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Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The changes in the carrying amount of goodwill are presented in the table below:
(in Millions)Total
Balance, December 31, 2024$1,507.0 
Foreign currency adjustments
8.1 
Balance, March 31, 2025$1,515.1 
There were no events or circumstances indicating that goodwill should be evaluated for impairment as of March 31, 2025.
Our intangible assets, other than goodwill, consist of the following:
March 31, 2025December 31, 2024
(in Millions)GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
Intangible assets subject to amortization (finite-lived)
Customer relationships$1,130.1 $(479.1)$651.0 $1,117.5 $(458.9)$658.6 
Patents1.7 (1.7)— 1.7 (1.7)— 
Brands (1)
66.7 (21.8)44.9 48.3 (19.2)29.1 
Purchased and licensed technologies129.3 (50.7)78.6 125.5 (48.2)77.3 
Other intangibles2.3 (1.8)0.5 2.3 (1.8)0.5 
$1,330.1 $(555.1)$775.0 $1,295.3 $(529.8)$765.5 
Intangible assets not subject to amortization (indefinite-lived)
Crop Protection Brands (2)
$1,241.3 $1,241.3 $1,259.0 $1,259.0 
Brands (1)
339.2 339.2 325.6 325.6 
In-process research & development11.1 11.1 10.6 10.6 
$1,591.6 $1,591.6 $1,595.2 $1,595.2 
Total intangible assets$2,921.7 $(555.1)$2,366.6 $2,890.5 $(529.8)$2,360.7 
____________________ 
(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.

Three Months Ended March 31,
(in Millions)20252024
Amortization expense$18.2 $16.4 
The full year estimated pre-tax amortization expense for the year ended December 31, 2025 and each of the succeeding five years is approximately $71.0 million, $72.8 million, $72.5 million, $73.0 million, $71.3 million, and $67.3 million, respectively.