Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Goodwill balances attributable to consolidated businesses, by segment, are set forth in the following table.

	December 31, 2020		December 31, 2019
	(In millions)
Ag Services and Oilseeds	$	212	$	206
Carbohydrate Solutions	263		261
Nutrition	2,972		2,914
Other Business	4		4
Total	$	3,451	$	3,385

The changes in goodwill during the year ended December 31, 2020 related to foreign currency translation.

The following table sets forth the other intangible assets:

				December 31, 2020						December 31, 2019
	Useful			Gross		Accumulated				Gross		Accumulated
	Life			Amount		Amortization		Net		Amount		Amortization		Net
	(In years)			(In millions)
Intangible assets with indefinite lives:
Trademarks/brands				$	429	$	—	$	429	$	440	$	—	$	440
Other				1		—		1		1		—		1
Intangible assets with definite lives:
Trademarks/brands	5	to	20	39		(16)		23		35		(13)		22
Customer lists	5	to	30	1,196		(390)		806		1,194		(310)		884
Computer software	1	to	8	464		(354)		110		425		(305)		120
Land rights	2	to	50	177		(35)		142		168		(30)		138
Other intellectual property	6	to	20	241		(79)		162		238		(56)		182
Recipes and other	3	to	35	489		(200)		289		538		(234)		304
Total				$	3,036	$	(1,074)	$	1,962	$	3,039	$	(948)	$	2,091

Aggregate amortization expense was $173 million, $165 million, and $129 million for the years ended December 31, 2020, 2019, and 2018, respectively. The estimated future aggregate amortization expense for the next five years is $188 million, $178 million, $164 million, $153 million, and $132 million, respectively.