Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATION AND ACQUISITIONS - ICYNENE-LAPOLLA (Details)

v3.20.1
BUSINESS COMBINATION AND ACQUISITIONS - ICYNENE-LAPOLLA (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended
Feb. 20, 2020
Mar. 31, 2020
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Fair value of assets acquired and liabilities assumed:          
Goodwill   $ 396 $ 396   $ 276
Icynene-Lapolla          
BUSINESS COMBINATIONS          
Transaction related costs $ 10        
Revenue from date of acquisition   27      
Net income from date of acquisition   6      
Fair value of assets acquired and liabilities assumed:          
Cash paid for acquisition 353        
Cash 7        
Accounts receivable 41        
Inventories 36        
Prepaid expenses and other current assets 1        
Property, plant and equipment, net 7        
Intangible assets 165        
Goodwill 130        
Other noncurrent assets 3        
Accounts payable (13)        
Accrued liabilities (10)        
Deferred income taxes (14)        
Total fair value of net assets acquired $ 353        
Estimated pro forma revenues and net income (loss) attributable to business acquisition          
Revenues     1,623 $ 1,725  
Net income     704 129  
Net income attributable to Huntsman     701 117  
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES          
Fair value of assets acquired and liabilities assumed:          
Goodwill   $ 396 396   $ 276
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Icynene-Lapolla          
Estimated pro forma revenues and net income (loss) attributable to business acquisition          
Revenues     1,623 1,725  
Net income     703 126  
Net income attributable to Huntsman     $ 700 $ 114