Goodwill and Other Intangible Assets, Net (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Movements in Goodwill

Movements in goodwill attributable to each reportable segment for the three months ended March 31, 2022 were as follows:

(DOLLARS IN MILLIONS)	Nourish		Health & Biosciences		Scent		Pharma Solutions		Total
Balance at December 31, 2021	$	6,555	$	6,749	$	1,828	$	1,282	$	16,414
Foreign exchange	(50)		(42)		(11)		(13)		(116)
Balance at March 31, 2022	$	6,505	$	6,707	$	1,817	$	1,269	$	16,298

Schedule of Other Intangible Assets, Net

Other intangible assets, net consisted of the following amounts:

	March 31,		December 31,
(DOLLARS IN MILLIONS)	2022		2021
Asset Type
Customer relationships	$	8,878	$	8,935
Technological know-how	2,470		2,494
Trade names & patents	405		411
Other	50		50
Total carrying value	11,803		11,890
Accumulated Amortization
Customer relationships	(991)		(887)
Technological know-how	(441)		(388)
Trade names & patents	(76)		(68)
Other	(45)		(41)
Total accumulated amortization	(1,553)		(1,384)
Other intangible assets, net	$	10,250	$	10,506

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Amortization expense for the next five years is expected to be as follows:

(DOLLARS IN MILLIONS)	2022		2023		2024		2025		2026
Estimated future intangible amortization expense	$	564	$	743	$	742	$	740	$	737