v3.26.1
Goodwill and Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of goodwill
The changes in the carrying amount of goodwill by business segment were as follows:
(In millions)Protein SolutionsPrepared Food and Beverage SolutionsTotal
Balance as of December 31, 2025$2,306 $1,122 $3,428 
Currency translation(24)(11)(35)
Balance as of March 31, 2026$2,282 $1,111 $3,393 
Schedule of finite-lived intangible assets
Intangible assets consisted of the following:
March 31, 2026December 31, 2025
(In millions)Carrying AmountAccumulated AmortizationCarrying AmountAccumulated Amortization
Customer relationship$1,670 $309 $1,691 $285 
Patents and acquired technology580 171 590 165 
Trademarks308 37 313 34 
Non-amortizing intangible assets11 — 11 — 
Other11 11 11 10 
Total intangible assets$2,580 $528 $2,616 $494 

Intangible asset amortization expense was $39 million and $42 million for the three months ended March 31, 2026 and 2025, respectively.
Schedule of indefinite-lived intangible assets
Intangible assets consisted of the following:
March 31, 2026December 31, 2025
(In millions)Carrying AmountAccumulated AmortizationCarrying AmountAccumulated Amortization
Customer relationship$1,670 $309 $1,691 $285 
Patents and acquired technology580 171 590 165 
Trademarks308 37 313 34 
Non-amortizing intangible assets11 — 11 — 
Other11 11 11 10 
Total intangible assets$2,580 $528 $2,616 $494 

Intangible asset amortization expense was $39 million and $42 million for the three months ended March 31, 2026 and 2025, respectively.