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Goodwill and Other Intangible Assets, Net (Tables) | 9 Months Ended
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Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Movements in Goodwill | Movements in goodwill attributable to each reportable segment for the nine months ended September 30, 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) | 2,702 |  |  | 6,651 |  |  | 910 |  |  | 1,539 |  |  |  |  | 11,802 |
Transferred to assets held for sale | (26) |  |  | (473) |  |  | — |  |  | — |  |  |  |  | (499) |
Foreign exchange | (135) |  |  | (116) |  |  | (30) |  |  | (25) |  |  |  |  | (306) |
Reallocation | (985) |  |  | 728 |  |  | 257 |  |  | — |  |  |  |  | — |
Balance at September 30, 2021 | $ | 6,415 |  |  | $ | 6,790 |  |  | $ | 1,871 |  |  | $ | 1,514 |  |  |  |  | $ | 16,590 |
_______________________ (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 updated as of the third quarter of 2021 and may 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:
| September 30, |  | December 31,
(DOLLARS IN MILLIONS) | 2021 |  | 2020
Asset Type |  |  |
Customer relationships | $ | 9,203 |  |  | $ | 2,728 |
Trade names & patents | 387 |  |  | 187 |
Technological know-how | 2,489 |  |  | 479 |
Other | 51 |  |  | 38 |
Total carrying value | 12,130 |  |  | 3,432 |
Accumulated Amortization |  |  |
Customer relationships | (754) |  |  | (470) |
Trade names & patents | (94) |  |  | (38) |
Technological know-how | (288) |  |  | (168) |
Other | (35) |  |  | (29) |
Total accumulated amortization | (1,171) |  |  | (705) |
Other intangible assets, net | $ | 10,959 |  |  | $ | 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 | $ | 191 |  |  | $ | 763 |  |  | $ | 753 |  |  | $ | 752 |  |  | $ | 750 |

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