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)

v3.10.0.1

INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2018

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):

Huntsman Corporation


	December 31, 2018						December 31, 2017
	Carrying		Accumulated				Carrying		Accumulated
	Amount		Amortization		Net		Amount		Amortization		Net
Patents, trademarks and technology	$	424	$	333	$	91	$	350	$	332	$	18
Licenses and other agreements		135		31		104		40		25		15
Non-compete agreements		3		2		1		4		2		2
Other intangibles		83		60		23		82		61		21
Total	$	645	$	426	$	219	$	476	$	420	$	56

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,
2019	$	19
2020		17
2021		16
2022		16
2023		16

HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES

INTANGIBLE ASSETS

Schedule of gross carrying amount and accumulated amortization of intangible assets


	December 31, 2018						December 31, 2017
	Carrying		Accumulated				Carrying		Accumulated
	Amount		Amortization		Net		Amount		Amortization		Net
Patents, trademarks and technology	$	424	$	333	$	91	$	350	$	332	$	18
Licenses and other agreements		135		31		104		40		25		15
Non-compete agreements		3		2		1		4		2		2
Other intangibles		91		68		23		90		69		21
Total	$	653	$	434	$	219	$	484	$	428	$	56

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