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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)
3 Months Ended
Jan. 31, 2016
GOODWILL AND OTHER INTANGIBLE ASSETS-NET  
Changes in Goodwill by Operating Segments

The changes in amounts of goodwill by operating segments were as follows in millions of dollars:

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Agriculture

    

Construction

    

 

 

 

 

 

and Turf

 

and Forestry

 

Total

 

Goodwill at October 31, 2014

 

$

235

 

$

556

 

$

791

 

Translation adjustments

 

 

(8)

 

 

(42)

 

 

(50)

 

Goodwill at January 31, 2015

 

$

227

 

$

514

 

$

741

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill at October 31, 2015

 

$

227

 

$

499

 

$

726

 

Translation adjustments

 

 

(3)

 

 

(4)

 

 

(7)

 

Goodwill at January 31, 2016

 

$

224

 

$

495

 

$

719

 

 

Components of Other Intangible Assets

The components of other intangible assets were as follows in millions of dollars:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Useful Lives *

    

January 31

    

October 31

    

January 31

 

 

 

(Years)

 

2016

 

2015

 

2015

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

14

 

$

22

 

$

23

 

$

20

 

Technology, patents, trademarks and other

 

16

 

 

96

 

 

96

 

 

90

 

Total at cost

 

 

 

 

118

 

 

119

 

 

110

 

Less accumulated amortization **

 

 

 

 

58

 

 

55

 

 

48

 

Other intangible assets-net

 

 

 

$

60

 

$

64

 

$

62

 

*Weighted-averages

**Accumulated amortization at January 31, 2016, October 31, 2015 and January 31, 2015 for customer lists and relationships totaled $10 million for each period and technology, patents, trademarks and other totaled $48 million, $45 million and $38 million, respectively.