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 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Trade sales, services and fees, net $ 2,774 $ 2,862 $ 5,409 $ 5,715
Related party sales 56 52 123 112
Total revenues 2,830 2,914 5,532 5,827
Cost of goods sold 2,379 2,387 4,732 4,750
Gross profit 451 527 800 1,077
Operating expenses:        
Selling, general and administrative 233 232 459 453
Research and development 34 38 70 77
Other operating expense 14 2 7 7
Restructuring, impairment and plant closing costs 29 5 73 5
Total expenses 310 277 609 542
Operating income 141 250 191 535
Interest expense, net (47) (57) (98) (116)
Equity in income of investment in unconsolidated affiliates 2 1 3 3
Loss on early extinguishment of debt     (35) (1)
Other income 2 1 2 1
Income from continuing operations before income taxes 98 195 63 422
Income tax expense (44) (65) (24) (125)
Income from continuing operations 54 130 39 297
Loss from discontinued operations, net of tax   (2) (2) (6)
Net income 54 128 37 291
Net income attributable to noncontrolling interests (7) (4) (14) (4)
Net income attributable to Huntsman Corporation or Huntsman International LLC 47 124 23 287
Basic income (loss) per share:        
Income from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.20 $ 0.53 $ 0.11 $ 1.24
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share)   $ (0.01) $ (0.01) $ (0.03)
Net income attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.20 $ 0.52 $ 0.10 $ 1.21
Weighted average shares (in shares) 239.7 237.8 239.4 237.2
Diluted income (loss) per share:        
Income from continuing operations attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.19 $ 0.52 $ 0.11 $ 1.22
Loss from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share)     $ (0.01) $ (0.03)
Net income attributable to Huntsman Corporation common stockholders (in dollars per share) $ 0.19 $ 0.52 $ 0.10 $ 1.19
Weighted average shares (in shares) 242.2 240.5 242.0 240.2
Amounts attributable to Huntsman Corporation common stockholders:        
Income from continuing operations 47 126 25 293
Loss from discontinued operations, net of tax   (2) (2) (6)
Net income 47 124 23 287
Dividends per share (in dollars per share) $ 0.125 $ 0.10 $ 0.25 $ 0.20
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
        
Revenues:        
Trade sales, services and fees, net 2,774 2,862 5,409 5,715
Related party sales 56 52 123 112
Total revenues 2,830 2,914 5,532 5,827
Cost of goods sold 2,374 2,382 4,723 4,741
Gross profit 456 532 809 1,086
Operating expenses:        
Selling, general and administrative 232 230 456 449
Research and development 34 38 70 77
Other operating expense 14 2 7 7
Restructuring, impairment and plant closing costs 29 5 73 5
Total expenses 309 275 606 538
Operating income 147 257 203 548
Interest expense, net (51) (61) (105) (122)
Equity in income of investment in unconsolidated affiliates 2 1 3 3
Loss on early extinguishment of debt     (35) (1)
Other income 2 1 2 1
Income from continuing operations before income taxes 100 198 68 429
Income tax expense (44) (65) (26) (126)
Income from continuing operations 56 133 42 303
Loss from discontinued operations, net of tax   (2) (2) (6)
Net income 56 131 40 297
Net income attributable to noncontrolling interests (7) (4) (14) (4)
Net income attributable to Huntsman Corporation or Huntsman International LLC 49 127 26 293
Amounts attributable to Huntsman Corporation common stockholders:        
Net income $ 49 $ 127 $ 26 $ 293