Alcoa 2013 Annual Report Download - page 123

E. Goodwill and Other Intangible Assets
The following table details the changes in the carrying amount of goodwill:
Alumina
Primary
Metals
Global
Rolled
Products
Engineered
Products
and
Solutions Corporate* Total
Balance at December 31, 2011:
Goodwill $11 $ 991 $208 $2,694 $1,281 $ 5,185
Accumulated impairment losses - - - (28) - (28)
11 991 208 2,666 1,281 5,157
Acquisition of businesses - - - (1) - (1)
Translation (1) 6 6 12 (9) 14
Balance at December 31, 2012:
Goodwill 10 997 214 2,705 1,272 5,198
Accumulated impairment losses - - - (28) - (28)
10 997 214 2,677 1,272 5,170
Impairment - (989) - - (742) (1,731)
Translation (1) (8) 4 (7) (12) (24)
Balance at December 31, 2013:
Goodwill 9 989 218 2,698 1,260 5,174
Accumulated impairment losses - (989) - (28) (742) (1,759)
$ 9 $ - $218 $2,670 $ 518 $ 3,415
* As of December 31, 2013, $493 of the amount reflected in Corporate is allocated to three of Alcoa’s four reportable
segments ($158 to Alumina, $61 to Global Rolled Products, and $274 to Engineered Products and Solutions)
included in the table above for purposes of impairment testing (see Note A). This goodwill is reflected in Corporate
for segment reporting purposes because it is not included in management’s assessment of performance by the three
reportable segments.
In 2013, Alcoa recognized an impairment of goodwill in the amount of $1,731 ($1,719 after noncontrolling interest)
related to the annual impairment review of the Primary Metals segment (see Goodwill and Other Intangible Assets
policy in Note A).
Other intangible assets, which are included in Other noncurrent assets on the accompanying Consolidated Balance
Sheet, were as follows:
December 31, 2013
Gross
carrying
amount
Accumulated
amortization
Computer software $ 988 $(743)
Patents and licenses 133 (93)
Other intangibles 100 (32)
Total amortizable intangible assets 1,221 (868)
Indefinite-lived trade names and trademarks 46 -
Total other intangible assets $1,267 $(868)
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