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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2013
GOODWILL AND OTHER INTANGIBLE ASSETS  
Detail of the changes made to goodwill

 

 

(In millions)
  Chlorovinyls   Building
Products
  Total  

Gross goodwill at January 1, 2013

  $ 245.4   $ 159.5   $ 404.9  

Accumulated impairment losses

    (55.5 )   (132.2 )   (187.7 )
               

Net goodwill at January 1, 2013

  $ 189.9   $ 27.3   $ 217.2  
               

Gross goodwill at January 1, 2013

 
$

245.4
 
$

159.5
 
$

404.9
 

Preliminary addition from the Transactions

    1,454.3     -     1,454.3  

Foreign currency translation adjustment

    (4.3 )   -     (4.3 )
               

Gross goodwill at March 31, 2013

    1,695.4     159.5     1,854.9  

Accumulated impairment losses

    (55.5 )   (132.2 )   (187.7 )
               

Net goodwill at March 31, 2013

  $ 1,639.9   $ 27.3   $ 1,667.2  
               
Detail of the definite-lived intangible assets by reportable segment

 

 

 
  Chlorovinyls   Building Products   Total  
(In millions)
  March 31,
2013
  March 31,
2013
  December 31,
2012
  March 31,
2013
  December 31,
2012
 

Gross carrying amounts

                               

Customer relationships

  $ 1,203.3   $ 35.2   $ 35.2   $ 1,238.5   $ 35.2  

Trade names

    6.0     -         -         6.0     -      

Technology

    14.9     17.4     17.4     32.3     17.4  
                       

Total

    1,224.2     52.6     52.6     1,276.8     52.6  

Accumulated amortization:

                               

Customer relationships

    (10.5 )   (9.1 )   (8.7 )   (19.6 )   (8.7 )

Trade names

    (0.1 )   -         -         (0.1 )   -      

Technology

    (0.1 )   (10.0 )   (9.6 )   (10.1 )   (9.6 )
                       

Total

    (10.7 )   (19.1 )   (18.3 )   (29.8 )   (18.3 )

Foreign currency translation adjustment:

                               

Customer relationships

    (2.4 )   -         -         (2.4 )   -      
                       

Total

    (2.4 )   -         -         (2.4 )   -      

Net carrying amounts

                               

Customer relationships

    1,190.4     26.1     26.5     1,216.5     26.5  

Trade names

    5.9     -         -         5.9     -      

Technology

    14.8     7.4     7.8     22.2     7.8  
                       

Total

  $ 1,211.1   $ 33.5   $ 34.3   $ 1,244.6   $ 34.3