XML 54 R32.htm IDEA: XBRL DOCUMENT v2.4.1.9
GOODWILL, OTHER INTANGIBLE ASSETS AND RESTRUCTURING (Tables)
12 Months Ended
Dec. 31, 2014
GOODWILL, OTHER INTANGIBLE ASSETS AND RESTRUCTURING  
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

 

Addition from mergers and acquisitions

 

 

1,572.7

 

 

0.8

 

 

1,573.5

 

Foreign currency translation adjustment

 

 

(9.3

)

 

-

 

 

(9.3

)

​  

​  

​  

​  

​  

​  

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

 

Adjustments

 

 

0.7

 

 

-

 

 

0.7

 

Foreign currency translation adjustment

 

 

(18.7

)

 

(0.1

)

 

(18.8

)

​  

​  

​  

​  

​  

​  

Gross goodwill at December 31, 2014

 

 

1,790.8

 

 

160.2

 

 

1,951.0

 

Accumulated impairment losses

 

 

(59.6

)

 

(150.4

)

 

(210.0

)

​  

​  

​  

​  

​  

​  

Net goodwill at December 31, 2014

 

$

1,731.2

 

$

9.8

 

$

1,741.0

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Detail of the definite-lived intangible assets by reportable segment

 

                                                                                                                                                                                    

 

 

Chlorovinyls

 

Building Products

 

Total

 

(In millions) 

 

December 31,
2014

 

December 31,
2013

 

December 31,
2014

 

December 31,
2013

 

December 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 impairment charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

(2.6

)

 

-

 

 

-

 

 

-

 

 

(2.6

)

 

-  

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

 

(2.6

)

 

-

 

 

-

 

 

-

 

 

(2.6

)

 

-

 

Accumulated amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

(121.1

)

 

(58.2

)

 

(12.1

)

 

(10.5

)

 

(133.2

)

 

(68.7

)

Supply contracts

 

 

(4.1

)

 

(2.0

)

 

-

 

 

-

 

 

(4.1

)

 

(2.0

)

Trade names

 

 

(0.7

)

 

(0.3

)

 

-

 

 

-

 

 

(0.7

)

 

(0.3

)

Technology

 

 

(1.3

)

 

(0.6

)

 

(12.7

)

 

(11.1

)

 

(14.0

)

 

(11.7

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

 

(127.2

)

 

(61.1

)

 

(24.8

)

 

(21.6

)

 

(152.0

)

 

(82.7

)

Foreign currency translation adjustment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

(14.2

)

 

(4.0

)

 

-

 

 

-

 

 

(14.2

)

 

(4.0

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

 

(14.2

)

 

(4.0

)

 

-

 

 

-

 

 

(14.2

)

 

(4.0

)

Net carrying amounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

1,004.4

 

 

1,080.1

 

 

20.1

 

 

21.7

 

 

1,024.5

 

 

1,101.8

 

Supply contracts

 

 

38.5

 

 

40.6

 

 

-

 

 

-

 

 

38.5

 

 

40.6

 

Trade names

 

 

5.3

 

 

5.7

 

 

-

 

 

-

 

 

5.3

 

 

5.7

 

Technology

 

 

13.6

 

 

14.3

 

 

4.7

 

 

6.3

 

 

18.3

 

 

20.6

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

1,061.8

 

$

1,140.7

 

$

24.8

 

$

28.0

 

$

1,086.6

 

$

1,168.7

 

​  

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