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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)
3 Months Ended
Jan. 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 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.

Components of Other Intangible Assets

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.