乐天堂fun88(中国区)官方网站

Annual report pursuant to Section 13 and 15(d)

BUSINESS COMBINATIONS AND ACQUISITIONS (Tables)

v3.19.3.a.u2
BUSINESS COMBINATIONS AND ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2019
BUSINESS COMBINATIONS
Schedule of effects of changes in ownership interest in joint venture

The effects of changes in our ownership interest in Sasol-乐天堂fun88(中国区)官方网站 on the equity attributable to 乐天堂fun88(中国区)官方网站 Corporation and 乐天堂fun88(中国区)官方网站 International are as follows (dollars in millions):

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Year ended December听31,听

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2019

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2018

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2017

Net income attributable to 乐天堂fun88(中国区)官方网站 Corporation shareholders

$

562

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$

337

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$

636

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Decrease in 乐天堂fun88(中国区)官方网站 Corporation鈥檚 paid-in capital for purchase of 50% interest in Sasol-乐天堂fun88(中国区)官方网站

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(11)

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Net transfers to noncontrolling interest

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(11)

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Change from net income attributable to 乐天堂fun88(中国区)官方网站 Corporation shareholders and transfers to noncontrolling interest

$

551

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$

337

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$

636

Schedule of allocation of acquisition cost to the assets acquired and liabilities assumed

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Fair value of assets acquired and liabilities assumed:

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Cash paid for the Demilec Acquisition in Q2 2018

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$

357

Purchase price adjustment received in Q3 2018

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(4)

Net acquisition cost

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$

353

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Cash

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$

1

Accounts receivable

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31

Inventories

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23

Prepaid expenses and other current assets

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1

Property, plant and equipment, net

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21

Intangible assets

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177

Goodwill

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140

Accounts payable

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(16)

Accrued liabilities

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(3)

Deferred income taxes

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(22)

Other noncurrent liabilities

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Total fair value of net assets acquired

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$

353

Schedule of estimated pro forma revenues and net income

If this acquisition were to have occurred on January 1, 2017, the following estimated pro forma revenues, net income, net income attributable to 乐天堂fun88(中国区)官方网站 Corporation and 乐天堂fun88(中国区)官方网站 International and income per share for 乐天堂fun88(中国区)官方网站 Corporation would have been reported (dollars in millions):

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Pro Forma (Unaudited)

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Year ended December听31,听

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2018

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2017

Revenues

$

7,662

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$

7,010

Net income

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639

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鈥�

728

Net income attributable to 乐天堂fun88(中国区)官方网站 Corporation

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326

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623

HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES
BUSINESS COMBINATIONS
Schedule of effects of changes in ownership interest in joint venture

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Year ended December听31,听

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2019

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2018

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2017

Net income attributable to 乐天堂fun88(中国区)官方网站 International shareholders

$

551

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$

323

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$

629

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Decrease in 乐天堂fun88(中国区)官方网站 International鈥檚 paid-in capital for purchase of 50% interest in Sasol-乐天堂fun88(中国区)官方网站

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(11)

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Net transfers to noncontrolling interest

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(11)

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Change from net income attributable to 乐天堂fun88(中国区)官方网站 International shareholders and transfers to noncontrolling interest

$

540

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$

323

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$

629

Schedule of estimated pro forma revenues and net income

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Pro Forma (Unaudited)

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Year ended December听31,听

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2018

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2017

Revenues

$

7,662

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$

7,010

Net income

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625

鈥�

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721

Net income attributable to 乐天堂fun88(中国区)官方网站 International

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312

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616