Goodwill and Intangible Assets

The changes in the carrying amount of goodwill by business segment are presented in the table below:



(in Millions)	FMC Agricultural Solutions			FMC Lithium		Total
Balance, December 31, 2017	$	1,198.9		$	—	$	1,198.9
Purchase price allocation adjustments (See Note 4)	281.1			—		281.1
Foreign currency and other adjustments	(13.6		)	—		(13.6		)
Balance, September 30, 2018	$	1,466.4		$	—	$	1,466.4

We perform our goodwill and indefinite-lived intangible asset impairment tests at least annually. Our fiscal year 2018 annual goodwill and indefinite-lived intangible asset impairment test was performed during the three months ended September 30, 2018. As a result, we determined no goodwill impairment existed and that the fair value was substantially in excess of the carrying value for each of our goodwill reporting units. However, we recorded an immaterial impairment charge in our generic brand portfolio which is part of our FMC Agricultural Solutions segment. Refer to Note 17 for further details.

Our intangible assets, other than goodwill, consist of the following:



	September 30, 2018							December 31, 2017
(in Millions)	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Intangible assets subject to amortization (finite-lived)
Customer relationships	$	1,156.3	$	(116.3	)	$	1,040.0	$	1,122.5	$	(73.3	)	$	1,049.2
Patents	2.0		(0.7		)	1.3		2.0		(0.6		)	1.4
Brands ^{(1) (3)}	14.5		(5.8		)	8.7		15.7		(6.2		)	9.5
Purchased and licensed technologies	61.9		(31.4		)	30.5		57.3		(28.9		)	28.4
Other intangibles	2.9		(2.0		)	0.9		2.9		(2.0		)	0.9
	$	1,237.6	$	(156.2	)	$	1,081.4	$	1,200.4	$	(111.0	)	$	1,089.4



Intangible assets not subject to amortization (indefinite-lived)
Crop Protection Brands ⁽²⁾	$	1,259.1				$	1,259.1	$	1,136.1				$	1,136.1
Brands ^{(1) (3)}	398.7					398.7		405.6					405.6
In-process research & development	0.7					0.7		0.7					0.7
	$	1,658.5				$	1,658.5	$	1,542.4				$	1,542.4
Total intangible assets	$	2,896.1	$	(156.2	)	$	2,739.9	$	2,742.8	$	(111.0	)	$	2,631.8

____________________


(1)	Represents trademarks, trade names and know-how.


(2)	Represents the proprietary brand portfolios, consisting of trademarks, trade names and know-how, acquired from the DuPont Crop Protection Business Acquisition.


(3)	The majority of the Brands relate to our proprietary brand portfolios acquired from the Cheminova acquisition.

At September 30, 2018, the finite-lived and indefinite-lived intangibles were allocated among our business segments as follows:



(in Millions)	Finite-lived		Indefinite-lived
FMC Agricultural Solutions	$	1,080.5	$	1,658.5
FMC Lithium	0.9		—
Total	$	1,081.4	$	1,658.5



	Three Months Ended September 30,				Nine Months Ended September 30,
(in Millions)	2018		2017		2018		2017
Amortization expense	$	15.9	$	5.6	$	47.0	$	15.9

The full year estimated pre-tax amortization expense for the year ended December 31, 2018 and each of the succeeding five years is approximately $63 million.