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Exhibit 99.1
UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
The Unaudited Pro Forma Condensed Consolidated Statement of Financial Position as of September 30, 2010 has been presented after giving effect to the completion of the Transaction as if it had occurred on September 30, 2010.
The Unaudited Pro Forma Condensed Consolidated Statements of Earnings for the nine months ended September 30, 2010 and 2009 and for the years ended December 31, 2009, 2008, and 2007, have been presented after giving effect to the completion of the Transaction as if it had occurred on January 1, 2007 and do not assume interest income on expected cash proceeds.
The unaudited pro forma condensed consolidated financial statements as of and for the respective periods presented have been derived primarily from the historical audited consolidated financial statements of the Company contained in its Annual Report on Form 10-K for the year ended December 31, 2009 as well as the unaudited consolidated financial statements of the Company contained in its quarterly report on Form 10-Q for the quarter ended September 30, 2010. The unaudited pro forma condensed consolidated financial statements are based upon available information and assumptions that the Company believes are reasonable under the circumstances and were prepared to illustrate the estimated effects of the Transaction, if the Transaction occurred as of and on the dates specified above. As the Transaction has not been completed, the Company has not finalized its accounting for discontinued operations for the periods presented herein, and therefore amounts reported in future financial statements with the Securities and Exchange Commission for the periods presented herein could differ from these pro forma estimates.
The unaudited pro forma condensed consolidated financial statements have been provided for informational purposes and should not be considered indicative of the financial condition or results of operations that would have been achieved had the Transaction occurred as of or for the periods presented. In addition, the unaudited pro forma condensed consolidated financial statements do not purport to indicate financial position or results of operations as of any future date or for any future period, including expected benefits and incremental earnings that may arise, if any, from the Transaction. The unaudited pro forma financial statements, including the related notes, should be read in conjunction with the historical audited consolidated financial statements contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2009 and the historical unaudited condensed consolidated financial statements included in the Company’s quarterly report on Form 10-Q for the quarter ended September 30, 2010.
The PET business, assets, and technology to be sold by the Company in the Transaction are substantially all of the Performance Polymers segment. Performance Polymers segment operating results will be presented as discontinued operations in the Company’s future filings with the SEC. Corporate costs which were allocated to the Performance Polymers segment will be reallocated to other segments in the Company’s financial statements.

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UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As of September 30, 2010
                         
            Adjustments        
            Resulting        
            from Disposal        
(In millions)           of PET        
    Historical(a)     Business     Pro Forma  
 
                       
Assets
                       
Current assets
                       
Cash and cash equivalents
  $ 642     $ 600 (b)   $ 1,242  
Trade receivables, net
    701       (113) (c)     588  
Miscellaneous receivables
    66       (1) (c)     65  
Inventories
    652       (93) (c)     559  
Other current assets
    40       (3) (d)     37  
 
                 
Total current assets
    2,101       390       2,491  
 
                 
 
                       
Properties and equipment, net
    3,166       (374) (c)     2,792  
 
                 
 
                       
Goodwill
    377             377  
Other noncurrent assets
    345       (23) (c)     322  
 
                 
Total assets
  $ 5,989     $ (7 )   $ 5,982  
 
                 
 
                       
Liabilities and Stockholders’ Equity
                       
Current liabilities
                       
Payables and other current liabilities
  $ 936     $ (56) (c)   $ 993  
 
            (15) (d)        
 
            128 (e)        
Borrowings due within one year
    4             4  
 
                 
Total current liabilities
    940       57       997  
 
                 
 
                       
Long-term borrowings
    1,602             1,602  
Deferred income tax liabilities
    297       (90) (d)     207  
Post-employment obligations
    1,198             1,198  
Other long-term liabilities
    142       (3) (c)     139  
 
                 
Total liabilities
    4,179       (36 )     4,143  
 
                 
 
                       
Total stockholders’ equity
    1,810       29 (f)     1,839  
 
                 
 
                       
Total liabilities and stockholders’ equity
  $ 5,989     $ (7 )   $ 5,982  
 
                 
See notes to these unaudited pro forma condensed consolidated financial statements.

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UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF EARNINGS
For the Nine Months Ended September 30, 2010
                         
            Adjustments        
            Resulting        
            from Disposal        
(In millions, except per share amounts)           of PET        
    Historical(a)     Business(g)     Pro Forma  
 
                       
Sales
  $ 5,017     $ (638 )   $ 4,379  
Cost of sales
    3,847       (589 )     3,258  
 
                 
Gross profit
    1,170       (49 )     1,121  
 
                       
Selling, general and administrative expenses
    333       (22 )     311  
Research and development expenses
    115       (7 )     108  
Asset impairments and restructuring charges, net
    3             3  
 
                 
Operating earnings
    719       (20 )     699  
 
                       
Net interest expense
    75             75  
Other charges (income), net
    11             11  
 
                 
Earnings from continuing operations before income taxes
    633       (20 )     613  
Provision for income taxes from continuing operations
    214       (8 )     206  
 
                 
Earnings from continuing operations
  $ 419     $ (12 )   $ 407  
 
                 
 
                       
Earnings per share from continuing operations
                       
Basic
  $ 5.81     $ (0.17 )   $ 5.64  
 
                 
Diluted
  $ 5.70     $ (0.17 )   $ 5.53  
 
                 
 
                       
Shares (in millions) used for earnings per share calculation
                       
Basic
    72.1               72.1  
Diluted
    73.6               73.6  
See notes to these unaudited pro forma condensed consolidated financial statements.

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UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF EARNINGS
For the Nine Months Ended September 30, 2009
                         
            Adjustments        
            Resulting        
            from Disposal        
(In millions, except per share amounts)           of PET        
    Historical(a)     Business(g)     Pro Forma  
 
                       
Sales
  $ 3,719     $ (509 )   $ 3,210  
Cost of sales
    2,952       (474 )     2,478  
 
                 
Gross profit
    767       (35 )     732  
 
                       
Selling, general and administrative expenses
    296       (23 )     273  
Research and development expenses
    101       (10 )     91  
Asset impairments and restructuring charges, net
    23       (4 )     19  
 
                 
Operating earnings
    347       2       349  
 
                       
Net interest expense
    58             58  
Other charges (income), net
    11             11  
 
                 
Earnings from continuing operations before income taxes
    278       2       280  
Provision for income taxes from continuing operations
    110             110  
 
                 
Earnings from continuing operations
  $ 168     $ 2     $ 170  
 
                 
 
                       
Earnings per share from continuing operations
                       
Basic
  $ 2.31     $ 0.02     $ 2.33  
 
                 
Diluted
  $ 2.29     $ 0.02     $ 2.31  
 
                 
 
                       
Shares (in millions) used for earnings per share calculation
                       
Basic
    72.5               72.5  
Diluted
    73.3               73.3  
See notes to these unaudited pro forma condensed consolidated financial statements.

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UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF EARNINGS
For the Year Ended December 31, 2009
                         
            Adjustments        
            Resulting        
            from Disposal        
(In millions, except per share amounts)           of PET        
    Historical(h)     Business(g)     Pro Forma  
 
                       
Sales
  $ 5,047     $ (651 )   $ 4,396  
Cost of sales
    3,994       (631 )     3,363  
 
                 
Gross profit
    1,053       (20 )     1,033  
 
                       
Selling, general and administrative expenses
    399       (31 )     368  
Research and development expenses
    137       (13 )     124  
Asset impairments and restructuring charges, net
    200       (4 )     196  
 
                 
Operating earnings
    317       28       345  
 
                       
Net interest expense
    78             78  
Other charges (income), net
    13             13  
 
                 
Earnings from continuing operations before income taxes
    226       28       254  
Provision for income taxes from continuing operations
    90       10       100  
 
                 
Earnings from continuing operations
  $ 136     $ 18     $ 154  
 
                 
 
                       
Earnings per share from continuing operations
                       
Basic
  $ 1.88     $ 0.24     $ 2.12  
 
                 
Diluted
  $ 1.85     $ 0.25     $ 2.10  
 
                 
 
                       
Shares (in millions) used for earnings per share calculation
                       
Basic
    72.5               72.5  
Diluted
    73.4               73.4  
See notes to these unaudited pro forma condensed consolidated financial statements.

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UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF EARNINGS
For the Year Ended December 31, 2008
                         
            Adjustments        
            Resulting        
            from Disposal        
(In millions, except per share amounts)           of PET        
    Historical(h)     Business(g)     Pro Forma  
 
                       
Sales
  $ 6,726     $ (791 )   $ 5,935  
Cost of sales
    5,600       (747 )     4,853  
 
                 
Gross profit
    1,126       (44 )     1,082  
 
                       
Selling, general and administrative expenses
    419       (37 )     382  
Research and development expenses
    158       (15 )     143  
Asset impairments and restructuring charges, net
    46       (24 )     22  
Other operating income, net
    (16 )           (16 )
 
                 
Operating earnings
    519       32       551  
 
                       
Net interest expense
    70             70  
Other charges (income), net
    20             20  
 
                 
Earnings from continuing operations before income taxes
    429       32       461  
Provision for income taxes from continuing operations
    101       17       118  
 
                 
Earnings from continuing operations
  $ 328     $ 15     $ 343  
 
                 
 
                       
Earnings per share from continuing operations
                       
Basic
  $ 4.36     $ 0.20     $ 4.56  
 
                 
Diluted
  $ 4.31     $ 0.20     $ 4.51  
 
                 
 
                       
Shares (in millions) used for earnings per share calculation
                       
Basic
    75.2               75.2  
Diluted
    76.0               76.0  
See notes to these unaudited pro forma condensed consolidated financial statements.

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UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF EARNINGS
For the Year Ended December 31, 2007
                         
            Adjustments        
            Resulting        
            from Disposal        
(In millions, except per share amounts)           of PET        
    Historical(h)     Business(g)     Pro Forma  
 
                       
Sales
  $ 6,830     $ (1,317 )   $ 5,513  
Cost of sales
    5,638       (1,317 )     4,321  
 
                 
Gross profit
    1,192             1,192  
 
                       
Selling, general and administrative expenses
    420       (49 )     371  
Research and development expenses
    156       (17 )     139  
Asset impairments and restructuring charges, net
    112       (113 )     (1 )
 
                 
Operating earnings
    504       179       683  
 
                       
Net interest expense
    62             62  
Other charges (income), net
    (28 )           (28 )
 
                 
Earnings from continuing operations before income taxes
    470       179       649  
Provision for income taxes from continuing operations
    149       67       216  
 
                 
Earnings from continuing operations
  $ 321     $ 112     $ 433  
 
                 
 
                       
Earnings per share from continuing operations
                       
Basic
  $ 3.89     $ 1.35     $ 5.24  
 
                 
Diluted
  $ 3.84     $ 1.33     $ 5.17  
 
                 
 
                       
Shares (in millions) used for earnings per share calculation
                       
Basic
    82.8               82.8  
Diluted
    83.9               83.9  
See notes to these unaudited pro forma condensed consolidated financial statements.

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NOTES TO THE UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL STATEMENTS
(a)   Condensed Consolidated Statement of Earnings and Condensed Consolidated Statement of Financial Position, as applicable, included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2010.
 
(b)   The total cash proceeds from the Transaction are expected to be $600 million before transaction fees and working capital adjustments at closing.
 
(c)   Amounts reflect the assets to be acquired and the liabilities to be assumed by the buyer in the Transaction.
 
(d)   Amounts reported for deferred taxes as of September 30, 2010 have been reclassified to current taxes payable to reflect the estimated tax liability due on consummation of the Transaction.
 
(e)   Estimated current taxes payable and estimated transaction fees.
 
(f)   Reflects the gain on sale, net of estimated taxes and transaction fees. The actual gain on sale of the PET business is subject to adjustment based on final working capital and reserves.
 
(g)   Excludes corporate costs historically allocated to the Performance Polymers segment which will be reallocated to other segments in historical and future financial statements.
 
(h)   Condensed Consolidated Statements of Earnings derived from the Company’s Annual Report on Form 10-K for the year ended December 31, 2009 for the respective periods presented.

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