Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Trade sales, services and fees, net $ 2,635 $ 2,853
Related party sales 67 60
Total revenues 2,702 2,913
Cost of goods sold 2,353 2,363
Gross profit 349 550
Operating expenses:    
Selling, general and administrative 226 221
Research and development 36 39
Other operating (income) expense (7) 5
Restructuring, impairment and plant closing costs 44  
Total expenses 299 265
Operating income 50 285
Interest expense, net (51) (59)
Equity in income of investment in unconsolidated affiliates 1 2
Loss on early extinguishment of debt (35) (1)
(Loss) income from continuing operations before income taxes (35) 227
Income tax benefit (expense) 20 (60)
(Loss) income from continuing operations (15) 167
Loss from discontinued operations, net of tax (2) (4)
Net (loss) income (17) 163
Net income attributable to noncontrolling interests (7)  
Net (loss) income attributable to Huntsman Corporation or Huntsman International LLC (24) 163
Basic (loss) income per share:    
(Loss) income from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.09) $ 0.71
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share) $ (0.01) $ (0.02)
Net (loss) income attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.10) $ 0.69
Weighted average shares (in shares) 239.0 236.5
Diluted (loss) income per share:    
(Loss) income from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.09) $ 0.70
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share) $ (0.01) $ (0.02)
Net (loss) income attributable to Huntsman Corporation common stockholders (in dollars per share) $ (0.10) $ 0.68
Weighted average shares (in shares) 239.0 240.1
Amounts attributable to Huntsman Corporation common stockholders:    
(Loss) income from continuing operations (22) 167
Loss from discontinued operations, net of tax (2) (4)
Net (loss) income (24) 163
Dividends per share (in dollars per share) $ 0.125 $ 0.10
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
    
Revenues:    
Trade sales, services and fees, net 2,635 2,853
Related party sales 67 60
Total revenues 2,702 2,913
Cost of goods sold 2,349 2,359
Gross profit 353 554
Operating expenses:    
Selling, general and administrative 224 219
Research and development 36 39
Other operating (income) expense (7) 5
Restructuring, impairment and plant closing costs 44  
Total expenses 297 263
Operating income 56 291
Interest expense, net (54) (61)
Equity in income of investment in unconsolidated affiliates 1 2
Loss on early extinguishment of debt (35) (1)
(Loss) income from continuing operations before income taxes (32) 231
Income tax benefit (expense) 18 (61)
(Loss) income from continuing operations (14) 170
Loss from discontinued operations, net of tax (2) (4)
Net (loss) income (16) 166
Net income attributable to noncontrolling interests (7)  
Net (loss) income attributable to Huntsman Corporation or Huntsman International LLC (23) 166
Amounts attributable to Huntsman Corporation common stockholders:    
Net (loss) income $ (23) $ 166