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… 20%     35%     28%     31%                   Performance and Essential Materials ("PEM") Segment                 Net …     1,175       516       861       2,723       1,927   Add:                     Depreciation and amortization     …   $ 965     $ 353     $ 769     $ 2,197     $ 1,728   Add:                     Depreciation and amortization     …
… Record first quarter Housing and Infrastructure Products (HIP) income from operations of …     16   Net income (loss)     (487 )     185       407   Add:                   Impairment charge     475       0     … (loss) from operations     (552 )     223       536   Add:                   Impairment charge     475       0     …
… Record first quarter Housing and Infrastructure Products (HIP) income from operations of …     16   Net income (loss)     (487 )     185       407   Add:                   Impairment charge     475       0     … (loss) from operations     (552 )     223       536   Add:                   Impairment charge     475       0     …
… Record first quarter Housing and Infrastructure Products (HIP) income from operations of …     16   Net income (loss)     (487 )     185       407   Add:                   Impairment charge     475       0     … (loss) from operations     (552 )     223       536   Add:                   Impairment charge     475       0     …
… HIGHLIGHTS (in millions of dollars, except per share data and percentages)                   Three Months  Ended March … Income (loss) from operations     66       (32 )     223   Add:             Depreciation and amortization     281       …       Income from operations   $ 129     $ 148     $ 210   Add:             Depreciation and amortization     56       …
… the fourth quarter of 2019. The increases in net income and income from operations were primarily due to higher sales prices and margins for polyethylene and PVC resin and higher …   79       178       102       429       656     Add:                     Depreciation and amortization   196 …
… the second quarter of 2019. The decreases in net income and operating income were primarily due to the global economic impact from COVID-19 and the significant drop in oil prices, which reduced North … from operations   136     36     194     172     328   Add:                     Depreciation and amortization   190 …
… 25%       19%       32%                       Performance and Essential Materials ("PEM") Segment                   Net … ) Income from operations     327       536       1,032   Add:             Depreciation and amortization     271       …       Income from operations   $ 219     $ 403     $ 879   Add:             Depreciation and amortization     212       …
… 25%       19%       32%                       Performance and Essential Materials ("PEM") Segment                   Net … ) Income from operations     327       536       1,032   Add:             Depreciation and amortization     271       …       Income from operations   $ 219     $ 403     $ 879   Add:             Depreciation and amortization     212       …
… Record Housing and Infrastructure Products segment income from operations of …     396       349       516       1,281       2,723   Add:                     Depreciation and amortization     …   $ 215     $ 105     $ 353     $ 723     $ 2,197   Add:                     Depreciation and amortization     …