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Goodwill and Intangible Assets (Tables)
3 Months Ended
Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balances

The carrying amount of goodwill attributable to each reportable segment with goodwill balances and the changes in those balances during the three month period ended December 31, 2017 are as follows:

 

 

Reinforcement

Materials

 

 

Performance

Chemicals

 

 

Purification

Solutions

 

 

Total

 

 

 

(In millions)

 

Balance at September 30, 2017

 

$

53

 

 

$

9

 

 

$

92

 

 

$

154

 

Goodwill acquired(1)

 

 

 

 

 

31

 

 

 

 

 

 

31

 

Foreign currency impact

 

 

(2

)

 

 

1

 

 

 

 

 

 

(1

)

Balance at December 31, 2017

 

$

51

 

 

$

41

 

 

$

92

 

 

$

184

 

 

(1)

Consists of goodwill acquired in the acquisition of Tech Blend as described in Note C.

Schedule of Intangible Assets

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

 

 

 

December 31, 2017

 

 

September 30, 2017

 

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

 

Net

Intangible

Assets

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

 

Net

Intangible

Assets

 

 

 

(In millions)

 

Intangible assets with finite lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technologies(1)

 

$

72

 

 

$

(7

)

 

$

65

 

 

$

49

 

 

$

(7

)

 

$

42

 

Trademarks(1)

 

 

18

 

 

 

(2

)

 

 

16

 

 

 

16

 

 

 

(1

)

 

 

15

 

Customer relationships(1)

 

 

98

 

 

 

(15

)

 

 

83

 

 

 

94

 

 

 

(14

)

 

 

80

 

Total intangible assets

 

$

188

 

 

$

(24

)

 

$

164

 

 

$

159

 

 

$

(22

)

 

$

137

 

 

(1)

The changes in the gross carrying value of the Developed technologies, Trademarks, and Customer relationships intangible assets are primarily due to the acquisition of Tech Blend as described in Note C.