Disposition

DISCONTINUED OPERATIONS

Results of operations presented as discontinued operations in the accompanying consolidated statements of operations

The following results of our former U.S base chemicals business have been presented as discontinued operations in the accompanying consolidated statements of operations (dollars in millions):

	Year ended December 31,

	2012		2011			2010
Other expenses	$	—	$	(1	)	$	(6	)
Gain on insurance settlements, net		—		—			110

(Loss) income before income taxes		—		(1	)		104
Income tax expense		—		—			(38	)

(Loss) income from discontinued operations, net of tax	$	—	$	(1	)	$	66

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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