Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS (Tables)

v3.19.3.a.u2
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2019
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, 2019

​

December 31, 2018

​

    

Carrying

    

Accumulated

    

​

    

Carrying

    

Accumulated

    

​

​

​

Amount

​

Amortization

​

Net

​

Amount

​

Amortization

​

Net

Patents, trademarks and technology

​

$

314

​

$

230

​

$

84

​

$

293

​

$

209

​

$

84

Licenses and other agreements

​

 

140

​

 

48

​

 

92

​

 

134

​

 

29

​

 

105

Non-compete agreements

​

 

3

​

 

2

​

 

1

​

 

3

​

 

2

​

 

1

Other intangibles

​

 

61

​

 

41

​

 

20

​

 

64

​

 

41

​

 

23

Total

​

$

518

​

$

321

​

$

197

​

$

494

​

$

281

​

$

213

​

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,

    

​

    

2020

 

$

16

2021

​

​

15

2022

​

​

15

2023

​

​

15

2024

​

​

15

HUNTSMAN INTERNATIONAL LLC AND SUBSIDIARIES  
INTANGIBLE ASSETS  
Schedule of gross carrying amount and accumulated amortization of intangible assets

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2019

​

December 31, 2018

​

    

Carrying

    

Accumulated

    

​

    

Carrying

    

Accumulated

    

​

​

​

Amount

​

Amortization

​

Net

​

Amount

​

Amortization

​

Net

Patents, trademarks and technology

​

$

314

​

$

230

​

$

84

​

$

293

​

$

209

​

$

84

Licenses and other agreements

​

 

140

​

 

48

​

 

92

​

 

134

​

 

29

​

 

105

Non-compete agreements

​

 

3

​

 

2

​

 

1

​

 

3

​

 

2

​

 

1

Other intangibles

​

 

70

​

 

50

​

 

20

​

 

72

​

 

49

​

 

23

Total

​

$

527

​

$

330

​

$

197

​

$

502

​

$

289

​

$

213