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Other Intangible Assets | 9 Months Ended
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Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Other Intangible Assets | Other Intangible Assets The gross carrying amounts and accumulated amortization of other intangible assets by major class are as follows:
| Successor | Predecessor
| September 30, 2017 | December 31, 2016
| Gross | Accumulated Amortization | Net | Gross | Accumulated Amortization | Net
Intangible assets subject to amortization (Definite-lived): |  |  |  |  |  |  |  |  |  |  |  |
Customer-related | $ | 9,383 |  | $ | (45 | ) | $ | 9,338 |  | $ | 1,574 |  | $ | (586 | ) | $ | 988 |
Developed technology | 4,112 |  | (34 | ) | 4,078 |  | 1,410 |  | (838 | ) | 572 |
Trademarks/trade names | 1,071 |  | (6 | ) | 1,065 |  | 53 |  | (15 | ) | 38 |
Microbial cell factories 1 | 430 |  | (2 | ) | 428 |  |  |  |
Other 2 | 297 |  | (2 | ) | 295 |  | 171 |  | (82 | ) | 89 |
Total other intangible assets with finite lives | 15,293 |  | (89 | ) | 15,204 |  | 3,208 |  | (1,521 | ) | 1,687 |
Intangible assets not subject to amortization (Indefinite-lived): |  |  |  |  |  |  |  |  |  |  |  |
In-process research and development ("IPR&D") | 655 |  | — |  | 655 |  | 73 |  | — |  | 73 |
Microbial cell factories 1 |  |  |  | 306 |  | — |  | 306 |
Germplasm 3 | 6,773 |  | — |  | 6,773 |  | 1,053 |  | — |  | 1,053 |
Trademarks / trade names | 5,036 |  | — |  | 5,036 |  | 545 |  | — |  | 545 |
Total other intangible assets | 12,464 |  | — |  | 12,464 |  | 1,977 |  | — |  | 1,977 |
Total | $ | 27,757 |  | $ | (89 | ) | $ | 27,668 |  | $ | 5,185 |  | $ | (1,521 | ) | $ | 3,664 |
1. | Microbial cell factories, derived from natural microbes, are used to sustainably produce enzymes, peptides and chemicals using natural metabolic processes. The company recognized the microbial cell factories as intangible assets upon the acquisition of Danisco. As a result of the valuation as part of the merger, it was determined that this now has a definite life and therefore it has been moved from indefinite-lived to definite-lived as of September 1, 2017.
2. | Primarily consists of sales and grower networks, marketing and manufacturing alliances and noncompetition agreements.
3. | Pioneer germplasm is the pool of genetic source material and body of knowledge gained from the development and delivery stage of plant breeding. The company recognized germplasm as an intangible asset upon the acquisition of Pioneer. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.
In connection with the Merger, the company recorded $27,844 million of intangible assets, as shown in the table below, representing the preliminary fair values at the Merger date. See Note 3 for additional information regarding the Merger.
Intangible Assets | Gross Carrying Amount | Weighted-average Amortization Period (years)
(In millions)
Intangible assets with finite lives: |  |
Customer-related | $ | 9,434 |  | 18
Developed technology | 4,124 |  | 12
Trademarks/trade names | 1,073 |  | 12
Microbial cell factories | 430 |  | 23
Other | 294 |  | 15
Total other intangible assets with finite lives | $ | 15,355 |  |
Intangible assets with indefinite lives: |  |
IPR&D | $ | 655 |  |
Germplasm | 6,773 |  |
Trademarks/trade names | 5,061 |  |
Total intangible assets | $ | 27,844 |  |
The aggregate pre-tax amortization expense from continuing operations for definite-lived intangible assets was $89 million for the period September 1 through September 30, 2017, $31 million for the period July 1 through August 31, 2017, and $139 million for the period January 1 through August 31, 2017. The aggregate pre-tax amortization expense from continuing operations for definite-lived intangible assets was $46 million and $272 million for the three and nine months ended September 30, 2016. Total estimated amortization expense for the next five fiscal years is as follows:
(In millions) |
2017 | $ | 512 |
2018 | 1,096 |
2019 | 1,090 |
2020 | 1,080 |
2021 | 1,067 |
2022 | 1,060 |

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