Goodwill and Intangible Assets:

1. How much does the company report in Intangible Assets and Goodwill?

2. What percent of total assets do they each comprise?

3. Except for Discontinued Operations, were any of these deemed impaired last year? If so, how much was the total loss?

4. Were there impairment charges included in the loss from discontinued operations? If so, how much was the impairment loss?

We also recorded impairment charges on goodwill and intangible assets included in Noncurrent assets of discontinued operations. See Note 3 for additional information. The estimates of future cash flows used in determining the fair value of goodwill and intangible assets involve significant management judgment and are based upon assumptions about expected future operating performance, economic conditions, market conditions and cost of capital. Inherent in estimating the future cash flows are uncertainties beyond our control, such as changes in capital markets. The actual cash flows could differ materially from management's estimates due to changes in business conditions, operating performance and economic conditions. 6. Goodwill and Intangible Assets Goodwill The following table shows the changes in the carrying amount of goodwill by business segment: $ $ Meals & Beverages $ 780 202 (4) $ 978 $ Snacks 31 2,866 (11) 2,886 140 21 (7) 3,040 S Total 811 3,068 (15) 3,864 140 Net balance at July 30, 2017 Acquisitions Foreign currency translation adjustment Net balance at July 29, 2018 Changes in preliminary purchase price allocation Acquisition Foreign currency translation adjustment Net balance at July 28, 2019 $ 21 (1) 977 (8) ,017 4 In March 2018, we acquired Snyder's-Lance for $6,112. During the first quarter of 2019, we made changes in the preliminary allocation of the purchase price of the Snyder's-Lance acquisition which resulted in a change in goodwill of S140 in the Snacks segment. Goodwill related to the Snyder's-Lance acquisition was $3,006. On October 30, 2018, we acquired the remaining ownership interest in Yellow Chips and began consolidating the business, which resulted in goodwill of $21. In addition, we acquired Pacific Foods in December 2017 for $688 and goodwill related to the acquisition was $202. See Note 4 for additional information. Intangible Assets The following table sets forth balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization: 2019 2018 Estimated Useful Lives Cost Accumulated Amortization Net Cost Accumulated Amortization Net $ 785 $ 10 to 1.5 to 22 20 Intangible Assets Amortizable intangible assets Customer relationships Other Total amortizable intangible assets Non-amortizable intangible assets Trademarks Total net intangible assets 855 $ 14 869 $ (70) S (13) (83) S 1 917 $ 1 4 931 $ (26) $ (5) (31) $ 891 9 900 $ 786 $ 2.764 2,629 3,415 $ $ 3,664 Non-amortizable intangible assets consist of trademarks. As of July 28, 2019, trademarks primarily included $1,996 associated with the acquisition of Snyder's-Lance, S280 associated with the acquisition of Pacific Foods and $292 related to Pace. Other amortizable intangible assets consist of recipes, non- compete agreements, trademarks, and patents. Amortization of intangible assets in Earnings from continuing operations was $48 for 2019, $20 for 2018 and $1 for 2017. Amortization expense for the next 5 years is estimated to be $45 in 2020, $44 in 2021 through 2024. We also recorded impairment charges on goodwill and intangible assets included in Noncurrent assets of discontinued operations. See Note 3 for additional information. The estimates of future cash flows used in determining the fair value of goodwill and intangible assets involve significant management judgment and are based upon assumptions about expected future operating performance, economic conditions, market conditions and cost of capital. Inherent in estimating the future cash flows are uncertainties beyond our control, such as changes in capital markets. The actual cash flows could differ materially from management's estimates due to changes in business conditions, operating performance and economic conditions. 6. Goodwill and Intangible Assets Goodwill The following table shows the changes in the carrying amount of goodwill by business segment: $ $ Meals & Beverages $ 780 202 (4) $ 978 $ Snacks 31 2,866 (11) 2,886 140 21 (7) 3,040 S Total 811 3,068 (15) 3,864 140 Net balance at July 30, 2017 Acquisitions Foreign currency translation adjustment Net balance at July 29, 2018 Changes in preliminary purchase price allocation Acquisition Foreign currency translation adjustment Net balance at July 28, 2019 $ 21 (1) 977 (8) ,017 4 In March 2018, we acquired Snyder's-Lance for $6,112. During the first quarter of 2019, we made changes in the preliminary allocation of the purchase price of the Snyder's-Lance acquisition which resulted in a change in goodwill of S140 in the Snacks segment. Goodwill related to the Snyder's-Lance acquisition was $3,006. On October 30, 2018, we acquired the remaining ownership interest in Yellow Chips and began consolidating the business, which resulted in goodwill of $21. In addition, we acquired Pacific Foods in December 2017 for $688 and goodwill related to the acquisition was $202. See Note 4 for additional information. Intangible Assets The following table sets forth balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization: 2019 2018 Estimated Useful Lives Cost Accumulated Amortization Net Cost Accumulated Amortization Net $ 785 $ 10 to 1.5 to 22 20 Intangible Assets Amortizable intangible assets Customer relationships Other Total amortizable intangible assets Non-amortizable intangible assets Trademarks Total net intangible assets 855 $ 14 869 $ (70) S (13) (83) S 1 917 $ 1 4 931 $ (26) $ (5) (31) $ 891 9 900 $ 786 $ 2.764 2,629 3,415 $ $ 3,664 Non-amortizable intangible assets consist of trademarks. As of July 28, 2019, trademarks primarily included $1,996 associated with the acquisition of Snyder's-Lance, S280 associated with the acquisition of Pacific Foods and $292 related to Pace. Other amortizable intangible assets consist of recipes, non- compete agreements, trademarks, and patents. Amortization of intangible assets in Earnings from continuing operations was $48 for 2019, $20 for 2018 and $1 for 2017. Amortization expense for the next 5 years is estimated to be $45 in 2020, $44 in 2021 through 2024