Huntsman Corporation Registration of securities issued in business combination transactions

INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2011

8. INTANGIBLE ASSETS

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

	December 31, 2011						December 31, 2010

	Carrying Amount		Accumulated Amortization		Net		Carrying Amount		Accumulated Amortization		Net
Patents, trademarks and technology	$	363	$	307	$	56	$	363	$	286	$	77
Licenses and other agreements		39		14		25		25		12		13
Non-compete agreements		2		2		-		2		2		-
Other intangibles		48		36		12		77		60		17

Total	$	452	$	359	$	93	$	467	$	360	$	107

Amortization expense was $30 million, $30 million and $35 million for the years ended December 31, 2011, 2010 and 2009, respectively.

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

The entire disclosure for all or part of the information related to intangible assets.