GOODWILL AND OTHER INTANGIBLE ASSETS (TABLE)

6 Months Ended

Jun. 30, 2012

Goodwill and Other Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill [Table Text Block]

5. GOODWILL AND OTHER INTANGIBLE ASSETS
Intangible assets and goodwill consist of the following (in millions):
June 30, 2012			Weighted Average Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizable intangible assets:
	Customer relationships		19	$	169	$	(53)	$	116
	Technology		20		197		(59)		138
	Franchise and other agreements		15		37		(13)		24
Indefinite-lived intangible assets:
	Trademarks				777		-		777
		Total intangible assets		$	1,180	$	(125)	$	1,055
Goodwill				$	1,143
Dec. 31, 2011			Weighted Average Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizable intangible assets:
	Customer relationships		19	$	170	$	(48)	$	122
	Technology		20		204		(54)		150
	Franchise and other agreements		15		36		(12)		24
Indefinite-lived intangible assets:
	Trademarks				777		-		777
		Total intangible assets		$	1,187	$	(114)	$	1,073
Goodwill				$	1,144

Schedule of Goodwill [Table Text Block]

The changes in the net carrying amount of goodwill by segment are as follows (in millions):
	Composites		Building Materials			Total
Balance as of December 31, 2011	$	57	$	1,087	$	1,144
Foreign currency adjustments		(1)		-		(1)
Balance as of June 30, 2012	$	56	$	1,087	$	1,143