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Goodwill
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill

 

8.

GOODWILL

Goodwill allocated to reportable segments as at December 31, 2020 and 2019 and changes in the carrying amount of goodwill during the years ended December 31, 2020 and 2019 are as follows:

 

 

 

Automotive

and Discrete

Group (ADG)

 

 

Microcontrollers

and Digital ICs

Group (MDG)

 

 

Analog,

MEMS & Sensors

Group (AMS)

 

 

Total

 

December 31, 2018

 

 

 

 

 

119

 

 

 

2

 

 

 

121

 

Business combination

 

 

43

 

 

 

 

 

 

 

 

 

43

 

Foreign currency translation

 

 

 

 

 

(2

)

 

 

 

 

 

(2

)

December 31, 2019

 

 

43

 

 

 

117

 

 

 

2

 

 

 

162

 

Business combination

 

 

38

 

 

 

111

 

 

 

 

 

 

149

 

Foreign currency translation

 

 

10

 

 

 

9

 

 

 

 

 

 

19

 

December 31, 2020

 

 

91

 

 

 

237

 

 

 

2

 

 

 

330

 

 

As described in Note 7, the 2020 acquisitions resulted in the recognition of $135 million in goodwill which has been included in the ADG and MDG segments to align the goodwill of the acquired businesses with the segments for which the related activities are reported.

 

In addition, changes in the carrying amount of goodwill in 2020 include $14 million increase related to the acquisition of Norstel following finalization of the purchase price allocation in 2020.

Goodwill as at December 31, 2020 and 2019 is net of accumulated impairment losses of $102 million, of which $96 million relates to the MDG segment and $6 million to Others.  In 2020, 2019 and 2018, no impairment loss was recorded by the Company.