GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Changes in the Carrying Amount of Goodwill by Reporting Segment

The changes in the carrying amount of goodwill during the three months ended March 31, 2019 are as follows:

	(In millions)
Balance as of December 31, 2018	$	2,654
Adjustments to preliminary purchase accounting estimates (1)		61
Currency translation adjustments		(34)
Balance as of March 31, 2019 (2)	$	2,681

^{(1) See Note 3, Business Combination for further discussion.}

^{(2) At March 31, 2019, we had approximately $2.2 billion of cumulative impairment charges recorded in conjunction with our impairment analysis performed during the fourth quarter of 2018, as further described in the 2018 Form 10-K.}  

Schedule of Intangible Assets

Our project-related intangibles at March 31, 2019 and December 31, 2018, including the March 31, 2019 weighted-average useful lives, were as follows:

			March 31, 2019									December 31, 2018
	Weighted Average Useful Life		Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
	(In years)		(In millions)
Project-related intangible assets		4	$	257		$	(143	)	$	114		$	259		$	(122	)	$	137
Project-related intangible liabilities		2		(109	)		57			(52	)		(109	)		43			(66	)
Total (1)			$	148		$	(86	)	$	62		$	150		$	(79	)	$	71

^{(1) The decrease in project-related intangible assets during the three months ended March 31, 2019 primarily related to amortization expense of $8 million and the impact of foreign currency translation.}

Our other intangible assets at March 31, 2019 and December 31, 2018, including the March 31, 2019 weighted-average useful lives, were as follows:

			March 31, 2019							December 31, 2018
	Weighted Average Useful Life		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(In years)		(In millions)
Process technologies		27	$	509	$	(21	)	$	488	$	514	$	(14	)	$	500
Trade names		12		399		(32	)		367		401		(23	)		378
Customer relationships		10		128		(29	)		99		129		(23	)		106
Trademarks		10		27		(2	)		25		27		(2	)		25
Total (1)			$	1,063	$	(84	)	$	979	$	1,071	$	(62	)	$	1,009

^{(1) The decrease in other intangible assets during the three months ended March 31, 2019 primarily related to amortization expense of $22 million and the impact of foreign currency translation.}