GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The following table shows changes in the carrying amount of goodwill by reportable segment:

Goodwill	Packaging & Specialty Plastics		Industrial Intermediates & Infrastructure		Performance Materials & Coatings		Total
In millions
Net goodwill at Dec 31, 2021	$	5,105	$	1,096	$	2,563	$	8,764
Foreign currency impact	(8)		(4)		(147)		(159)
Net goodwill at Jun 30, 2022	$	5,097	$	1,092	$	2,416	$	8,605

Schedule of Intangible Assets and Goodwill

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

Other Intangible Assets	Jun 30, 2022						Dec 31, 2021
In millions	Gross Carrying Amount		Accum Amort		Net		Gross Carrying Amount		Accum Amort		Net
Intangible assets with finite lives:
Developed technology	$	2,633	$	(1,947)	$	686	$	2,637	$	(1,871)	$	766
Software	1,368		(950)		418		1,396		(945)		451
Trademarks/tradenames	352		(345)		7		352		(344)		8
Customer-related	3,079		(1,591)		1,488		3,204		(1,565)		1,639
Total other intangible assets, finite lives	$	7,432	$	(4,833)	$	2,599	$	7,589	$	(4,725)	$	2,864
In-process research and development	17		—		17		17		—		17
Total other intangible assets	$	7,449	$	(4,833)	$	2,616	$	7,606	$	(4,725)	$	2,881

Schedule of amortization expense

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

Amortization Expense	Three Months Ended				Six Months Ended
In millions	Jun 30, 2022		Jun 30, 2021		Jun 30, 2022		Jun 30, 2021
Other intangible assets, excluding software	$	85	$	100	$	173	$	201
Software, included in “Cost of sales”	$	20	$	23	$	40	$	45

Schedule of estimated future amortization expense

Total estimated amortization expense for 2022 and the five succeeding fiscal years, including amounts expected to be capitalized, is as follows:

Estimated Amortization Expense
In millions
2022	$	415
2023	$	381
2024	$	362
2025	$	271
2026	$	196
2027	$	164