Nike has goodwill on their financial statements largely stemming from the acquisition of other companies and the trademarks associated with those acquisitions. In 2021 Nike had $242 Million in goodwill and in 2020 they had $223 Million. Nike also disclosed that between 2020 and 2021 the difference between goodwill amounts was immaterial and no further reporting was necessary (Nike, 2021). Every year Nike does reviews of their intangible and tangible assets to determine fair value and carrying amount. If the value has drastically changed in various factors that could affect the asset a change to the goodwill asset amount is made on the financial statements (Nike, 2021). I believe Nike disclosed sufficient information to aid the reader in determining how Nike determined the goodwill amount. They disclosed what could affect the amount and how the goodwill amount was originally determined.