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Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of carrying amount of goodwill by business segment

The following table shows the carrying amount of goodwill by reportable segment as of September 30, 2021 and December 31, 2020:


	Ammonia		Granular Urea		UAN		AN		Other		Total
	(in millions)
Balance as of December 31, 2020	$	587	$	828	$	576	$	310	$	73	$	2,374
Impairment losses	(4)		—		—		(233)		(22)		(259)
Effect of exchange rate changes	—		—		—		—		1		1
Balance as of September 30, 2021	$	583	$	828	$	576	$	77	$	52	$	2,116

Schedule of the identifiable intangibles and their carrying values presented in other noncurrent assets on consolidated balance sheet

All of our identifiable intangible assets have definite lives and are presented in other assets on our consolidated balance sheets at gross carrying amount, net of accumulated amortization, as follows:


	September 30, 2021						December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
	(in millions)

Customer relationships	$	84	$	(58)	$	26	$	133	$	(52)	$	81
Trade names	31		(10)		21		32		(9)		23
U.K. carbon credits	19		—		19		—		—		—
Total intangible assets	$	134	$	(68)	$	66	$	165	$	(61)	$	104

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(1)As of September 30, 2021, the gross carrying amount for customer relationships and trade names include impairment charges recorded in the three months ended September 30, 2021 of $49 million and $1 million, respectively.

Schedule of estimated future amortization expense

Total estimated amortization expense for the remainder of 2021 and each of the five succeeding fiscal years is as follows:


	Estimated Amortization Expense
	(in millions)
Remainder of 2021	$	1
2022	7
2023	15
2024	9
2025	4
2026	4