XML 45 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Other Identifiable Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Amount of Goodwill Attributable to Each Reportable Segment
The change in the carrying amount of goodwill attributable to each reportable segment for the nine months ended September 30, 2018 was as follows:
($ in millions)
Performance
Coatings
 
Industrial
Coatings
 
Total
January 1, 2018

$3,104

 

$838

 

$3,942

Acquisitions
54

 
(13
)
 
41

Foreign currency impact
(30
)
 
(14
)
 
(44
)
September 30, 2018

$3,128

 

$811

 

$3,939

Identifiable Intangible Assets with Finite Lives
A summary of the carrying value of the Company's identifiable intangible assets is as follows:
 
September 30, 2018
 
December 31, 2017
($ in millions)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Trademarks - indefinite lives

$1,186

 
N/A

 

$1,186

 

$1,158

 
N/A

 

$1,158

 
 
 
 
 
 
 
 
 
 
 
 
Customer-related intangibles

$1,416

 

($798
)
 

$618

 

$1,437

 

($762
)
 

$675

Acquired technology
630

 
(509
)
 
121

 
613

 
(489
)
 
124

Trade names
166

 
(94
)
 
72

 
166

 
(87
)
 
79

Other
43

 
(36
)
 
7

 
44

 
(35
)
 
9

Total

$3,441

 

($1,437
)
 

$2,004

 

$3,418

 

($1,373
)
 

$2,045

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
 
Three Months Ended
September 30
 
Nine Months Ended
September 30
($ in millions)
2018
 
2017
 
2018
 
2017
Amortization expense related to identifiable intangible assets

$33

 

$32

 

$103

 

$95


As of September 30, 2018, estimated future amortization expense of identifiable intangible assets is as follows:
($ in millions)
Future Amortization Expense
Remaining three months of 2018

$27

2019
120

2020
110

2021
105

2022
105

2023
95

Thereafter
256