Tax amount

  
The following table sets forth the details of the Company's redeemable non-controlling interests:

|  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |
| (DOLLARS IN MILLIONS) |  | Redeemable Noncontrolling Interests |
| Balance at December 31, 2018 |  | $ | 82  |  |
| Acquired through acquisitions during 2019 |  | 24  |  |
|  |  |  |
| Share of profit or loss attributable to redeemable noncontrolling interests |  | 1  |  |
| Redemption value adjustment for the current period |  | 2  |  |
| Measurement period adjustments |  | 5  |  |
|  |  |  |
| Dividends paid |  | (1) |  |
| Exercises of redeemable noncontrolling interests |  | (14) |  |
| Balance at December 31, 2019 |  | $ | 99  |  |
|  |  |  |
| Impact of foreign exchange translation |  | 13  |  |
| Share of profit or loss attributable to redeemable noncontrolling interests |  | 3  |  |
| Redemption value adjustment for the current period |  | (2) |  |
| Measurement period adjustments |  | (1) |  |
|  |  |  |
| Dividends paid |  | (2) |  |
| Exercises of redeemable noncontrolling interests |  | (12) |  |
| Balance at December 31, 2020 |  | $ | 98  |  |
|  |  |  |
| Impact of foreign exchange translation |  | 1  |  |
| Share of profit or loss attributable to redeemable noncontrolling interests |  | 6  |  |
| Redemption value adjustment for the current period |  | 2  |  |
|  |  |  |
| Dividends paid |  | (2) |  |
|  |  |  |
| Balance at December 31, 2021 |  | $ | 105  |  |

For 2019, the increase in redeemable non-controlling interests was primarily due to the interests acquired through acquisitions during the first quarter of 2019.For 2020, the increase in redeemable non-controlling interests was primarily due to the impact of foreign exchange translation offset by the exercise of options. In addition, during 2020, the Company paid $14 million related to the purchase of certain non-controlling interests where the option related to the purchase had been exercised in the fourth quarter of 2019.For 2021, the increase in redeemable non-controlling interests was primarily due to profits attributable to redeemable non-controlling interests.  
NOTE 21. BUSINESS DIVESTITURESFruit PreparationDuring the second quarter of 2021, the Company entered into an agreement to divest its fruit preparation business, which is a part of the Nourish segment. The transaction closed on October 1, 2021, with the Company receiving cash proceeds of approximately $115 million in the third quarter of 2021, net of tax of approximately $12 million.  
NOTE 22. ASSETS HELD FOR SALEMicrobial ControlDuring the third quarter of 2021, the Company announced it had entered into an agreement to sell its Microbial Control business unit, which is a part of the Health & Biosciences segment. The Company acquired the Microbial Control business unit as part of the Merger with N&B.The Company classifies assets as "held for sale" when, among other factors, management approves and commits to a formal plan of sale with the expectation the sale will be completed within one year. Pursuant to ASC 360, assets held for sale were recorded at the lower of carrying value or the fair market value, less costs to sell. The sale does not constitute a strategic shift of the Company’s operations and does not, and will not, have major effects on the Company’s operations and financial results; therefore, the transaction does not meet the discontinued operations criteria. 107
