XML 76 R52.htm IDEA: XBRL DOCUMENT v3.22.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The following table shows changes in the carrying amounts of goodwill by reportable segment for the years ended December 31, 2021 and 2020:

GoodwillPackaging & Specialty PlasticsIndustrial Intermediates & InfrastructurePerformance Materials & CoatingsTotal
In millions
Balance at Jan 1, 2020$5,109 $1,100 $2,587 $8,796 
Foreign currency impact12 106 122 
Sale of rail infrastructure(2)— — (2)
Sale of marine and terminal infrastructure(4)(4)— (8)
Balance at Dec 31, 2020$5,115 $1,100 $2,693 $8,908 
Foreign currency impact(10)(4)(130)(144)
Balance at Dec 31, 2021$5,105 $1,096 $2,563 $8,764 
Schedule of Intangible Assets and Goodwill
The following table provides information regarding the Company’s other intangible assets:

Other Intangible Assets at Dec 3120212020
In millionsGross
Carrying
Amount
Accum AmortNetGross
Carrying
Amount
Accum AmortNet
Intangible assets with finite lives:
Developed technology$2,637 $(1,871)$766 $2,638 $(1,677)$961 
Software1,396 (945)451 1,489 (989)500 
Trademarks/tradenames352 (344)352 (343)
Customer-related3,204 (1,565)1,639 3,301 (1,419)1,882 
Total other intangible assets, finite lives$7,589 $(4,725)$2,864 $7,780 $(4,428)$3,352 
In-process research and development17 — 17 — — — 
Total other intangible assets$7,606 $(4,725)$2,881 $7,780 $(4,428)$3,352 
Finite-lived Intangible Assets Amortization Expense
The following table provides information regarding amortization expense from continuing operations related to intangible assets:

Amortization Expense from Continuing Operations202120202019
In millions
Other intangible assets, excluding software$388 $401 $419 
Software, included in "Cost of sales"$90 $96 $96 
Schedule of estimated future amortization expense
Total estimated amortization expense from continuing operations for the next five fiscal years, including amounts expected to be capitalized, is as follows:

Estimated Amortization Expense for Next Five Years
In millions
2022$418 
2023$386 
2024$367 
2025$276 
2026$202