Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATION AND ACQUISITIONS (Details)

v3.20.2
BUSINESS COMBINATION AND ACQUISITIONS (Details) - USD ($)
$ in Millions
3 Months Ended 4 Months Ended 7 Months Ended 9 Months Ended
May 18, 2020
Feb. 20, 2020
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2020
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Fair value of assets acquired and liabilities assumed:                  
Goodwill     $ 523   $ 523 $ 523 $ 523   $ 276
CVC Thermoset Specialties                  
BUSINESS COMBINATIONS                  
Transaction related costs     0       5    
Revenue from date of acquisition         25        
Net income (loss) from date of acquisition         (4)        
Fair value of assets acquired and liabilities assumed:                  
Cash paid for acquisition $ 306                
Accounts receivable 12                
Inventories 39                
Property, plant and equipment, net 88                
Intangible assets 60                
Goodwill 119                
Accounts payable (7)                
Deferred income taxes (5)                
Total fair value of net assets acquired $ 306                
Estimated pro forma revenues and net income (loss) attributable to business acquisition                  
Revenues       $ 1,714     4,382 $ 5,228  
Net (loss) income       61     707 327  
Net (loss) income attributable to Huntsman       50     692 296  
Icynene-Lapolla                  
BUSINESS COMBINATIONS                  
Net acquisition cost   $ 353              
Transaction related costs     0       14    
Revenue from date of acquisition           139      
Net income (loss) from date of acquisition           4      
Fair value of assets acquired and liabilities assumed:                  
Cash paid for acquisition   353              
Cash   7              
Accounts receivable   37              
Inventories   36              
Prepaid expenses and other current assets   1              
Property, plant and equipment, net   7              
Intangible assets   165              
Goodwill   134              
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       1,746     4,380 5,312  
Net (loss) income       36     702 280  
Net (loss) income attributable to Huntsman       25     687 249  
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES                  
Fair value of assets acquired and liabilities assumed:                  
Goodwill     $ 523   $ 523 $ 523 523   $ 276
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | CVC Thermoset Specialties                  
Estimated pro forma revenues and net income (loss) attributable to business acquisition                  
Revenues       1,714     4,382 5,228  
Net (loss) income       58     707 318  
Net (loss) income attributable to Huntsman       47     692 287  
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES | Icynene-Lapolla                  
Estimated pro forma revenues and net income (loss) attributable to business acquisition                  
Revenues       1,746     4,380 5,312  
Net (loss) income       33     702 271  
Net (loss) income attributable to Huntsman       $ 22     $ 687 $ 240