The following table shows the changes in goodwill (which includes no accumulated impairment losses) during the three months ended July 31, 2026:


(Dollars in millions)	Goodwill
Balance at April 30, 2026	$	1,522






Foreign currency translation adjustment	(9)

Balance at July 31, 2026	$	1,513


	April 30, 2026						July 31, 2026
(Dollars in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Definite-lived intangible assets:
Supply contract	$	88	$	(11)	$	77	$	88	$	(11)	$	77
Indefinite-lived intangible assets:
Trademarks and brand names	866				866		859				859
Total other intangible assets	$	954			$	943	$	947			$	936

Definite-lived intangible assets. The definite-lived supply contract intangible asset relates to a barrel supply agreement that we obtained as partial consideration for the sale of the Brown-Forman Cooperage facility and related assets on May 1, 2025 (refer to Note 5). Amortization related to the supply contract used in the purchase of barrels will be capitalized into inventories. The supply contract will be amortized based on the actual realization of the benefit over the term of the contract. We expect to realize the benefit over seven years. There were no amounts of amortization capitalized into inventories during the three months ended July 31, 2025 and 2026.

Indefinite-lived intangible assets. The decrease in the indefinite-lived intangible assets from April 30, 2026 to July 31, 2026, was primarily driven by the impact of foreign exchange rates.