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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)

3 Months Ended

Jan. 30, 2022

GOODWILL AND OTHER INTANGIBLE ASSETS-NET

Changes in Goodwill by Operating Segments

The changes in amounts of goodwill by operating segment were as follows in millions of dollars:


		Production & Precision Ag			Small Ag & Turf			Construction & Forestry			Total
Goodwill at November 1, 2020		$	333		$	268		$	2,480		$	3,081
Acquisition			12									12
Translation adjustments and other			12			(1)			90			101
Goodwill at January 31, 2021		$	357		$	267		$	2,570		$	3,194

Goodwill at October 31, 2021		$	542		$	265		$	2,484		$	3,291
Acquisition			7			7			4			18
Translation adjustments and other			(5)			(2)			(110)			(117)
Goodwill at January 30, 2022		$	544		$	270		$	2,378		$	3,192

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:


		January 30			October 31			January 31
		2022			2021			2021
Amortized intangible assets:
Customer lists and relationships		$	526		$	542		$	553
Technology, patents, trademarks, and other			1,066			1,104			1,099
Total at cost			1,592			1,646			1,652
Less accumulated amortization:
Customer lists and relationships			156			151			128
Technology, patents, trademarks, and other			350			343			305
Total accumulated amortization			506			494			433
Amortized intangible assets			1,086			1,152			1,219
Unamortized intangible assets:
In-process research and development			123			123			123
Other intangible assets – net		$	1,209		$	1,275		$	1,342