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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Oct. 25, 2020
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 25, 2020, and October 27, 2019, are:
(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 |  | — |  |  | — |  |  | — |  |  | (2,454) |  |  | (2,454) |
Balance at October 27, 2019 |  | $ | 632,301 |  |  | $ | 1,458,692 |  |  | $ | 176,628 |  |  | $ | 214,024 |  |  | $ | 2,481,645 |
Goodwill Acquired |  | — |  |  | 148,313 |  |  | — |  |  | — |  |  | 148,313 |
Foreign Currency Translation |  | — |  |  | — |  |  | — |  |  | (17,232) |  |  | (17,232) |
Balance as of October 25, 2020 |  | $ | 632,301 |  |  | $ | 1,607,005 |  |  | $ | 176,628 |  |  | $ | 196,793 |  |  | $ | 2,612,727 |
Schedule of carrying amounts for indefinite-lived intangible assets | The carrying amounts for indefinite-lived intangible assets are:
|  | October 25, |  | October 27,
(in thousands) |  | 2020 |  | 2019
Brands/Tradenames/Trademarks |  | $ | 953,190 |  |  | $ | 959,400 |
Other Intangibles |  | 184 |  |  | 184 |
Foreign Currency Translation |  | (6,923) |  |  | (3,803) |
Total |  | $ | 946,452 |  |  | $ | 955,781 |
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:
|  | October 25, 2020 |  | October 27, 2019
|  | 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 |  | $ | 117,239 |  |  | $ | (45,996) |  |  | 12.2 |  | $ | 113,739 |  |  | $ | (36,744) |  |  | 12.7
Other Intangibles |  | 60,631 |  |  | (4,298) |  |  | 13.8 |  | 6,957 |  |  | (2,817) |  |  | 6.3
Tradenames/Trademarks |  | 10,536 |  |  | (3,518) |  |  | 4.9 |  | — |  |  | — |  |  | — |
Foreign Currency Translation |  | — |  |  | (4,760) |  |  | — |  |  | — |  |  | (3,054) |  |  | — |
Total |  | $ | 188,406 |  |  | $ | (58,572) |  |  | 12.3 |  | $ | 120,696 |  |  | $ | (42,615) |  |  | 12.2
Schedule of amortization expense | Amortization expense for the last three fiscal years was:
(in thousands) |  |
2020 |  | $ | 14,251 |
2019 |  | 11,586 |
2018 |  | 12,653 |
Schedule of estimated annual amortization expense | Estimated annual amortization expense for the five fiscal years after October 25, 2020, is as follows:
(in thousands) |  |
2021 |  | $ | 16,477 |
2022 |  | 16,037 |
2023 |  | 15,132 |
2024 |  | 13,048 |
2025 |  | 11,432 |

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