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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2023
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, 2023 | December 31, 2022
| (In millions)
Ag Services and Oilseeds | $ | 235 |  |  | $ | 193 |
Carbohydrate Solutions | 224 |  |  | 224 |
Nutrition | 3,640 |  |  | 3,731 |
Other Business | 4 |  |  | 14 |
Total | $ | 4,103 |  |  | $ | 4,162 |
The changes in goodwill during the year ended December 31, 2023 were primarily related to impairment of $137 million in the Animal Nutrition reporting unit of Nutrition, partially offset by an increase due to an acquisition of $20 million principally in the Ag Services and Oilseeds segment and foreign currency translation gains of $65 million primarily in the Nutrition segment. As of December 31, 2023 and 2022, accumulated amortization loss was $156 million and $19 million, respectively. The following table sets forth the other intangible assets:
|  |  |  |  | December 31, 2023 |  | December 31, 2022
| Useful |  | Gross |  | Accumulated |  |  |  | Gross |  | Accumulated |  |
| Life |  | Amount |  | Amortization |  | Net |  | Amount |  | Amortization |  | Net
| (In years) |  | (In millions)
Intangible assets with indefinite lives: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks/brands |  |  |  |  | $ | 375 |  |  | $ | — |  |  | $ | 375 |  |  | $ | 397 |  |  | $ | — |  |  | $ | 397 |
Other |  |  |  |  | 58 |  |  | — |  |  | 58 |  |  | — |  |  | — |  |  | — |
Intangible assets with definite lives: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks/brands | 5 | to | 20 |  | 53 |  |  | (35) |  |  | 18 |  |  | 70 |  |  | (28) |  |  | 42 |
Customer lists | 1 | to | 30 |  | 1,544 |  |  | (627) |  |  | 917 |  |  | 1,544 |  |  | (542) |  |  | 1,002 |
Capitalized software and related costs | 5 | to | 8 |  | 950 |  |  | (523) |  |  | 427 |  |  | 721 |  |  | (449) |  |  | 272 |
Land rights | 2 | to | 50 |  | 107 |  |  | (30) |  |  | 77 |  |  | 109 |  |  | (25) |  |  | 84 |
Other intellectual property | 6 | to | 20 |  | 211 |  |  | (135) |  |  | 76 |  |  | 228 |  |  | (112) |  |  | 116 |
Recipes and other | 1 | to | 35 |  | 511 |  |  | (304) |  |  | 207 |  |  | 547 |  |  | (274) |  |  | 273 |
Intangible assets in process |  |  |  |  | 83 |  |  | — |  |  | 83 |  |  | 196 |  |  | — |  |  | 196 |
Total |  |  |  |  | $ | 3,892 |  |  | $ | (1,654) |  |  | $ | 2,238 |  |  | $ | 3,812 |  |  | $ | (1,430) |  |  | $ | 2,382 |
The changes in the gross amounts during the year ended December 31, 2023 were primarily related to additions to capitalized software and related costs, net of the decrease in intangible assets in process and increases related to foreign currency translation of $53 million, partially offset by impairments of $64 million and reclassifications. The changes in accumulated amortization during the year ended December 31, 2023 were related to amortization expense and foreign currency translation of $15 million, partially offset by reclassifications. Aggregate amortization expense was $234 million, $235 million, and $177 million for the years ended December 31, 2023, 2022, and 2021, respectively, of which $72 million, $69 million, and $33 million, respectively, were for amortization of capitalized software and related costs. The estimated future aggregate amortization expense for the next five years is $338 million, $345 million, $337 million, $330 million, and $310 million, respectively.

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