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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Asset Disclosure [Abstract]  
Schedule of Goodwill
(In millions)
 
Balance as of December 31, 2016 (Predecessor)
$
4,169

Currency Translation Adjustment
176

Other Goodwill Adjustments and Acquisitions
198

Balance as of August 31, 2017 (Predecessor)
$
4,543

 
 
Balance at September 1, 2017 (Successor)
$
45,105

Currency Translation Adjustment
(234
)
Goodwill Recognized for H&N Acquisition
718

Balance as of December 31, 2017 (Successor)
$
45,589

Currency Translation Adjustment
(806
)
Measurement Period Adjustments - Merger
392

Measurement Period Adjustments - H&N Business
14

Goodwill Impairment Loss
(4,503
)
Balance as of December 31, 2018 (Successor)
$
40,686

Other Intangible Assets
(In millions)
December 31, 2018
December 31, 2017
 
Gross
Accumulated
Amortization
Net
Gross
Accumulated
Amortization
Net
Intangible assets subject to amortization (Definite-lived):
 

 

 

 

 

 

Customer-related
$
9,325

$
(744
)
$
8,581

$
9,502

$
(186
)
$
9,316

Developed technology
4,506

(628
)
3,878

4,364

(144
)
4,220

Trademarks/trade names
1,084

(114
)
970

1,117

(26
)
1,091

Favorable supply contracts
475

(111
)
364

495

(17
)
478

Microbial cell factories
386

(22
)
364

397

(6
)
391

Other1
377

(32
)
345

459

(10
)
449

Total other intangible assets with finite lives
16,153

(1,651
)
14,502

16,334

(389
)
15,945

 
 
 
 
 
 
 
Intangible assets not subject to amortization (Indefinite-lived):
 

 

 

 

 

 

IPR&D2
545


545

660


660

Germplasm3
6,265


6,265

6,265


6,265

Trademarks / trade names
4,741


4,741

4,856


4,856

Total other intangible assets
11,551


11,551

11,781


11,781

Total
$
27,704

$
(1,651
)
$
26,053

$
28,115

$
(389
)
$
27,726

1. 
Primarily consists of sales and farmer networks, marketing and manufacturing alliances and noncompetition agreements.
2. 
Refer to discussion of impairment analysis above.
3. 
Germplasm is the pool of genetic source material and body of knowledge gained from the development and delivery stage of plant breeding. 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.
Schedule of Acquired Intangible Assets
Intangible Assets
Gross Carrying Amount
Weighted-average Amortization Period (years)
(Amounts in millions)
Intangible assets with finite lives:
 
 
  Customer-related
$
9,215

17
  Developed technology
4,239

12
  Trademarks/trade names
1,045

16
  Microbial cell factories
400

23
  Other
461

17
Total other intangible assets with finite lives
$
15,360

 
Intangible assets with indefinite lives:
 
 
  IPR&D
$
660

 
Germplasm
6,263

 
  Trademarks/trade names
4,788

 
Total intangible assets
$
27,071

 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
(In millions)
 
2019
$
1,228

2020
$
1,211

2021
$
1,199

2022
$
1,182

2023
$
1,078