Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

Goodwill as of March 31, 2020 and December 31, 2019 and changes in the carrying amount of goodwill by segment were as follows: 

(In millions)	Specialty Engineered Materials		Color, Additives and Inks		PolyOne Distribution		Total
Balance at December 31, 2019	$	236.3	$	447.8	$	1.6	$	685.7
Currency translation	(1.0)		(0.5)		—		(1.5)
Balance at March 31, 2020	$	235.3	$	447.3	$	1.6	$	684.2

Indefinite and finite-lived intangible assets consisted of the following: 

	As of March 31, 2020
(In millions)	Acquisition Cost		Accumulated Amortization		Currency Translation		Net
Customer relationships	$	286.8	$	(92.6)	$	(1.2)	$	193.0
Patents, technology and other	244.0		(83.4)		(1.7)		158.9
Indefinite-lived trade names	109.5		—		—		109.5
Total	$	640.3	$	(176.0)	$	(2.9)	$	461.4

	As of December 31, 2019
(In millions)	Acquisition Cost		Accumulated Amortization		Currency Translation		Net
Customer relationships	$	286.8	$	(89.1)	$	(1.0)	$	196.7
Patents, technology and other	244.0		(79.6)		(1.3)		163.1
Indefinite-lived trade names	109.5		—		—		109.5
Total	$	640.3	$	(168.7)	$	(2.3)	$	469.3