Goodwill and Other Intangible Assets

12 Months Ended

Apr. 30, 2022

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, 2020	$	756	$	635
Sale of business (Note 12)	(4)		(1)
Acquisition of business (Note 12)	8		8
Foreign currency translation adjustment	19		34
Balance as of April 30, 2021	779		676
Foreign currency translation adjustment	(18)		(38)
Impairment	—		(52)
Balance as of April 30, 2022	$	761	$	586

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

During the fourth quarter of fiscal 2022, we recognized a non-cash impairment charge for our Finlandia brand name. The impairment reflects a decline in our long-term outlook for Finlandia due to our suspension of operations in Russia, a key market for the brand. The impairment charge of $52 is included in “other expense (income), net” in the accompanying consolidated statement of operations. As of April 30, 2022, the remaining carrying amount of the Finlandia brand name was $181.