XML 56 R36.htm IDEA: XBRL DOCUMENT v3.25.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
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, 2024 and 2023 are as follows:
North America ConfectioneryNorth America Salty SnacksInternationalTotal
Goodwill$2,023,403 $571,770 $374,131 $2,969,304 
Accumulated impairment loss(4,973)— (357,375)(362,348)
Balance at January 1, 2023
2,018,430 571,770 16,756 2,606,956 
Acquired during the period— 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 
Acquired during the period (see Note 2)
20,723 — — 20,723 
Foreign currency translation(8,697)— (2,323)(11,020)
Balance at December 31, 2024
$2,032,857 $657,001 $15,895 $2,705,753 
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 31,20242023
Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Intangible assets subject to amortization:
Trademarks
$1,721,159 $(282,819)$1,703,029 $(249,947)
Customer-related
552,594 (151,409)513,910 (123,282)
Patents
7,579 (7,579)8,233 (8,233)
Total
2,281,332 (441,807)2,225,172 (381,462)
Intangible assets not subject to amortization:
Trademarks
34,341 35,519 
Total other intangible assets
$1,873,866 $1,879,229 
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 31,20252026202720282029
Amortization expense$82,221 $82,174 $81,081 $81,081 $79,553