GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)

9 Months Ended

Jul. 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		5		25		30
Goodwill at July 30, 2017	$	328	$	518	$	846

Goodwill at October 29, 2017	$	521	$	512	$	1,033
Acquisitions *		28		2,067		2,095
Divestitures **				(18)		(18)
Translation adjustments		(4)		(59)		(63)
Goodwill at July 29, 2018	$	545	$	2,502	$	3,047

* 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 *	July 29		October 29		July 30
	(Years)	2018		2017		2017
Amortized intangible assets:
Customer lists and relationships	16	$	562	$	42	$	42
Technology, patents, trademarks, and other	18		1,052		139		132
Total at cost			1,614		181		174
Less accumulated amortization **			156		86		82
Total			1,458		95		92
Unamortized intangible assets:
In-process research and development			123		123
Other intangible assets – net		$	1,581	$	218	$	92

* Weighted-averages

** Accumulated amortization at July 29, 2018, October 29, 2017, and July 30, 2017 for customer lists and relationships totaled $38 million, $17 million, and $16 million and technology, patents, trademarks, and other totaled $118 million, $69 million, and $66 million, respectively.