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Goodwill and Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2020
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 period ended September 30, 2020 are as follows

 

 

 

Reinforcement

Materials

 

 

Performance

Chemicals

 

 

Total (2)

 

 

 

(In millions)

 

Balance at September 30, 2019

 

$

50

 

 

$

40

 

 

 

90

 

Goodwill acquired(1)

 

 

 

 

 

45

 

 

 

45

 

Foreign currency impact

 

 

(4

)

 

 

3

 

 

 

(1

)

Balance at September 30, 2020

 

$

46

 

 

$

88

 

 

$

134

 

 

 

(1)

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

 

(2)

The Company incurred $444 million accumulated impairment losses associated with the goodwill of the Purification Solutions segment as of both September 30, 2020 and 2019. There were no accumulated impairment losses associated with the goodwill of the Reinforcement Materials or Performance Chemicals segments.

 

Schedule of Intangible Assets

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

 

 

 

September 30, 2020

 

 

September 30, 2019

 

 

 

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

 

$

60

 

 

$

(8

)

 

$

52

 

 

$

50

 

 

$

(5

)

 

$

45

 

Trademarks

 

 

11

 

 

 

(1

)

 

 

10

 

 

 

8

 

 

 

 

 

 

8

 

Customer relationships

 

 

56

 

 

 

(15

)

 

 

41

 

 

 

57

 

 

 

(14

)

 

 

43

 

Total intangible assets(1)

 

$

127

 

 

$

(24

)

 

$

103

 

 

$

115

 

 

$

(19

)

 

$

96

 

 

(1)            Total intangible assets as of September 30, 2020 includes $15 million of intangible assets from the acquisition of SUSN as described in Note C.