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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)
12 Months Ended
Oct. 29, 2017
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 November 1, 2015

 

$

227

 

$

499

 

$

726

 

Acquisitions*

 

 

95

 

 

 

 

 

95

 

Translation adjustments and other

 

 

 1

 

 

(6)

 

 

(5)

 

Goodwill at October 30, 2016

 

 

323

 

 

493

 

 

816

 

Acquisitions*

 

 

193

 

 

 

 

 

193

 

Translation adjustments and other

 

 

 5

 

 

19

 

 

24

 

Goodwill at October 29, 2017

 

$

521

 

$

512

 

$

1,033

 

*    See Note 4.

 

Components of Other Intangible Assets

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

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Lives*

 

 

 

 

 

 

 

 

  

(Years)

  

 2017 

  

 2016 

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

11

 

$

42

 

$

42

 

Technology, patents, trademarks, and other

 

13

 

 

139

 

 

131

 

Total at cost

 

 

 

 

181

 

 

173

 

Less accumulated amortization**

 

 

 

 

86

 

 

69

 

Total

 

 

 

 

95

 

 

104

 

Unamortized intangible assets:

 

 

 

 

 

 

 

 

 

In-process research and development***

 

 

 

 

123

 

 

 

 

Other intangible assets – net

 

 

 

$

218

 

$

104

 

*    Weighted-averages

**  Accumulated amortization at 2017 and 2016 for customer lists and relationships was $17 million and $11 million and technology, patents, trademarks, and other was $69 million and $58 million, respectively.

***See Note 4.