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Goodwill and Other Intangibles (Tables)
12 Months Ended
Sep. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Goodwill by Reportable Segment

The following is a progression of goodwill by reportable segment for the years ended September 30, 2019 and 2018.

 

 

 

Specialty

 

 

Intermediates

 

 

 

 

 

(In millions)

 

Ingredients

 

 

and Solvents (a)

 

 

Total

 

Balance at September 30, 2017

 

$

2,315

 

 

$

 

 

$

2,315

 

Acquisition (b)

 

 

5

 

 

 

 

 

 

5

 

Currency translation

 

 

(16

)

 

 

 

 

 

(16

)

Balance at September 30, 2018

 

 

2,304

 

 

 

 

 

 

2,304

 

Currency translation

 

 

(51

)

 

 

 

 

 

(51

)

Balance at September 30, 2019

 

$

2,253

 

 

$

 

 

$

2,253

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)

As of September 30, 2019 and 2018, there was accumulated impairment of $90 million related to the Intermediates and Solvents reportable segment.

(b)

Relates to the acquisition of Pharmachem during 2017 and Vornia Limited during 2018. See Note C for more information.

Summary of Other Intangible Assets Other intangible assets were comprised of the following as of September 30, 2019 and 2018.

 

 

2019

 

 

2018

 

 

 

Gross

 

 

 

 

 

 

Net

 

 

Gross

 

 

 

 

 

 

Net

 

 

 

carrying

 

 

Accumulated

 

 

carrying

 

 

carrying

 

 

Accumulated

 

 

carrying

 

(In millions)

 

amount

 

 

amortization

 

 

amount

 

 

amount

 

 

amortization

 

 

amount

 

Definite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

 

$

66

 

 

$

(29

)

 

$

37

 

 

$

66

 

 

$

(25

)

 

$

41

 

Intellectual property

 

 

712

 

 

 

(391

)

 

 

321

 

 

 

721

 

 

 

(350

)

 

 

371

 

Customer and supplier relationships

 

 

744

 

 

 

(292

)

 

 

452

 

 

 

759

 

 

 

(264

)

 

 

495

 

Total definite-lived intangible assets

 

 

1,522

 

 

 

(712

)

 

 

810

 

 

 

1,546

 

 

 

(639

)

 

 

907

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

 

 

278

 

 

 

 

 

 

278

 

 

 

278

 

 

 

 

 

 

278

 

Total intangible assets

 

$

1,800

 

 

$

(712

)

 

$

1,088

 

 

$

1,824

 

 

$

(639

)

 

$

1,185