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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill by business segment | The changes in the carrying amount of goodwill are presented in the table below:
(in Millions) |  |  |  |  |  |  | Total
Balance, December 31, 2019 |  |  |  |  |  |  | $ | 1,467.5 |
Foreign currency and other adjustments |  |  |  |  |  |  | (6.8) |
Balance, June 30, 2020 |  |  |  |  |  |  | $ | 1,460.7 |
Schedule of finite-lived intangible assets | Our intangible assets, other than goodwill, consist of the following:
| June 30, 2020 |  |  |  |  |  | December 31, 2019 |  |  |  |
(in Millions) | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Intangible assets subject to amortization (finite-lived) |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 1,141.3 |  |  | $ | (212.9) |  |  | $ | 928.4 |  |  | $ | 1,139.7 |  |  | $ | (184.7) |  |  | $ | 955.0 |
Patents | 1.7 |  |  | (1.0) |  |  | 0.7 |  |  | 1.7 |  |  | (0.9) |  |  | 0.8 |
Brands (1) | 16.8 |  |  | (7.7) |  |  | 9.1 |  |  | 16.7 |  |  | (6.7) |  |  | 10.0 |
Purchased and licensed technologies | 60.4 |  |  | (36.2) |  |  | 24.2 |  |  | 60.2 |  |  | (35.2) |  |  | 25.0 |
Other intangibles | 3.1 |  |  | (2.6) |  |  | 0.5 |  |  | 1.9 |  |  | (1.8) |  |  | 0.1 |
| $ | 1,223.3 |  |  | $ | (260.4) |  |  | $ | 962.9 |  |  | $ | 1,220.2 |  |  | $ | (229.3) |  |  | $ | 990.9 |
Intangible assets not subject to amortization (indefinite-lived) |  |  |  |  |  |  |  |  |  |  |
Crop Protection Brands (2) | $ | 1,259.1 |  |  |  |  | $ | 1,259.1 |  |  | $ | 1,259.1 |  |  |  |  | $ | 1,259.1 |
Brands (1) | 381.9 |  |  |  |  | 381.9 |  |  | 379.0 |  |  |  |  | 379.0 |
| $ | 1,641.0 |  |  |  |  | $ | 1,641.0 |  |  | $ | 1,638.1 |  |  |  |  | $ | 1,638.1 |
Total intangible assets | $ | 2,864.3 |  |  | $ | (260.4) |  |  | $ | 2,603.9 |  |  | $ | 2,858.3 |  |  | $ | (229.3) |  |  | $ | 2,629.0 |
____________________ (1) Represents trademarks, trade names and know-how. (2) Represents proprietary brand portfolios, consisting of trademarks, trade names and know-how, of our crop protection brands.
Schedule of indefinite-lived intangible assets | Our intangible assets, other than goodwill, consist of the following:
| June 30, 2020 |  |  |  |  |  | December 31, 2019 |  |  |  |
(in Millions) | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Intangible assets subject to amortization (finite-lived) |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 1,141.3 |  |  | $ | (212.9) |  |  | $ | 928.4 |  |  | $ | 1,139.7 |  |  | $ | (184.7) |  |  | $ | 955.0 |
Patents | 1.7 |  |  | (1.0) |  |  | 0.7 |  |  | 1.7 |  |  | (0.9) |  |  | 0.8 |
Brands (1) | 16.8 |  |  | (7.7) |  |  | 9.1 |  |  | 16.7 |  |  | (6.7) |  |  | 10.0 |
Purchased and licensed technologies | 60.4 |  |  | (36.2) |  |  | 24.2 |  |  | 60.2 |  |  | (35.2) |  |  | 25.0 |
Other intangibles | 3.1 |  |  | (2.6) |  |  | 0.5 |  |  | 1.9 |  |  | (1.8) |  |  | 0.1 |
| $ | 1,223.3 |  |  | $ | (260.4) |  |  | $ | 962.9 |  |  | $ | 1,220.2 |  |  | $ | (229.3) |  |  | $ | 990.9 |
Intangible assets not subject to amortization (indefinite-lived) |  |  |  |  |  |  |  |  |  |  |
Crop Protection Brands (2) | $ | 1,259.1 |  |  |  |  | $ | 1,259.1 |  |  | $ | 1,259.1 |  |  |  |  | $ | 1,259.1 |
Brands (1) | 381.9 |  |  |  |  | 381.9 |  |  | 379.0 |  |  |  |  | 379.0 |
| $ | 1,641.0 |  |  |  |  | $ | 1,641.0 |  |  | $ | 1,638.1 |  |  |  |  | $ | 1,638.1 |
Total intangible assets | $ | 2,864.3 |  |  | $ | (260.4) |  |  | $ | 2,603.9 |  |  | $ | 2,858.3 |  |  | $ | (229.3) |  |  | $ | 2,629.0 |
____________________ (1) Represents trademarks, trade names and know-how. (2) Represents proprietary brand portfolios, consisting of trademarks, trade names and know-how, of our crop protection brands.
Schedule of finite-lived intangible assets amortization expense |
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
(in Millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Amortization expense | $ | 15.3 |  |  | $ | 15.5 |  |  | $ | 30.6 |  |  | $ | 31.1 |

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