XML 129 R34.htm IDEA: XBRL DOCUMENT v3.19.3
Goodwill And Intangible Assets (Tables)
 12 Months Ended
Sep. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule Of Goodwill Activity
The following table reflects goodwill activity for fiscal 2019 and 2018:
in millions
 
 
Beef

 
Pork

 
Chicken

 
Prepared
Foods

 
International/Other

 
Unallocated

 
Consolidated

Balance at September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
$
1,236

 
$
423

 
$
1,565

 
$
3,678

 
$
57

 
$
2,982

 
$
9,941

Accumulated impairment losses
(560
)
 
—

 
—

 
—

 
(57
)
 
—

 
(617
)
 
$
676

 
$
423

 
$
1,565

 
$
3,678

 
$
—

 
$
2,982

 
$
9,324

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fiscal 2018 Activity:

 

 

 

 

 

 

Acquisition
$
—

 
$
—

 
$
365

 
$
82

 
$
—

 
$
—

 
$
447

Measurement period adjustments
—

 
—

 
—

 
—

 
—

 
(2
)
 
(2
)
Allocation of acquired goodwill
—

 
—

 
568

 
2,412

 
—

 
(2,980
)
 
—

Reclass to assets held for sale
—

 
—

 
—

 
(30
)
 
—

 
—

 
(30
)
Balance at September 29, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
1,236

 
423

 
2,498

 
6,142

 
57

 
—

 
10,356

Accumulated impairment losses
(560
)
 
—

 
—

 
—

 
(57
)
 
—

 
(617
)
 
$
676


$
423


$
2,498


$
6,142


$
—


$
—


$
9,739

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fiscal 2019 Activity:
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquisition
$
—

 
$
—

 
$
779

 
$
—

 
$
342

 
$
—

 
$
1,121

Measurement period adjustments
—

 
—

 
66

 
—

 
—

 
—

 
66

Reclass to assets held for sale
—

 
—

 
(70
)
 
(7
)
 
—

 
—

 
(77
)
Currency translation and other
—

 
—

 
1

 
(1
)
 
(5
)
 
—

 
(5
)
Balance at September 28, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
1,236

 
423

 
3,274

 
6,134

 
394

 
—

 
11,461

Accumulated impairment losses
(560
)
 
—

 
—

 
—

 
(57
)
 
—

 
(617
)

$
676

 
$
423

 
$
3,274

 
$
6,134

 
$
337

 
$
—

 
$
10,844
Schedule Of Other Intangible Assets By Type
The following table reflects intangible assets by type at September 28, 2019, and September 29, 2018:
in millions
 
 
2019

 
2018

Amortizable intangible assets:
 
 
 
Brands and trademarks
$
945

 
$
950

Customer relationships
2,389

 
1,793

Supply Arrangements
310


358

Patents, intellectual property and other
34

 
107

Land use rights
8

 
9

  Total gross amortizable intangible assets
$
3,686

 
$
3,217

     Less accumulated amortization
727

 
536

  Total net amortizable intangible assets
$
2,959

 
$
2,681

Brands and trademarks not subject to amortization
4,078

 
4,078

  Total intangible assets
$
7,037

 
$
6,759