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Goodwill and Intangible Assets (Tables)
12 Months Ended
Oct. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in the carrying amount of goodwill The changes in the carrying amount of goodwill for the fiscal years ended October 29, 2023 and October 30, 2022, are:
In thousandsGrocery
Products
Refrigerated
Foods
Jennie-O
Turkey Store
RetailFoodserviceInternationalTotal
Balance at October 31, 2021
$2,398,354 $2,094,421 $176,628 $— $— $259,699 $4,929,102 
Foreign Currency Translation— — — — — (3,273)(3,273)
Balance at October 30, 2022
$2,398,354 $2,094,421 $176,628 $— $— $256,427 $4,925,829 
Goodwill Reallocation(2,398,354)(2,094,421)(176,628)2,916,796 1,750,594 2,013  
Foreign Currency Translation     2,635 2,635 
Balance at October 29, 2023
$ $ $ $2,916,796 $1,750,594 $261,074 $4,928,464 
Schedule of carrying amounts for indefinite-lived intangible assets The carrying amounts for indefinite-lived intangible assets are:
October 29,October 30,
In thousands20232022
Brands/Trade Names/Trademarks
$1,636,807 $1,665,190 
Other Intangibles184 184 
Foreign Currency Translation(5,893)(6,599)
Total$1,631,098 $1,658,775 
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:
October 29, 2023October 30, 2022
GrossGross
CarryingAccumulatedCarryingAccumulated
In thousandsAmountAmortizationAmountAmortization
Customer Lists/Relationships$168,239 $(82,658)$168,239 $(69,779)
Other Intangibles59,241 (15,857)59,241 (11,606)
Trade Names/Trademarks6,540 (5,089)10,536 (7,828)
Foreign Currency Translation (4,344)— (4,551)
Total$234,020 $(107,947)$238,016 $(93,764)
Schedule of amortization expense on intangible assets
Amortization expense on intangible assets for the last three fiscal years was:
In thousands 
2023$18,386 
202219,274 
202117,518 
Schedule of estimated annual amortization expense on intangible assets
Estimated annual amortization expense on intangible assets for the five fiscal years after October 29, 2023, is as follows:
In thousands 
2024$16,381 
202514,681 
202614,210 
202713,940 
202813,009