Goodwill and Other Intangible Assets, Net (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Movements in Goodwill

Movements in goodwill attributable to each reportable segment for the three months ended March 31, 2023 were as follows:

(DOLLARS IN MILLIONS)	Nourish		Health & Biosciences		Scent		Pharma Solutions		Total
Balance at December 31, 2022	$	6,050	$	4,321	$	1,745	$	1,239	$	13,355
Transferred to assets held for sale	(4)		—		—		—		(4)
Foreign exchange	50		32		11		14		107
Balance at March 31, 2023	$	6,096	$	4,353	$	1,756	$	1,253	$	13,458

Schedule of Other Intangible Assets, Net

Other intangible assets, net consisted of the following amounts:

	March 31,		December 31,
(DOLLARS IN MILLIONS)	2023		2022
Asset Type
Customer relationships	$	8,367	$	8,318
Technological know-how	2,356		2,339
Trade names & patents	360		358
Other	49		47
Total carrying value	11,132		11,062
Accumulated Amortization
Customer relationships	(1,366)		(1,252)
Technological know-how	(648)		(589)
Trade names & patents	(106)		(97)
Other	(44)		(42)
Total accumulated amortization	(2,164)		(1,980)
Other intangible assets, net	$	8,968	$	9,082

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)	2023		2024		2025		2026		2027
Estimated future intangible amortization expense	$	527	$	702	$	699	$	697	$	598