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Goodwill and Other Intangible Assets | 12 Months Ended
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Apr. 30, 2015
Goodwill and Other Intangible Assets [Abstract] |
Goodwill and Other Intangible Assets |
NOTE 5 | GOODWILL AND OTHER INTANGIBLE ASSETS
A summary of changes in goodwill during the years ended April 30, 2015 and 2014, by reportable segment is as follows:
|  | U.S. Retail Coffee |  |  | U.S. Retail Consumer Foods |  |  | U.S. Retail Pet Foods |  |  | International, Foodservice, and Natural Foods |  |  | Total |
Balance at May 1, 2013 |  | $ | 1,720.3 |  |  | $ | 1,034.6 |  |  | $ | — |  |  | $ | 298.0 |  |  | $ | 3,052.9 |
Acquisitions |  |  | 22.8 |  |  |  | — |  |  |  | — |  |  |  | 29.3 |  |  |  | 52.1 |
Other |  |  | — |  |  |  | (2.4) |  |  |  | — |  |  |  | (4.4) |  |  |  | (6.8) |
Balance at April 30, 2014 |  | $ | 1,743.1 |  |  | $ | 1,032.2 |  |  | $ | — |  |  | $ | 322.9 |  |  | $ | 3,098.2 |
Acquisitions |  |  | (0.3) |  |  |  | 47.9 |  |  |  | 2,810.3 |  |  |  | 60.9 |  |  |  | 2,918.8 |
Other |  |  | 0.1 |  |  |  | (2.5) |  |  |  | — |  |  |  | (4.8) |  |  |  | (7.2) |
Balance at April 30, 2015 |  | $ | 1,742.9 |  |  | $ | 1,077.6 |  |  | $ | 2,810.3 |  |  | $ | 379.0 |  |  | $ | 6,009.8 |
The amounts classified as other represent foreign currency exchange for the years ended April 30, 2015 and 2014. The following table summarizes our other intangible assets and related accumulated amortization and impairment charges, including foreign currency exchange.
|  | April 30, 2015 |  |  | April 30, 2014 |
|  | Acquisition Cost |  |  | Accumulated Amortization/ Impairment Charges/ Foreign Currency Exchange |  |  | Net |  |  | Acquisition Cost |  |  | Accumulated Amortization/ Impairment Charges/ Foreign Currency Exchange |  |  | Net |
Finite-lived intangible assets subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer and contractual relationships |  | $ | 3,733.9 |  |  | $ | 477.9 |  |  | $ | 3,256.0 |  |  | $ | 1,436.2 |  |  | $ | 392.6 |  |  | $ | 1,043.6 |
Patents and technology |  |  | 169.0 |  |  |  | 74.8 |  |  |  | 94.2 |  |  |  | 164.5 |  |  |  | 61.9 |  |  |  | 102.6 |
Trademarks |  |  | 328.0 |  |  |  | 47.6 |  |  |  | 280.4 |  |  |  | 70.0 |  |  |  | 36.5 |  |  |  | 33.5 |
Total intangible assets subject to amortization |  | $ | 4,230.9 |  |  | $ | 600.3 |  |  | $ | 3,630.6 |  |  | $ | 1,670.7 |  |  | $ | 491.0 |  |  | $ | 1,179.7 |
Indefinite-lived intangible assets not subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | $ | 3,338.0 |  |  | $ | 18.3 |  |  | $ | 3,319.7 |  |  | $ | 1,858.9 |  |  | $ | 14.3 |  |  | $ | 1,844.6 |
Total other intangible assets |  | $ | 7,568.9 |  |  | $ | 618.6 |  |  | $ | 6,950.3 |  |  | $ | 3,529.6 |  |  | $ | 505.3 |  |  | $ | 3,024.3 |
Amortization expense for finite-lived intangible assets was $110.3, $98.7, and $96.6 in 2015, 2014, and 2013, respectively. The weighted-average useful lives of the customer and contractual relationships, patents and technology, and trademarks are 23 years, 13 years, and 15 years, respectively. The weighted-average useful life of total finite-lived intangible assets is 22 years. Based on the amount of intangible assets subject to amortization at April 30, 2015, including the amortization for Big Heart based on the preliminary purchase price allocation, the estimated amortization expense is $212.2 for 2016, $211.5 for 2017, $209.1 for 2018, $208.9 for 2019, and $207.4 for 2020. We review goodwill and other indefinite-lived intangible assets at least annually for impairment. The annual impairment review was performed as of February 1, 2015. Goodwill impairment is tested at the reporting unit level. At February 1, 2015, we had six reporting units. No goodwill impairment was recognized as a result of the annual evaluation performed as of February 1, 2015. The estimated fair value of each reporting unit and material other indefinite-lived intangible asset was substantially in excess of its carrying value as of the annual test date. An immaterial nonrecurring fair value adjustment was recognized in 2015 and included in amortization on the Statement of Consolidated Income.

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- Definition Goodwill and other intangible assets. + References No definition available. + Details
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- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
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