v3.25.2
Goodwill and Other Intangible Assets (Tables)
 9 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill by Reportable Segment

The following is a progression of goodwill by reportable segment for the nine months ended June 30, 2025:

 

 

Life

 

 

Personal

 

 

Specialty

 

 

 

 

 

 

 

(In millions)

Sciences

 

 

Care

 

 

Additives

 

 

Intermediates

 

 

Total

 

Balance at September 30, 2024(a)

$

822

 

 

$

125

 

 

$

434

 

 

$

—

 

 

$

1,381

 

Impairment

 

(375

)

 

 

—

 

 

 

(331

)

 

 

—

 

 

 

(706

)

Currency translation

 

19

 

 

 

3

 

 

 

9

 

 

 

—

 

 

 

31

 

Avoca business - divestiture(b)

 

—

 

 

 

(1

)

 

 

—

 

 

 

—

 

 

 

(1

)

Balance at June 30, 2025(c)

$

466

 

 

$

127

 

 

$

112

 

 

$

—

 

 

$

705

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
(a)
As of September 30, 2024, there were accumulated impairments of zero, $356 million, $174 million and $90 million related to the Life Sciences, Personal Care, Specialty Additives and Intermediates reportable segments, respectively.
(b)
Ashland allocated $1 million to the Avoca business during the nine months ended June 30, 2025. See Note B of the Notes to the Condensed Consolidated Financial Statements for more information.
(c)
As of June 30, 2025, there were accumulated impairments of $375 million, $356 million, $505 million and $90 million related to the Life Sciences, Personal Care, Specialty Additives and Intermediates reportable segments, respectively.
Summary of Other Intangible Assets

Other intangible assets were comprised of the following as of:

 

 

June 30, 2025

 

 

September 30, 2024

 

 

Gross

 

 

 

 

 

Net

 

 

Gross

 

 

 

 

 

Net

 

 

carrying

 

 

Accumulated

 

 

carrying

 

 

carrying

 

 

Accumulated

 

 

carrying

 

(In millions)

amount

 

 

amortization

 

 

amount

 

 

amount

 

 

amortization

 

 

amount

 

Definite-lived intangibles

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names(a)

$

75

 

 

$

(38

)

 

$

37

 

 

$

87

 

 

$

(42

)

 

$

45

 

Intellectual property(b)

 

682

 

 

 

(630

)

 

 

52

 

 

 

715

 

 

 

(613

)

 

 

102

 

Customer and supplier relationships(c)

 

614

 

 

 

(403

)

 

 

211

 

 

 

759

 

 

 

(433

)

 

 

326

 

Total definite-lived intangibles

 

1,371

 

 

 

(1,071

)

 

 

300

 

 

 

1,561

 

 

 

(1,088

)

 

 

473

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived intangibles

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

 

278

 

 

 

—

 

 

 

278

 

 

 

278

 

 

 

—

 

 

 

278

 

Total intangible assets

$

1,649

 

 

$

(1,071

)

 

$

578

 

 

$

1,839

 

 

$

(1,088

)

 

$

751

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
(a)
Ashland allocated $7 million to the Avoca business during the nine months ended June 30, 2025. See Note B of the Notes to the Condensed Consolidated Financial Statements for additional details.
(b)
Ashland allocated $29 million to the Avoca business during the nine months ended June 30, 2025. See Note B of the Notes to the Condensed Consolidated Financial Statements for additional details.
(c)
Ashland allocated $98 million to the Avoca business during the nine months ended June 30, 2025. See Note B of the Notes to the Condensed Consolidated Financial Statements for additional details.