Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]


(In millions)	June 30, 2021						December 31, 2020						June 30, 2020
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Intangible assets subject to amortization (Definite-lived):
Germplasm	$	6,265	$	(444)	$	5,821	$	6,265	$	(317)	$	5,948	$	6,265	$	(190)	$	6,075
Customer-related	1,966		(434)		1,532		1,984		(380)		1,604		1,961		(322)		1,639
Developed technology	1,485		(603)		882		1,451		(525)		926		1,463		(462)		1,001
Trademarks/trade names1	2,013		(132)		1,881		2,019		(99)		1,920		161		(85)		76
Favorable supply contracts	475		(349)		126		475		(302)		173		475		(255)		220
Other2	404		(243)		161		405		(239)		166		405		(227)		178
Total other intangible assets with finite lives	12,608		(2,205)		10,403		12,599		(1,862)		10,737		10,730		(1,541)		9,189

Intangible assets not subject to amortization (Indefinite-lived):
IPR&D	10		—		10		10		—		10		10		—		10
Trade name1													1,871		—		1,871

Total other intangible assets	10		—		10		10		—		10		1,881		—		1,881
Total	$	12,618	$	(2,205)	$	10,413	$	12,609	$	(1,862)	$	10,747	$	12,611	$	(1,541)	$	11,070

1.Beginning on October 1, 2020, the company changed its indefinite life assertion of its trade name asset to definite lived with a useful life of 25 years. This change is the result of the launch of BrevantTM seed in the retail channel in the U.S. Prior to changing the useful life of the trade name asset, the company tested the asset for the impairment under ASC 350- Intangibles, Goodwill and Other, concluding the asset was not impaired.

2.Primarily consists of sales and farmer networks, marketing and manufacturing alliances and noncompetition agreements.