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Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2020 are presented in the table below:

(in Millions)															Total
Balance, December 31, 2019															$	1,467.5
Foreign currency and other adjustments															1.4
Balance, December 31, 2020															$	1,468.9
Foreign currency and other adjustments															(5.6)
Balance, December 31, 2021															$	1,463.3

Schedule of Finite-Lived Intangible Assets

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

						December 31, 2021																		December 31, 2020
(in Millions)			Weighted avg. useful life remaining at December 31, 2021			Gross						Accumulated Amortization						Net						Gross						Accumulated Amortization						Net
Intangible assets subject to amortization (finite life)
Customer relationships			15 years			$	1,147.1					$	(301.3)					$	845.8					$	1,169.4					$	(249.7)					$	919.7
Patents			5 years			1.8						(1.3)						0.5						1.9						(1.2)						0.7
Brands (1)			7 years			17.1						(9.9)						7.2						18.3						(8.9)						9.4
Purchased and licensed technologies			8 years			60.2						(40.7)						19.5						61.1						(38.1)						23.0
Other intangibles			1 year			2.3						(1.7)						0.6						3.4						(2.6)						0.8
						$	1,228.5					$	(354.9)					$	873.6					$	1,254.1					$	(300.5)					$	953.6

Intangible assets not subject to amortization (indefinite life)
Crop Protection Brands (2)						$	1,259.1											$	1,259.1					$	1,259.1											$	1,259.1
Brands (1)						389.2												389.2						412.5												412.5
						$	1,648.3											$	1,648.3					$	1,671.6											$	1,671.6
Total intangible assets						$	2,876.8					$	(354.9)					$	2,521.9					$	2,925.7					$	(300.5)					$	2,625.2

____________________ 

(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

Intangible assets not subject to amortization (indefinite life)
Crop Protection Brands (2)						$	1,259.1											$	1,259.1					$	1,259.1											$	1,259.1
Brands (1)						389.2												389.2						412.5												412.5
						$	1,648.3											$	1,648.3					$	1,671.6											$	1,671.6
Total intangible assets						$	2,876.8					$	(354.9)					$	2,521.9					$	2,925.7					$	(300.5)					$	2,625.2

____________________ 

(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 Amortization Expense

			Year Ended December 31,
(in Millions)			2021						2020						2019
Amortization expense			$	62.7					$	61.9					$	62.6

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
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