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GOODWILL AND OTHER INTANGIBLE ASSETS | 9 Months Ended
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Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | GOODWILL AND OTHER INTANGIBLE ASSETS The changes in the carrying amount of goodwill by reporting segment since December 31, 2020 are as follows:
| Pharma |  | Beauty + Home |  | Food + Beverage |  | Corporate & Other |  | Total
Goodwill | $ | 436,731 |  |  | $ | 333,111 |  |  | $ | 128,679 |  |  | $ | 1,615 |  |  | $ | 900,136 |
Accumulated impairment losses | — |  |  | — |  |  | — |  |  | (1,615) |  |  | (1,615) |
Balance as of December 31, 2020 | $ | 436,731 |  |  | $ | 333,111 |  |  | $ | 128,679 |  |  | $ | — |  |  | $ | 898,521 |
Acquisitions | 110,158 |  |  | — |  |  | — |  |  | — |  |  | 110,158 |
Foreign currency exchange effects | (15,961) |  |  | (5,607) |  |  | (332) |  |  | — |  |  | (21,900) |
Goodwill | $ | 530,928 |  |  | $ | 327,504 |  |  | $ | 128,347 |  |  | $ | 1,615 |  |  | $ | 988,394 |
Accumulated impairment losses | — |  |  | — |  |  | — |  |  | (1,615) |  |  | (1,615) |
Balance as of September 30, 2021 | $ | 530,928 |  |  | $ | 327,504 |  |  | $ | 128,347 |  |  | $ | — |  |  | $ | 986,779 |
The table below shows a summary of intangible assets as of September 30, 2021 and December 31, 2020.
|  |  | September 30, 2021 |  | December 31, 2020
Weighted Average Amortization Period (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Value
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 13.9 |  | $ | 2,785 |  |  | $ | (1,436) |  |  | $ | 1,349 |  |  | $ | 2,861 |  |  | $ | (1,477) |  |  | $ | 1,384 |
Acquired technology | 11.5 |  | 140,224 |  |  | (42,803) |  |  | 97,421 |  |  | 111,854 |  |  | (36,943) |  |  | 74,911 |
Customer relationships | 15.4 |  | 312,905 |  |  | (71,872) |  |  | 241,033 |  |  | 286,644 |  |  | (56,714) |  |  | 229,930 |
Trademarks and trade names | 6.9 |  | 45,194 |  |  | (21,544) |  |  | 23,650 |  |  | 46,174 |  |  | (17,437) |  |  | 28,737 |
License agreements and other | 37.6 |  | 16,504 |  |  | (7,143) |  |  | 9,361 |  |  | 19,208 |  |  | (9,861) |  |  | 9,347 |
Total intangible assets | 14.4 |  | $ | 517,612 |  |  | $ | (144,798) |  |  | $ | 372,814 |  |  | $ | 466,741 |  |  | $ | (122,432) |  |  | $ | 344,309 |
Aggregate amortization expense for the intangible assets above for the quarters ended September 30, 2021 and 2020 was $10,249 and $9,686, respectively. Aggregate amortization expense for the intangible assets above for the nine months ended September 30, 2021 and 2020 was $29,871 and $30,020, respectively. Future estimated amortization expense for the years ending December 31 is as follows:
2021 | $ | 11,614 |  |  | (remaining estimated amortization for 2021)
2022 | 43,874 |  |  |
2023 | 43,791 |  |  |
2024 | 40,651 |  |  |
2025 and thereafter | 232,884 |  |  |
Future amortization expense may fluctuate depending on changes in foreign currency rates. The estimates for amortization expense noted above are based upon foreign exchange rates as of September 30, 2021.

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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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