ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

OPERATING SEGMENT INFORMATION (Tables)

v2.4.0.8
OPERATING SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2013
OPERATING SEGMENT INFORMATION Ìý
Schedule of major products by reportable operating segment
Segment
Ìý Products
Polyurethanes Ìý MDI, PO, polyols, PG, TPU, aniline and MTBE

Performance Products
Ìý
amines, surfactants, LAB, maleic anhydride, other performance chemicals, EG, olefins and technology licenses

Advanced Materials
Ìý
epoxy resin compounds and formulations; cross-linking, matting and curing agents; epoxy, acrylic and polyurethane- based adhesives and tooling resin formulations

Textile Effects
Ìý
textile chemicals and dyes

Pigments
Ìý
titanium dioxide
Segment reporting information Ìý
Schedule of revenues and EBITDA

The revenues and EBITDA for each of our reportable operating segments are as follows (dollars in millions):

Ìý
 Ìý Three months
ended JuneÌý30,		 Ìý Six months
ended JuneÌý30,		 Ìý
Ìý
 Ìý 2013 Ìý 2012 Ìý 2013 Ìý 2012 Ìý

Revenues:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Polyurethanes

 Ìý $ 1,246 Ìý $ 1,262 Ìý $ 2,428 Ìý $ 2,475 Ìý

Performance Products

 Ìý Ìý 777 Ìý Ìý 778 Ìý Ìý 1,499 Ìý Ìý 1,592 Ìý

Advanced Materials

 Ìý Ìý 321 Ìý Ìý 346 Ìý Ìý 657 Ìý Ìý 686 Ìý

Textile Effects

 Ìý Ìý 216 Ìý Ìý 195 Ìý Ìý 404 Ìý Ìý 380 Ìý

Pigments

 Ìý Ìý 334 Ìý Ìý 407 Ìý Ìý 664 Ìý Ìý 831 Ìý

Eliminations

 Ìý Ìý (64 ) Ìý (74 ) Ìý (120 ) Ìý (137 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Total

 Ìý $ 2,830 Ìý $ 2,914 Ìý $ 5,532 Ìý $ 5,827 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Segment EBITDA(1):

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Polyurethanes

 Ìý $ 163 Ìý $ 170 Ìý $ 330 Ìý $ 341 Ìý

Performance Products

 Ìý Ìý 105 Ìý Ìý 86 Ìý Ìý 154 Ìý Ìý 175 Ìý

Advanced Materials

 Ìý Ìý 24 Ìý Ìý 22 Ìý Ìý 27 Ìý Ìý 53 Ìý

Textile Effects

 Ìý Ìý (9 ) Ìý (10 ) Ìý (36 ) Ìý (15 )

Pigments

 Ìý Ìý 25 Ìý Ìý 131 Ìý Ìý 28 Ìý Ìý 277 Ìý

Corporate and other(2)

 Ìý Ìý (61 ) Ìý (44 ) Ìý (141 ) Ìý (85 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Subtotal

 Ìý Ìý 247 Ìý Ìý 355 Ìý Ìý 362 Ìý Ìý 746 Ìý

Discontinued Operations(3)

 Ìý Ìý 2 Ìý Ìý (3 ) Ìý (1 ) Ìý (4 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Total

 Ìý Ìý 249 Ìý Ìý 352 Ìý Ìý 361 Ìý Ìý 742 Ìý

Interest expense, net

 Ìý Ìý (47 ) Ìý (57 ) Ìý (98 ) Ìý (116 )

Income tax expense—continuing operations

 Ìý Ìý (44 ) Ìý (65 ) Ìý (24 ) Ìý (125 )

Income tax (expense) benefit—discontinued operations

 Ìý Ìý (2 ) Ìý 1 Ìý Ìý â€� Ìý Ìý 2 Ìý

Depreciation and amortization

 Ìý Ìý (109 ) Ìý (107 ) Ìý (216 ) Ìý (216 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Net income attributable to ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation

 Ìý $ 47 Ìý $ 124 Ìý $ 23 Ìý $ 287 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý


Ìý

Ìý
 Ìý Three months
ended JuneÌý30,		 Ìý Six months
ended JuneÌý30,		 Ìý
Ìý
 Ìý 2013 Ìý 2012 Ìý 2013 Ìý 2012 Ìý

ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Segment EBITDA(1):

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Polyurethanes

 Ìý $ 163 Ìý $ 170 Ìý $ 330 Ìý $ 341 Ìý

Performance Products

 Ìý Ìý 105 Ìý Ìý 86 Ìý Ìý 154 Ìý Ìý 175 Ìý

Advanced Materials

 Ìý Ìý 24 Ìý Ìý 22 Ìý Ìý 27 Ìý Ìý 53 Ìý

Textile Effects

 Ìý Ìý (9 ) Ìý (10 ) Ìý (36 ) Ìý (15 )

Pigments

 Ìý Ìý 25 Ìý Ìý 131 Ìý Ìý 28 Ìý Ìý 277 Ìý

Corporate and other(2)

 Ìý Ìý (62 ) Ìý (43 ) Ìý (141 ) Ìý (84 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Subtotal

 Ìý Ìý 246 Ìý Ìý 356 Ìý Ìý 362 Ìý Ìý 747 Ìý

Discontinued Operations(3)

 Ìý Ìý 2 Ìý Ìý (3 ) Ìý (1 ) Ìý (4 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Total

 Ìý Ìý 248 Ìý Ìý 353 Ìý Ìý 361 Ìý Ìý 743 Ìý

Interest expense, net

 Ìý Ìý (51 ) Ìý (61 ) Ìý (105 ) Ìý (122 )

Income tax expense—continuing operations

 Ìý Ìý (44 ) Ìý (65 ) Ìý (26 ) Ìý (126 )

Income tax (expense) benefit—discontinued operations

 Ìý Ìý (2 ) Ìý 1 Ìý Ìý â€� Ìý Ìý 2 Ìý

Depreciation and amortization

 Ìý Ìý (102 ) Ìý (101 ) Ìý (204 ) Ìý (204 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Net income attributable to ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International

 Ìý $ 49 Ìý $ 127 Ìý $ 26 Ìý $ 293 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
(1)
Segment EBITDA is defined as net income attributable to ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation or ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International, as appropriate, before interest, income tax, depreciation and amortization, and certain Corporate and other items.

(2)
Corporate and other includes unallocated corporate overhead, unallocated foreign exchange gains and losses, LIFO inventory valuation reserve adjustments, loss on early extinguishment of debt, unallocated restructuring, impairment and plant closing costs and non-operating income and expense.

(3)
The operating results of our former polymers, base chemicals and Australian styrenics businesses are classified as discontinued operations, and, accordingly, the revenues of these businesses are excluded for all periods presented. The EBITDA of our former polymers, base chemicals and Australian styrenics businesses are included in discontinued operations for all periods presented.