DuPont 2007 Annual Report Download - page 77

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Property, plant and equipment includes gross assets acquired under capital leases of $55 and $61 at December 31,
2007 and 2006, respectively. Related amounts included in accumulated depreciation were $33 at December 31,
2007 and 2006.
11. GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill
The following table summarizes changes in the carrying amount of Goodwill for the year ended December 31, 2007,
by reportable segment:
Balance
as of
December 31,
2007
Goodwill
Adjustments and
Acquisitions
Balance
as of
December 31,
2006
Agriculture & Nutrition $ 461 $ (1) $ 462
Coatings & Color Technologies 821 - 821
Electronic & Communication Technologies 177 2 175
Performance Materials 422 (37) 459
Safety & Protection 182 2 180
Other 11 -11
Total $2,074 $(34) $2,108
Changes in Goodwill in 2007 resulted from purchase accounting refinements and other acquisitions and divestitures.
In 2007, the company performed its annual impairment tests for goodwill and determined that no goodwill
impairments existed.
Other Intangible Assets
The following table summarizes the gross carrying amounts and accumulated amortization of other intangible
assets by major class:
Gross
Accumulated
Amortization Net Gross
Accumulated
Amortization Net
December 31, 2007 December 31, 2006
Intangible assets subject to
amortization (Definite-lived)
Purchased and licensed technology $2,410 $(1,142) $1,268 $2,099 $(1,253) $ 846
Patents 155 (56) 99 141 (46) 95
Trademarks 53 (17) 36 53 (14) 39
Other
1
536 (237) 299 536 (192) 344
3,154 (1,452) 1,702 2,829 (1,505) 1,324
Intangible assets not subject to
amortization (Indefinite-lived)
Trademarks/tradenames 179 - 179 180 - 180
Pioneer germplasm
2
975 - 975 975 - 975
1,154 - 1,154 1,155 - 1,155
$4,308 $(1,452) $2,856 $3,984 $(1,505) $2,479
1
Primarily consists of sales and grower networks, customer lists, marketing and manufacturing alliances and noncompetition agreements.
2
Pioneer germplasm is the pool of genetic source material and body of knowledge gained from the development and delivery stage of plant
breeding. The company recognized germplasm as an intangible asset upon the acquisition of Pioneer. This intangible asset is expected to
contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.
Prior to the adoption of SFAS No. 142, “Goodwill and Other Intangible Assets,” the company amortized germplasm on a straight-line basis
over a period of forty years, the maximum period previously allowed under generally accepted accounting principles.
F-20
E. I. du Pont de Nemours and Company
Notes to the Consolidated Financial Statements (continued)
(Dollars in millions, except per share)