v3.23.3
GOODWILL AND INTANGIBLE ASSETS
9 Months Ended
Oct. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETSThe changes in the carrying value of goodwill by reportable segment for the nine months ended October 1, 2023 are as follows:
North America ConfectioneryNorth America Salty SnacksInternationalTotal
Balance at December 31, 2022
$2,018,430 $571,771 $16,755 $2,606,956 
Acquired during the period (see Note 2)
— 85,231 — 85,231 
Foreign currency translation(154)— 1,149 995 
Balance at October 1, 2023
$2,018,276 $657,002 $17,904 $2,693,182 
The following table provides the gross carrying amount and accumulated amortization for each major class of intangible asset:
October 1, 2023December 31, 2022
Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Intangible assets subject to amortization:
Trademarks$1,701,863 $(227,276)$1,701,932 $(190,045)
Customer-related513,142 (115,697)513,188 (93,495)
Patents8,041 (8,041)8,053 (8,053)
Total
2,223,046 (351,014)2,223,173 (291,593)
Intangible assets not subject to amortization:
Trademarks35,339 34,689 
Total other intangible assets
$1,907,371 $1,966,269 
Total amortization expense for the three months ended October 1, 2023 and October 2, 2022 was $19,882 and $19,909, respectively. Total amortization expense for the nine months ended October 1, 2023 and October 2, 2022 was $59,620 and $59,827, respectively.