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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets The changes in the carrying amount of goodwill for the years ended December 31, 2023 and 2022 are presented in the table below:
(in Millions) |  |  |  |  | Total
Balance, December 31, 2021 |  |  |  |  | $ | 1,463.3 |
Acquisitions (See Note 4) |  |  |  |  | 130.7 |
Foreign currency and other adjustments |  |  |  |  | (4.7) |
Balance, December 31, 2022 |  |  |  |  | $ | 1,589.3 |
Foreign currency and other adjustments |  |  |  |  | 4.3 |
Balance, December 31, 2023 |  |  |  |  | $ | 1,593.6 |
Our fiscal year 2023 annual goodwill and indefinite life impairment test was performed during the third quarter ended September 30, 2023. We determined no goodwill impairment existed and that the fair value was substantially in excess of the carrying value. Additionally, no indefinite-lived asset impairment existed and the estimated fair values also exceeded the carrying value for each of our indefinite-lived intangible assets. Our intangible assets, other than goodwill, consist of the following:
|  | December 31, 2023 |  | December 31, 2022
(in Millions) | Weighted avg. useful life remaining at December 31, 2023 | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Intangible assets subject to amortization (finite life) |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships | 13 years | $ | 1,136.7 |  |  | $ | (414.2) |  |  | $ | 722.5 |  |  | $ | 1,127.9 |  |  | $ | (351.3) |  |  | $ | 776.6 |
Patents | 4 years | 1.8 |  |  | (1.6) |  |  | 0.2 |  |  | 1.7 |  |  | (1.4) |  |  | 0.3 |
Brands (1) | 9 years | 49.3 |  |  | (12.9) |  |  | 36.4 |  |  | 16.1 |  |  | (10.6) |  |  | 5.5 |
Purchased and licensed technologies | 12 years | 131.1 |  |  | (46.2) |  |  | 84.9 |  |  | 128.4 |  |  | (42.9) |  |  | 85.5 |
Other intangibles | 8 years | 2.3 |  |  | (1.8) |  |  | 0.5 |  |  | 1.8 |  |  | (1.7) |  |  | 0.1 |
|  | $ | 1,321.2 |  |  | $ | (476.7) |  |  | $ | 844.5 |  |  | $ | 1,275.9 |  |  | $ | (407.9) |  |  | $ | 868.0 |
Intangible assets not subject to amortization (indefinite life) |  |  |  |  |  |  |  |  |  |  |  |
Crop Protection Brands (2) |  | $ | 1,259.0 |  |  |  |  | $ | 1,259.0 |  |  | $ | 1,259.0 |  |  |  |  | $ | 1,259.0 |
Brands (1) |  | 350.3 |  |  |  |  | 350.3 |  |  | 370.1 |  |  |  |  | 370.1 |
In-process research and development |  | 11.3 |  |  |  |  | 11.3 |  |  | 11.0 |  |  |  |  | 11.0 |
|  | $ | 1,620.6 |  |  |  |  | $ | 1,620.6 |  |  | $ | 1,640.1 |  |  |  |  | $ | 1,640.1 |
Total intangible assets | $ | 2,941.8 |  |  | $ | (476.7) |  |  | $ | 2,465.1 |  |  | $ | 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.
| Year Ended December 31,
(in Millions) | 2023 |  | 2022 |  | 2021
Amortization expense | $ | 64.3 |  |  | $ | 60.6 |  |  | $ | 62.7 |
The estimated pre-tax amortization expense for each of the five years ending December 31, 2024 to 2028 is $63.7 million, $67.9 million, $69.9 million, $69.5 million, and $69.8 million, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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