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Goodwill And Intangible Assets
 12 Months Ended
Oct. 03, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Intangible Assets GOODWILL AND INTANGIBLE ASSETS
The following table reflects goodwill activity for fiscal 2020 and 2019 (in millions):
 
Beef

 
Pork

 
Chicken

 
Prepared
Foods

 
International/Other

 
Unallocated

 
Consolidated

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

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fiscal 2019 Activity:

 

 

 

 

 

 

Acquisition
$
—

 
$
—

 
$
779

 
$
—

 
$
342

 
$
—

 
$
1,121

Measurement period adjustments
—

 
—

 
66

 
—

 
—

 
—

 
66

Reclass to assets held for sale
—

 
—

 
(70
)
 
(7
)
 
—

 
—

 
(77
)
Currency translation and other
—

 
—

 
1

 
(1
)
 
(5
)
 
—

 
(5
)
Balance at September 28, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
1,236

 
423

 
3,274

 
6,134

 
394

 
—

 
11,461

Accumulated impairment losses
(560
)
 
—

 
—

 
—

 
(57
)
 
—

 
(617
)
 
$
676


$
423


$
3,274


$
6,134


$
337


$
—


$
10,844

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fiscal 2020 Activity:
 
 
 
 
 
 
 
 
 
 
 
 
 
Measurement period adjustments
$
—

 
$
—

 
$
—

 
$
—

 
$
46

 
$
—

 
$
46

Currency translation and other
—

 
—

 
—

 
—

 
9

 
—

 
9

Balance at October 03, 2020
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
1,236

 
423

 
3,274

 
6,134

 
449

 
—

 
11,516

Accumulated impairment losses
(560
)
 
—

 
—

 
—

 
(57
)
 
—

 
(617
)

$
676

 
$
423

 
$
3,274

 
$
6,134

 
$
392

 
$
—

 
$
10,899


The following table reflects intangible assets by type at October 3, 2020, and September 28, 2019 (in millions):
 
2020

 
2019

Amortizable intangible assets:
 
 
 
Brands and trademarks
$
951

 
$
945

Customer relationships
2,388

 
2,389

Supply Arrangements
310


310

Patents, intellectual property and other
44

 
34

Land use rights
8

 
8

  Total gross amortizable intangible assets
$
3,701

 
$
3,686

     Less accumulated amortization
1,005

 
727

  Total net amortizable intangible assets
$
2,696

 
$
2,959

Brands and trademarks not subject to amortization
4,078

 
4,078

  Total intangible assets
$
6,774

 
$
7,037


Amortization expense of $278 million, $267 million and $210 million was recognized during fiscal 2020, 2019 and 2018, respectively. We estimate amortization expense on intangible assets for the next five fiscal years subsequent to October 3, 2020, will be: 2021 - $261 million; 2022 - $247 million; 2023 - $228 million; 2024 - $223 million; 2025 - $214 million.