Huntsman Corporation HUN Income Statement

Huntsman corporation (HUN)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Revenues:
Total revenues
6,797	7,604	6,845	7,518	8,139	11,578	11,079	11,187	11,221	9,250	7,665	10,056
Trade sales, services and fees, net
-	-	-	-	8,008	11,317	10,847	10,964	11,041	9,049	7,569	9,892
Related party sales
-	-	-	-	131	261	232	223	180	201	96	164
Cost of goods sold
5,415	5,840	5,194	6,000	6,405	9,659	9,326	9,153	9,381	7,789	6,587	8,776
Gross profit
1,382	1,764	1,651	1,518	1,734	1,919	1,753	2,034	1,840	1,461	1,078	1,280
Operating expenses:
Selling, general and administrative
786	789	759	772	791	974	942	951	921	861	850	871
Research and development
137	145	132	137	143	158	140	152	166	151	145	154
Other operating expense
-	-	-	-	-	-	-	-	-	-10	18	-27
Restructuring, impairment and plant closing costs
-41	-7	19	47	83	158	151	92	167	29	88	31
Merger costs
-	2	28	-	-	-	-	-	-	-	-	-
Other operating expense, net
-31	-8	16	101	-	4	-10	6	20	-	-	-
Total operating expenses
913	937	922	855	1,017	1,286	1,243	1,189	1,234	1,051	1,065	1,083
Operating income
469	827	729	663	717	633	510	845	606	410	13	197
Interest expense
-111	-115	-165	-203	-205	-205	-190	-226	-249	-229	238	262
Loss on accounts receivable securitization program
-	-	-	-	-	-	-	-	-	-	-23	-27
Equity in income of investment in unconsolidated affiliates
54	55	13	5	6	6	8	7	8	24	3	14
Fair value adjustments to Venator investment
-18	-62	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of debt
-23	-3	-54	-3	-31	-28	-51	-80	-7	-183	-21	-1
Expenses associated with the Terminated Merger and related litigation
-	-	-	-	-	-	-	-	-	-4	835	780
Other income, net
20	32	8	12	1	-2	2	1	2	2	-	1
(Loss) income from continuing operations before income taxes
391	734	531	474	488	404	279	547	360	20	569	702
Income tax expense
-38	45	20	109	60	51	125	169	109	29	444	190
(Loss) income from continuing operations
429	689	511	365	428	353	154	378	251	-9	125	512
Income from discontinued operations, net of tax
169	-39	230	-8	-302	-8	-5	-7	-1	42	-19	84
Income before extraordinary gain
-	-	-	-	-	-	-	371	250	33	106	596
Extraordinary gain on the acquisition of a business, net of tax of nil
-	-	-	-	-	-	-	2	4	-1	6	14
Net income
598	650	741	357	126	345	149	373	254	32	112	610
Net income attributable to noncontrolling interests
36	313	105	31	33	22	21	10	7	5	-2	1
Net income attributable to Huntsman Corporation or Huntsman International LLC
562	337	636	326	93	323	128	363	247	27	114	609
Basic income per share:
Other comprehensive (loss) income
-	-	-	-	-	-	-	-	-	-	203	-749
Comprehensive (loss) income
-	-	-	-	-	-	-	-	-	-	315	-139
Comprehensive (income) loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-1	-2
Comprehensive (loss) income attributable to Huntsman Corporation
-	-	-	-	-	-	-	-	-	-	316	-137
(Loss) income from continuing operations attributable to Huntsman Corporation common stockholders
1.72	2.55	1.71	1.41	1.63	1.36	0.55	1.55	1.03	-0.06	0.54	2.20
Income from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax
0.74	-1.13	0.96	-0.03	-1.25	-0.03	-0.02	-0.03	-	0.17	-0.08	0.36
Extraordinary gain on the acquisition of a business attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share)
-	-	-	-	-	-	-	0.01	0.01	-	0.03	0.06
Net income attributable to Huntsman Corporation common stockholders (in dollars per share)
2.46	1.42	2.67	1.38	0.38	1.33	0.53	1.53	1.04	0.11	0.49	2.62
Weighted average shares (in shares)
228	238	238	236	242	242	239	237	237	236	233	232
Diluted income per share:
(Loss) income from continuing operations attributable to Huntsman Corporation common stockholders
1.70	2.52	1.66	1.39	1.61	1.34	0.55	1.53	1.01	-0.06	0.53	2.18
Income from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax
0.74	-1.13	0.95	-0.03	-1.23	-0.03	-0.02	-0.03	-	0.17	-0.08	0.36
Extraordinary gain on the acquisition of a business attributable to Huntsman Corporation common stockholders, net of tax (in dollars per share)
-	-	-	-	-	-	-	0.01	0.01	-	0.03	0.06
Net income attributable to Huntsman Corporation common stockholders (in dollars per share)
2.44	1.39	2.61	1.36	0.38	1.31	0.53	1.51	1.02	0.11	0.48	2.60
Weighted average shares (in shares)
230	241	243	239	245	246	242	240	241	236	238	234
Amounts attributable to Huntsman Corporation common stockholders:
(Loss) Income from continuing operations
393	608	406	334	395	331	133	368	244	-14	127	511
Income from discontinued operations, net of tax
169	-271	230	-8	-302	-8	-5	-7	-1	42	-19	84
Extraordinary gain on the acquisition of a business, net of tax
-	-	-	-	-	-	-	2	4	-1	6	14
Net income attributable to Huntsman Corporation or Huntsman International LLC
562	337	636	326	93	-	128	363	247	27	114	609
Dividends per share (in dollars per share)
-	-	-	-	0.50	0.50	0.50	0.40	0.40	0.40	0.40	0.40
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Total revenues
6,797	7,604	6,845	7,518	-	-	-	-	-	-	-	-
Cost of goods sold
5,415	5,837	5,188	5,993	-	-	-	-	-	-	-	-
Gross profit
1,382	1,767	1,657	1,525	-	-	-	-	-	-	-	-
Selling, general and administrative
781	784	754	768	-	-	-	-	-	-	-	-
Research and development
137	145	132	137	-	-	-	-	-	-	-	-
Restructuring, impairment and plant closing costs
-41	-7	19	47	-	-	-	-	-	-	-	-
Merger costs
-	2	28	-	-	-	-	-	-	-	-	-
Other operating expense, net
-31	-8	16	101	-	-	-	-	-	-	-	-
Total operating expenses
908	932	917	851	-	-	-	-	-	-	-	-
Operating income
474	835	740	674	-	-	-	-	-	-	-	-
Interest expense
-126	-136	-181	-215	-	-	-	-	-	-	-	-
Equity in income of investment in unconsolidated affiliates
54	55	13	5	-	-	-	-	-	-	-	-
Fair value adjustments to Venator investment
-18	-62	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of debt
-23	-3	-54	-3	-	-	-	-	-	-	-	-
Other income, net
16	27	6	14	-	-	-	-	-	-	-	-
(Loss) income from continuing operations before income taxes
377	716	524	475	-	-	-	-	-	-	-	-
Income tax expense
-41	41	17	108	-	-	-	-	-	-	-	-
(Loss) income from continuing operations
418	675	507	367	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
169	-39	227	-13	-	-	-	-	-	-	-	-
Net income
587	636	734	354	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interests
36	313	105	31	-	-	-	-	-	-	-	-
Net income attributable to Huntsman Corporation or Huntsman International LLC
551	323	629	323	-	-	-	-	-	-	-	-
Net income attributable to Huntsman Corporation or Huntsman International LLC
551	323	629	323	-	-	-	-	-	-	-	-
Third Party Customers
Total revenues
6,664	7,451	6,684	7,387	-	-	-	-	-	-	-	-
Related Party Customers
Total revenues
133	153	161	131	-	-	-	-	-	-	-	-