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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Oct. 28, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of changes in the carrying amount of goodwill | The changes in the carrying amount of goodwill for the fiscal years ended October 28, 2018, and October 29, 2017, are presented in the table below. Additions relate to the acquisitions of Columbus on November 27, 2017, for fiscal 2018 and the acquisitions of Fontanini on August 16, 2017, and Ceratti on August 22, 2017, for fiscal 2017. The reduction during fiscal 2017 is due to the sale of Clougherty Packing, LLC, parent company of Farmer John and Saag’s Specialty Meats, along with PFFJ, LLC, farm operations in California, Arizona, and Wyoming (Farmer John) on January 3, 2017. See additional discussion regarding the Company’s assets held for sale in Note E.
(in thousands) |  | Grocery Products |  | Refrigerated Foods |  | Jennie-O Turkey Store |  | International & Other |  | Total
Balance as of October 30, 2016 |  | $ | 882,582 |  |  | $ | 584,443 |  |  | $ | 203,214 |  |  | $ | 164,258 |  |  | $ | 1,834,497 |
Goodwill acquired |  | — |  |  | 223,082 |  |  | — |  |  | 74,060 |  |  | 297,142 |
Goodwill sold |  | — |  |  | (11,826 | ) |  | — |  |  | — |  |  | (11,826 | )
Balance as of October 29, 2017 |  | $ | 882,582 |  |  | $ | 795,699 |  |  | $ | 203,214 |  |  | $ | 238,318 |  |  | $ | 2,119,813 |
Goodwill acquired |  | — |  |  | 610,602 |  |  | — |  |  | — |  |  | 610,602 |
Foreign currency translation |  | — |  |  | — |  |  | — |  |  | (20,224 | ) |  | (20,224 | )
Purchase adjustments |  | — |  |  | 596 |  |  | — |  |  | 3,329 |  |  | 3,925 |
Balance as of October 28, 2018 |  | $ | 882,582 |  |  | $ | 1,406,897 |  |  | $ | 203,214 |  |  | $ | 221,423 |  |  | $ | 2,714,116 |
Schedule of gross carrying amount and accumulated amortization for definite-lived intangible assets | The gross carrying amount and accumulated amortization for definite-lived intangible assets are presented in the table below. In fiscal 2018, customer relationships of $29.4 million were acquired related to Columbus. In fiscal 2017, customer relationships of $13.1 million were acquired related to Ceratti and $10.0 million were acquired related to Fontanini. Once fully amortized, the definite-lived intangible assets are removed from the table.
|  | October 28, 2018 |  | October 29, 2017
|  | Gross |  |  |  | Weighted- |  | Gross |  |  |  | Weighted-
|  | Carrying |  | Accumulated |  | Avg Life |  | Carrying |  | Accumulated |  | Avg Life
(in thousands) |  | Amount |  | Amortization |  | (in Years) |  | Amount |  | Amortization |  | (in Years)
Customer lists/relationships |  | $ | 137,039 |  |  | $ | (36,367 | ) |  | 12.4 |  |  | $ | 115,940 |  |  | $ | (25,767 | ) |  | 12.3 |
Other intangibles |  | 6,155 |  |  | (1,547 | ) |  | 6.4 |  |  | 3,100 |  |  | (2,044 | ) |  | 5.8 |
Formulas and recipes |  | — |  |  | — |  |  | — |  |  | 1,950 |  |  | (1,950 | ) |  | 10.0 |
Foreign currency translation |  | — |  |  | (2,883 | ) |  | — |  |  | — |  |  | (206 | ) |  | — |
Total |  | $ | 143,194 |  |  | $ | (40,797 | ) |  | 12.2 |  |  | $ | 120,990 |  |  | $ | (29,967 | ) |  | 12.1 |
Schedule of amortization expense | Amortization expense for the last three fiscal years was as follows:
(in millions) |  |  |
2018 |  | $ | 12.7 |
2017 |  | 8.4 |
2016 |  | 8.4 |
Schedule of estimated annual amortization expense | Estimated annual amortization expense for the five fiscal years after October 28, 2018, is as follows:
(in millions) |  |
2019 |  | $ | 12.6 |
2020 |  | 12.6 |
2021 |  | 12.7 |
2022 |  | 12.4 |
2023 |  | 11.6 |
Schedule of carrying amounts for indefinite-lived intangible assets | The carrying amounts for indefinite-lived intangible assets are in the following table. The increases largely represent the fair value of trademarks acquired with Columbus of $193.0 million in fiscal 2018. Fiscal 2017 additions included the trademarks acquired with Ceratti and Fontanini of $15.9 million and $100.4 million, respectively.
|  | October 28, |  | October 29,
(in thousands) |  | 2018 |  | 2017
Brands/tradenames/trademarks |  | $ | 1,108,122 |  |  | $ | 935,816 |
Other intangibles |  | 184 |  |  | 184 |
Foreign currency translation |  | (3,484 | ) |  | (9 | )
Total |  | $ | 1,104,822 |  |  | $ | 935,991 |

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