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GOODWILL AND OTHER INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
The changes in the carrying amount of goodwill for the year ended December 31, 2021 are as follows by reporting segment:
PharmaBeauty +
Home		Food +
Beverage		Total
Balance as of December 31, 2019$413,650 $221,658 $128,153 $763,461 
Acquisition463 103,130 — 103,593 
Foreign currency exchange effects22,618 8,323 526 31,467 
Balance as of December 31, 2020$436,731 $333,111 $128,679 $898,521 
Acquisitions104,433 — — 104,433 
Foreign currency exchange effects(20,967)(7,392)(438)(28,797)
Balance as of December 31, 2021$520,197 $325,719 $128,241 $974,157 
We have completed the annual impairment analysis of our reporting units as of October 1, 2021 for each of our reporting units. Based on our review of macroeconomic, industry, and market events and circumstances as well as the overall financial performance of the reporting units, we determined that it was more likely than not that the fair value of these reporting units was greater than their carrying amounts. No impairment was recognized during the years ended December 31, 2021, 2020 or 2019.
The table below shows a summary of intangible assets for the years ended December 31, 2021 and 2020.
20212020
Weighted Average
Amortization Period
(Years)		Gross
Carrying
Amount		Accumulated
Amortization		Net
Value		Gross
Carrying
Amount		Accumulated
Amortization		Net
Value
Amortized intangible assets:
Patents13.9$2,767 $(1,528)$1,239 $2,861 $(1,477)$1,384 
Acquired technology11.5140,936 (45,613)95,323 111,854 (36,943)74,911 
Customer relationships13.3311,964 (77,512)234,452 286,644 (56,714)229,930 
Trademarks and trade names6.944,893 (22,886)22,007 46,174 (17,437)28,737 
License agreements and other38.916,179 (6,857)9,322 19,208 (9,861)9,347 
Total intangible assets13.1$516,739 $(154,396)$362,343 $466,741 $(122,432)$344,309 
Aggregate amortization expense for the intangible assets above for the years ended December 31, 2021, 2020 and 2019 was $41,072, $39,787 and $27,608, respectively.
Future estimated amortization expense for the years ending December 31 is as follows:
2022$43,967 
202343,900 
202440,761 
202539,308 
202636,976 
2027 and thereafter157,431 
Future amortization expense may fluctuate depending on changes in foreign currency rates. The estimates for amortization expense noted above are based upon foreign exchange rates as of December 31, 2021.