Acquisitions Business Acquisition (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

During the six months ended June 30, 2019, the Company acquired Neovia, FCC, Ziegler, and the remaining 50% interest in Gleadell Agriculture Ltd (Gleadell), for aggregate consideration of $2.0 billion in cash. The aggregate consideration of these acquisitions, net of $95 million in cash acquired, plus the acquisition-date value of the Company’s previously held equity interest in Gleadell of $15 million, were allocated as follows, subject to final measurement period adjustments:



In millions	Neovia			FCC		Ziegler			Gleadell			Total
Working capital	$	103		$	40	$	20		$	(6	)	$	157
Property, plant, and equipment	405			17		3			13			438
Goodwill	731			90		27			10			858
Other intangible assets	659			23		24			—			706
Other long-term assets	82			—		1			9			92
Long-term liabilities	(289		)	—		(7		)	(11		)	(307		)
Aggregate cash consideration, net of cash acquired, plus acquisition-date fair value of previously held equity interest	$	1,691		$	170	$	68		$	15		$	1,944

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The following table sets forth the preliminary fair values and the useful lives of the other intangible assets acquired.



	Useful Lives			Neovia		FCC		Ziegler		Total
	(In years)			(In millions)
Intangible assets with finite lives:
Trademarks/brands	5	to	15	$	215	$	7	$	3	$	225
Customer lists	10	to	20	306		12		5		323
Developed technology	6	to	11	138		4		16		158
Total other intangible assets acquired				$	659	$	23	$	24	$	706