GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

The following table shows the carrying amount of goodwill by operating segment:



Goodwill	Agricultural Sciences		Consumer Solutions			Infrastructure Solutions			Performance Materials & Chemicals			Performance Plastics			Total
In millions	Agricultural Sciences		Consumer Solutions			Infrastructure Solutions			Performance Materials & Chemicals			Performance Plastics			Total
Net goodwill at Dec 31, 2014	$	1,558	$	4,389		$	4,451		$	809		$	1,425		$	12,632
Divestiture of ANGUS Chemical Company	—		—			—			(292		)	—			(292		)
Divestiture of the Sodium Borohydride business	—		—			—			(45		)	—			(45		)
Goodwill related to the Coodetec acquisition	31		—			—			—			—			31
Foreign currency impact	—		(17		)	(79		)	(11		)	(36		)	(143		)
Net goodwill at Mar 31, 2015	$	1,589	$	4,372		$	4,372		$	461		$	1,389		$	12,183

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



Other Intangible Assets	At March 31, 2015							At December 31, 2014
In millions	Gross Carrying Amount		Accumulated Amortization			Net		Gross Carrying Amount		Accumulated Amortization			Net
Intangible assets with finite lives:
Licenses and intellectual property	$	1,773	$	(1,092	)	$	681	$	1,777	$	(1,060	)	$	717
Patents	120		(107		)	13		122		(108		)	14
Software	1,283		(655		)	628		1,287		(648		)	639
Trademarks	686		(418		)	268		685		(409		)	276
Customer-related	3,259		(1,341		)	1,918		3,443		(1,366		)	2,077
Other	175		(144		)	31		158		(146		)	12
Total other intangible assets, finite lives	$	7,296	$	(3,757	)	$	3,539	$	7,472	$	(3,737	)	$	3,735
IPR&D (1), indefinite lives	79		—			79		33		—			33
Total other intangible assets	$	7,375	$	(3,757	)	$	3,618	$	7,505	$	(3,737	)	$	3,768


(1)	In-process research and development (“IPR&D”) purchased in a business combination.

On January 30, 2015, DAS acquired Coodetec's seed business resulting in an increase to intangible assets of $81 million, which included $14 million of trademarks, $1 million of customer-related intangibles, $20 million of germplasm (included in "Other" in the table above) and $46 million of IPR&D. See Note 3 for additional information on the acquisition.

The following table provides information regarding amortization expense related to intangible assets:



Amortization Expense	Three Months Ended
In millions	Mar 31, 2015		Mar 31, 2014
Other intangible assets, excluding software	$	102	$	114
Software, included in “Cost of sales”	$	18	$	16

Total estimated amortization expense for 2015 and the five succeeding fiscal years is as follows:



Estimated Amortization Expense In millions
2015	$	480
2016	$	465
2017	$	434
2018	$	414
2019	$	350
2020	$	327

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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