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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2018
Schedule of Changes in the Carrying Amount of Goodwill by Reporting Segment The changes in the carrying amount of goodwill by reporting segment for 2018 are as follows:

 

 

NCSA

 

 

EARC

 

 

MENA

 

 

APAC

 

 

Technology

 

 

Total

 

 

 

(In millions)

 

Balance as of December 31, 2017

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Acquired goodwill

 

 

2,525

 

 

 

461

 

 

 

46

 

 

 

52

 

 

 

1,738

 

 

 

4,822

 

Goodwill impairment

 

 

(1,484

)

 

 

(40

)

 

 

-

 

 

 

(52

)

 

 

(592

)

 

 

(2,168

)

Balance as of December 31, 2018

 

$

1,041

 

 

$

421

 

 

$

46

 

 

$

-

 

 

$

1,146

 

 

$

2,654

 

 
Project Related Intangibles [Member]  
Schedule of Intangible Assets

Our project-related intangibles at December 31, 2018 were as follows:

 

 

 

December 31, 2018

 

 

 

 

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Weighted Average Life

 

 

 

(In millions)

 

 

(In years)

 

Project-related intangible assets

 

$

259

 

 

$

(122

)

 

$

137

 

 

 

4

 

Project-related intangible liabilities

 

 

(109

)

 

 

43

 

 

 

(66

)

 

 

2

 

Total (1)

 

$

150

 

 

$

(79

)

 

$

71

 

 

 

 

 

(1)

All project-related intangible assets at December 31, 2018 resulted from the Combination. Amortization expense, included in the Project intangibles and inventory related amortization line in our Consolidated Statements of Operations, was $79 million for the year ended December 31, 2018 and is anticipated to be $33 million, $23 million, $5 million, $8 million and $7 million in 2019, 2020, 2021, 2022 and 2023, respectively.

Other Intangible Assets [Member]  
Schedule of Intangible Assets

Our other intangible assets at December 31, 2018 were as follows:

 

 

 

December 31, 2018

 

 

 

 

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Weighted Average Life

 

 

 

(In millions)

 

 

(In years)

 

Process technologies

 

$

514

 

 

$

(14

)

 

$

500

 

 

 

27

 

Trade names

 

 

401

 

 

 

(23

)

 

 

378

 

 

 

12

 

Customer relationships

 

 

129

 

 

 

(23

)

 

 

106

 

 

 

10

 

Trademarks

 

 

27

 

 

 

(2

)

 

 

25

 

 

 

10

 

      Total (1)

 

$

1,071

 

 

$

(62

)

 

$

1,009

 

 

 

 

 

(1)

All other intangible assets at December 31, 2018 resulted from the Combination. Amortization expense was $62 million for the year ended December 31, 2018 and is anticipated to be $87 million, $87 million, $81 million, $74 million and $68 million for 2019, 2020, 2021, 2022 and 2023, respectively.