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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)
6 Months Ended
Apr. 30, 2012
GOODWILL AND OTHER INTANGIBLE ASSETS-NET  
Changes in Goodwill by Operating Segment

 

 

Agriculture
and Turf

 

Construction
and Forestry

 

Total

Balance October 31, 2010:

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

705

 

 

 

$

610

 

 

 

$

1,315

 

Less accumulated impairment losses

 

316

 

 

 

 

 

 

 

316

 

Goodwill-net

 

389

 

 

 

610

 

 

 

999

 

 

 

 

 

 

 

 

 

 

 

 

 

Translation adjustments

 

9

 

 

 

34

 

 

 

43

 

Other

 

(3

)

 

 

 

 

 

 

(3

)

 

 

 

 

 

 

 

 

 

 

 

 

Balance April 30, 2011:

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

711

 

 

 

644

 

 

 

1,355

 

Less accumulated impairment losses

 

316

 

 

 

 

 

 

 

316

 

Goodwill-net

 

$

395

 

 

 

$

644

 

 

 

$

1,039

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance October 31, 2011:

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

701

 

 

 

$

615

 

 

 

$

1,316

 

Less accumulated impairment losses

 

316

 

 

 

 

 

 

 

316

 

Goodwill-net

 

385

 

 

 

615

 

 

 

1,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Translation adjustments

 

(10

)

 

 

(25

)

 

 

(35

)

 

 

 

 

 

 

 

 

 

 

 

 

Balance April 30, 2012:

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

691

 

 

 

590

 

 

 

1,281

 

Less accumulated impairment losses

 

316

 

 

 

 

 

 

 

316

 

Goodwill-net

 

$

375

 

 

 

$

590

 

 

 

$

965

 



Components of Other Intangible Assets

 

 

 

 

Useful Lives *

 

April 30

 

 

(Years)

 

 

2012

 

 

 

2011

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

14

 

 

$

102

 

 

 

$

111

 

Technology, patents, trademarks and other

 

15

 

 

106

 

 

 

97

 

Total at cost

 

 

 

 

208

 

 

 

208

 

Less accumulated amortization **

 

 

 

 

98

 

 

 

81

 

Total

 

 

 

 

110

 

 

 

127

 

Unamortized intangible assets:

 

 

 

 

 

 

 

 

 

 

Licenses

 

 

 

 

4

 

 

 

4

 

Other intangible assets-net

 

 

 

 

$

114

 

 

 

$

131

 

 

*       Weighted-averages

**    Accumulated amortization at April 30, 2012 and 2011 for customer lists and relationships totaled $56 million and $50 million and technology, patents, trademarks and other totaled $42 million and $31 million, respectively.