GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)

12 Months Ended

Oct. 31, 2015

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:

	Agriculture		Construction
	and		and
	Turf		Forestry		Total
Balance at October 31, 2013	$	302	$	603	$	905
Less accumulated impairment losses		60				60
Net balance		242		603		845
Divestiture*		(60)				(60)
Translation adjustments and other		(7)		(47)		(54)
Balance at October 31, 2014		235		556		791
Less accumulated impairment losses*
Net balance		235		556		791
Translation adjustments and other		(8)		(57)		(65)
Goodwill at October 31, 2015	$	227	$	499	$	726

*Accumulated impairment losses were also reduced by $60 million related to the sale of the Water operations (see Note 4).

Components of Other Intangible Assets

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

	Useful Lives*
	(Years)	2015		2014
Amortized intangible assets:
Customer lists and relationships	14	$	23	$	20
Technology, patents, trademarks and other	17		96		90
Total at cost			119		110
Less accumulated amortization**			55		45
Total			64		65
Unamortized intangible assets:
Licenses					4
Other intangible assets-net		$	64	$	69

*Weighted-averages

**Accumulated amortization at 2015 and 2014 for customer lists and relationships was  $10 million and $9 million and technology, patents, trademarks and other was $45 million and $36 million, respectively.