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GOODWILL AND INTANGIBLE ASSETS | 9 Months Ended
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Jul. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS Goodwill: The changes in the carrying amounts of goodwill for the three and nine months ended July 28, 2019, are presented in the table below. The reduction in goodwill during fiscal 2019 is due to the divestiture of CytoSport on April 15, 2019. Beginning balances have been reclassified to conform to the current year presentation between segments. See Note N - Segment Reporting and Note C - Acquisitions and Divestitures for additional information.
(in thousands) | Grocery Products |  | Refrigerated Foods |  | Jennie-O Turkey Store |  | International & Other |  | Total
Balance at April 28, 2019 | $ | 632,301 |  |  | $ | 1,458,692 |  |  | $ | 176,628 |  |  | $ | 219,014 |  |  | $ | 2,486,635 |
Foreign currency translation | — |  |  | — |  |  | — |  |  | 654 |  |  | 654 |
Balance at July 28, 2019 | $ | 632,301 |  |  | $ | 1,458,692 |  |  | $ | 176,628 |  |  | $ | 219,668 |  |  | $ | 2,487,289 |
(in thousands) | Grocery Products |  | Refrigerated Foods |  | Jennie-O Turkey Store |  | International & Other |  | Total
Reported balance at October 28, 2018 | $ | 882,582 |  |  | $ | 1,406,897 |  |  | $ | 203,214 |  |  | $ | 221,423 |  |  | $ | 2,714,116 |
Segment reclassification | (25,209 | ) |  | 51,795 |  |  | (26,586 | ) |  | — |  |  | — |
Adjusted balance at October 28, 2018 | 857,373 |  |  | 1,458,692 |  |  | 176,628 |  |  | 221,423 |  |  | 2,714,116 |
Goodwill sold | (225,072 | ) |  | — |  |  | — |  |  | (4,945 | ) |  | (230,017 | )
Foreign currency translation | — |  |  | — |  |  | — |  |  | 3,190 |  |  | 3,190 |
Balance at July 28, 2019 | $ | 632,301 |  |  | $ | 1,458,692 |  |  | $ | 176,628 |  |  | $ | 219,668 |  |  | $ | 2,487,289 |
Intangible Assets: The reduction in indefinite and definite-lived intangible assets for fiscal year 2019 is due to the divestiture of CytoSport. The carrying amounts for indefinite-lived intangible assets are presented in the table below.
(in thousands) | July 28, 2019 |  | October 28, 2018
Brands/tradenames/trademarks | $ | 959,400 |  |  | $ | 1,108,122 |
Other intangibles | 184 |  |  | 184 |
Foreign currency translation | (2,830 | ) |  | (3,484 | )
Total | $ | 956,754 |  |  | $ | 1,104,822 |
The gross carrying amount and accumulated amortization for definite-lived intangible assets are presented in the table below.
| July 28, 2019 |  | October 28, 2018
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Customer lists/relationships | $ | 113,739 |  |  | $ | (34,418 | ) |  | $ | 137,039 |  |  | $ | (36,367 | )
Other intangibles | 6,957 |  |  | (2,494 | ) |  | 6,155 |  |  | (1,547 | )
Foreign currency translation | — |  |  | (2,411 | ) |  | — |  |  | (2,883 | )
Total | $ | 120,696 |  |  | $ | (39,323 | ) |  | $ | 143,194 |  |  | $ | (40,797 | )
Amortization expense was $2.6 million and $8.9 million for the third quarter and nine months ended July 28, 2019, respectively, compared to $3.3 million and $9.5 million for the third quarter and nine months ended July 29, 2018. Estimated annual amortization expense for the five fiscal years after October 28, 2018, is as follows:
(in millions) |
2019 | $11.7
2020 | 10.7
2021 | 10.7
2022 | 10.4
2023 | 9.5

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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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