INTERNATIONAL FLAVORS & FRAGRANCES INC | 2013 | FY | 3

GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill by segment is as follows:
 
(DOLLARS IN THOUSANDS)
 
December 31, 2013 and 2012
Flavors
 
$
319,479

Fragrances
 
346,103

Total
 
$
665,582


Trademark and other intangible assets consist of the following amounts:
 
 
December 31,
(DOLLARS IN THOUSANDS)
2013
 
2012
Gross carrying value(1)
$
165,406

 
$
165,406

Accumulated amortization
(134,791
)
 
(128,718
)
Total
$
30,615

 
$
36,688


_______________________
(1)
Includes patents, trademarks and other intellectual property, valued at acquisition.
Amortization expense for the years ended December 31, 2013, 2012 and 2011 was $6.1 million. Estimated annual amortization is $4.7 million for years 2014 through 2017 and $4.6 million for 2018.

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