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Goodwill and Other Intangible Assets, Net (Tables)
 3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Movements in Goodwill
Movements in goodwill during 2020 were as follows:
(DOLLARS IN THOUSANDS)
Goodwill
Balance at December 31, 2019
$
5,497,596

Measurement period adjustments(1)
(15,283
)
Foreign exchange
(214,754
)
Balance at March 31, 2020
$
5,267,559


_______________________ 
(1)
Measurement period adjustments relate to adjustments recorded in connection with completing the purchase price allocation related to the 2019 Acquisition Activity. See Note 3 for details.
As a result of the movements, Goodwill was reallocated between reporting units as follows:
(DOLLARS IN THOUSANDS)
Increase (decrease) to Goodwill
Cosmetic active ingredients
$
110,788

Natural Product Solutions
(78,945
)
Fine Ingredients
(29,221
)
Taste
(2,622
)
Total
$
—

See Note 11 for further information on the reorganization.
Schedule of Other Intangible Assets, Net
Other intangible assets, net consisted of the following amounts: 
 
March 31,
 
December 31,
(DOLLARS IN THOUSANDS)
2020
 
2019
Asset Type
 
 
 
Customer relationships
$
2,561,536

 
$
2,653,446

Trade names & patents
174,134

 
178,968

Technological know-how
455,226

 
468,256

Other
22,410

 
40,362

Total carrying value
3,213,306

 
3,341,032

Accumulated Amortization
 
 
 
Customer relationships
(348,509
)
 
(302,047
)
Trade names & patents
(30,595
)
 
(27,213
)
Technological know-how
(137,162
)
 
(135,269
)
Other
(19,594
)
 
(24,568
)
Total accumulated amortization
(535,860
)
 
(489,097
)
Other intangible assets, net
$
2,677,446

 
$
2,851,935
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Amortization expense for the next five years is expected to be as follows:
(DOLLARS IN THOUSANDS)
2020
 
2021
 
2022
 
2023
 
2024
Estimated future intangible amortization expense
$
135,577

 
$
178,000

 
$
174,245

 
$
174,135

 
$
174,135