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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)
6 Months Ended
Apr. 29, 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 and other

 

 

(10)

 

 

 

 

 

(10)

 

Goodwill at April 30, 2017

 

$

313

 

$

493

 

$

806

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill at October 29, 2017

 

$

521

 

$

512

 

$

1,033

 

Acquisitions *

 

 

25

 

 

2,060

 

 

2,085

 

Divestitures **

 

 

 

 

 

(10)

 

 

(10)

 

Translation adjustments

 

 

5

 

 

76

 

 

81

 

Goodwill at April 29, 2018

 

$

551

 

$

2,638

 

$

3,189

 

*  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 *

    

April 29

    

October 29

    

April 30

 

 

 

(Years)

 

2018

 

2017

 

2017

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

16

 

$

590

 

$

42

 

$

39

 

Technology, patents, trademarks, and other

 

18

 

 

1,109

 

 

139

 

 

129

 

Total at cost

 

 

 

 

1,699

 

 

181

 

 

168

 

Less accumulated amortization **

 

 

 

 

130

 

 

86

 

 

77

 

Total

 

 

 

 

1,569

 

 

95

 

 

91

 

Unamortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

In-process research and development

 

 

 

 

123

 

 

123

 

 

 

 

Other intangible assets – net

 

 

 

$

1,692

 

$

218

 

$

91

 

*  Weighted-averages

**Accumulated amortization at April 29, 2018, October 29, 2017, and April 30, 2017 for customer lists and relationships totaled $30 million, $17 million, and $15 million and technology, patents, trademarks, and other totaled $100 million, $69 million, and $62 million, respectively.