Huntsman Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Business Combinations and Acquisitions (Tables)

Note 3 - Business Combinations and Acquisitions (Tables)

6 Months Ended

Jun. 30, 2021

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Fair value of assets acquired and liabilities assumed:
Cash paid for the Gabriel Acquisition		$	251

Cash		$	9
Accounts receivable			13
Inventories			26
Property, plant and equipment			23
Intangible assets			16
Goodwill			174
Accounts payable			(7	)
Accrued liabilities			(2	)
Deferred income taxes			(1	)
Total fair value of net assets acquired		$	251

Fair value of assets acquired and liabilities assumed:
Cash paid for the CVC Thermoset Specialties Acquisition		$	304

Accounts receivable		$	12
Inventories			37
Property, plant and equipment			67
Intangible assets			117
Goodwill			120
Accounts payable			(7	)
Accrued liabilities			(1	)
Deferred income taxes			(41	)
Total fair value of net assets acquired		$	304

Fair value of assets acquired and liabilities assumed:
Cash paid for the Icynene-Lapolla Acquisition		$	353

Cash		$	7
Accounts receivable			36
Inventories			32
Prepaid expenses and other current assets			2
Property, plant and equipment			9
Intangible assets			130
Goodwill			167
Other noncurrent assets			4
Accounts payable			(14	)
Accrued liabilities			(11	)
Deferred income taxes			(9	)
Total fair value of net assets acquired		$	353

Business Acquisition, Pro Forma Information [Table Text Block]

		*Three months*				*Six months*
		*ended*				*ended*
		*June 30,*				*June 30,*
		*2020*				*2021(1)*				*2020*
Revenues		$	1,276			$	3,865			$	2,951
Net (loss) income			(64	)			260				641
Net (loss) income attributable to Huntsman Corporation			(67	)			227				635

		*Three months*				*Six months*
		*ended*				*ended*
		*June 30,*				*June 30,*
		*2020*				*2021(1)*					*2020*
Revenues		$	1,276			$	3,865			$	2,951
Net (loss) income			(64	)			263				640
Net (loss) income attributable to Huntsman International			(67	)			230				634