XML 22 R33.htm IDEA: XBRL DOCUMENT v3.3.0.814
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill By Operating Segment
Goodwill
Agricultural Sciences

 
Consumer Solutions

 
Infrastructure Solutions

 
Performance
Materials & Chemicals

 
Performance Plastics

 
Total  

In millions
Net goodwill at Dec 31, 2014
$
1,558

 
$
4,389

 
$
4,451

 
$
809

 
$
1,425

 
$
12,632

Divestiture of ANGUS Chemical Company

 

 

 
(292
)
 

 
(292
)
Divestiture of the Sodium Borohydride business

 

 

 
(45
)
 

 
(45
)
Sale of an Agricultural Sciences product line
(10
)
 

 

 

 

 
(10
)
Divestiture of AgroFresh
(101
)
 

 

 

 

 
(101
)
Goodwill related to the Coodetec acquisition
31

 

 

 

 

 
31

Goodwill related to the Univation step acquisition

 

 

 

 
141

 
141

Foreign currency impact

 
(11
)
 
(51
)
 
(8
)
 
(25
)
 
(95
)
Net goodwill at Sep 30, 2015
$
1,478

 
$
4,378

 
$
4,400

 
$
464

 
$
1,541

 
$
12,261

Other Intangible Assets
Other Intangible Assets
At September 30, 2015
 
At December 31, 2014
In millions
Gross
Carrying
Amount

 
Accumulated
Amortization

 
Net

 
Gross
Carrying
Amount

 
Accumulated
Amortization

 
Net  

Intangible assets with finite lives:
 
 
 
 
 
 
 
 
 
 
 
Licenses and intellectual property
$
1,967

 
$
(1,075
)
 
$
892

 
$
1,777

 
$
(1,060
)
 
$
717

Patents
121

 
(109
)
 
12

 
122

 
(108
)
 
14

Software
1,257

 
(622
)
 
635

 
1,287

 
(648
)
 
639

Trademarks
689

 
(445
)
 
244

 
685

 
(409
)
 
276

Customer-related
3,197

 
(1,343
)
 
1,854

 
3,443

 
(1,366
)
 
2,077

Other
175

 
(148
)
 
27

 
158

 
(146
)
 
12

Total other intangible assets, finite lives
$
7,406

 
$
(3,742
)
 
$
3,664

 
$
7,472

 
$
(3,737
)
 
$
3,735

IPR&D (1), indefinite lives
79

 

 
79

 
33

 

 
33

Total other intangible assets
$
7,485

 
$
(3,742
)
 
$
3,743

 
$
7,505

 
$
(3,737
)
 
$
3,768


(1)
In-process research and development (“IPR&D”) purchased in a business combination.

Acquired Finite-Lived Intangible Assets [Line Items]  
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]
Univation Intangible Assets
Gross
Carrying
Amount

Weighted-average Amortization Period
In millions
Intangible assets with finite lives:
 
 
  Licenses and intellectual property
$
340

10 years
  Software
5

5 years
  Trademarks
12

18 years
  Customer-related
76

10 years
Total
$
433

10 years
Schedule of Amortization Expense of Intangible Assets
Amortization Expense
Three Months Ended
 
Nine Months Ended
In millions
Sep 30, 2015

 
Sep 30, 2014

 
Sep 30, 2015

 
Sep 30, 2014

Other intangible assets, excluding software
$
105

 
$
108

 
$
316

 
$
330

Software, included in “Cost of sales”
$
19

 
$
18

 
$
54

 
$
51

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Estimated Amortization Expense
In millions
2015
$
500

2016
$
487

2017
$
469

2018
$
453

2019
$
382

2020
$
358