Other Intangible Assets and Goodwill

6 Months Ended

Apr. 02, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Other Intangible Assets and Goodwill

Indefinite-Lived Intangible Assets

(in millions)	Apr 2, 2023		Oct 2, 2022
Trade names, trademarks and patents	$	79.7	$	97.5

Finite-Lived Intangible Assets

	Apr 2, 2023						Oct 2, 2022
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Acquired and reacquired rights	$	1,025.9	$	(1,025.9)	$	—	$	990.0	$	(990.0)	$	—
Acquired trade secrets and processes	27.6		(27.6)		—		27.6		(27.3)		0.3
Trade names, trademarks and patents	130.9		(82.6)		48.3		124.6		(69.6)		55.0
Licensing agreements	18.4		(15.6)		2.8		19.3		(16.2)		3.1
Other finite-lived intangible assets	21.3		(21.3)		—		20.6		(20.6)		—
Total finite-lived intangible assets	$	1,224.1	$	(1,173.0)	$	51.1	$	1,182.1	$	(1,123.7)	$	58.4

Amortization expense for finite-lived intangible assets was $5.3 million and $10.9 million for the quarter and two quarters ended April 2, 2023, respectively and $49.2 million and $99.4 million for the quarter and two quarters ended April 3, 2022, respectively.

Estimated future amortization expense as of April 2, 2023 (in millions):

Fiscal Year	Total
2023 (excluding the two quarters ended April 2, 2023)	$	10.3
2024	20.5
2025	14.5
2026	1.8
2027	1.5
Thereafter	2.5
Total estimated future amortization expense	$	51.1

Goodwill

Changes in the carrying amount of goodwill by reportable operating segment (in millions):

	North America		International		Channel Development		Corporate and Other		Total
Goodwill balance at October 2, 2022	$	491.1	$	2,756.7	$	34.7	$	1.0	$	3,283.5
Other(1)	0.3		128.5		—		—		128.8
Goodwill balance at April 2, 2023	$	491.4	$	2,885.2	$	34.7	$	1.0	$	3,412.3

(1)“Other” consists of changes in the goodwill balance resulting from foreign currency translation.