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Goodwill And Intangible Assets
3 Months Ended
Oct. 29, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Goodwill and Intangible Assets
Goodwill
The following table shows the changes in the carrying amount of goodwill by business segment:
 
Americas    
Simple
Meals and Beverages
 
Global
Biscuits
and
Snacks
 
Campbell Fresh
 
Total
Net balance at July 30, 2017(1)
$
780

 
$
795

 
$
540

 
$
2,115

Foreign currency translation adjustment
(3
)
 
(26
)
 

 
(29
)
Net balance at October 29, 2017(1)
$
777

 
$
769

 
$
540

 
$
2,086


_____________________________________
(1) 
The Campbell Fresh segment includes accumulated impairment charges of $297 as of October 29, 2017, and July 30, 2017.
Intangible Assets
The following table sets forth balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization:
Intangible Assets
 
October 29,
2017
 
July 30,
2017
Amortizable intangible assets
 
 
 
 
Customer relationships
 
$
223

 
$
223

Technology
 
40

 
40

Other
 
35

 
35

Total gross amortizable intangible assets
 
$
298

 
$
298

Accumulated amortization
 
(96
)
 
(92
)
Total net amortizable intangible assets
 
$
202

 
$
206

Non-amortizable intangible assets
 
 
 
 
Trademarks
 
910

 
912

Total net intangible assets
 
$
1,112

 
$
1,118


Non-amortizable intangible assets consist of trademarks, which include Bolthouse Farms, Pace, Plum, Kjeldsens, Garden Fresh Gourmet and Royal Dansk. Other amortizable intangible assets consist of recipes, patents, trademarks and distributor relationships.
Amortization of intangible assets was $4 and $5 for the three-month periods ended October 29, 2017, and October 30, 2016, respectively. Amortization expense for the next 5 years is estimated to be $16 in 2018 and 2019, and $15 in 2020 through 2022. Asset useful lives range from 5 to 20 years.