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Goodwill and Other Intangible Assets
 12 Months Ended
Apr. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Note 7: Goodwill and Other Intangible Assets
The following table summarizes the changes in our goodwill.
U.S. Retail
Coffee		U.S. Retail
Frozen Handheld and Spreads		U.S. Retail
Pet Foods		Sweet Baked SnacksInternational
and Away
From Home		Total
Balance at May 1, 2022$2,090.9 $1,147.5 $2,368.2 $— $409.2 $6,015.8 
Divestiture— — (788.0)— (2.3)(790.3)
Other (A)
— — — — (8.6)(8.6)
Balance at April 30, 2023$2,090.9 $1,147.5 $1,580.2 $— $398.3 $5,216.9 
Acquisition— — — 2,447.2 — 2,447.2 
Divestiture— (7.6)— — (3.9)(11.5)
Other (A)
— — — — (2.7)(2.7)
Balance at April 30, 2024 (B)
$2,090.9 $1,139.9 $1,580.2 $2,447.2 $391.7 $7,649.9 
(A)The amounts classified as other represent foreign currency translation adjustments.
(B)Included in goodwill as of April 30, 2024, are accumulated goodwill impairment charges of $242.9.
The following table summarizes our other intangible assets and related accumulated amortization and impairment charges, including foreign currency translation adjustments.
  April 30, 2024April 30, 2023
  Acquisition
Cost		Accumulated
Amortization/
Impairment
Charges/
Foreign
Currency Translation		NetAcquisition
Cost		Accumulated
Amortization/
Impairment
Charges/
Foreign
Currency
Translation		Net 
Finite-lived intangible assets subject to
  amortization:
Customer and contractual relationships$4,766.7 $1,894.9 $2,871.8 $3,499.0 $1,719.8 $1,779.2 
Patents and technology163.0 160.8 2.2 167.6 161.6 6.0 
Trademarks143.1 110.8 32.3 151.4 111.6 39.8 
Total intangible assets subject to amortization$5,072.8 $2,166.5 $2,906.3 $3,818.0 $1,993.0 $1,825.0 
Indefinite-lived intangible assets not subject to amortization:
Trademarks$4,572.7 $223.6 $4,349.1 $2,830.7 $226.4 $2,604.3 
Total other intangible assets$9,645.5 $2,390.1 $7,255.4 $6,648.7 $2,219.4 $4,429.3 
Amortization expense for finite-lived intangible assets was $190.1, $205.9, and $222.5 in 2024, 2023, and 2022, respectively. The weighted-average useful lives of the customer and contractual relationships, patents and technology, and trademarks are 24 years, 20 years, and 12 years, respectively. The weighted-average useful life of total finite-lived intangible assets is
24 years. Based on the carrying value of intangible assets subject to amortization at April 30, 2024, the estimated amortization expense is $223.3 for 2025, $209.0 for 2026, $200.9 for 2027, $201.9 for 2028, and $172.1 for 2029.

We review goodwill and other indefinite-lived intangible assets for impairment at least annually on February 1 and more often if indicators of impairment exist.

As of February 1, 2024, we completed the annual impairment review, in which goodwill impairment was tested at the reporting unit level for all of our reporting units with goodwill. As part of our annual evaluation, we did not recognize any impairment charges related to our reporting units or indefinite-lived intangible assets. The estimated fair value exceeded the carrying value by greater than 10 percent for all our reporting units and indefinite-lived intangible assets, with the exception of the Sweet Baked Snacks reporting unit, for which its fair value exceeded its carrying value by approximately 3 percent, as the carrying value approximates estimated fair value due to the recent acquisition of Hostess Brands. Any significant adverse change in our near or long-term projections or macroeconomic conditions could result in future impairment charges for the
Sweet Baked Snacks segment. For additional information, see Goodwill and Other Intangible Assets in Note 1: Accounting Policies, Note 2: Acquisition, and Note 3: Divestitures.

In 2022, we recognized an impairment charge of $150.4 related to the divested Rachael Ray Nutrish brand within the U.S. Retail Pet Foods segment, primarily driven by the re-positioning of this brand within the Pet Foods brand portfolio, which led to a decline in the current and long-term net sales expectations and the royalty rate used in the valuation analysis. This charge was included as a noncash charge in our Statement of Consolidated Income.