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Goodwill and Other Intangible Assets | 6 Months Ended
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Jun. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and other intangible assets | Goodwill and Other intangible assets Goodwill and Intangible Assets Changes in the carrying amount of goodwill, intangible assets subject to amortization, consisting primarily of customer relationships, and indefinite-lived intangible assets, consisting of brands and distribution agreements, are presented in the following tables: Carrying amount of goodwill
(millions) | North America | Europe | Latin America | AMEA | Consoli- dated
December 28, 2019 | $ | 4,422 |  | $ | 347 |  | $ | 213 |  | $ | 879 |  | $ | 5,861 |
Currency translation adjustment | (2) |  | (8) |  | (43) |  | (40) |  | (93) |
June 27, 2020 | $ | 4,420 |  | $ | 339 |  | $ | 170 |  | $ | 839 |  | $ | 5,768 |
Intangible assets subject to amortization
Gross carrying amount |  |  |  |  |
(millions) | North America | Europe | Latin America | AMEA | Consoli- dated
December 28, 2019 | $ | 64 |  | $ | 41 |  | $ | 60 |  | $ | 429 |  | $ | 594 |
Currency translation adjustment | — |  | — |  | (15) |  | (26) |  | (41) |
June 27, 2020 | $ | 64 |  | $ | 41 |  | $ | 45 |  | $ | 403 |  | $ | 553 |
Accumulated Amortization |  |  |  |  |
December 28, 2019 | $ | 31 |  | $ | 21 |  | $ | 15 |  | $ | 34 |  | $ | 101 |
Amortization | 2 |  | 3 |  | 1 |  | 8 |  | 14 |
Currency translation adjustment | — |  | — |  | (3) |  | (2) |  | (5) |
June 27, 2020 | $ | 33 |  | $ | 24 |  | $ | 13 |  | $ | 40 |  | $ | 110 |
Intangible assets subject to amortization, net |  |  |  |  |
December 28, 2019 | $ | 33 |  | $ | 20 |  | $ | 45 |  | $ | 395 |  | $ | 493 |
Amortization | (2) |  | (3) |  | (1) |  | (8) |  | (14) |
Currency translation adjustment | — |  | — |  | (12) |  | (24) |  | (36) |
June 27, 2020 | $ | 31 |  | $ | 17 |  | $ | 32 |  | $ | 363 |  | $ | 443 |
For intangible assets in the preceding table, amortization was $14 million for each of the year-to-date periods ended June 27, 2020 and June 29, 2019. The currently estimated aggregate annual amortization expense for full-year 2020 is approximately $28 million. Intangible assets not subject to amortization
(millions) | North America | Europe | Latin America | AMEA | Consoli- dated
December 28, 2019 | $ | 1,238 |  | $ | 392 |  | $ | 70 |  | $ | 383 |  | $ | 2,083 |
Currency translation adjustment | — |  | 2 |  | (19) |  | (23) |  | (40) |
June 27, 2020 | $ | 1,238 |  | $ | 394 |  | $ | 51 |  | $ | 360 |  | $ | 2,043 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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