Goodwill and Other Identifiable Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

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, 2020 was as follows:

($ in millions)	Performance Coatings	Industrial Coatings	Total
January 1, 2020	$3,442	$1,028	$4,470
Acquisitions, including purchase accounting adjustments	11	15	26
Foreign currency impact	(82)	5	(77)
September 30, 2020	$3,371	$1,048	$4,419

Identifiable Intangible Assets with Finite Lives

A summary of the carrying value of the Company's identifiable intangible assets is as follows:

	September 30, 2020			December 31, 2019
($ in millions)	Gross Carrying Amount	Accumulated Amortization	Net	Gross Carrying Amount	Accumulated Amortization	Net
Indefinite-Lived Identifiable Intangible Assets
Trademarks	$1,064	N/A	$1,064	$1,167	N/A	$1,167
Definite-Lived Identifiable Intangible Assets
Acquired technology	$718	($572)	$146	$710	($549)	$161
Customer-related	1,574	(949)	625	1,578	(885)	693
Trade names	208	(120)	88	210	(111)	99
Other	49	(42)	7	51	(40)	11
Total Definite Lived Intangible Assets	$2,549	($1,683)	$866	$2,549	($1,585)	$964
Total Identifiable Intangible Assets	$3,613	($1,683)	$1,930	$3,716	($1,585)	$2,131

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

As of September 30, 2020, estimated future amortization expense of identifiable intangible assets is as follows:

($ in millions)	Future Amortization Expense
Remaining three months of 2020	$35
2021	$125
2022	$125
2023	$110
2024	$90
2025	$85
Thereafter	$296