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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)

6 Months Ended

May 02, 2021

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:


		Production &			Small Ag			Construction
		Precision Ag			& Turf			& Forestry			Total
Goodwill at November 3, 2019		$	310		$	264		$	2,343		$	2,917
Translation adjustments and other			(5)			(4)			9
Goodwill at May 3, 2020		$	305		$	260		$	2,352		$	2,917

Goodwill at November 1, 2020		$	333		$	268		$	2,480		$	3,081
Acquisition			12									12
Translation adjustments and other			10			(2)			89			97
Goodwill at May 2, 2021		$	355		$	266		$	2,569		$	3,190

There were no accumulated goodwill impairment losses in the reported periods.

Components of Other Intangible Assets

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


		May 2			November 1			May 3
		2021			2020			2020
Amortized intangible assets:
Customer lists and relationships		$	549		$	535		$	509
Technology, patents, trademarks, and other			1,097			1,056			1,006
Total at cost			1,646			1,591			1,515
Less accumulated amortization:
Customer lists and relationships			136			113			93
Technology, patents, trademarks, and other			323			274			234
Total accumulated amortization			459			387			327
Amortized intangible assets, net			1,187			1,204			1,188
Unamortized intangible assets:
In-process research and development			123			123			123
Other intangible assets – net		$	1,310		$	1,327		$	1,311