STARBUCKS CORP Goodwill & Intangibles Disclosure
| (in millions) | Sep 28, 2025 | Sep 29, 2024 | |||||||||
Trade names, trademarks, and patents | $ | 79.5 | $ | 79.5 | |||||||
| Sep 28, 2025 | Sep 29, 2024 | ||||||||||||||||||||||||||||||||||
| (in millions) | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | |||||||||||||||||||||||||||||
| Acquired and reacquired rights | $ | 1,053.9 | $ | (974.9) | $ | 79.0 | $ | 995.5 | $ | (995.5) | $ | — | |||||||||||||||||||||||
| Acquired trade secrets and processes | 27.6 | (27.6) | — | 27.6 | (27.6) | — | |||||||||||||||||||||||||||||
Trade names, trademarks, and patents | 131.2 | (122.9) | 8.3 | 130.4 | (110.0) | 20.4 | |||||||||||||||||||||||||||||
| Licensing agreements | 13.0 | (13.0) | — | 13.4 | (12.4) | 1.0 | |||||||||||||||||||||||||||||
| Other finite-lived intangible assets | 20.5 | (20.5) | — | 20.9 | (20.9) | — | |||||||||||||||||||||||||||||
| Total finite-lived intangible assets | $ | 1,246.2 | $ | (1,158.9) | $ | 87.3 | $ | 1,187.8 | $ | (1,166.4) | $ | 21.4 | |||||||||||||||||||||||
Fiscal Year | |||||
| 2026 | $ | 6.1 | |||
| 2027 | 5.9 | ||||
| 2028 | 5.3 | ||||
| 2029 | 4.9 | ||||
| 2030 | 4.7 | ||||
| Thereafter | 60.4 | ||||
| Total estimated future amortization expense | $ | 87.3 | |||
| North America | International | Channel Development | Corporate and Other | Total | |||||||||||||||||||||||||
Goodwill balance at October 1, 2023 | $ | 491.5 | $ | 2,691.1 | $ | 34.7 | $ | 1.0 | $ | 3,218.3 | |||||||||||||||||||
Other (1) | — | 97.4 | — | — | 97.4 | ||||||||||||||||||||||||
Goodwill balance at September 29, 2024 | $ | 491.5 | $ | 2,788.5 | $ | 34.7 | $ | 1.0 | $ | 3,315.7 | |||||||||||||||||||
Acquisition(2) | 105.7 | 105.7 | |||||||||||||||||||||||||||
Other (1) | (0.9) | (51.6) | — | — | (52.5) | ||||||||||||||||||||||||
| Goodwill balance at September 28, 2025 | $ | 490.6 | $ | 2,842.6 | $ | 34.7 | $ | 1.0 | $ | 3,368.9 | |||||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Nov 14, 2025 | Showing above |
| 2024 | Nov 20, 2024 | |
| 2023 | Nov 17, 2023 | |
| 2022 | Nov 18, 2022 | |
| 2021 | Nov 19, 2021 | |
| 2020 | Nov 12, 2020 | |
| 2019 | Nov 15, 2019 | |
| 2018 | Nov 16, 2018 | |
| 2017 | Nov 17, 2017 | |
| 2016 | Nov 18, 2016 | |
| 2015 | Nov 12, 2015 | |
About Goodwill & Intangibles Disclosures
Goodwill and intangible asset disclosures reveal the premium paid in acquisitions and how management assesses whether that premium retains its value. Since goodwill is no longer amortized under US GAAP, the annual impairment test is the only mechanism that adjusts carrying values downward — making the assumptions behind that test critically important for investors.
Key signals: a history of goodwill impairments suggests management consistently overpays for acquisitions. Watch the gap between reporting unit fair value and carrying amount — when fair value exceeds carrying amount by less than 10-20%, a small decline in business performance could trigger a write-down. For finite-lived intangibles, examine useful life assumptions across customer relationships, technology, and trade names; aggressive estimates inflate near-term earnings. Compare total intangibles-to-total-assets ratios against peers to assess acquisition dependency. Rising goodwill as a percentage of equity can signal balance sheet fragility.