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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2025
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, 2024 | $ | 1,507.0 |
GSS divestiture allocation (See Note 1.) | (5.0) |
Foreign currency adjustments | 25.0 |
Balance, June 30, 2025 | $ | 1,527.0 |
Schedule of Finite-Lived Intangible Assets | Our intangible assets, other than goodwill, consist of the following:
| June 30, 2025 |  | December 31, 2024
(in Millions) | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Intangible assets subject to amortization (finite-lived)
Customer relationships | $ | 1,157.0 |  |  | $ | (506.8) |  |  | $ | 650.2 |  |  | $ | 1,117.5 |  |  | $ | (458.9) |  |  | $ | 658.6 |
Patents | 1.7 |  |  | (1.7) |  |  | — |  |  | 1.7 |  |  | (1.7) |  |  | — |
Brands (1) | 68.2 |  |  | (25.1) |  |  | 43.1 |  |  | 48.3 |  |  | (19.2) |  |  | 29.1 |
Purchased and licensed technologies | 137.3 |  |  | (54.0) |  |  | 83.3 |  |  | 125.5 |  |  | (48.2) |  |  | 77.3 |
Other intangibles | 2.3 |  |  | (1.8) |  |  | 0.5 |  |  | 2.3 |  |  | (1.8) |  |  | 0.5 |
| $ | 1,366.5 |  |  | $ | (589.4) |  |  | $ | 777.1 |  |  | $ | 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) | 370.9 |  |  |  |  | 370.9 |  |  | 325.6 |  |  |  |  | 325.6 |
In-process research & development | 12.1 |  |  |  |  | 12.1 |  |  | 10.6 |  |  |  |  | 10.6 |
| $ | 1,624.3 |  |  |  |  | $ | 1,624.3 |  |  | $ | 1,595.2 |  |  |  |  | $ | 1,595.2 |
Total intangible assets | $ | 2,990.8 |  |  | $ | (589.4) |  |  | $ | 2,401.4 |  |  | $ | 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.
Schedule of Indefinite-Lived Intangible Assets | Our intangible assets, other than goodwill, consist of the following:
| June 30, 2025 |  | December 31, 2024
(in Millions) | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Intangible assets subject to amortization (finite-lived)
Customer relationships | $ | 1,157.0 |  |  | $ | (506.8) |  |  | $ | 650.2 |  |  | $ | 1,117.5 |  |  | $ | (458.9) |  |  | $ | 658.6 |
Patents | 1.7 |  |  | (1.7) |  |  | — |  |  | 1.7 |  |  | (1.7) |  |  | — |
Brands (1) | 68.2 |  |  | (25.1) |  |  | 43.1 |  |  | 48.3 |  |  | (19.2) |  |  | 29.1 |
Purchased and licensed technologies | 137.3 |  |  | (54.0) |  |  | 83.3 |  |  | 125.5 |  |  | (48.2) |  |  | 77.3 |
Other intangibles | 2.3 |  |  | (1.8) |  |  | 0.5 |  |  | 2.3 |  |  | (1.8) |  |  | 0.5 |
| $ | 1,366.5 |  |  | $ | (589.4) |  |  | $ | 777.1 |  |  | $ | 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) | 370.9 |  |  |  |  | 370.9 |  |  | 325.6 |  |  |  |  | 325.6 |
In-process research & development | 12.1 |  |  |  |  | 12.1 |  |  | 10.6 |  |  |  |  | 10.6 |
| $ | 1,624.3 |  |  |  |  | $ | 1,624.3 |  |  | $ | 1,595.2 |  |  |  |  | $ | 1,595.2 |
Total intangible assets | $ | 2,990.8 |  |  | $ | (589.4) |  |  | $ | 2,401.4 |  |  | $ | 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.
Schedule of Finite-Lived Intangible Assets Amortization Expense |
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in Millions) | 2025 |  | 2024 |  | 2025 |  | 2024
Amortization expense | $ | 18.2 |  |  | $ | 16.4 |  |  | $ | 36.4 |  |  | $ | 32.8 |

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