XML 53 R31.htm IDEA: XBRL DOCUMENT

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill follow:



(Dollars in millions)	Additives & Functional Products				Advanced Materials				Chemical Intermediates				Other				Total
Balance at December 31, 2016	$	2,416			$	1,275			$	760			$	10			$	4,461
Acquisitions	17				—				—				—				17
Goodwill written off as a result of sale of business	(1		)		—				—				—				(1		)
Currency translation adjustments	27				14				9				—				50
Balance at December 31, 2017	2,459				1,289				769				10				4,527
Impairments recognized	(38		)		—				—				—				(38		)
Currency translation adjustments	(11		)		(6		)		(5		)		—				(22		)
Balance at December 31, 2018	$	2,410			$	1,283			$	764			$	10			$	4,467

Schedule of Finite Lived and Indefinite Lived Intangible Assets by Major Class



				December 31, 2018												December 31, 2017
(Dollars in millions)	Estimated Useful Life in Years			Gross Carrying Value				Accumulated Amortization				Net Carrying Value				Gross Carrying Value				Accumulated Amortization				Net Carrying Value
Amortizable intangible assets:
Customer relationships	8	-	25	$	1,567			$	419			$	1,148			$	1,583			$	345			$	1,238
Technology	7	-	20	680				294				386				690				247				443
Contracts		5		180				147				33				180				111				69
Other	5	-	37	102				23				79				102				19				83

Indefinite-lived intangible assets:
Tradenames				529				—				529				530				—				530
Other				10				—				10				10				—				10
Total identified intangible assets				$	3,068			$	883			$	2,185			$	3,095			$	722			$	2,373