Goodwill and Other Intangible Assets

12 Months Ended

Apr. 30, 2024

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, 2022	$	761	$	586
Business acquisitions (Note 13)	652		619
Foreign currency translation adjustment	44		55
Impairment	—		(96)
Balance as of April 30, 2023	1,457		1,164
Purchase accounting adjustments (Note 13)	40		(53)
Business divestitures (Note 14)	(28)		(89)
Foreign currency translation adjustment	(14)		(25)
Impairment	—		(7)
Balance as of April 30, 2024	$	1,455	$	990

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

During fiscal 2023, we recognized a non-cash impairment charge of $96 for the Finlandia brand name, largely reflecting the effects of higher discount rates and input costs on its valuation. During fiscal 2024, we recorded a $7 impairment charge related to the write-off of the carrying amount of an immaterial discontinued brand name. The impairment charges are included in “other expense (income), net” in the accompanying consolidated statements of operations.