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GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
Jan. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS
NOTE B - GOODWILL AND INTANGIBLE ASSETS

Goodwill: As a result of the organizational changes referenced in Note A - Summary of Significant Accounting Policies, the Company conducted an assessment of its operating segments and reporting units. Based on this analysis, goodwill was reallocated using the relative fair value approach. Subsequent to the goodwill reclassification, the Company completed quantitative impairment testing on each reporting unit. The fair value of each reporting unit exceeded its carrying amount, therefore, no impairment charges were recorded. The change in the carrying amounts of goodwill for the quarter ended January 29, 2023, are:
in thousandsRetailFoodserviceInternationalTotal
Balance at October 30, 2022
$2,916,796 $1,750,594 $258,440 $4,925,829 
Foreign Currency Translation— — 2,093 2,093 
Balance at January 29, 2023
$2,916,796 $1,750,594 $260,533 $4,927,923 

Intangible Assets: The carrying amounts for indefinite-lived intangible assets are:
in thousandsJanuary 29, 2023October 30, 2022
Brands/Tradenames/Trademarks$1,665,190 $1,665,190 
Other Intangibles184 184 
Foreign Currency Translation(6,372)(6,599)
Total$1,659,002 $1,658,775 

The gross carrying amount and accumulated amortization for definite-lived intangible assets are:
 January 29, 2023October 30, 2022
in thousands
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Customer Lists/Relationships$168,239 $(72,995)$168,239 $(69,779)
Other Intangibles59,241 (12,669)59,241 (11,606)
Tradenames/Trademarks6,540 (4,161)10,536 (7,828)
Foreign Currency Translation— (4,465)— (4,551)
Total$234,020 $(94,290)$238,016 $(93,764)
 
Amortization expense was $4.6 million for the quarter ended January 29, 2023, compared to $4.8 million for the quarter ended January 30, 2022.

Estimated annual amortization expense for the five fiscal years after October 30, 2022, is as follows:
in thousandsAmortization Expense
2023$18,320 
202416,331 
202514,628 
202614,172 
202713,940