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Goodwill And Intangible Assets | 12 Months Ended
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Nov. 30, 2021
Goodwill And Intangible Assets [Abstract ] |
Goodwill And Intangible Assets | GOODWILL AND INTANGIBLE ASSETS The following table displays intangible assets as of November 30:
| 2021 | 2020
(millions) | Gross carrying amount | Accumulated amortization | Gross carrying amount | Accumulated amortization
Definite-lived intangible assets | $ | 549.6 |  | $ | 164.5 |  | $ | 336.8 |  | $ | 127.4 |
Indefinite-lived intangible assets: |  |  |  |
Goodwill | 5,335.8 |  | — |  | 4,986.3 |  | — |
Brand names and trademarks | 3,067.4 |  | — |  | 3,030.0 |  | — |
| 8,403.2 |  | — |  | 8,016.3 |  | — |
Total goodwill and intangible assets | $ | 8,952.8 |  | $ | 164.5 |  | $ | 8,353.1 |  | $ | 127.4 |
We acquired FONA in December 2020 (see note 2). The valuation of the acquired net assets of FONA resulted in the allocation of $389.7 million to goodwill, $49.0 million to indefinite-lived intangible assets associated with the acquired brand names and trademarks, and $217.0 million to definite-lived intangible assets. We acquired Cholula in November 2020 (see note 2). The valuation of the acquired net assets of Cholula resulted in the allocation of $411.3 million to goodwill, $380.0 million to indefinite-lived intangible assets associated with the acquired brand names and trademarks, and $21.0 million to definite-lived intangible assets. Intangible asset amortization expense was $35.6 million, $20.2 million and $20.3 million for 2021, 2020 and 2019, respectively. At November 30, 2021, definite-lived intangible assets had a weighted-average remaining life of approximately 12 years. The changes in the carrying amount of goodwill by segment for the years ended November 30 were as follows:
| 2021 | 2020
(millions) | Consumer | Flavor Solutions | Consumer | Flavor Solutions
Beginning of year | $ | 3,711.2 |  | $ | 1,275.1 |  | $ | 3,377.6 |  | $ | 1,127.6 |
Changes in preliminary purchase price allocation | 0.5 |  | 0.3 |  | — |  | — |
Increases from acquisitions | — |  | 389.7 |  | 273.7 |  | 136.8 |
Foreign currency fluctuations | (37.0) |  | (4.0) |  | 59.9 |  | 10.7 |
End of year | $ | 3,674.7 |  | $ | 1,661.1 |  | $ | 3,711.2 |  | $ | 1,275.1 |
In 2020, a preliminary valuation of the acquired net assets of Cholula resulted in the allocation of $273.7 million and $136.8 million of goodwill to the consumer segment and flavor solutions segment, respectively. In 2021, we finalized the allocation of the purchase price of Cholula, which resulted in an increase in goodwill of $0.5 million to the consumer segment and $0.3 million to the flavor solutions segment. The December 2020 FONA acquisition resulted in the allocation of $389.7 million of goodwill to the flavor solutions segment.As more fully described in note 3, in 2021, we recorded non-cash impairment charges of $7.4 million and $3.8 million associated with the Kohinoor brand name and customer relationship asset in India, respectively.

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- Definition Goodwill and intangible assets [Abstract] + References No definition available. + Details
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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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