XML 74 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2011
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
 
Balance as of December 31, 2011
Goodwill
Adjustments
and
Acquisitions
Balance as of December 31, 2010
Goodwill
Adjustments
and
Acquisitions
Balance as of December 31, 2009
Agriculture
$
232

$
4

$
228

$
176

$
52

Electronics & Communications
149

32

117

(2
)
119

Industrial Biosciences
866

866




Nutrition & Health
2,322

1,898

424


424

Performance Chemicals
185


185

2

183

Performance Coatings
809


809


809

Performance Materials
404

(6
)
410

(3
)
413

Safety & Protection
446

2

444

307

137

Total
$
5,413

$
2,796

$
2,617

$
480

$
2,137

Schedule of Other Intangible Assets
 
December 31, 2011
December 31, 2010
 
Gross
Accumulated
Amortization
Net
Gross
Accumulated
Amortization
Net
Intangible assets subject to amortization
     (Definite-lived)
 
 
 
 
 
 
Customer lists
$
1,841

$
(220
)
$
1,621

$
525

$
(160
)
$
365

Patents
518

(77
)
441

118

(44
)
74

Purchased and licensed technology
1,854

(878
)
976

1,617

(765
)
852

Trademarks
57

(25
)
32

57

(22
)
35

Other1
330

(151
)
179

333

(163
)
170

 
4,600

(1,351
)
3,249

2,650

(1,154
)
1,496

Intangible assets not subject to amortization
     (Indefinite-lived)
 
 
 
 
 
 
In-process research and development
70


70




Microbial cell factories2
306


306




Pioneer germplasm3
975


975

975


975

Trademarks/tradenames
813


813

233


233

 
2,164


2,164

1,208


1,208

Total
$
6,764

$
(1,351
)
$
5,413

$
3,858

$
(1,154
)
$
2,704


1. 
Primarily consists of sales and grower networks, marketing and manufacturing alliances and noncompetition agreements.
2. 
Microbial cell factories, derived from natural microbes, are used to sustainably produce enzymes, peptides and chemicals using natural metabolic processes. The company recognized the microbial cell factories as an intangible asset upon the acquisition of Danisco. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.
3. 
Pioneer germplasm is the pool of genetic source material and body of knowledge gained from the development and delivery stage of plant breeding. The company recognized germplasm as an intangible asset upon the acquisition of Pioneer. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.