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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)

12 Months Ended

Nov. 01, 2020

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		​	and		​	​	​
​		Turf			Forestry			Total
Goodwill at October 28, 2018	​	$	583	​	$	2,518	​	$	3,101
Divestitures*	​	​	​	​	​	(22)	​	​	(22)	​
Translation adjustments and other	​	​	(9)	​	​	(153)	​		(162)	​
Goodwill at November 3, 2019	​	​	574	​	​	2,343	​		2,917	​
Acquisition*	​	​	28	​	​	​	​	​	28	​
Translation adjustments and other	​	​	(1)	​	​	137	​		136	​
Goodwill at November 1, 2020	​	$	601	​	$	2,480	​	$	3,081	​

*    See Note 4.

​

Components of Other Intangible Assets

The components of other intangible assets are as follows in millions of dollars:

​

​	​	​	​	​	​	​	​
​		2020			2019
Amortized intangible assets:	​	​	​	​	​	​
Customer lists and relationships	​	$	535	​	$	511
Technology, patents, trademarks, and other	​		1,056	​		1,028	​
Total at cost	​		1,591	​		1,539	​
Less accumulated amortization*	​		387	​		282	​
Total	​		1,204	​	​	1,257	​
Unamortized intangible assets:	​	​	​	​	​	​	​
In-process research and development	​		123	​	​	123	​
Other intangible assets - net		$	1,327		$	1,380	​

*  Accumulated amortization at 2020 and 2019 for customer lists and relationships was $113 million and $77 million and technology, patents, trademarks, and other was $274 million and $205 million, respectively.

​

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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