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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Asset Disclosure [Abstract] |
Schedule of Goodwill |
(In millions) |  | Crop Protection | Seed | Total
Balance as of December 31, 2021 |  | $ | 4,672 |  | $ | 5,435 |  | $ | 10,107 |
Currency translation adjustment |  | (63) |  | (72) |  | (135) |
Other goodwill adjustments 1 |  | 9 |  | (19) |  | (10) |
Balance as of December 31, 2022 |  | $ | 4,618 |  | $ | 5,344 |  | $ | 9,962 |
Acquisitions 2 |  | 512 |  | — |  | 512 |
Currency translation adjustment |  | 53 |  | 78 |  | 131 |
Balance as of December 31, 2023 |  | $ | 5,183 |  | $ | 5,422 |  | $ | 10,605 |
1.Consists primarily of the goodwill included in the sale of a business in the crop protection segment and reallocation of the former digital reporting unit goodwill between the seed and the crop protection segments. 2.On March 1, 2023, the company completed the acquisitions of Stoller and Symborg, which are included in the crop protection segment. See Note 4 – Business Combinations, to the Consolidated Financial Statements, for additional information.
Other Intangible Assets |
(In millions) | December 31, 2023 1 | December 31, 2022
| Gross | Accumulated Amortization | Net | Gross | Accumulated Amortization | Net
Intangible assets subject to amortization (finite-lived): |  |  |  |  |  |
Germplasm | $ | 6,291 |  | $ | (1,081) |  | $ | 5,210 |  | $ | 6,291 |  | $ | (826) |  | $ | 5,465 |
Customer-related | 2,427 |  | (734) |  | 1,693 |  | 1,912 |  | (585) |  | 1,327 |
Developed technology | 1,849 |  | (1,004) |  | 845 |  | 1,485 |  | (830) |  | 655 |
Trademarks/trade names | 2,111 |  | (339) |  | 1,772 |  | 2,009 |  | (251) |  | 1,758 |
Other 2 | 395 |  | (294) |  | 101 |  | 395 |  | (271) |  | 124 |
Total other intangible assets with finite lives | 13,073 |  | (3,452) |  | 9,621 |  | 12,092 |  | (2,763) |  | 9,329 |
Intangible assets not subject to amortization (indefinite-lived): |  |  |  |  |  |
IPR&D | 5 |  | — |  | 5 |  | 10 |  | — |  | 10 |
Total other intangible assets with indefinite lives | 5 |  | — |  | 5 |  | 10 |  | — |  | 10 |
Total other intangible assets | $ | 13,078 |  | $ | (3,452) |  | $ | 9,626 |  | $ | 12,102 |  | $ | (2,763) |  | $ | 9,339 |
1.Includes the intangible assets acquired in connection with the Stoller and Symborg acquisitions, which were completed on March 1, 2023. See Note 4 – Business Combinations, to the Consolidated Financial Statements, for additional information. 2.Primarily consists of sales and farmer networks, marketing and manufacturing alliances and noncompetition agreements.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
(In millions) |
2024 | $ | 683 |
2025 | 646 |
2026 | 636 |
2027 | 576 |
2028 | 554 |

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