GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Jan. 28, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in the carrying amount of goodwill

The change in the carrying amount of goodwill for the quarter ended January 28, 2024, is:

In thousands	Retail		Foodservice		International		Total
Balance at October 29, 2023	$	2,916,796	$	1,750,594	$	261,074	$	4,928,464
Foreign Currency Translation	—		—		2,793		2,793
Balance at January 28, 2024	$	2,916,796	$	1,750,594	$	263,867	$	4,931,257

Schedule of carrying amounts for indefinite-lived intangible assets

The carrying amounts for indefinite-lived intangible assets are:

In thousands	January 28, 2024		October 29, 2023
Brands/Trade Names/Trademarks	$	1,636,807	$	1,636,807
Other Intangibles	184		184
Foreign Currency Translation	(5,523)		(5,893)
Total	$	1,631,468	$	1,631,098

Schedule of gross carrying amount and accumulated amortization for definite-lived intangible assets

The gross carrying amount and accumulated amortization for definite-lived intangible assets are:

	January 28, 2024				October 29, 2023
In thousands	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer Lists/Relationships	$	168,239	$	(85,749)	$	168,239	$	(82,658)
Other Intangibles	59,241		(16,919)		59,241		(15,857)
Trade Names/Trademarks	6,210		(5,068)		6,540		(5,089)
Foreign Currency Translation	—		(4,265)		—		(4,344)
Total	$	233,690	$	(112,002)	$	234,020	$	(107,947)

Schedule of amortization expense

Amortization expense on intangible assets is as follows:

	Quarter Ended
In thousands	January 28, 2024		January 29, 2023
Amortization Expense	$	4,463	$	4,607

Schedule of estimated annual amortization expense

Estimated annual amortization expense on intangible assets for the five fiscal years after October 29, 2023, is as follows:

In thousands	Amortization Expense
2024	$	16,381
2025	14,681
2026	14,210
2027	13,940
2028	13,009