Huntsman Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

INTANGIBLE ASSETS (Tables)

v3.6.0.2

INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2016

INTANGIBLE ASSETS

Schedule of gross carrying amount and accumulated amortization of intangible assets

The gross carrying amount and accumulated amortization of intangible assets were as follows (dollars in millions):

	December 31, 2016						December 31, 2015
	Carrying Amount		Accumulated Amortization		Net		Carrying Amount		Accumulated Amortization		Net
Patents, trademarks and technology	$	368	$	329	$	39	$	369	$	327	$	42
Licenses and other agreements		37		23		14		38		22		16
Non-compete agreements		3		2		1		3		2		1
Other intangibles		76		64		12		82		55		27

Total	$	484	$	418	$	66	$	492	$	406	$	86

Schedule of estimated future amortization expense for intangible assets

Our and Huntsman International's estimated future amortization expense for intangible assets over the next five years is as follows (dollars in millions):

Year ending December 31,
2017	$	9
2018		9
2019		9
2020		9
2021		8

Huntsman International

INTANGIBLE ASSETS

Schedule of gross carrying amount and accumulated amortization of intangible assets

The gross carrying amount and accumulated amortization of intangible assets were as follows (dollars in millions):

	December 31, 2016						December 31, 2015
	Carrying Amount		Accumulated Amortization		Net		Carrying Amount		Accumulated Amortization		Net
Patents, trademarks and technology	$	368	$	329	$	39	$	369	$	327	$	42
Licenses and other agreements		37		23		14		38		22		16
Non-compete agreements		3		2		1		3		2		1
Other intangibles		83		71		12		89		62		27

Total	$	491	$	425	$	66	$	499	$	413	$	86

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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
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