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ACQUISITIONS AND DISPOSITIONS (Tables)
12 Months Ended
Oct. 30, 2022
Kreisel  
Preliminary Fair Values Assigned to Assets and Liabilities as of the Acquisition Date The preliminary fair values assigned to the assets and liabilities of the acquired entity in millions of dollars, which is based on information as of the acquisition date and available at October 30, 2022 follows:

February 2022

Trade accounts and notes receivable

$

2

Other receivables

11

Inventories

11

Property and equipment

11

Goodwill

218

Other intangible assets

178

Other assets

6

Total assets

$

437

Accounts payable and accrued expenses

$

26

Deferred income taxes

39

Redeemable noncontrolling interest

$

96

Excavator Factories  
Total Invested Capital The total invested capital is as follows in millions of dollars:

March 2022

Cash consideration for factories

$

205

Cash consideration for license agreement

70

Deferred consideration

271

Total purchase price consideration

546

Less: Cash obtained

(187)

Less: Settlement of intercompany balances

(113)

Net purchase price consideration

246

Fair value of previously held equity investment

444

Total invested capital

$

690

Preliminary Fair Values Assigned to Assets and Liabilities as of the Acquisition Date

The preliminary fair values assigned to the assets and liabilities of the acquired factories in millions of dollars, which are based on information as of the acquisition date and available at October 30, 2022, follow:

March 2022

Other receivables

$

29

Inventories

286

Property and equipment

180

Goodwill

529

Other intangible assets

70

Deferred income taxes

56

Other assets

3

Total assets

$

1,153

Accounts payable and accrued expenses

$

300

Long-term borrowings

163

Total liabilities

$

463

Other Acquisitions  
Preliminary Fair Values Assigned to Assets and Liabilities as of the Acquisition Date The preliminary asset and liability fair values at the respective acquisition dates follow in millions of dollars:

October 2022

Trade accounts and notes receivable

$

8

Inventories

8

Property and equipment

4

Goodwill

53

Other intangible assets

21

Other assets

60

Total assets

$

154

Accounts payable and accrued expenses

$

6

Deferred income taxes

5

Total liabilities

$

11

Redeemable noncontrolling interest

$

9

Bear Flag  
Preliminary Fair Values Assigned to Assets and Liabilities as of the Acquisition Date The asset and liability fair values at the acquisition date in millions of dollars follow:

August 2021

Property and equipment

$

1

Goodwill

189

Other intangible assets

54

Total assets

$

244

Accounts payable and accrued expenses

$

1

Deferred income taxes

18

Total liabilities

$

19

Unimil  
Preliminary Fair Values Assigned to Assets and Liabilities as of the Acquisition Date The asset and liability fair values at the acquisition date in millions of dollars follow:

September 2020

Trade accounts and notes receivable

$

5

Other receivables

2

Inventories

10

Property and equipment

22

Goodwill

28

Other intangible assets

13

Total assets

$

80

Accounts payable and accrued expenses

$

5

Deferred income taxes

9

Total liabilities

$

14