Registration of securities issued in business combination transactions

OPERATING SEGMENT INFORMATION (Tables)

v2.4.0.6
OPERATING SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2012
OPERATING SEGMENT INFORMATION  
Schedule of major products by reportable operating segment

 

 

Segment
  Products
Polyurethanes   MDI, PO, polyols, PG, TPU, aniline and MTBE
Performance Products   amines, surfactants, LAB, maleic anhydride, other performance chemicals, EG, olefins and technology licenses
Advanced Materials   epoxy resin compounds and formulations; cross-linking, matting and curing agents; epoxy, acrylic and polyurethane-based adhesives and tooling resin formulations
Textile Effects   textile chemicals and dyes
Pigments   titanium dioxide
Schedule of revenues, EBITDA, depreciation and amortization, capital expenditures and total assets

The revenues and EBITDA for each of our reportable operating segments are as follows (dollars in millions):

 
  Year ended December 31,  
 
  2012   2011   2010  

Revenues:

                   

Polyurethanes

  $ 4,894   $ 4,434   $ 3,605  

Performance Products

    3,065     3,301     2,659  

Advanced Materials

    1,325     1,372     1,244  

Textile Effects

    752     737     787  

Pigments

    1,436     1,642     1,213  

Eliminations

    (285 )   (265 )   (258 )
               

Total

  $ 11,187   $ 11,221   $ 9,250  
               


 

 
  Year ended December 31,  
 
  2012   2011   2010  

Segment EBITDA(1):

                   

Polyurethanes

  $ 726   $ 469   $ 319  

Performance Products

    360     385     363  

Advanced Materials

    54     125     143  

Textile Effects

    (49 )   (199 )   1  

Pigments

    352     501     205  

Corporate and other(2)

    (251 )   (236 )   (224 )
               

Subtotal

    1,192     1,045     807  

Discontinued Operations(3)

    (5 )   (6 )   53  
               

Total

    1,187     1,039     860  

Interest expense, net

    (238 )   (262 )   (248 )

Income tax expense—continuing operations

    (179 )   (113 )   (40 )

Income tax benefit (expense)—discontinued operations

    3     5     (10 )

Depreciation and amortization

    (408 )   (416 )   (382 )
               

Net income attributable to

                   

Huntsman International LLC

  $ 365   $ 253   $ 180  
               

Depreciation and Amortization:

                   

Polyurethanes

  $ 152   $ 160   $ 155  

Performance Products

    113     110     92  

Advanced Materials

    31     33     33  

Textile Effects

    23     27     26  

Pigments

    69     74     67  

Corporate and other(2)

    15     12     8  
               

Subtotal

    403     416     381  

Discontinued Operations

    5         1  
               

Total

  $ 408   $ 416   $ 382  
               
 
 

 
  Year ended December 31,  
 
  2012   2011   2010  

Capital Expenditures:

                   

Polyurethanes

  $ 107   $ 85   $ 59  

Performance Products

    117     96     66  

Advanced Materials

    41     39     24  

Textile Effects

    27     34     23  

Pigments

    98     57     49  

Corporate and other

    22     19     15  
               

Total

  $ 412   $ 330   $ 236  
               
 

 
  December 31,  
 
  2012   2011  

Total Assets:

             

Polyurethanes

  $ 3,221   $ 3,086  

Performance Products

    2,449     2,340  

Advanced Materials

    1,366     1,307  

Textile Effects

    745     686  

Pigments

    1,562     1,384  

Corporate and other

    (473 )   (473 )
           

Total

  $ 8,870   $ 8,330  
           

(1)
Segment EBITDA is defined as net income attributable to Huntsman International 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 non-operating 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 25. Discontinued Operations."
Schedule of revenues and long-lived assets by geographical area

 

 
  Year ended December 31,  
 
  2012   2011   2010  

By Geographic Area Revenues(1):

                   

United States

  $ 3,347   $ 3,470   $ 2,777  

China

    1,040     944     881  

Mexico

    954     723     485  

Germany

    600     638     519  

Italy

    465     558     474  

Other nations

    4,781     4,888     4,114  
               

Total

  $ 11,187   $ 11,221   $ 9,250  
               

 

 
  December 31,  
 
  2012   2011  

Long-lived assets(2):

             

United States

  $ 1,299   $ 1,278  

The Netherlands

    351     310  

United Kingdom

    314     306  

Saudi Arabia

    231     243  

Germany

    201     205  

China

    169     162  

Italy

    164     152  

Switzerland

    163     166  

France

    154     126  

Spain

    147     157  

Other nations

    463     405  
           

Total

  $ 3,656   $ 3,510  
           

(1)
Geographic information for revenues is based upon countries into which product is sold.

(2)
Long-lived assets consist of property, plant and equipment, net.