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Annual report pursuant to Section 13 and 15(d)

BUSINESS COMBINATION AND ACQUISITIONS - DEMILEC (Details)

v3.19.3.a.u2
BUSINESS COMBINATION AND ACQUISITIONS - DEMILEC (Details) - USD ($)
$ in Millions
3 Months Ended 8 Months Ended 12 Months Ended
Apr. 23, 2018
Dec. 31, 2018
Dec. 31, 2018
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2019
BUSINESS COMBINATIONS Ìý Ìý Ìý Ìý Ìý Ìý
Transaction related costs Ìý Ìý Ìý $ 2 $ 28 Ìý
Fair value of assets acquired and liabilities assumed: Ìý Ìý Ìý Ìý Ìý Ìý
Goodwill Ìý $ 275 $ 275 275 Ìý $ 276
Estimated pro forma revenues and net income (loss) attributable to business acquisition Ìý Ìý Ìý Ìý Ìý Ìý
Revenues Ìý Ìý Ìý 7,662 7,010 Ìý
Net income Ìý Ìý Ìý 639 728 Ìý
Net income attributable to business acquisition Ìý Ìý Ìý 326 623 Ìý
Demilec Ìý Ìý Ìý Ìý Ìý Ìý
BUSINESS COMBINATIONS Ìý Ìý Ìý Ìý Ìý Ìý
Equity interest acquired (as a percent) 100.00% Ìý Ìý Ìý Ìý Ìý
Transaction related costs Ìý Ìý Ìý 5 Ìý Ìý
Acquired intangible assets estimated useful life 15 years Ìý Ìý Ìý Ìý Ìý
Revenue from date of acquisition Ìý Ìý 142 Ìý Ìý Ìý
Net income from date of acquisition Ìý Ìý 5 Ìý Ìý Ìý
Fair value of assets acquired and liabilities assumed: Ìý Ìý Ìý Ìý Ìý Ìý
Cash paid for Demilec Acquisition in Q2 2018 $ 357 Ìý Ìý Ìý Ìý Ìý
Purchase price adjustment received in Q3 2018 (4) (4) Ìý Ìý Ìý Ìý
Net acquisition cost 353 Ìý Ìý Ìý Ìý Ìý
Cash 1 Ìý Ìý Ìý Ìý Ìý
Accounts receivable 31 Ìý Ìý Ìý Ìý Ìý
Inventories 23 Ìý Ìý Ìý Ìý Ìý
Prepaid expenses and other current assets 1 Ìý Ìý Ìý Ìý Ìý
Property, plant and equipment, net 21 Ìý Ìý Ìý Ìý Ìý
Intangible assets 177 Ìý Ìý Ìý Ìý Ìý
Goodwill 140 Ìý Ìý Ìý Ìý Ìý
Accounts payable (16) Ìý Ìý Ìý Ìý Ìý
Accrued liabilities (3) Ìý Ìý Ìý Ìý Ìý
Deferred income taxes (22) Ìý Ìý Ìý Ìý Ìý
Total fair value of net assets acquired $ 353 Ìý Ìý Ìý Ìý Ìý
HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES Ìý Ìý Ìý Ìý Ìý Ìý
BUSINESS COMBINATIONS Ìý Ìý Ìý Ìý Ìý Ìý
Transaction related costs Ìý Ìý Ìý 2 28 Ìý
Fair value of assets acquired and liabilities assumed: Ìý Ìý Ìý Ìý Ìý Ìý
Goodwill Ìý $ 275 $ 275 275 Ìý $ 276
Estimated pro forma revenues and net income (loss) attributable to business acquisition Ìý Ìý Ìý Ìý Ìý Ìý
Revenues Ìý Ìý Ìý 7,662 7,010 Ìý
Net income Ìý Ìý Ìý 625 721 Ìý
Net income attributable to business acquisition Ìý Ìý Ìý $ 312 $ 616 Ìý