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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Detail of the changes made to goodwill

The following table provides the detail of the changes made to goodwill during the nine months ended September 30, 2015.

 

(In millions)

 

Chlorovinyls

 

 

Building

Products

 

 

Total

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross goodwill at December 31, 2014

 

  $

1,790.8

 

 

  $

160.2

 

 

  $

1,951.0

 

Goodwill impairment charge

 

 

(847.8

)

 

 

-

 

 

 

(847.8

)

Foreign currency translation adjustment

 

 

(21.5

)

 

 

-

 

 

 

(21.5

)

Gross goodwill at September 30, 2015

 

 

921.5

 

 

 

160.2

 

 

 

1,081.7

 

Accumulated impairment losses

 

 

(59.6

)

 

 

(150.4

)

 

 

(210.0

)

Net goodwill at September 30, 2015

 

  $

861.9

 

 

  $

9.8

 

 

  $

871.7

 

 

Detail of the definite-lived intangible assets by reportable segment

The following table provides the definite‑lived intangible assets, by reportable segment, as of September 30, 2015 and December 31, 2014.

 

 

 

Chlorovinyls

 

 

Building Products

 

 

Total

 

(In millions)

 

September 30, 2015

 

 

December 31, 2014

 

 

September 30, 2015

 

 

December 31, 2014

 

 

September 30, 2015

 

 

December 31, 2014

 

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

 

Technology

 

 

14.9

 

 

 

14.9

 

 

 

17.4

 

 

 

17.4

 

 

 

32.3

 

 

 

32.3

 

Trade names

 

 

6.0

 

 

 

6.0

 

 

 

-

 

 

 

-

 

 

 

6.0

 

 

 

6.0

 

Total

 

 

1,205.8

 

 

 

1,205.8

 

 

 

49.6

 

 

 

49.6

 

 

 

1,255.4

 

 

 

1,255.4

 

Accumulated impairment

   charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

(2.9

)

 

 

(2.6

)

 

 

-

 

 

 

-

 

 

 

(2.9

)

 

 

(2.6

)

Total

 

 

(2.9

)

 

 

(2.6

)

 

 

-

 

 

 

-

 

 

 

(2.9

)

 

 

(2.6

)

Accumulated amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

(167.4

)

 

 

(121.1

)

 

 

(13.3

)

 

 

(12.1

)

 

 

(180.7

)

 

 

(133.2

)

Supply contracts

 

 

(5.6

)

 

 

(4.1

)

 

 

-

 

 

 

-

 

 

 

(5.6

)

 

 

(4.1

)

Technology

 

 

(1.8

)

 

 

(1.3

)

 

 

(13.8

)

 

 

(12.7

)

 

 

(15.6

)

 

 

(14.0

)

Trade names

 

 

(0.9

)

 

 

(0.7

)

 

 

-

 

 

 

-

 

 

 

(0.9

)

 

 

(0.7

)

Total

 

 

(175.7

)

 

 

(127.2

)

 

 

(27.1

)

 

 

(24.8

)

 

 

(202.8

)

 

 

(152.0

)

Foreign currency translation

   adjustment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

(23.4

)

 

 

(14.2

)

 

 

(0.1

)

 

 

-

 

 

 

(23.5

)

 

 

(14.2

)

Total

 

 

(23.4

)

 

 

(14.2

)

 

 

(0.1

)

 

 

-

 

 

 

(23.5

)

 

 

(14.2

)

Net carrying amounts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

948.6

 

 

 

1,004.4

 

 

 

18.8

 

 

 

20.1

 

 

 

967.4

 

 

 

1,024.5

 

Supply contracts

 

 

37.0

 

 

 

38.5

 

 

 

-

 

 

 

-

 

 

 

37.0

 

 

 

38.5

 

Technology

 

 

13.1

 

 

 

13.6

 

 

 

3.6

 

 

 

4.7

 

 

 

16.7

 

 

 

18.3

 

Trade names

 

 

5.1

 

 

 

5.3

 

 

 

-

 

 

 

-

 

 

 

5.1

 

 

 

5.3

 

Total

 

  $

1,003.8

 

 

  $

1,061.8

 

 

  $

22.4

 

 

  $

24.8

 

 

  $

1,026.2

 

 

  $

1,086.6