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Goodwill and Other Intangible Assets, Net (Tables) | 3 Months Ended
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Mar. 31, 2021
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, 2021 were as follows:
(DOLLARS IN MILLIONS) | Nourish |  | Health & Biosciences |  | Scent |  | Pharma Solutions |  |  |  | Total
Balance at December 31, 2020 | $ | 4,859 |  |  | $ | — |  |  | $ | 734 |  |  | $ | — |  |  |  |  | $ | 5,593 |
Acquisitions(1) | 2,839 |  |  | 7,291 |  |  | — |  |  | 1,632 |  |  |  |  | 11,762 |
Foreign exchange | (110) |  |  | (107) |  |  | (12) |  |  | (22) |  |  |  |  | (251) |
Reallocation | (985) |  |  | 728 |  |  | 257 |  |  | — |  |  |  |  | — |
Balance at March 31, 2021 | $ | 6,603 |  |  | $ | 7,912 |  |  | $ | 979 |  |  | $ | 1,610 |  |  |  |  | $ | 17,104 |
_______________________ (1)Acquisitions relate to the Merger with N&B. The amount of goodwill, and allocation of goodwill among reporting units, from the Merger with the N&B Business is preliminary and may materially change in future periods as a result of purchase accounting being finalized. See Note 3 for additional information.
Schedule of Other Intangible Assets, Net | Other intangible assets, net consisted of the following amounts:
| March 31, |  | December 31,
(DOLLARS IN MILLIONS) | 2021 |  | 2020
Asset Type |  |  |
Customer relationships | $ | 9,397 |  |  | $ | 2,728 |
Trade names & patents | 453 |  |  | 187 |
Technological know-how | 2,579 |  |  | 479 |
Other | 30 |  |  | 38 |
Total carrying value | 12,459 |  |  | 3,432 |
Accumulated Amortization |  |  |
Customer relationships | (500) |  |  | (470) |
Trade names & patents | (126) |  |  | (38) |
Technological know-how | (154) |  |  | (168) |
Other | (27) |  |  | (29) |
Total accumulated amortization | (807) |  |  | (705) |
Other intangible assets, net | $ | 11,652 |  |  | $ | 2,727 |
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) | 2021 |  | 2022 |  | 2023 |  | 2024 |  | 2025
Estimated future intangible amortization expense | $ | 608 |  |  | $ | 807 |  |  | $ | 807 |  |  | $ | 807 |  |  | $ | 805 |

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