Goodwill and Other Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Movements in Goodwill

Movements in goodwill attributable to each reportable segment for the nine months ended September 30, 2022 were as follows:

(DOLLARS IN MILLIONS)	Nourish		Health & Biosciences		Scent		Pharma Solutions		Total
Balance at December 31, 2021	$	6,555	$	6,749	$	1,828	$	1,282	$	16,414
Acquisitions	—		45		—		—		45
Impairment	—		(2,250)		—		—		(2,250)
Foreign exchange	(386)		(340)		(84)		(94)		(904)
Balance at September 30, 2022	$	6,169	$	4,204	$	1,744	$	1,188	$	13,305

Schedule of Other Intangible Assets, Net

Other intangible assets, net consisted of the following amounts:

	September 30,		December 31,
(DOLLARS IN MILLIONS)	2022		2021
Asset Type
Customer relationships	$	8,512	$	8,935
Technological know-how	2,359		2,494
Trade names & patents	384		411
Other	48		50
Total carrying value	11,303		11,890
Accumulated Amortization
Customer relationships	(1,227)		(887)
Technological know-how	(546)		(388)
Trade names & patents	(94)		(68)
Other	(50)		(41)
Total accumulated amortization	(1,917)		(1,384)
Other intangible assets, net	$	9,386	$	10,506

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Amortization expense for the next five years is expected to be as follows:

(DOLLARS IN MILLIONS)	2022		2023		2024		2025		2026
Estimated future intangible amortization expense	$	184	$	737	$	736	$	734	$	731