Schedule Of Goodwill Activity |
The following table reflects goodwill activity for fiscal 2018 and 2017: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | in millions | | | Beef |
| | Pork |
| | Chicken |
| | Prepared Foods |
| | Other(a) |
| | Unallocated |
| | Consolidated |
| Balance at October 1, 2016 | | | | | | | | | | | | | | Goodwill | $ | 1,236 |
| | $ | 423 |
| | $ | 1,565 |
| | $ | 4,005 |
| | $ | 57 |
| | $ | — |
| | $ | 7,286 |
| Accumulated impairment losses | (560 | ) | | — |
| | — |
| | — |
| | (57 | ) | | — |
| | (617 | ) | | $ | 676 |
| | $ | 423 |
| | $ | 1,565 |
| | $ | 4,005 |
| | $ | — |
| | $ | — |
| | $ | 6,669 |
| | | | | | | | | | | | | | | Fiscal 2017 Activity: |
| |
| |
| |
| |
| |
| |
| Acquisition | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 2,982 |
| | $ | 2,982 |
| Reclass to assets held for sale | — |
| | — |
| | — |
| | (327 | ) | | — |
| | — |
| | (327 | ) | Balance at September 30, 2017 | | | | | | | | | | | | | | Goodwill | 1,236 |
| — |
| 423 |
| — |
| 1,565 |
| — |
| 3,678 |
| — |
| 57 |
| — |
| 2,982 |
| — |
| 9,941 |
| Accumulated impairment losses | (560 | ) | | — |
| | — |
| | — |
| | (57 | ) | | — |
| | (617 | ) | | $ | 676 |
| | $ | 423 |
| | $ | 1,565 |
| | $ | 3,678 |
| | $ | — |
| | $ | 2,982 |
| | $ | 9,324 |
| | | | | | | | | | | | | | | Fiscal 2018 Activity: | | | | | | | | | | | | | | Acquisition | $ | — |
| | $ | — |
| | $ | 365 |
| | $ | 82 |
| | $ | — |
| | $ | — |
| | $ | 447 |
| Measurement period adjustments | — |
| | — |
| | — |
| | — |
| | — |
| | (2 | ) | | (2 | ) | Allocation of acquired goodwill | — |
| | — |
| | 568 |
| | 2,412 |
| | — |
| | (2,980 | ) | | — |
| Reclass to assets held for sale | — |
| | — |
| | — |
| | (30 | ) | | — |
| | — |
| | (30 | ) | Balance at September 29, 2018 | | | | | | | | | | | | | | Goodwill | 1,236 |
| — |
| 423 |
| — |
| 2,498 |
| — |
| 6,142 |
| — |
| 57 |
| — |
| — |
| — |
| 10,356 |
| Accumulated impairment losses | (560 | ) | | — |
| | — |
| | — |
| | (57 | ) | | — |
| | (617 | ) |
| $ | 676 |
| | $ | 423 |
| | $ | 2,498 |
| | $ | 6,142 |
| | $ | — |
| | $ | — |
| | $ | 9,739 |
|
(a) Other included the goodwill from our foreign chicken operation.
|
Schedule Of Other Intangible Assets By Type |
The following table reflects intangible assets by type at September 29, 2018, and September 30, 2017: | | | | | | | | | in millions | | | 2018 |
| | 2017 |
| Amortizable intangible assets: | | | | Brands and trademarks | $ | 950 |
| | $ | 738 |
| Customer relationships | 1,793 |
| | 1,639 |
| Supply Arrangements | 358 |
|
| — |
| Patents, intellectual property and other | 107 |
| | 114 |
| Land use rights | 9 |
| | 9 |
| Total gross amortizable intangible assets | $ | 3,217 |
| | $ | 2,500 |
| Less accumulated amortization | 536 |
| | 335 |
| Total net amortizable intangible assets | $ | 2,681 |
| | $ | 2,165 |
| Brands and trademarks not subject to amortization | 4,078 |
| | 4,078 |
| Total intangible assets | $ | 6,759 |
| | $ | 6,243 |
|
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