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GOODWILL AND INTANGIBLE ASSETS
3 Months Ended
Jan. 24, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
 
Goodwill: The changes in the carrying amounts of goodwill for the thirteen weeks ended January 24, 2021, are:
(in thousands)Grocery
Products
Refrigerated
Foods
Jennie-O
Turkey Store
International
& Other
Total
Balance at October 25, 2020
$632,301 $1,607,005 $176,628 $196,793 $2,612,727 
Foreign Currency Translation4,863 4,863 
Balance at January 24, 2021
$632,301 $1,607,005 $176,628 $201,656 $2,617,589 

Intangible Assets: The carrying amounts for indefinite-lived intangible assets are:
(in thousands)January 24, 2021October 25, 2020
Brands/Tradenames/Trademarks$953,190 $953,190 
Other Intangibles184 184 
Foreign Currency Translation(6,203)(6,923)
Total$947,171 $946,452 

The gross carrying amount and accumulated amortization for definite-lived intangible assets are:
 January 24, 2021October 25, 2020
(in thousands)
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Customer Lists/Relationships$117,239 $(48,303)$117,239 $(45,996)
Other Intangibles60,241 (5,021)60,631 (4,298)
Tradenames/Trademarks10,536 (4,053)10,536 (3,518)
Foreign Currency Translation— (4,354)— (4,760)
Total$188,016 $(61,732)$188,406 $(58,572)
 
Amortization expense was $4.0 million and $2.7 million for the thirteen weeks ended January 24, 2021 and January 26, 2020, respectively.
 
Estimated annual amortization expense for the five fiscal years after October 25, 2020, is:
(in thousands)
2021$16,477 
202216,037 
202315,132 
202413,048 
202511,432