XML 70 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
GOODWILL, OTHER INTANGIBLE ASSETS AND RESTRUCTURING (Tables)
3 Months Ended
Mar. 31, 2014
GOODWILL, OTHER INTANGIBLE ASSETS AND RESTRUCTURING  
Detail of the changes made to goodwill

 

 

(In millions)
  Chlorovinyls   Building
Products
  Total  

Gross goodwill at December 31, 2013

  $ 1,808.8     $ 160.3     $ 1,969.1  

Accumulated impairment losses

    (55.5 )   (150.4 )   (205.9 )
               

Net goodwill at December 31, 2013

  $ 1,753.3     $ 9.9     $ 1,763.2  
               
               

 

                   

Gross goodwill at December 31, 2013

  $ 1,808.8     $ 160.3     $ 1,969.1  

Foreign currency translation adjustment

    (8.0 )   -     (8.0 )
               

Gross goodwill at March 31, 2014

  1,800.8     160.3     1,961.1  

Accumulated impairment losses

    (55.5 )   (150.4 )   (205.9 )
               

Net goodwill at March 31, 2014

  $ 1,745.3     $ 9.9     $ 1,755.2  
               
               
Detail of the definite-lived intangible assets by reportable segment

 

 

 
  Chlorovinyls   Building Products   Total  
(In millions)
  March 31,
2014
  December 31,
2013
  March 31,
2014
  December 31,
2013
  March 31,
2014
  December 31,
2013
 

Gross carrying amounts

                                   

Customer relationships

    ​$ 1,142.3     ​$ 1,142.3     ​$ 32.2     ​$ 32.2     ​$ 1,174.5     ​$ 1,174.5  

Supply contracts

    42.6     42.6     -     -     42.6     42.6  

Trade names

    6.0     6.0     -     -     6.0     6.0  

Technology

    14.9     14.9     17.4     17.4     32.3     32.3  
                           

Total

    1,205.8     1,205.8     49.6     49.6     1,255.4     1,255.4  

Accumulated amortization:

                                   

Customer relationships

    (73.4 )   (58.2 )   (10.9 )   (10.5 )   (84.3 )   (68.7 )

Supply contracts

    (2.5 )   (2.0 )   -     -     (2.5 )   (2.0 )

Trade names

    (0.4 )   (0.3 )   -     -     (0.4 )   (0.3 )

Technology

    (0.9 )   (0.6 )   (11.5 )   (11.1 )   (12.4 )   (11.7 )
                           

Total

    (77.2 )   (61.1 )   (22.4 )   (21.6 )   (99.6 )   (82.7 )

Foreign currency translation adjustment:

                                   

Customer relationships

    (8.6 )   (4.0 )   -     -     (8.6 )   (4.0 )
                           

Total

  (8.6 )   (4.0 )   -     -     (8.6 )   (4.0 )

Net carrying amounts

                                     

Customer relationships

    1,060.3     1,080.1     21.3     21.7     1,081.6     1,101.8  

Supply contracts

    40.1     40.6     -     -     40.1     40.6  

Trade names

    5.6     5.7     -     -     5.6     5.7  

Technology

    14.0     14.3     5.9     6.3     19.9     20.6  
                           

Total

  $ 1,120.0     $ 1,140.7     $ 27.2     $ 28.0     $ 1,147.2     $ 1,168.7