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GOODWILL AND OTHER INTANGIBLE ASSETS-NET | 3 Months Ended
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Jan. 27, 2019
GOODWILL AND OTHER INTANGIBLE ASSETS-NET |
GOODWILL AND OTHER INTANGIBLE ASSETS-NET | (14) Goodwill and Other Intangible Assets-Net 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 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 |
Goodwill at October 28, 2018 |  | $ | 583 |  | $ | 2,518 |  | $ | 3,101 |
Translation adjustments and other |  |  | 2 |  |  | (55) |  |  | (53) |
Goodwill at January 27, 2019 |  | $ | 585 |  | $ | 2,463 |  | $ | 3,048 |
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 27 |  | October 28 |  | January 28 |
|  | (Years) |  | 2019 |  | 2018 |  | 2018 |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer lists and relationships |  | 16 |  | $ | 538 |  | $ | 542 |  | $ | 587 |
Technology, patents, trademarks, and other |  | 18 |  |  | 1,054 |  |  | 1,080 |  |  | 1,050 |
Total at cost |  |  |  |  | 1,592 |  |  | 1,622 |  |  | 1,637 |
Less accumulated amortization ** |  |  |  |  | 207 |  |  | 183 |  |  | 100 |
Total |  |  |  |  | 1,385 |  |  | 1,439 |  |  | 1,537 |
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
In-process research and development |  |  |  |  | 123 |  |  | 123 |  |  | 123 |
Other intangible assets – net |  |  |  | $ | 1,508 |  | $ | 1,562 |  | $ | 1,660 |
* Weighted-averages ** Accumulated amortization at January 27, 2019, October 28, 2018, and January 28, 2018 for customer lists and relationships totaled $54 million, $46 million, and $21 million and technology, patents, trademarks, and other totaled $153 million, $137 million, and $79 million, respectively. The amortization of other intangible assets in the first quarter of 2019 and 2018 was $27 million and $13 million, respectively. The estimated amortization expense for the next five years is as follows in millions of dollars: remainder of 2019 – $108, 2020 – $102, 2021 – $99, 2022 – $99, and 2023 – $96.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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