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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)
12 Months Ended
Oct. 28, 2018
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

 

and

 

 

 

 

 

  

Turf

  

Forestry

  

   Total   

 

Goodwill at October 30, 2016

 

$

323

 

$

493

 

$

816

 

Acquisitions*

 

 

193

 

 

   

 

 

193

 

Translation adjustments and other

 

 

 5

 

 

19

 

 

24

 

Goodwill at October 29, 2017

 

 

521

 

 

512

 

 

1,033

 

Acquisitions*

 

 

71

 

 

2,068

 

 

2,139

 

Divestitures*

 

 

 

 

 

(18)

 

 

(18)

 

Translation adjustments

 

 

(9)

 

 

(44)

 

 

(53)

 

Goodwill at October 28, 2018

 

$

583

 

$

2,518

 

$

3,101

 

*    See Note 4.

 

Components of Other Intangible Assets

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

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Lives*

 

 

 

 

 

 

 

 

  

(Years)

  

 2018 

  

 2017 

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

16

 

$

542

 

$

42

 

Technology, patents, trademarks, and other

 

18

 

 

1,080

 

 

139

 

Total at cost

 

 

 

 

1,622

 

 

181

 

Less accumulated amortization**

 

 

 

 

183

 

 

86

 

Total

 

 

 

 

1,439

 

 

95

 

Unamortized intangible assets:

 

 

 

 

 

 

 

 

 

In-process research and development***

 

 

 

 

123

 

 

123

 

Other intangible assets - net

 

 

 

$

1,562

 

$

218

 

*    Weighted-averages

**  Accumulated amortization at 2018 and 2017 for customer lists and relationships was $46 million and $17 million and technology, patents, trademarks, and other was $137 million and $69 million, respectively.

***See Note 4.