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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in goodwill
The changes in the carrying amount of goodwill are presented in the table below:
(in Millions)Total
Balance, December 31, 2022$1,589.3 
Foreign currency adjustments
(4.6)
Balance, September 30, 2023$1,584.7 
Schedule of finite-lived intangible assets
Our intangible assets, other than goodwill, consist of the following:
September 30, 2023December 31, 2022
(in Millions)GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
Intangible assets subject to amortization (finite-lived)
Customer relationships$1,123.7 $(393.8)$729.9 $1,127.9 $(351.3)$776.6 
Patents1.8 (1.5)0.3 1.7 (1.4)0.3 
Brands (1)
48.6 (11.9)36.7 16.1 (10.6)5.5 
Purchased and licensed technologies127.2 (45.0)82.2 128.4 (42.9)85.5 
Other intangibles2.3 (1.8)0.5 1.8 (1.7)0.1 
$1,303.6 $(454.0)$849.6 $1,275.9 $(407.9)$868.0 
Intangible assets not subject to amortization (indefinite-lived)
Crop Protection Brands (2)
$1,259.0 $1,259.0 $1,259.0 $1,259.0 
Brands (1)
333.7 333.7 370.1 370.1 
In-process research & development10.8 10.8 11.0 11.0 
$1,603.5 $1,603.5 $1,640.1 $1,640.1 
Total intangible assets$2,907.1 $(454.0)$2,453.1 $2,916.0 $(407.9)$2,508.1 
____________________ 
(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:
September 30, 2023December 31, 2022
(in Millions)GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
Intangible assets subject to amortization (finite-lived)
Customer relationships$1,123.7 $(393.8)$729.9 $1,127.9 $(351.3)$776.6 
Patents1.8 (1.5)0.3 1.7 (1.4)0.3 
Brands (1)
48.6 (11.9)36.7 16.1 (10.6)5.5 
Purchased and licensed technologies127.2 (45.0)82.2 128.4 (42.9)85.5 
Other intangibles2.3 (1.8)0.5 1.8 (1.7)0.1 
$1,303.6 $(454.0)$849.6 $1,275.9 $(407.9)$868.0 
Intangible assets not subject to amortization (indefinite-lived)
Crop Protection Brands (2)
$1,259.0 $1,259.0 $1,259.0 $1,259.0 
Brands (1)
333.7 333.7 370.1 370.1 
In-process research & development10.8 10.8 11.0 11.0 
$1,603.5 $1,603.5 $1,640.1 $1,640.1 
Total intangible assets$2,907.1 $(454.0)$2,453.1 $2,916.0 $(407.9)$2,508.1 
____________________ 
(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 September 30,Nine Months Ended September 30,
(in Millions)2023202220232022
Amortization expense$16.2 $15.0 $48.3 $45.7