XML 57 R35.htm IDEA: XBRL DOCUMENT v3.24.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of the Changes in the Carrying Value of Goodwill by Reportable Segment
The changes in the carrying value of goodwill by segment for the years ended December 31, 2023 and 2022 are as follows:
North America ConfectioneryNorth America Salty SnacksInternationalTotal
Goodwill$2,030,979 $589,798 $374,745 $2,995,522 
Accumulated impairment loss(4,973)— (357,375)(362,348)
Balance at January 1, 2022
2,026,006 589,798 17,370 2,633,174 
Measurement period adjustments— (18,028)— (18,028)
Foreign currency translation(7,576)— (614)(8,190)
Balance at December 31, 2022
2,018,430 571,770 16,756 2,606,956 
Acquired during the period (see Note 2)
— 85,231 — 85,231 
Foreign currency translation2,401 — 1,462 3,863 
Balance at December 31, 2023
$2,020,831 $657,001 $18,218 $2,696,050 
Schedule of Gross Carrying Amount and Accumulated Amortization for Each Major Class of Intangible Asset
The following table provides the gross carrying amount and accumulated amortization for each major class of intangible asset:
December 31,20232022
Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Intangible assets subject to amortization:
Trademarks
$1,703,029 $(249,947)$1,701,932 $(190,045)
Customer-related
513,910 (123,282)513,188 (93,495)
Patents
8,233 (8,233)8,053 (8,053)
Total
2,225,172 (381,462)2,223,173 (291,593)
Intangible assets not subject to amortization:
Trademarks
35,519 34,689 
Total other intangible assets
$1,879,229 $1,966,269 
Schedule of Amortization Expense, for the Next Five Years
Amortization expense for the next five years, based on current intangible asset balances, is estimated to be as follows:
Year ending December 31,20242025202620272028
Amortization expense$78,276 $78,276 $78,276 $77,136 $77,136