GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 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)	—		1,699		1,506		—		—			3,205
Foreign currency impact	—		44		49		2		5			100
Net goodwill at Sep 30, 2016	$	1,472	$	6,117	$	5,937	$	430	$	1,535		$	15,491

(1) Final determination of the goodwill value assigned may result in adjustments to the preliminary value recorded.

Other Intangible Assets

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

Other Intangible Assets	At September 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	$	3,152	$	(1,218	)	$	1,934	$	1,943	$	(1,087	)	$	856
Patents	108		(98		)	10		119		(108		)	11
Software	1,324		(684		)	640		1,253		(628		)	625
Trademarks	697		(488		)	209		666		(441		)	225
Customer-related	5,011		(1,563		)	3,448		3,164		(1,366		)	1,798
Other	163		(144		)	19		165		(140		)	25
Total other intangible assets, finite lives	$	10,455	$	(4,195	)	$	6,260	$	7,310	$	(3,770	)	$	3,540
IPR&D (1), indefinite lives	66		—			66		77		—			77
Total other intangible assets	$	10,521	$	(4,195	)	$	6,326	$	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				Nine Months Ended
In millions	Sep 30, 2016		Sep 30, 2015		Sep 30, 2016		Sep 30, 2015
Other intangible assets, excluding software	$	162	$	105	$	387	$	316
Software, included in “Cost of sales”	$	18	$	19	$	55	$	54

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	$	626
2017	$	727
2018	$	704
2019	$	629
2020	$	592
2021	$	559