INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2018

Our project related intangibles at September 30, 2018 were as follows:

	September 30, 2018
	Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount			Weighted Average Life
	(In millions)									(In years)
Project-related intangible assets	$	239		$	(63	)	$	176			3
Project-related intangible liabilities		(97	)		21			(76	)		2
Total ⁽¹⁾	$	142		$	(42	)	$	100

⁽¹⁾

All project related intangible assets at September 30, 2018 resulted from the Combination. Amortization expense was $30 million and $42 million for the three and nine months ended September 30, 2018, respectively, and is anticipated to be $31 million, $33 million, $22 million, $5 million and $7 million for the remainder of 2018, 2019, 2020, 2021 and 2022, respectively.

Other Intangible Assets [Member]

Schedule of Intangible Assets

Our other intangible assets at September 30, 2018 were as follows:

	September 30, 2018
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted Average Life
	(In millions)							(In years)
Process technologies	$	498	$	(9	)	$	489		27
Trade names		401		(14	)		387		12
Customer relationships		115		(11	)		104		10
Trademarks		27		(1	)		26		10
Total⁽¹⁾	$	1,041	$	(35	)	$	1,006

⁽¹⁾

All other intangible assets at September 30, 2018 resulted from the Combination. Amortization expense was $25 million and $35 million for the three and nine months ended September 30, 2018, respectively, and is anticipated to be $24 million, $84 million, $83 million, $78 million and $72 million for the remainder of 2018, 2019, 2020, 2021 and 2022, respectively.