Goodwill and Other Intangible Assets

12 Months Ended

Apr. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

The following table shows the changes in goodwill (which include no accumulated impairment losses) and other intangible assets over the past two years: 

	Goodwill			Other Intangible Assets
Balance as of April 30, 2018	$	763		$	670
Foreign currency translation adjustment	(10		)	(25		)
Balance as of April 30, 2019	753			645
Acquisition of business (Note 12)	11			12
Foreign currency translation adjustment	(8		)	(9		)
Impairment	—			(13		)
Balance as of April 30, 2020	$	756		$	635

Our other intangible assets consist of trademarks and brand names, all with indefinite useful lives.

During the fourth quarter of fiscal 2020, we recognized a non-cash impairment charge for our Chambord brand name. The impairment reflects a decline in our long-term outlook for Chambord, which has a significant on-premise presence and is expected to be considerably affected by the closures and restrictions in this channel in response to the COVID-19 pandemic. The impairment charge of $13 is included in “other expense (income), net” in the accompanying consolidated statement of operations. As of April 30, 2020, the remaining carrying amount of the Chambord brand name was $104.