XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.8.0.1

GOODWILL AND OTHER INTANGIBLE ASSETS-NET | 3 Months Ended
--- | ---
Jan. 28, 2018
GOODWILL AND OTHER INTANGIBLE ASSETS-NET |
GOODWILL AND OTHER INTANGIBLE ASSETS-NET | (13) 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 30, 2016 |  | $ | 323 |  | $ | 493 |  | $ | 816 |
Translation adjustments |  |  | (5) |  |  | (2) |  |  | (7) |
Goodwill at January 29, 2017 |  | $ | 318 |  | $ | 491 |  | $ | 809 |
Goodwill at October 29, 2017 |  | $ | 521 |  | $ | 512 |  | $ | 1,033 |
Acquisitions * |  |  |  |  |  | 2,062 |  |  | 2,062 |
Divestitures ** |  |  |  |  |  | (10) |  |  | (10) |
Translation adjustments |  |  | 9 |  |  | 18 |  |  | 27 |
Goodwill at January 28, 2018 |  | $ | 530 |  | $ | 2,582 |  | $ | 3,112 |
* See Note 18. ** See Note 19. There were no accumulated impairment losses in the reported periods. The components of other intangible assets were as follows in millions of dollars:
|  | Useful Lives * |  | January 28 |  | October 29 |  | January 29 |
|  | (Years) |  | 2018 |  | 2017 |  | 2017 |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer lists and relationships |  | 16 |  | $ | 587 |  | $ | 42 |  | $ | 41 |
Technology, patents, trademarks, and other |  | 18 |  |  | 1,050 |  |  | 139 |  |  | 127 |
Total at cost |  |  |  |  | 1,637 |  |  | 181 |  |  | 168 |
Less accumulated amortization ** |  |  |  |  | 100 |  |  | 86 |  |  | 72 |
Total |  |  |  |  | 1,537 |  |  | 95 |  |  | 96 |
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
In-process research and development |  |  |  |  | 123 |  |  | 123 |  |  |  |
Other intangible assets – net |  |  |  | $ | 1,660 |  | $ | 218 |  | $ | 96 |
* Weighted-averages ** Accumulated amortization at January 28, 2018, October 29, 2017, and January 29, 2017 for customer lists and relationships totaled $21 million, $17 million, and $13 million and technology, patents, trademarks, and other totaled $79 million, $69 million, and $59 million, respectively. The amortization of other intangible assets in the first quarter of 2018 and 2017 was $13 million and $5 million, respectively. The estimated amortization expense for the next five years is as follows in millions of dollars: remainder of 2018 – $89, 2019 – $117, 2020 – $104, 2021 – $100, and 2022 – $99.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration