Finite-Lived Intangible Assets


	Jun 28, 2026						Sep 28, 2025
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Acquired and reacquired rights (1)	$	308.5	$	(233.0)	$	75.5	$	1,053.9	$	(974.9)	$	79.0
Acquired trade secrets and processes	27.6		(27.6)		—		27.6		(27.6)		—
Trade names, trademarks and patents	146.5		(129.2)		17.3		131.2		(122.9)		8.3
Licensing agreements	12.0		(12.0)		—		13.0		(13.0)		—
Other finite-lived intangible assets	2.3		(2.3)		—		20.5		(20.5)		—
Total finite-lived intangible assets	$	496.9	$	(404.1)	$	92.8	$	1,246.2	$	(1,158.9)	$	87.3

(1)The decrease in acquired and reacquired rights was a result of divesting Starbucks retail operations in China in the third quarter of fiscal 2026.

Amortization expense for finite-lived intangible assets was $2.9 million and $5.6 million for the quarter and three quarters ended June 28, 2026, respectively, and $4.4 million and $15.8 million for the quarter and three quarters ended June 29, 2025, respectively.

Estimated future amortization expense as of June 28, 2026 (in millions):


Fiscal Year	Total
2026 (excluding the three quarters ended June 28, 2026)	$	3.0
2027	12.0
2028	8.2
2029	4.8
2030	4.7
Thereafter	60.1
Total estimated future amortization expense	$	92.8

Changes in the carrying amount of goodwill by reportable operating segment (in millions):


	North America		International		Channel Development		Corporate and Other		Total
Goodwill balance at September 28, 2025	$	490.6	$	2,842.6	$	34.7	$	1.0	$	3,368.9
Divestiture (1)	—		(2,146.3)		—		(1.0)		(2,147.3)

Other (2)	(0.5)		17.7		—		—		17.2
Goodwill balance at June 28, 2026	$	490.1	$	714.0	$	34.7	$	—	$	1,238.8

(1)The decrease in the International segment was a result of divesting Starbucks retail operations in China in the third quarter of fiscal 2026.