v3.2.0.727

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2015

GOODWILL AND OTHER INTANGIBLE ASSETS

Detail of the changes made to goodwill

(In millions)		Chlorovinyls			Building Products			Total
Gross goodwill at December 31, 2014		$	1,790.8		$	160.2		$	1,951.0
Accumulated impairment losses			(59.6	)		(150.4	)		(210.0	)
​	​	​	​	​	​	​	​	​	​	​
Net goodwill at December 31, 2014		$	1,731.2		$	9.8		$	1,741.0
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​
Gross goodwill at December 31, 2014		$	1,790.8		$	160.2		$	1,951.0
Foreign currency translation adjustment			(5.8	)		-			(5.8	)
​	​	​	​	​	​	​	​	​	​	​
Gross goodwill at June 30, 2015		​	1,785.0		​	160.2		​	1,945.2
Accumulated impairment losses			(59.6	)		(150.4	)		(210.0	)
​	​	​	​	​	​	​	​	​	​	​
Net goodwill at June 30, 2015		$	1,725.4		$	9.8		$	1,735.2
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​

Detail of the definite-lived intangible assets by reportable segment

		Chlorovinyls						Building Products						Total
(In millions)		June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014
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
Technology			14.9			14.9			17.4			17.4			32.3			32.3
Trade names		​	6.0		​	6.0		​	-		​	-		​	6.0		​	6.0
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total			1,205.8			1,205.8			49.6			49.6			1,255.4			1,255.4
Accumulated impairment charges:		​			​			​			​			​			​
Customer relationships			(2.9	)		(2.6	)		-			-			(2.9	)		(2.6	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total			(2.9	)		(2.6	)		-			-			(2.9	)		(2.6	)
Accumulated amortization:
Customer relationships		​	(151.9	)	​	(121.1	)	​	(12.9	)	​	(12.1	)	​	(164.8	)	​	(133.2	)
Supply contracts			(5.1	)		(4.1	)		-			-			(5.1	)		(4.1	)
Technology		​	(1.6	)	​	(1.3	)	​	(13.4	)	​	(12.7	)	​	(15.0	)	​	(14.0	)
Trade names			(0.9	)		(0.7	)		-			-			(0.9	)		(0.7	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total		​	(159.5	)	​	(127.2	)	​	(26.3	)	​	(24.8	)	​	(185.8	)	​	(152.0	)
Foreign currency translation adjustment:
Customer relationships		​	(14.2	)	​	(14.2	)	​	-		​	-		​	(14.2	)	​	(14.2	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total			(14.2	)		(14.2	)		-			-			(14.2	)		(14.2	)
Net carrying amounts:		​			​			​			​			​			​
Customer relationships			973.3			1,004.4			19.3			20.1			992.6			1,024.5
Supply contracts		​	37.5		​	38.5		​	-		​	-		​	37.5		​	38.5
Technology			13.3			13.6			4.0			4.7			17.3			18.3
Trade names		​	5.1		​	5.3		​	-		​	-		​	5.1		​	5.3
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total		$	1,029.2		$	1,061.8		$	23.3		$	24.8		$	1,052.5		$	1,086.6
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​

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

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-Publisher FASB



-Name Accounting Standards Codification



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-SubTopic 30



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

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