Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]


(In millions)	March 31, 2021						December 31, 2020						March 31, 2020
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Intangible assets subject to amortization (Definite-lived):
Germplasm	$	6,265	$	(380)	$	5,885	$	6,265	$	(317)	$	5,948	$	6,265	$	(126)	$	6,139
Customer-related	1,956		(404)		1,552		1,984		(380)		1,604		1,956		(293)		1,663
Developed technology	1,485		(565)		920		1,451		(525)		926		1,463		(409)		1,054
Trademarks/trade names1	2,013		(112)		1,901		2,019		(99)		1,920		166		(88)		78
Favorable supply contracts	475		(326)		149		475		(302)		173		475		(231)		244
Other2	405		(238)		167		405		(239)		166		400		(218)		182
Total other intangible assets with finite lives	12,599		(2,025)		10,574		12,599		(1,862)		10,737		10,725		(1,365)		9,360

Intangible assets not subject to amortization (Indefinite-lived):
IPR&D	10		—		10		10		—		10		10		—		10
Trade name1													1,871		—		1,871

Total other intangible assets	10		—		10		10		—		10		1,881		—		1,881
Total	$	12,609	$	(2,025)	$	10,584	$	12,609	$	(1,862)	$	10,747	$	12,606	$	(1,365)	$	11,241

1.Beginning on October 1, 2020, the company changed its indefinite life assertion of its trade name asset to definite lived with a useful life of 25 years. This change is the result of the launch of BrevantTM seed in the retail channel in the U.S. Prior to changing the useful life of the trade name asset, the company tested the asset for the impairment under ASC 350- Intangibles, Goodwill and Other, concluding the asset was not impaired.

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