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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Apr. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in the carrying amount of goodwill The changes in the carrying amounts of goodwill for the three and six months ended April 28, 2019, are presented in the table below. The reduction in goodwill for the quarter is due to the divestiture of CytoSport on April 15, 2019. Beginning balances have been reclassified to conform to the current year presentation between segments. See Note N - Segment Reporting and Note C - Acquisitions and Divestitures for additional information.
(in thousands)
Grocery
Products
 
Refrigerated
Foods
 
JOTS
 
International
& Other
 
Total
Balance at January 27, 2019
$
857,373

 
$
1,458,692

 
$
176,628

 
$
224,057

 
$
2,716,750

Goodwill sold
(225,072
)
 

 

 
(4,945
)
 
(230,017
)
Foreign currency translation

 

 

 
(98
)
 
(98
)
Balance at April 28, 2019
$
632,301

 
$
1,458,692

 
$
176,628

 
$
219,014

 
$
2,486,635


(in thousands)
Grocery
Products
 
Refrigerated
Foods
 
JOTS
 
International
& Other
 
Total
Reported balance at October 28, 2018
$
882,582

 
$
1,406,897

 
$
203,214

 
$
221,423

 
$
2,714,116

Segment reclassification
(25,209
)
 
51,795

 
(26,586
)
 

 

Adjusted balance at October 28, 2018
857,373

 
1,458,692

 
176,628

 
221,423

 
2,714,116

Goodwill sold
(225,072
)
 

 

 
(4,945
)
 
(230,017
)
Foreign currency translation

 

 

 
2,536

 
2,536

Balance at April 28, 2019
$
632,301

 
$
1,458,692

 
$
176,628

 
$
219,014

 
$
2,486,635


Schedule of carrying amounts for indefinite-lived intangible assets
The carrying amounts for indefinite-lived intangible assets are presented in the table below.
(in thousands)
April 28,
2019
 
October 28,
2018
Brands/tradenames/trademarks
$
959,400

 
$
1,108,122

Other intangibles
184

 
184

Foreign currency translation
(3,083
)
 
(3,484
)
Total
$
956,501

 
$
1,104,822


Schedule of gross carrying amount and accumulated amortization for definite-lived intangible assets
The gross carrying amount and accumulated amortization for definite-lived intangible assets are presented in the table below.
 
April 28, 2019
 
October 28, 2018
(in thousands)
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Customer lists/relationships
$
113,739

 
$
(32,088
)
 
$
137,039

 
$
(36,367
)
Other intangibles
6,957

 
(2,172
)
 
6,155

 
(1,547
)
Foreign currency translation

 
(2,545
)
 

 
(2,883
)
Total
$
120,696

 
$
(36,805
)
 
$
143,194

 
$
(40,797
)

Schedule of estimated annual amortization expense
Estimated annual amortization expense for the five fiscal years after October 28, 2018, is as follows:
(in millions)
 
2019
$11.7
2020
10.7
2021
10.7
2022
10.4
2023
9.5