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