XML 78 R39.htm IDEA: XBRL DOCUMENT v3.22.0.1
Goodwill and Other Intangible Assets, net (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Reporting Units
In millionsPerformance ChemicalsPerformance MaterialsTotal
December 31, 2019$432.1 $4.3 $436.4 
Foreign currency translation8.9 — 8.9 
December 31, 2020$441.0 $4.3 $445.3 
Foreign currency translation(3.3)— (3.3)
December 31, 2021$437.7 $4.3 $442.0 
Schedule of Finite-Lived Intangible Assets
December 31, 2021December 31, 2020
In millionsGrossAccumulated amortizationNetGrossAccumulated amortizationNet
Customer contracts and relationships$317.8 $95.0 $222.8 $319.5 $73.6 $245.9 
Brands (1)
81.7 20.3 61.4 82.4 15.8 66.6 
Developed technology72.2 18.8 53.4 73.0 12.5 60.5 
Other0.5 0.5 — 2.7 2.4 0.3 
Other intangibles, net (2)
$472.2 $134.6 $337.6 $477.6 $104.3 $373.3 
_______________
(1) Represents trademarks, trade names, and know-how.
(2) The weighted average amortization period remaining for all intangibles is 11.7 years, while the weighted average amortization period remaining for customer contracts and relationships, brands, developed technology and other intangibles is 11.5 years, 14.0 years, 9.8 years, and 0.1 years, respectively.
Intangible assets subject to amortization were allocated among our business segments as follows:
December 31,
In millions20212020
Performance Materials$1.9 $2.1 
Performance Chemicals335.7 371.2 
Other intangibles, net$337.6 $373.3 
Finite-lived Intangible Assets Amortization Expense
The amortization expense related to our intangible assets in the table above is shown in the table below.
Years Ended December 31,
In millions202120202019
Cost of sales$— $0.1 $0.6 
Selling, general, and administrative expenses33.2 32.5 28.1 
Total amortization expense$33.2 $32.6 $28.7