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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Oct. 26, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table shows goodwill by segment:
(Dollars in Millions) |  | October 26, 2019 |  | April 27, 2019
Automotive |  | $ | 106.3 |  |  | $ | 106.3 |
Industrial |  | 127.3 |  |  | 127.0 |
Total |  | $ | 233.6 |  |  | $ | 233.3 |
Schedule of Intangible Assets | The following tables present details of the Company's identifiable intangible assets:
| October 26, 2019
(Dollars in Millions) | Gross |  | Accumulated Amortization |  | Net |  | Wtd. Avg. Remaining Amortization Periods (Years)
Definite-lived Intangible Assets: |  |  |  |  |  |  |
Customer Relationships and Agreements | $ | 244.8 |  |  | $ | 34.3 |  |  | $ | 210.5 |  |  | 17.0
Trade Names, Patents and Technology Licenses | 75.6 |  |  | 32.1 |  |  | 43.5 |  |  | 7.9
Total Definite-lived Intangible Assets | 320.4 |  |  | 66.4 |  |  | 254.0 |  |  |
Indefinite-lived Intangible Assets: |  |  |  |  |  |  |
Trade Names, Patents and Technology Licenses | 1.8 |  |  | — |  |  | 1.8 |  |  |
Total Indefinite-lived Intangible Assets | 1.8 |  |  | — |  |  | 1.8 |  |  |
Total Intangible Assets | $ | 322.2 |  |  | $ | 66.4 |  |  | $ | 255.8 |  |  |
| April 27, 2019
(Dollars in Millions) | Gross |  | Accumulated Amortization |  | Net |  | Wtd. Avg. Remaining Amortization Periods (Years)
Definite-lived Intangible Assets: |  |  |  |  |  |  |
Customer Relationships and Agreements | $ | 244.5 |  |  | $ | 27.7 |  |  | $ | 216.8 |  |  | 17.4
Trade Names, Patents and Technology Licenses | 75.5 |  |  | 29.2 |  |  | 46.3 |  |  | 8.4
Total Definite-lived Intangible Assets | 320.0 |  |  | 56.9 |  |  | 263.1 |  |  |
Indefinite-lived Intangible Assets: |  |  |  |  |  |  |
Trade Names, Patents and Technology Licenses | 1.8 |  |  | — |  |  | 1.8 |  |  |
Total Indefinite-lived Intangible Assets | 1.8 |  |  | — |  |  | 1.8 |  |  |
Total Intangible Assets | $ | 321.8 |  |  | $ | 56.9 |  |  | $ | 264.9 |  |  |
Schedule of Intangible Assets | The following tables present details of the Company's identifiable intangible assets:
| October 26, 2019
(Dollars in Millions) | Gross |  | Accumulated Amortization |  | Net |  | Wtd. Avg. Remaining Amortization Periods (Years)
Definite-lived Intangible Assets: |  |  |  |  |  |  |
Customer Relationships and Agreements | $ | 244.8 |  |  | $ | 34.3 |  |  | $ | 210.5 |  |  | 17.0
Trade Names, Patents and Technology Licenses | 75.6 |  |  | 32.1 |  |  | 43.5 |  |  | 7.9
Total Definite-lived Intangible Assets | 320.4 |  |  | 66.4 |  |  | 254.0 |  |  |
Indefinite-lived Intangible Assets: |  |  |  |  |  |  |
Trade Names, Patents and Technology Licenses | 1.8 |  |  | — |  |  | 1.8 |  |  |
Total Indefinite-lived Intangible Assets | 1.8 |  |  | — |  |  | 1.8 |  |  |
Total Intangible Assets | $ | 322.2 |  |  | $ | 66.4 |  |  | $ | 255.8 |  |  |
| April 27, 2019
(Dollars in Millions) | Gross |  | Accumulated Amortization |  | Net |  | Wtd. Avg. Remaining Amortization Periods (Years)
Definite-lived Intangible Assets: |  |  |  |  |  |  |
Customer Relationships and Agreements | $ | 244.5 |  |  | $ | 27.7 |  |  | $ | 216.8 |  |  | 17.4
Trade Names, Patents and Technology Licenses | 75.5 |  |  | 29.2 |  |  | 46.3 |  |  | 8.4
Total Definite-lived Intangible Assets | 320.0 |  |  | 56.9 |  |  | 263.1 |  |  |
Indefinite-lived Intangible Assets: |  |  |  |  |  |  |
Trade Names, Patents and Technology Licenses | 1.8 |  |  | — |  |  | 1.8 |  |  |
Total Indefinite-lived Intangible Assets | 1.8 |  |  | — |  |  | 1.8 |  |  |
Total Intangible Assets | $ | 321.8 |  |  | $ | 56.9 |  |  | $ | 264.9 |  |  |
Schedule of Estimated Aggregate Amortization Expense of Intangible Assets | Based on the current amount of intangible assets subject to amortization, the estimated aggregate amortization expense for each of the five succeeding fiscal years and thereafter is as follows:
(Dollars in Millions) |
Fiscal Year: |
Remainder of 2020 | $ | 9.6 |
2021 | 19.0 |
2022 | 19.0 |
2023 | 19.0 |
2024 | 18.6 |
Thereafter | 168.8 |
Total | $ | 254.0 |

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