Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Other Intangible Assets

(In millions)	June 30, 2020							December 31, 2019							June 30, 2019
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Intangible assets subject to amortization (Definite-lived):
Germplasm1	$	6,265	$	(190	)	$	6,075	$	6,265	$	(63	)	$	6,202
Customer-related	1,961		(322		)	1,639		1,977		(268		)	1,709		$	1,981	$	(211	)	$	1,770
Developed technology	1,463		(462		)	1,001		1,463		(370		)	1,093		1,467		(297		)	1,170
Trademarks/trade names	161		(85		)	76		166		(86		)	80		166		(83		)	83
Favorable supply contracts	475		(255		)	220		475		(207		)	268		475		(159		)	316
Other2	405		(227		)	178		404		(213		)	191		429		(218		)	211
Total other intangible assets with finite lives	10,730		(1,541		)	9,189		10,750		(1,207		)	9,543		4,518		(968		)	3,550
Intangible assets not subject to amortization (Indefinite-lived):
IPR&D	10		—			10		10		—			10		146		—			146
Germplasm1															6,265		—			6,265
Tradename	1,871		—			1,871		1,871		—			1,871		1,871		—			1,871
Total other intangible assets	1,881		—			1,881		1,881		—			1,881		8,282		—			8,282
Total	$	12,611	$	(1,541	)	$	11,070	$	12,631	$	(1,207	)	$	11,424	$	12,800	$	(968	)	$	11,832

^1.  Beginning on October 1, 2019, the company changed its indefinite life assertion of the germplasm assets to definite lived with a useful life of 25 years.  This change is the result of a more focused development effort of new seed products coupled with an intent to out license select germplasm on a non-exclusive basis. Prior to changing the useful life of the germplasm assets, the company tested the assets for impairment under ASC 350 - Intangibles, Goodwill and Other, concluding the assets were not impaired.

^2. 

Primarily consists of sales and farmer networks, marketing and manufacturing alliances and noncompetition agreements.