v2.4.0.8

GOODWILL, OTHER INTANGIBLE ASSETS AND RESTRUCTURING (Tables)

6 Months Ended

Jun. 30, 2014

GOODWILL, OTHER INTANGIBLE ASSETS AND RESTRUCTURING

Detail of the changes made to goodwill

(In millions)		Chlorovinyls			Building Products			Total
Gross goodwill at December 31, 2013		$	1,808.8		$	160.3		$	1,969.1
Accumulated impairment losses			(55.5	)		(150.4	)		(205.9	)
​	​	​	​	​	​	​	​	​	​	​
Net goodwill at December 31, 2013		$	1,753.3		$	9.9		$	1,763.2
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​
Gross goodwill at December 31, 2013		$	1,808.8		$	160.3		$	1,969.1
Adjustments			0.7			-			0.7
Foreign currency translation adjustment		​	(0.5	)	​	-		​	(0.5	)
​	​	​	​	​	​	​	​	​	​	​
Gross goodwill at June 30, 2014			1,809.0			160.3			1,969.3
Accumulated impairment losses		​	(55.5	)	​	(150.4	)	​	(205.9	)
​	​	​	​	​	​	​	​	​	​	​
Net goodwill at June 30, 2014		$	1,753.5		$	9.9		$	1,763.4
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​

Detail of the definite-lived intangible assets by reportable segment

		Chlorovinyls						Building Products						Total
(In millions)		June 30, 2014			December 31, 2013			June 30, 2014			December 31, 2013			June 30, 2014			December 31, 2013
Gross carrying amounts		​	​		​	​		​	​		​	​		​	​		​	​
Customer relationships		$	1,142.3		$	1,142.3		$	32.2		$	32.2		$	1,174.5		$	1,174.5
Supply contracts		​	42.6		​	42.6		​	-		​	-		​	42.6		​	42.6
Trade names			6.0			6.0			-			-			6.0			6.0
Technology		​	14.9		​	14.9		​	17.4		​	17.4		​	32.3		​	32.3
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total			1,205.8			1,205.8			49.6			49.6			1,255.4			1,255.4
Accumulated amortization:		​			​			​			​			​			​
Customer relationships			(89.6	)		(58.2	)		(11.2	)		(10.5	)		(100.8	)		(68.7	)
Supply contracts		​	(3.0	)	​	(2.0	)	​	-		​	-		​	(3.0	)	​	(2.0	)
Trade names			(0.5	)		(0.3	)		-			-			(0.5	)		(0.3	)
Technology		​	(1.0	)	​	(0.6	)	​	(11.9	)	​	(11.1	)	​	(12.9	)	​	(11.7	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total			(94.1	)		(61.1	)		(23.1	)		(21.6	)		(117.2	)		(82.7	)
Foreign currency translation adjustment:		​			​			​			​			​			​
Customer relationships			(4.4	)		(4.0	)		-			-			(4.4	)		(4.0	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total		​	(4.4	)	​	(4.0	)	​	-		​	-		​	(4.4	)	​	(4.0	)
Net carrying amounts
Customer relationships		​	1,048.3		​	1,080.1		​	21.0		​	21.7		​	1,069.3		​	1,101.8
Supply contracts			39.6			40.6			-			-			39.6			40.6
Trade names		​	5.5		​	5.7		​	-		​	-		​	5.5		​	5.7
Technology			13.9			14.3			5.5			6.3			19.4			20.6
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total		$	1,107.3		$	1,140.7		$	26.5		$	28.0		$	1,133.8		$	1,168.7
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​

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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://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275



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-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267



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-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

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