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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)
12 Months Ended
Oct. 31, 2016
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   

 

Goodwill at October 31, 2014

 

$

235

 

$

556

 

$

791

 

Translation adjustments and other

 

 

(8)

 

 

(57)

 

 

(65)

 

Goodwill at October 31, 2015

 

 

227

 

 

499

 

 

726

 

Acquisitions*

 

 

95

 

 

 

 

 

95

 

Translation adjustments and other

 

 

1

 

 

(6)

 

 

(5)

 

Goodwill at October 31, 2016

 

$

323

 

$

493

 

$

816

 

*    See Note 4.

Components of Other Intangible Assets

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

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Lives*

 

 

 

 

 

 

 

 

  

(Years)

  

 2016 

  

 2015 

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

11

 

$

42

 

$

23

 

Technology, patents, trademarks and other

 

15

 

 

131

 

 

96

 

Total at cost

 

 

 

 

173

 

 

119

 

Less accumulated amortization**

 

 

 

 

69

 

 

55

 

Other intangible assets – net

 

 

 

$

104

 

$

64

 

*    Weighted-averages

**  Accumulated amortization at 2016 and 2015 for customer lists and relationships was $11 million and $10 million and technology, patents, trademarks and other was $58 million and $45 million, respectively.