Quarterly report pursuant to Section 13 or 15(d)

OPERATING SEGMENT INFORMATION - FINANCIAL INFORMATION BY SEGMENT (Details)

v3.20.2
OPERATING SEGMENT INFORMATION - FINANCIAL INFORMATION BY SEGMENT (Details)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Jun. 30, 2020
USD ($)
segment
Jun. 30, 2019
USD ($)
OPERATING SEGMENT INFORMATION            
Number of reportable segments | segment         4  
Total revenues $ 1,247   $ 1,784   $ 2,840 $ 3,453
Segment adjusted EBITDA 54   245   219 449
Reconciliation of adjusted EBITDA to net (loss) income:            
Interest expense, net - continuing operations (21)   (29)   (39) (59)
Income tax benefit (expense)-continuing operations 13   (38)   6 (83)
Income tax expense-discontinued operations (1)   (14)   (239) (19)
Depreciation and amortization - continuing operations (69)   (69)   (136) (136)
Depreciation and amortization - discontinued operations     (23)     (46)
Net income attributable to noncontrolling interests 3   8   6 20
Other adjustments:            
Business acquisition and integration expenses and purchase accounting inventory adjustments (8)       (21) (1)
EBITDA from discontinued operations 6   72   1,021 123
Fair value adjustments to Venator investment 4   (18)   (106) 58
Loss on early extinguishment of debt           (23)
Certain legal settlements and related expenses (4)       (6)  
(Loss) gain on sale of businesses/assets (1)       1  
Income from transition services arrangements 5       5  
Certain nonrecurring information technology project implementation costs (1)       (2)  
Amortization of pension and postretirement actuarial losses (19)   (16)   (37) (33)
Plant incident remediation costs (1)       (1)  
Restructuring, impairment and plant closing and transition costs (19)       (22) (1)
Net (loss) income (59) $ 708 118 $ 131 649 249
Operating segments | Polyurethanes            
OPERATING SEGMENT INFORMATION            
Total revenues 730   1,014   1,618 1,938
Segment adjusted EBITDA 31   156   115 280
Operating segments | Performance Products            
OPERATING SEGMENT INFORMATION            
Total revenues 228   299   520 599
Segment adjusted EBITDA 29   42   87 87
Operating segments | Advanced Materials            
OPERATING SEGMENT INFORMATION            
Total revenues 192   275   433 547
Segment adjusted EBITDA 30   55   78 108
Operating segments | Textile Effects            
OPERATING SEGMENT INFORMATION            
Total revenues 102   215   282 404
Segment adjusted EBITDA (4)   28   16 50
Corporate and eliminations            
OPERATING SEGMENT INFORMATION            
Total revenues (5)   (19)   (13) (35)
Corporate and other            
OPERATING SEGMENT INFORMATION            
Segment adjusted EBITDA (32)   (36)   (77) (76)
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES            
OPERATING SEGMENT INFORMATION            
Total revenues 1,247   1,784   2,840 3,453
Segment adjusted EBITDA 56   246   222 452
Reconciliation of adjusted EBITDA to net (loss) income:            
Interest expense, net - continuing operations (21)   (33)   (41) (68)
Income tax benefit (expense)-continuing operations 13   (37)   6 (81)
Income tax expense-discontinued operations (1)   (14)   (239) (19)
Depreciation and amortization - continuing operations (69)   (69)   (136) (136)
Depreciation and amortization - discontinued operations     (23)     (46)
Net income attributable to noncontrolling interests 3   8   6 20
Other adjustments:            
Business acquisition and integration expenses and purchase accounting inventory adjustments (8)       (21) (1)
EBITDA from discontinued operations 6   72   1,021 123
Fair value adjustments to Venator investment 4   (18)   (106) 58
Loss on early extinguishment of debt           (23)
Certain legal settlements and related expenses (4)       (6)  
(Loss) gain on sale of businesses/assets (1)       1  
Income from transition services arrangements 5       5  
Certain nonrecurring information technology project implementation costs (1)       (2)  
Amortization of pension and postretirement actuarial losses (21)   (17)   (39) (35)
Plant incident remediation costs (1)       (1)  
Restructuring, impairment and plant closing and transition costs (19)       (22) (1)
Net (loss) income (59) $ 707 115 $ 128 648 243
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Operating segments | Polyurethanes            
OPERATING SEGMENT INFORMATION            
Segment adjusted EBITDA 31   156   115 280
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Operating segments | Performance Products            
OPERATING SEGMENT INFORMATION            
Segment adjusted EBITDA 29   42   87 87
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Operating segments | Advanced Materials            
OPERATING SEGMENT INFORMATION            
Segment adjusted EBITDA 30   55   78 108
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Operating segments | Textile Effects            
OPERATING SEGMENT INFORMATION            
Segment adjusted EBITDA (4)   28   16 50
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Corporate and other            
OPERATING SEGMENT INFORMATION            
Segment adjusted EBITDA $ (30)   $ (35)   $ (74) $ (73)