XML 79 R57.htm IDEA: XBRL DOCUMENT v3.25.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Asset Disclosure [Abstract]  
Schedule of Goodwill
(In millions)Crop ProtectionSeedTotal
Balance as of December 31, 2022$4,618 $5,344 $9,962 
Acquisitions1
512 — 512 
Currency translation adjustment53 78 131 
Balance as of December 31, 2023$5,183 $5,422 $10,605 
Currency translation adjustment(139)(96)(235)
Other goodwill adjustments2
38 — 38 
Balance as of December 31, 2024$5,082 $5,326 $10,408 
1.On March 1, 2023, the company completed the acquisitions of Stoller and Symborg, which are included in the Crop Protection segment. See Note 4 – Business Combinations, to the Consolidated Financial Statements, for additional information.
2.Includes measurement period adjustments related to the acquisitions of Stoller and Symborg, which were not material.
Other Intangible Assets
(In millions)December 31, 2024
December 31, 20231
 GrossAccumulated
Amortization
NetGrossAccumulated
Amortization
Net
Intangible assets subject to amortization (finite-lived):   
Germplasm$6,291 $(1,336)$4,955 $6,291 $(1,081)$5,210 
Customer-related
2,350 (863)1,487 2,427 (734)1,693 
Developed technology1,838 (1,161)677 1,849 (1,004)845 
Trademarks/trade names2,056 (380)1,676 2,111 (339)1,772 
Other2
388 (312)76 395 (294)101 
Total other intangible assets with finite lives
$12,923 $(4,052)$8,871 $13,073 $(3,452)$9,621 
Intangible assets not subject to amortization (indefinite-lived):   
In-process research and development— — 
Total other intangible assets with indefinite lives— — 
Total other intangible assets$12,928 $(4,052)$8,876 $13,078 $(3,452)$9,626 
1.Includes the intangible assets acquired in connection with the Stoller and Symborg acquisitions, which were completed on March 1, 2023. See Note 4 – Business Combinations, to the Consolidated Financial Statements, for additional information.
2.Primarily consists of sales and farmer networks, marketing and manufacturing alliances and noncompetition agreements.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
(In millions)
2025$641 
2026631 
2027570 
2028549 
2029526