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GOODWILL AND INTANGIBLE ASSETS
 9 Months Ended
Sep. 26, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The activity in goodwill by segment for the nine months ended September 26, 2021 was as follows:
December 27, 2020AdditionsCurrency TranslationSeptember 26, 2021
(In thousands)
U.S.$41,936 $— $— $41,936 
U.K. and Europe835,505 370,237 6,390 1,212,132 
Mexico127,804 — — 127,804 
Total$1,005,245 $370,237 $6,390 $1,381,872 
Identified intangible assets consisted of the following:
December 27, 2020AdditionsAmortizationCurrency TranslationSeptember 26, 2021
(In thousands)
Cost:
Trade names$78,343 $— $— $— $78,343 
Customer relationships297,062 395,719 — 195 692,976 
Non-compete agreements320 — — — 320 
Trade names not subject to amortization405,240 57,349 — 3,257 465,846 
Accumulated amortization:
Trade names(47,486)— (1,476)— (48,962)
Customer relationships(143,246)— (16,010)(283)(159,539)
Non-compete agreements(320)— — — (320)
Intangible assets, net$589,913 $453,068 $(17,486)$3,169 $1,028,664 
Additions shown in above tables are comprised of goodwill, trade names not subject to amortization, and a customer relationships intangible asset recorded as part of the acquisition of the Kerry Consumer Foods’ Specialty Meats and Ready Meals businesses (“Kerry Meats and Meals Acquisition”). For additional information regarding the initial valuation and assumptions used, refer to “Note 19. Business Acquisitions.”
Intangible assets are amortized over the estimated useful lives of the assets as follows:
Customer relationships
3-20 years
Trade names subject to amortization20 years
Non-compete agreements3 years
At September 26, 2021, the Company assessed if events or changes in circumstances indicated that the asset group-level carrying amounts of its identified intangible assets subject to amortization might not be recoverable. There were no indicators present that required the Company to test the recoverability of the asset group-level carrying amounts of its identified intangible assets subject to amortization at that date.