ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Registration of securities issued in business combination transactions

OPERATING SEGMENT INFORMATION (Tables)

v2.4.0.8
OPERATING SEGMENT INFORMATION (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2014
Dec. 31, 2013
OPERATING SEGMENT INFORMATION Ìý Ìý
Schedule of major products by reportable operating segment

Ìý

Ìý

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

Ìý

Ìý

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 Basic liquid and solid epoxy resins; specialty resin compounds; cross-linking, matting and curing agents; epoxy, acrylic and polyurethane-based formulations
Textile Effects Ìý textile chemicals and dyes
Pigments Ìý titanium dioxide
Schedule of revenues and EBITDA for each of the entity's reportable operating segments

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

Ìý
 Ìý Three months
ended MarchÌý31,		 Ìý
Ìý
 Ìý 2014 Ìý 2013 Ìý

Revenues:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Polyurethanes

 Ìý $ 1,200 Ìý $ 1,182 Ìý

Performance Products

 Ìý Ìý 765 Ìý Ìý 722 Ìý

Advanced Materials

 Ìý Ìý 319 Ìý Ìý 336 Ìý

Textile Effects

 Ìý Ìý 224 Ìý Ìý 188 Ìý

Pigments

 Ìý Ìý 318 Ìý Ìý 330 Ìý

Eliminations

 Ìý Ìý (71 ) Ìý (56 )
Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � �

Total

 Ìý $ 2,755 Ìý $ 2,702 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � �
� � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý


Ìý

Ìý
 Ìý Three months
ended MarchÌý31,		 Ìý
Ìý
 Ìý 2014 Ìý 2013 Ìý

Segment EBITDA(1):

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Polyurethanes

 Ìý $ 158 Ìý $ 167 Ìý

Performance Products

 Ìý Ìý 92 Ìý Ìý 49 Ìý

Advanced Materials

 Ìý Ìý 41 Ìý Ìý 3 Ìý

Textile Effects

 Ìý Ìý 8 Ìý Ìý (27 )

Pigments

 Ìý Ìý 13 Ìý Ìý 3 Ìý

Corporate and other(2)

 Ìý Ìý (44 ) Ìý (79 )
Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � �

Subtotal

 Ìý Ìý 268 Ìý Ìý 116 Ìý

Discontinued Operations(3)

 Ìý Ìý (7 ) Ìý (3 )
Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � �

Total

 Ìý Ìý 261 Ìý Ìý 113 Ìý

Interest expense

 Ìý Ìý (51 ) Ìý (54 )

Income tax (expense) benefit—continuing operations

 Ìý Ìý (37 ) Ìý 18 Ìý

Income tax benefit—discontinued operations

 Ìý Ìý â€� Ìý Ìý 2 Ìý

Depreciation and amortization

 Ìý Ìý (116 ) Ìý (102 )
Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � �

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

 Ìý $ 57 Ìý $ (23 )
Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � �
� � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý
(1)
Segment EBITDA is defined as net income (loss) attributable to ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International 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, nonoperating income and expense, benzene sales and gains and losses on the disposition of corporate assets.

(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.

The EBITDA of operating segments excludes items that principally apply to our Company as a whole. The revenues and EBITDA for each of our reportable operating segments are as follows (dollars in millions):

Ìý
 Ìý Year ended DecemberÌý31, Ìý
Ìý
 Ìý 2013 Ìý 2012 Ìý 2011 Ìý

Revenues:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Polyurethanes

 Ìý $ 4,964 Ìý $ 4,894 Ìý $ 4,434 Ìý

Performance Products

 Ìý Ìý 3,019 Ìý Ìý 3,065 Ìý Ìý 3,301 Ìý

Advanced Materials

 Ìý Ìý 1,267 Ìý Ìý 1,325 Ìý Ìý 1,372 Ìý

Textile Effects

 Ìý Ìý 811 Ìý Ìý 752 Ìý Ìý 737 Ìý

Pigments

 Ìý Ìý 1,269 Ìý Ìý 1,436 Ìý Ìý 1,642 Ìý

Eliminations

 Ìý Ìý (251 ) Ìý (285 ) Ìý (265 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �

Total

 Ìý $ 11,079 Ìý $ 11,187 Ìý $ 11,221 Ìý
Ìý Ìý Ìý 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

Polyurethanes

 Ìý $ 696 Ìý $ 726 Ìý $ 469 Ìý

Performance Products

 Ìý Ìý 372 Ìý Ìý 360 Ìý Ìý 385 Ìý

Advanced Materials

 Ìý Ìý 86 Ìý Ìý 54 Ìý Ìý 125 Ìý

Textile Effects

 Ìý Ìý (78 ) Ìý (49 ) Ìý (199 )

Pigments

 Ìý Ìý 79 Ìý Ìý 352 Ìý Ìý 501 Ìý

Corporate and other(2)

 Ìý Ìý (262 ) Ìý (251 ) Ìý (236 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �

Subtotal

 Ìý Ìý 893 Ìý Ìý 1,192 Ìý Ìý 1,045 Ìý

Discontinued Operations(3)

 Ìý Ìý (5 ) Ìý (5 ) Ìý (6 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �

Total

 Ìý Ìý 888 Ìý Ìý 1,187 Ìý Ìý 1,039 Ìý

Interest expense, net

 Ìý Ìý (203 ) Ìý (238 ) Ìý (262 )

Income tax expense—continuing operations

 Ìý Ìý (137 ) Ìý (179 ) Ìý (113 )

Income tax benefit—discontinued operations

 Ìý Ìý 2 Ìý Ìý 3 Ìý Ìý 5 Ìý

Depreciation and amortization

 Ìý Ìý (424 ) Ìý (408 ) Ìý (416 )
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �

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

 Ìý $ 126 Ìý $ 365 Ìý $ 253 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �
� � � � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Depreciation and Amortization:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Polyurethanes

 Ìý $ 156 Ìý $ 152 Ìý $ 160 Ìý

Performance Products

 Ìý Ìý 121 Ìý Ìý 113 Ìý Ìý 110 Ìý

Advanced Materials

 Ìý Ìý 38 Ìý Ìý 31 Ìý Ìý 33 Ìý

Textile Effects

 Ìý Ìý 17 Ìý Ìý 23 Ìý Ìý 27 Ìý

Pigments

 Ìý Ìý 73 Ìý Ìý 69 Ìý Ìý 74 Ìý

Corporate and other(2)

 Ìý Ìý 17 Ìý Ìý 15 Ìý Ìý 12 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �

Subtotal

 Ìý Ìý 422 Ìý Ìý 403 Ìý Ìý 416 Ìý

Discontinued Operations

 Ìý Ìý 2 Ìý Ìý 5 Ìý Ìý â€� Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �

Total

 Ìý $ 424 Ìý $ 408 Ìý $ 416 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �
� � � � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Capital Expenditures:

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Polyurethanes

 Ìý $ 132 Ìý $ 107 Ìý $ 85 Ìý

Performance Products

 Ìý Ìý 115 Ìý Ìý 117 Ìý Ìý 96 Ìý

Advanced Materials

 Ìý Ìý 73 Ìý Ìý 41 Ìý Ìý 39 Ìý

Textile Effects

 Ìý Ìý 31 Ìý Ìý 27 Ìý Ìý 34 Ìý

Pigments

 Ìý Ìý 98 Ìý Ìý 98 Ìý Ìý 57 Ìý

Corporate and other

 Ìý Ìý 22 Ìý Ìý 22 Ìý Ìý 19 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �

Total

 Ìý $ 471 Ìý $ 412 Ìý $ 330 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �
� � � � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý
 Ìý DecemberÌý31, Ìý
Ìý
 Ìý 2013 Ìý 2012 Ìý 2011 Ìý

Total Assets(4):

 Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Polyurethanes

 Ìý $ 2,839 Ìý $ 2,733 Ìý $ 2,687 Ìý

Performance Products

 Ìý Ìý 2,320 Ìý Ìý 2,242 Ìý Ìý 2,205 Ìý

Advanced Materials

 Ìý Ìý 918 Ìý Ìý 909 Ìý Ìý 874 Ìý

Textile Effects

 Ìý Ìý 653 Ìý Ìý 630 Ìý Ìý 591 Ìý

Pigments

 Ìý Ìý 1,469 Ìý Ìý 1,536 Ìý Ìý 1,376 Ìý

Corporate and other

 Ìý Ìý 1,212 Ìý Ìý 820 Ìý Ìý 597 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � �

Total

 Ìý $ 9,411 Ìý $ 8,870 Ìý $ 8,330 Ìý
Ìý Ìý Ìý Ìý Ìý 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 International 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.

(4)
Effective in the fourth quarter of 2013, we began reclassifying cash and deferred tax amounts from our business segments to Corporate and other and we began reclassifying intercompany investment amounts from our business segments to Corporate and other to mirror the treatment of related elimination amounts. The amounts for prior periods have been reclassified to conform to the current presentation.