GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill By Operating Segment

The following table shows the carrying amount of goodwill by operating segment:

Goodwill	Agricultural Sciences		Consumer Solutions		Infrastructure Solutions		Performance Materials & Chemicals		Performance Plastics			Total
In millions
Net goodwill at Dec 31, 2015	$	1,472	$	4,374	$	4,382	$	391	$	1,535		$	12,154
Acquisition of an aniline plant	—		—		—		37		—			37
Sale of a product line	—		—		—		—		(5		)	(5		)
Goodwill related to the DCC Transaction (1)	—		1,685		1,495		—		—			3,180
Foreign currency impact	—		35		37		1		3			76
Net goodwill at Jun 30, 2016	$	1,472	$	6,094	$	5,914	$	429	$	1,533		$	15,442

Other Intangible Assets

The following table provides information regarding the Company’s other intangible assets:

Other Intangible Assets	At June 30, 2016							At December 31, 2015
In millions	Gross Carrying Amount		Accumulated Amortization			Net		Gross Carrying Amount		Accumulated Amortization			Net
Intangible assets with finite lives:
Licenses and intellectual property	$	3,150	$	(1,145	)	$	2,005	$	1,943	$	(1,087	)	$	856
Patents	108		(97		)	11		119		(108		)	11
Software	1,297		(667		)	630		1,253		(628		)	625
Trademarks	697		(471		)	226		666		(441		)	225
Customer-related	4,990		(1,486		)	3,504		3,164		(1,366		)	1,798
Other	164		(143		)	21		165		(140		)	25
Total other intangible assets, finite lives	$	10,406	$	(4,009	)	$	6,397	$	7,310	$	(3,770	)	$	3,540
IPR&D (1), indefinite lives	66		—			66		77		—			77
Total other intangible assets	$	10,472	$	(4,009	)	$	6,463	$	7,387	$	(3,770	)	$	3,617

(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]

Intangible assets included as part of the DCC Transaction are presented in the table below. See Note 4 for additional information on this transaction.

Dow Corning Intangible Assets	Gross Carrying Amount		Weighted-average Amortization Period
In millions
Intangible assets with finite lives:
Licenses and intellectual property	$	1,200	9 years
Software	2		5 years
Trademarks	30		3 years
Customer-related	1,755		19 years
Total	$	2,987	15 years

Schedule of Amortization Expense of Intangible Assets

The following table provides information regarding amortization expense related to intangible assets:

Amortization Expense	Three Months Ended				Six Months Ended
In millions	Jun 30, 2016		Jun 30, 2015		Jun 30, 2016		Jun 30, 2015
Other intangible assets, excluding software	$	122	$	109	$	225	$	211
Software, included in “Cost of sales”	$	19	$	17	$	37	$	35

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Total estimated amortization expense for 2016 and the five succeeding fiscal years is as follows:

Estimated Amortization Expense In millions
2016	$	605
2017	$	725
2018	$	702
2019	$	626
2020	$	590
2021	$	562