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Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

Intangible assets consisted of the following at December 31:

						2020																		2019																		Weighted Average Life
						Cost						Accumulated Amortization						Net						Cost						Accumulated Amortization						Net
Customer relationships						$	845					$	(401)					$	444					$	832					$	(309)					$	523					11
Other intangible assets:
Licenses and intellectual property						178						(94)						84						172						(79)						93						13
Trademarks						125						(50)						75						120						(37)						83						13
Other						35						(26)						9						35						(24)						11						11
Total other intangible assets						$	338					$	(170)					$	168					$	327					$	(140)					$	187

Schedule of Goodwill

The gross carrying amounts and changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019 are as follows:

						Vinyls Segment						Olefins Segment						Total
Balance at December 31, 2018						$	972					$	30					$	1,002
Goodwill acquired during the year						67						—						67
Effects of changes in foreign exchange rates						5						—						5
Balance at December 31, 2019						1,044						30						1,074
Effects of changes in foreign exchange rates						9						—						9
Balance at December 31, 2020						$	1,053					$	30					$	1,083

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- References

No definition available.

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

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