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GOODWILL AND OTHER INTANGIBLE ASSETS - NET | 3 Months Ended
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Jan. 28, 2024
GOODWILL AND OTHER INTANGIBLE ASSETS - NET |
GOODWILL AND OTHER INTANGIBLE ASSETS - NET | (11) Goodwill and Other Intangible Assets – Net The changes in amounts of goodwill by operating segments were as follows. There were no accumulated goodwill impairment losses.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Production & Precision Ag | ​ | Small Ag & Turf | ​ | Construction & Forestry | ​ | Total |
Goodwill at October 30, 2022 | ​ | $ | 646 | ​ | $ | 318 | ​ | $ | 2,723 | ​ | $ | 3,687 | ​
Translation adjustments | ​ |  | 15 | ​ | ​ | 7 | ​ | ​ | 182 | ​ |  | 204 | ​
Goodwill at January 29, 2023 | ​ | $ | 661 | ​ | $ | 325 | ​ | $ | 2,905 | ​ | $ | 3,891 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Goodwill at October 29, 2023 | ​ | $ | 702 | ​ | $ | 363 | ​ | $ | 2,835 | ​ | $ | 3,900 | ​
Translation adjustments | ​ | ​ | 4 | ​ | ​ | 2 | ​ | ​ | 60 | ​ | ​ | 66 | ​
Goodwill at January 28, 2024 | ​ | $ | 706 | ​ | $ | 365 | ​ | $ | 2,895 | ​ | $ | 3,966 | ​
​ The components of other intangible assets were as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | January 28 |  | October 29 |  | January 29 |
​ | ​ | 2024 | ​ | 2023 | ​ | 2023 |
Customer lists and relationships |  | $ | 509 | ​ | $ | 501 | ​ | $ | 522 | ​
Technology, patents, trademarks, and other | ​ | ​ | 1,412 | ​ |  | 1,387 | ​ |  | 1,387 | ​
Total at cost | ​ | ​ | 1,921 | ​ |  | 1,888 | ​ |  | 1,909 | ​
Less accumulated amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Customer lists and relationships | ​ | ​ | 207 | ​ | ​ | 195 | ​ | ​ | 184 | ​
Technology, patents, trademarks, and other | ​ | ​ | 602 | ​ | ​ | 560 | ​ | ​ | 470 | ​
Total accumulated amortization | ​ | ​ | 809 | ​ | ​ | 755 | ​ | ​ | 654 | ​
Other intangible assets – net |  | $ | 1,112 | ​ | $ | 1,133 | ​ | $ | 1,255 | ​
​ The amortization of other intangible assets in the first quarter of 2024 and 2023 was $42 and $39, respectively. The estimated amortization expense for the next five years is as follows: remainder of 2024 – $131, 2025 – $144, 2026 – $121, 2027 – $119, 2028 – $87, and 2029 – $74.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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