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GOODWILL AND OTHER INTANGIBLE ASSETS-NET | 12 Months Ended
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Oct. 31, 2021
GOODWILL AND OTHER INTANGIBLE ASSETS-NET |
GOODWILL AND OTHER INTANGIBLE ASSETS-NET | 17. GOODWILL AND OTHER INTANGIBLE ASSETS – NET The changes in amounts of goodwill by operating segments were as follows in millions of dollars: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Production & | ​ | Small Ag | ​ | Construction | ​ | ​ | ​ |
​ |  | Precision Ag |  | & Turf |  | & Forestry |  | Total |
November 3, 2019 | ​ | $ | 310 | ​ | $ | 264 | ​ | $ | 2,343 | ​ | $ | 2,917 |
Acquisitions (Note 4) | ​ | ​ | 28 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 28 | ​
Translation adjustments and other | ​ | ​ | (5) | ​ | ​ | 4 | ​ | ​ | 137 | ​ |  | 136 | ​
November 1, 2020 | ​ | ​ | 333 | ​ | ​ | 268 | ​ | ​ | 2,480 | ​ |  | 3,081 | ​
Acquisitions (Note 4) | ​ | ​ | 201 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 201 | ​
Translation adjustments and other | ​ | ​ | 8 | ​ | ​ | (3) | ​ | ​ | 4 | ​ |  | 9 | ​
October 31, 2021 | ​ | $ | 542 | ​ | $ | 265 | ​ | $ | 2,484 | ​ | $ | 3,291 | ​
​ There were no accumulated goodwill impairment losses in the reported periods. The components of other intangible assets are as follows in millions of dollars: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020 |
Amortized intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ |
Customer lists and relationships | ​ | $ | 542 | ​ | $ | 535 |
Technology, patents, trademarks, and other | ​ |  | 1,104 | ​ |  | 1,056 | ​
Total at cost | ​ |  | 1,646 | ​ |  | 1,591 | ​
Less accumulated amortization: | ​ |  | ​ | ​ |  | ​ | ​
Customer lists and relationships | ​ | ​ | 151 | ​ | ​ | 113 | ​
Technology, patents, trademarks, and other | ​ | ​ | 343 | ​ | ​ | 274 | ​
Total accumulated amortization | ​ | ​ | 494 | ​ | ​ | 387 | ​
Amortized intangible assets | ​ |  | 1,152 | ​ | ​ | 1,204 | ​
Unamortized intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​
In-process research and development | ​ |  | 123 | ​ | ​ | 123 | ​
Other intangible assets - net |  | $ | 1,275 |  | $ | 1,327 | ​
​ Other intangible assets are stated at cost less accumulated amortization. The amortization of other intangible assets in 2021, 2020, and 2019 was $116 million, $102 million, and $109 million, respectively. The estimated amortization expense for the next five years is as follows in millions of dollars: 2022 - $113, 2023 - $112, 2024 - $108, 2025 - $105, and 2026 - $103.

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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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