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Goodwill and Other Intangible Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Operating Segment
Goodwill
Movements in goodwill attributable to each reportable segment during the years ended December 31, 2022 and 2023 were as follows:
(DOLLARS IN MILLIONS)NourishHealth & BiosciencesScentPharma SolutionsTotal
Balance at December 31, 2021$6,559 $6,763 $1,828 $1,282 $16,432 
Acquisitions(1)
— 45 — — 45 
Impairment— (2,250)— — (2,250)
Transferred to assets held for sale(2)
(306)— (42)— (348)
Foreign exchange(199)(223)(41)(43)(506)
Balance at December 31, 20226,054 4,335 1,745 1,239 13,373 
Impairment(2,623)— — — (2,623)
Transferred to assets held for sale(3)
— — (267)— (267)
Reduction from business divestiture(14)— — — (14)
Foreign exchange72 56 12 26 166 
Balance at December 31, 2023$3,489 $4,391 $1,490 $1,265 $10,635 
_______________________
(1)Related to the acquisition of Health Wright. See Note 3 for additional information.
(2)Related to the portion of the Savory Solutions business and FSI business that were classified as held for sale as of December 31, 2022. The Company completed the divestitures of the businesses on May 31, 2023 and August 1, 2023, respectively. See Note 4 and Note 21 for additional information.
(3)Related to the Cosmetic Ingredients business that was classified as held for sale as of December 31, 2023. See Note 21 for additional information.
Schedule of Other Intangible Assets
Other intangible assets, net consisted of the following amounts:
 December 31,
(DOLLARS IN MILLIONS)20232022
Asset Type
Customer relationships$8,211 $8,318 
Technological know-how2,355 2,339 
Trade names & patents337 358 
Other44 47 
Total carrying value 10,947 11,062 
Accumulated Amortization
Customer relationships(1,619)(1,252)
Technological know-how(813)(589)
Trade names & patents(117)(97)
Other(41)(42)
Total accumulated amortization(2,590)(1,980)
Other intangible assets, net$8,357 $9,082 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense Amortization expense for the next five years, based on valuations and determinations of useful lives, is expected to be as follows:
December 31,
(DOLLARS IN MILLIONS)20242025202620272028
Estimated future intangible amortization expense$678 $676 $674 $577 $558