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Goodwill and Other Intangible Assets, Net (Tables) | 3 Months Ended
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Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Movements in Goodwill | Movements in goodwill during 2019 were as follows:
(DOLLARS IN THOUSANDS) | Goodwill
Balance at December 31, 2018 | $ | 5,378,388 |
Acquisitions(1) | 61,711 |
Frutarom measurement period adjustment | (3,579 | )
Foreign exchange | (2,520 | )
Balance at March 31, 2019 | $ | 5,434,000 |
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(1) | Additions relate to the 2019 acquisition activity. See Note 3 for details.
Schedule of Other Intangible Assets, Net | Other intangible assets, net consisted of the following amounts:
| March 31, |  | December 31,
(DOLLARS IN THOUSANDS) | 2019 |  | 2018
Asset Type |  |  |
Customer relationships | $ | 2,638,998 |  |  | $ | 2,658,659 |
Trade names & patents | 177,566 |  |  | 177,770 |
Technological know-how | 463,989 |  |  | 451,016 |
Other | 33,009 |  |  | 43,766 |
Total carrying value | 3,313,562 |  |  | 3,331,211 |
Accumulated Amortization |  |  |
Customer relationships | (193,263 | ) |  | (156,906 | )
Trade names & patents | (21,760 | ) |  | (19,593 | )
Technological know-how | (106,181 | ) |  | (93,051 | )
Other | (18,181 | ) |  | (22,339 | )
Total accumulated amortization | (339,385 | ) |  | (291,889 | )
Other intangible assets, net | $ | 2,974,177 |  |  | $ | 3,039,322 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Amortization expense for the next five years and thereafter, based on preliminary valuations and determinations of useful lives, is expected to be as follows:
(DOLLARS IN THOUSANDS) | 2019 |  | 2020 |  | 2021 |  | 2022 |  | 2023
Estimated future intangible amortization expense | $ | 190,281 |  |  | $ | 185,492 |  |  | $ | 180,661 |  |  | $ | 176,734 |  |  | $ | 176,621 |

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