Huntsman Corporation HUN Income Statement

Huntsman corporation (HUN)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues:
Total revenues
6,721	6,797	6,487	6,768	6,978	7,604	7,357	7,558	7,208	6,845	6,943	6,605	7,095	7,518	6,902	7,709	7,905	8,139	10,918	11,164	11,412	11,578	11,332	11,290	11,132	11,079	10,993	10,892	10,976	11,187	11,200	11,435	11,455	11,221	11,001	10,426	9,835	9,250	8,913	8,358	0	0	0
Trade sales, services and fees, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,781	7,584	7,769	8,008	10,746	10,960	11,184	11,317	11,082	11,052	10,905	10,847	10,756	10,658	10,746	10,964	11,002	11,234	11,268	11,041	10,805	10,242	9,626	9,049	8,727	8,189	0	0	0
Related party sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	121	125	136	131	172	204	228	261	250	238	227	232	237	234	230	223	198	201	187	180	196	184	209	201	186	169	0	0	0
Cost of goods sold
5,401	5,415	5,153	5,307	5,395	5,840	5,442	5,638	5,407	5,194	5,356	5,134	5,603	6,000	5,411	6,101	6,205	6,405	8,997	9,201	9,493	9,659	9,416	9,382	9,278	9,326	9,266	9,135	9,143	9,153	9,197	9,479	9,525	9,381	9,170	8,670	8,195	7,789	7,490	7,117	0	0	0
Gross profit
1,320	1,382	1,334	1,461	1,583	1,764	1,915	1,920	1,801	1,651	1,587	1,471	1,492	1,518	1,491	1,608	1,700	1,734	1,921	1,963	1,919	1,919	1,916	1,908	1,854	1,753	1,727	1,757	1,833	2,034	2,003	1,956	1,930	1,840	1,831	1,756	1,640	1,461	1,423	1,241	0	0	0
Operating expenses:
Selling, general and administrative
778	786	783	793	804	789	778	773	759	759	713	700	741	772	706	753	768	791	1,001	996	991	974	945	956	945	942	975	957	956	951	903	900	924	921	924	909	861	861	842	838	0	0	0
Research and development
137	137	144	144	143	145	140	140	136	132	130	129	134	137	129	136	138	143	169	168	164	158	148	143	140	140	145	145	149	152	155	162	166	166	163	160	154	151	147	144	0	0	0
Other operating expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-15	-19	-42	-10	-1	0	0	-	0
Restructuring, impairment and plant closing costs
-39	-41	-57	-9	-8	-7	14	10	12	19	-20	17	43	47	-58	-82	3	83	288	313	212	158	132	130	146	151	157	125	0	-	0	0	-	167	176	25	33	29	31	89	0	0	0
Merger costs
-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business separation expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expense, net
0	-	21	20	-	-8	-18	-19	-3	16	92	99	113	101	27	8	-12	-	-6	4	8	4	-2	6	-13	-10	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
912	913	855	911	937	937	958	965	938	922	749	753	805	855	751	800	922	1,017	1,464	1,473	1,359	1,286	1,227	1,223	1,244	1,243	1,263	1,256	1,223	1,189	1,086	1,197	1,201	1,234	1,278	1,113	1,090	1,051	1,022	1,069	0	0	0
Operating income
408	469	479	550	646	827	957	955	863	729	838	718	687	663	740	808	778	717	457	490	560	633	689	685	610	510	464	501	610	845	917	759	729	606	553	643	550	410	401	172	0	0	0
Interest expense
-99	-111	-115	-118	-118	-115	-117	-126	-144	-165	-185	-198	-201	-203	-199	-196	-199	-205	-215	-215	-213	-205	-192	-191	-187	-190	-200	-208	-218	-226	-482	-489	-367	-249	-336	-209	-231	-229	233	227	0	0	0
Loss on accounts receivable securitization program
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Equity in income of investment in unconsolidated affiliates
46	54	51	46	52	55	46	35	0	-	0	0	-	5	5	4	5	6	5	7	6	6	8	9	9	8	8	7	6	7	7	7	8	8	10	11	25	24	19	17	0	0	0
Fair value adjustments to Venator investment
-204	-18	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of debt
-	-23	-26	0	0	-	-	0	-	-	0	0	-	-	0	0	-	-31	0	0	0	-	-	-	-	-51	-113	-114	-114	-80	-4	-5	-5	-7	-19	-24	-31	-183	-190	0	0	0	-
Expenses associated with the Terminated Merger and related litigation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0
Other income, net
25	20	25	24	30	32	22	19	11	8	20	14	15	12	2	5	3	1	-4	-5	-4	-2	2	0	0	-	-	0	-	-	0	0	-	-	0	0	-	-	0	0	-	0	-
(Loss) income from continuing operations before income taxes
176	391	265	475	598	734	895	833	702	531	642	537	502	474	545	611	559	488	184	226	318	404	489	488	419	279	160	188	285	547	690	522	485	360	295	380	315	20	-8	613	0	0	0
Income tax expense
-76	-38	97	83	37	45	15	34	54	20	122	93	101	109	40	83	85	60	97	8	17	51	59	180	181	125	88	68	89	169	184	178	147	109	94	80	85	29	114	384	0	0	0
(Loss) income from continuing operations
252	429	168	392	561	689	880	799	648	511	520	444	401	365	505	528	474	428	87	218	301	353	430	308	238	154	72	120	196	378	506	344	338	251	201	300	230	-9	-122	229	0	0	0
Income from discontinued operations, net of tax
923	169	-193	-466	-130	-39	372	640	351	230	71	32	-14	-8	-276	-300	-301	-302	-5	-5	-3	-8	-8	-10	-10	-5	-4	-3	-5	-7	-3	8	9	-1	-11	-22	41	42	54	53	0	0	0
Income before extraordinary gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	250	190	278	271	33	0	0	0	-	-
Extraordinary gain on the acquisition of a business, net of tax of nil
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	4	0	0	0	-	-	-	-	-	-
Net income
1,175	598	-25	-74	431	650	1,252	1,439	999	741	591	476	387	357	229	228	173	126	82	213	298	345	422	298	228	149	69	119	193	373	506	354	350	254	191	279	271	32	-68	282	0	0	0
Net income attributable to noncontrolling interests
27	36	56	48	249	313	329	358	165	105	73	50	41	31	27	26	29	33	31	29	24	22	20	20	22	21	24	22	0	-	0	0	-	7	18	18	0	-	0	0	-	-	-
Net income attributable to Huntsman Corporation or Huntsman International LLC
1,148	562	-81	-122	182	337	923	1,081	834	636	518	426	346	326	202	202	144	93	51	184	274	323	402	278	206	128	47	99	176	363	508	358	348	247	172	261	261	27	-71	280	0	0	0
Basic income per share:
Other comprehensive (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76	60	0	0	0
Comprehensive (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	342	0	0	0
Comprehensive (income) loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	-
Comprehensive (loss) income attributable to Huntsman Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	339	0	0	0
(Loss) income from continuing operations attributable to Huntsman Corporation common stockholders
-0.32	0.99	-0.17	0.49	0.41	0.05	0.72	1.12	0.66	0.49	0.36	0.51	0.35	0.67	0.13	0.37	0.24	1.24	0.23	0.13	0.03	-0.15	0.77	0.49	0.25	0.16	0.28	0.20	-0.09	-0.18	0.49	0.53	0.71	0.42	-0.19	0.48	0.32	0.16	0.24	0.22	-0.68	-0.32	1.75
Income from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax
3.48	0.35	0.30	-0.01	0.10	-1.45	-0.77	0.61	0.48	0.54	0.26	0.19	-0.03	-	0.10	-	-	-1.23	0.00	-0.01	-0.01	0.00	0.00	0.00	-0.03	0.00	-0.01	0.00	-0.01	-0.01	0.01	-0.01	-0.02	-	0.05	0.00	-0.06	-0.03	-0.01	0.26	-0.05	0.03	-0.01
Net income attributable to Huntsman Corporation common stockholders (in dollars per share)
3.16	1.34	0.13	0.48	0.51	-1.40	-0.05	1.73	1.14	1.03	0.62	0.70	0.32	0.54	0.23	0.37	0.24	0.01	0.23	0.12	0.02	-0.15	0.77	0.49	0.22	0.16	0.27	0.20	-0.10	-0.17	0.49	0.52	0.69	0.44	-0.14	0.48	0.26	0.13	0.23	0.48	-0.73	-0.29	1.74
Weighted average shares (in shares)
223	224	227	230	233	235	237	238	240	239	238	238	237	236	236	236	236	239	244	244	243	243	242	241	240	240	239	239	239	238	237	237	236	235	237	239	237	236	236	236	234	234	234
Diluted income per share:
(Loss) income from continuing operations attributable to Huntsman Corporation common stockholders
-0.32	0.98	-0.17	0.48	0.41	0.04	0.72	1.11	0.65	0.48	0.34	0.50	0.34	0.66	0.13	0.36	0.24	1.23	0.22	0.13	0.03	-0.15	0.76	0.48	0.25	0.18	0.27	0.19	-0.09	-0.17	0.48	0.52	0.70	0.42	-0.19	0.47	0.31	0.18	0.23	0.21	-0.68	-0.32	1.52
Income from discontinued operations attributable to Huntsman Corporation common stockholders, net of tax
3.48	0.35	0.30	-0.01	0.10	-1.42	-0.77	0.60	0.46	0.53	0.26	0.19	-0.03	-	0.10	-	-	-1.21	0.00	-0.01	-0.01	0.00	0.00	0.00	-0.03	0.00	-0.01	0.00	-0.01	-0.01	0.01	-0.01	-0.02	-	0.05	-0.02	-0.05	-0.04	0.00	0.26	-0.05	0.03	-0.01
Net income attributable to Huntsman Corporation common stockholders (in dollars per share)
3.16	1.33	0.13	0.47	0.51	-1.38	-0.05	1.71	1.11	1.01	0.60	0.69	0.31	0.53	0.23	0.36	0.24	0.02	0.22	0.12	0.02	-0.15	0.76	0.48	0.22	0.18	0.26	0.19	-0.10	-0.17	0.48	0.52	0.68	0.43	-0.14	0.47	0.26	0.14	0.23	0.47	-0.73	-0.29	1.51
Weighted average shares (in shares)
223	227	227	232	235	237	240	242	245	245	244	243	242	240	240	239	237	240	246	247	247	247	246	245	244	245	242	242	239	241	240	240	240	242	237	243	242	227	241	240	234	234	271
Amounts attributable to Huntsman Corporation common stockholders:
(Loss) Income from continuing operations
225	393	177	388	544	608	718	629	483	406	447	394	360	334	478	502	445	395	56	189	277	331	410	288	216	133	50	100	179	368	508	348	336	244	182	282	220	-14	-125	227	0	0	0
Income from discontinued operations, net of tax
923	169	-258	-510	-362	-271	205	452	351	230	71	32	-14	-8	-276	-300	-301	-302	-5	-5	-3	-8	-8	-10	-10	-5	-4	-3	-5	-7	-3	8	9	-1	-11	-22	41	42	54	53	0	0	0
Extraordinary gain on the acquisition of a business, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	4	0	0	0	-	-	-	-	-	-
Net income attributable to Huntsman Corporation or Huntsman International LLC
1,148	562	-81	-122	182	337	923	1,081	834	636	518	426	346	326	0	0	0	-	-	0	0	-	402	278	206	128	47	99	176	363	508	358	348	247	172	261	261	27	-71	280	0	0	0
Dividends per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.12	0.12	0.12	-	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
Total revenues
6,721	6,797	6,487	6,768	6,978	7,604	7,357	7,558	7,208	6,845	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods sold
5,401	5,415	5,153	5,306	5,393	5,837	5,438	5,633	5,402	5,188	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
1,320	1,382	1,334	1,462	1,585	1,767	1,919	1,925	1,806	1,657	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative
773	781	777	787	798	784	774	769	755	754	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research and development
137	137	144	144	143	145	140	140	136	132	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, impairment and plant closing costs
-39	-41	-57	-9	-8	-7	14	10	12	19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger costs
-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expense, net
0	-	19	20	-	-8	-16	-19	-2	16	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
907	908	847	905	931	932	956	961	933	917	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
413	474	487	557	654	835	963	964	873	740	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-111	-126	-133	-138	-139	-136	-137	-145	-162	-181	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in income of investment in unconsolidated affiliates
46	54	51	46	52	55	46	35	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value adjustments to Venator investment
-204	-18	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of debt
-	-23	-26	0	0	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
21	16	17	19	25	27	19	14	8	6	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) income from continuing operations before income taxes
165	377	247	457	580	716	878	818	691	524	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense
-78	-41	93	79	33	41	10	29	50	17	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) income from continuing operations
243	418	154	378	547	675	868	789	641	507	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
923	169	-193	-466	-130	-39	372	639	349	227	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
1,166	587	-39	-88	417	636	1,240	1,428	990	734	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interests
27	36	56	48	249	313	329	358	165	105	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Huntsman Corporation or Huntsman International LLC
1,139	551	-95	-136	168	323	911	1,070	825	629	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Huntsman Corporation or Huntsman International LLC
1,139	551	-95	-136	168	323	911	1,070	825	629	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Third Party Customers
Total revenues
6,573	6,664	6,354	6,629	6,836	7,451	7,186	7,395	7,048	6,684	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Related Party Customers
Total revenues
148	133	133	139	142	153	171	163	160	161	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-