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Goodwill and Other Intangible Assets, Net (Tables) | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill by Operating Segment | 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, $985 million of goodwill previously included in the legacy 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 during the years ended December 31, 2020 and 2021 were as follows:
(DOLLARS IN MILLIONS) | Nourish |  | Health & Biosciences |  | Scent |  | Pharma Solutions |  | Total
Balance at December 31, 2019 | $ | 4,873 |  |  | $ | — |  |  | $ | 624 |  |  | $ | — |  |  | $ | 5,497 |
Measurement period adjustment(1) | (15) |  |  | — |  |  | — |  |  | — |  |  | (15) |
Foreign exchange | 86 |  |  | — |  |  | 25 |  |  | — |  |  | 111 |
Reallocation | (85) |  |  | — |  |  | 85 |  |  | — |  |  | — |
Balance at December 31, 2020 | 4,859 |  |  | — |  |  | 734 |  |  | — |  |  | 5,593 |
Acquisitions(2) | 2,900 |  |  | 6,712 |  |  | 876 |  |  | 1,329 |  |  | 11,817 |
Transferred to assets held for sale | — |  |  | (536) |  |  | — |  |  | — |  |  | (536) |
Reduction from business divestiture | (27) |  |  | — |  |  | — |  |  | — |  |  | (27) |
Foreign exchange | (192) |  |  | (155) |  |  | (39) |  |  | (47) |  |  | (433) |
Reallocation | (985) |  |  | 728 |  |  | 257 |  |  | — |  |  | — |
Balance at December 31, 2021 | $ | 6,555 |  |  | $ | 6,749 |  |  | $ | 1,828 |  |  | $ | 1,282 |  |  | $ | 16,414 |
_______________________ (1)Measurement period adjustments relate to the 2019 Acquisition Activity. (2)Acquisitions relate to the Merger with N&B. See Note 3 for additional information.
Schedule of Other Intangible Assets | Other intangible assets, net consisted of the following amounts:
| December 31,
(DOLLARS IN MILLIONS) | 2021 |  | 2020
Asset Type |  |  |
Customer relationships | $ | 8,935 |  |  | $ | 2,728 |
Technological know-how | 2,494 |  |  | 479 |
Trade names & patents | 411 |  |  | 187 |
Other | 50 |  |  | 38 |
Total carrying value | 11,890 |  |  | 3,432 |
Accumulated Amortization |  |  |
Customer relationships | (887) |  |  | (470) |
Technological know-how | (388) |  |  | (168) |
Trade names & patents | (68) |  |  | (38) |
Other | (41) |  |  | (29) |
Total accumulated amortization | (1,384) |  |  | (705) |
Other intangible assets, net | $ | 10,506 |  |  | $ | 2,727 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Amortization expense for the next five years and thereafter, based on valuations and determinations of useful lives, is expected to be as follows:
| December 31,
(DOLLARS IN MILLIONS) | 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026
Estimated future intangible amortization expense | $ | 758 |  |  | $ | 749 |  |  | $ | 748 |  |  | $ | 746 |  |  | $ | 743 |

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