Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Other Intangible Assets

(In millions)	March 31, 20231						December 31, 2022						March 31, 2022
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Intangible assets subject to amortization (Definite-lived):
Germplasm	$	6,291	$	(890)	$	5,401	$	6,291	$	(826)	$	5,465	$	6,265	$	(634)	$	5,631
Customer-related	2,407		(617)		1,790		1,912		(585)		1,327		1,953		(515)		1,438
Developed technology	1,845		(868)		977		1,485		(830)		655		1,485		(716)		769
Trademarks/trade names	2,107		(271)		1,836		2,009		(251)		1,758		2,011		(192)		1,819
Favorable supply contracts2													475		(420)		55
Other3	395		(276)		119		395		(271)		124		405		(262)		143
Total other intangible assets with finite lives	13,045		(2,922)		10,123		12,092		(2,763)		9,329		12,594		(2,739)		9,855
Intangible assets not subject to amortization (Indefinite-lived):
IPR&D	14		—		14		10		—		10		10		—		10
Total other intangible assets	14		—		14		10		—		10		10		—		10
Total	$	13,059	$	(2,922)	$	10,137	$	12,102	$	(2,763)	$	9,339	$	12,604	$	(2,739)	$	9,865

1.Includes the intangible assets acquired in connection with the Stoller and Symborg acquisitions, which were completed on March 1, 2023. See Note 3 – Business Combinations, to the interim Consolidated Financial Statements, for additional information.

2.Effective November 1, 2022, the favorable supply contracts expired and were fully amortized.

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

Schedule of Goodwill

(In millions)	Crop Protection		Seed		Total
Balance as of December 31, 2022	$	4,618	$	5,344	$	9,962
Acquisitions1	519		—		519
Currency translation adjustments	13		14		27
Balance as of March 31, 2023	$	5,150	$	5,358	$	10,508

1.On March 1, 2023, the company completed the acquisitions of Stoller and Symborg, which are included in the crop protection segment. See Note 3 – Business Combinations, to the interim Consolidated Financial Statements, for additional information.