Finite-Lived Intangible Assets


	Mar 29, 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)	$	312.3	$	(235.2)	$	77.1	$	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	130.2		(123.9)		6.3		131.2		(122.9)		8.3
Licensing agreements	12.2		(12.2)		—		13.0		(13.0)		—
Other finite-lived intangible assets	18.6		(5.5)		13.1		20.5		(20.5)		—
Total finite-lived intangible assets	$	500.9	$	(404.4)	$	96.5	$	1,246.2	$	(1,158.9)	$	87.3

(1)The decrease in acquired and reacquired rights was a result of Starbucks retail operations in China being classified as held for sale.

Amortization expense for finite-lived intangible assets was $1.2 million and $2.7 million for the quarter and two quarters ended March 29, 2026, respectively, and $5.8 million and $11.4 million for the quarter and two quarters ended March 30, 2025, respectively.

Estimated future amortization expense as of March 29, 2026 (in millions):


Fiscal Year	Total
2026 (excluding the two quarters ended March 29, 2026)	$	6.1
2027	12.0
2028	8.2
2029	4.9
2030	4.7
Thereafter	60.6
Total estimated future amortization expense	$	96.5

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)	—		(2,100.0)		—		—		(2,100.0)

Other (2)	0.2		26.0		—		—		26.2
Goodwill balance at March 29, 2026	$	490.8	$	768.6	$	34.7	$	1.0	$	1,295.1

(1)The decrease in the International segment was a result of Starbucks retail operations in China being classified as held for sale.