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Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net (Notes)
3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
In the first quarter of 2021, in connection to the Merger, the Company reorganized its reporting structure. In connection with this reorganization, goodwill was reassigned among reporting units using a relative fair value approach based on the fair value of the elements transferred and the fair value of the elements remaining within the original reporting units. The Company tested goodwill for impairment on a pre-reorganization basis and determined there was no impairment for the affected reporting units. In connection with the reorganization, a portion of goodwill previously included in the Taste segment, now the Nourish segment, was moved to the Scent and Health & Biosciences segments amounting to $257 million and $728 million, respectively.

Movements in goodwill attributable to each reportable segment for the three months ended March 31, 2021 were as follows:
(DOLLARS IN MILLIONS)NourishHealth & BiosciencesScentPharma SolutionsTotal
Balance at December 31, 2020$4,859 $— $734 $— $5,593 
Acquisitions(1)
2,839 7,291 — 1,632 11,762 
Foreign exchange(110)(107)(12)(22)(251)
Reallocation(985)728 257 — — 
Balance at March 31, 2021$6,603 $7,912 $979 $1,610 $17,104 
_______________________ 
(1)Acquisitions relate to the Merger with N&B. The amount of goodwill, and allocation of goodwill among reporting units, from the Merger with the N&B Business is preliminary and may materially change in future periods as a result of purchase accounting being finalized. See Note 3 for additional information.
Other Intangible Assets
Other intangible assets, net consisted of the following amounts:
March 31,December 31,
(DOLLARS IN MILLIONS)20212020
Asset Type
Customer relationships$9,397 $2,728 
Trade names & patents453 187 
Technological know-how2,579 479 
Other30 38 
Total carrying value 12,459 3,432 
Accumulated Amortization
Customer relationships(500)(470)
Trade names & patents(126)(38)
Technological know-how(154)(168)
Other(27)(29)
Total accumulated amortization(807)(705)
Other intangible assets, net$11,652 $2,727 
 
Amortization
Amortization expense was $152 million and $48 million for the three months ended March 31, 2021 and 2020.
Amortization expense for the next five years is expected to be as follows:
(DOLLARS IN MILLIONS)20212022202320242025
Estimated future intangible amortization expense$608 $807 $807 $807 $805