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Intangible Assets | 12 Months Ended
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Oct. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Note 4. Intangible Assets Goodwill The Company has three reporting units: CooperVision and within the CooperSurgical segment, Office/Surgical and Fertility, reflecting the current way the Company manages its business. There was no impairment of goodwill in its reporting units in fiscal 2023, 2022, and 2021.
(In millions) | CooperVision |  | CooperSurgical |  | Total
Balance at October 31, 2022 | $ | 1,710.3 |  |  | $ | 1,899.4 |  |  | $ | 3,609.7 |
Net changes | 7.7 |  |  | (3.6) |  |  | 4.1 |
Foreign currency translation adjustment | 29.6 |  |  | (18.9) |  |  | 10.7 |
Balance at October 31, 2023 | $ | 1,747.6 |  |  | $ | 1,876.9 |  |  | $ | 3,624.5 |
Of the October 31, 2023, goodwill balance, $237.6 million for CooperSurgical and $20.1 million for CooperVision is expected to be deductible for tax purposes. Of the October 31, 2022, goodwill balance, $214.1 million for CooperSurgical and $22.4 million for CooperVision was expected to be deductible for tax purposes. Other Intangible Assets
| October 31, 2023 |  | October 31, 2022 |  |
(In millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization |  | Weighted-average Amortization Period (in years)
Intangible assets with definite lives: |  |  |  |  |  |  |  |  |
Trademarks | $ | 208.9 |  |  | $ | 81.1 |  |  | $ | 209.6 |  |  | $ | 62.4 |  |  | 15
Composite intangible asset | 1,061.9 |  |  | 424.8 |  |  | 1,061.9 |  |  | 354.0 |  |  | 15
Technology | 494.5 |  |  | 335.4 |  |  | 504.1 |  |  | 317.5 |  |  | 13
Customer relationships | 1,099.2 |  |  | 345.8 |  |  | 1,092.7 |  |  | 287.0 |  |  | 19
License and distribution rights and other | 51.6 |  |  | 28.0 |  |  | 50.7 |  |  | 23.8 |  |  | 11
| 2,916.1 |  |  | $ | 1,215.1 |  |  | 2,919.0 |  |  | $ | 1,044.7 |  |  | 16
Less: accumulated amortization and translation | 1,215.1 |  |  |  |  | 1,044.7 |  |  |  |  |
Intangible assets with definite lives, net | $ | 1,701.0 |  |  |  |  | $ | 1,874.3 |  |  |  |  |
Intangible assets with indefinite lives, net (1) | 9.3 |  |  |  |  | 10.8 |  |  |  |  |
Total other intangibles, net | $ | 1,710.3 |  |  |  |  | $ | 1,885.1 |  |  |  |  |
(1) Intangible assets with indefinite lives include technology and trademarks. Balances include foreign currency translation adjustments. As of October 31, 2023, the estimate of future amortization expenses for intangible assets with definite lives is as follows:
Fiscal years: | (In millions)
2024 | $ | 179.5 |
2025 | 169.5 |
2026 | 162.0 |
2027 | 147.7 |
2028 | 143.2 |
Thereafter | 899.1 |
Total remaining amortization for intangible assets with definite lives | $ | 1,701.0 |
In the fourth quarter of fiscal 2023, CooperVision fully impaired some intangible assets associated with the discontinuation of certain products. The carrying value of these intangible assets were immaterial. The Company performed its annual impairment assessment in the third quarter of fiscal 2023 and determined there was no other impairment to either its definite-lived or indefinite-lived intangible assets during fiscal 2023. There were no impairment to the Company's definite-lived or indefinite-lived intangible assets during fiscal 2022 and 2021.

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