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Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net (Notes) | 3 Months Ended
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Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets, Net | GOODWILL AND OTHER INTANGIBLE ASSETS, NET Goodwill In the first quarter of 2021, in connection to the Merger, the Company reorganized its reporting structure. In connection with this reorganization, goodwill was reassigned among reporting units using a relative fair value approach based on the fair value of the elements transferred and the fair value of the elements remaining within the original reporting units. The Company tested goodwill for impairment on a pre-reorganization basis and determined there was no impairment for the affected reporting units. In connection with the reorganization, a portion of goodwill previously included in the Taste segment, now the Nourish segment, was moved to the Scent and Health & Biosciences segments amounting to $257 million and $728 million, respectively. 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. Other Intangible Assets 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 |
Amortization Amortization expense was $152 million and $48 million for the three months ended March 31, 2021 and 2020. 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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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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