Goodwill and Intangible Assets

Goodwill

The following table shows the changes in the carrying amount of goodwill by business segment:



	Meals and Beverages			Global Biscuits and Snacks			Campbell Fresh⁽¹⁾		Total
Net balance at July 29, 2018	$	978		$	3,602		$	—	$	4,580
Changes in preliminary purchase price allocation	—			140			—		140
Foreign currency translation adjustment	(1		)	(30		)	—		(31		)
Net balance at October 28, 2018	$	977		$	3,712		$	—	$	4,689

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⁽¹⁾	The balance of goodwill is reflected net of accumulated impairment charges of $837 as of October 28, 2018 and July 29, 2018, respectively, related to the Bolthouse Farms carrot and carrot ingredients reporting unit, the deli reporting unit, and the Bolthouse Farms refrigerated beverages and salad dressings reporting unit.

During the three-month period ended October 28, 2018, we made changes in the preliminary allocation of the purchase price of the Snyder's-Lance acquisition which resulted in a change in goodwill of $140 in the Global Biscuits and Snacks segment. See Note 3 for additional information.

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 28, 2018			July 29, 2018
Amortizable intangible assets
Customer relationships	$	1,063		$	1,116
Technology	40			40
Other	42			43
Total gross amortizable intangible assets	$	1,145		$	1,199
Accumulated amortization	(140		)	(126		)
Total net amortizable intangible assets	$	1,005		$	1,073
Non-amortizable intangible assets
Trademarks	2,986			3,123
Total net intangible assets	$	3,991		$	4,196

Non-amortizable intangible assets consist of trademarks, which include Snyder's of Hanover, Lance, Kettle Brand, Pace, Pacific Foods, Snack Factory, Cape Cod, Bolthouse Farms, Plum, Kjeldsens, and Garden Fresh Gourmet. Other amortizable intangible assets consist of recipes, non-compete agreements, trademarks, patents and distributor relationships.

Amortization of intangible assets was $15 and $4 for three-month periods ended October 28, 2018 and October 29, 2017, respectively. Amortization expense for the next 5 years is estimated to be $62 in 2019, $58 in 2020, $57 in 2021 and $56 in 2022 and 2023. Asset useful lives range from 2 to 22 years.