GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)

9 Months Ended

Jul. 31, 2014

GOODWILL AND OTHER INTANGIBLE ASSETS-NET

Changes in Goodwill by Operating Segment

The changes in amounts of goodwill by operating segments were as follows in millions of dollars:

	Agriculture and Turf		Construction and Forestry		Total
Balance October 31, 2012:
Goodwill	$	686	$	584	$	1,270
Less accumulated impairment losses	349				349
Goodwill-net	337		584		921
Translation adjustments	(5)		8		3
Balance July 31, 2013:
Goodwill	681		592		1,273
Less accumulated impairment losses	349				349
Goodwill-net	$	332	$	592	$	924
Balance October 31, 2013:
Goodwill	$	302	$	603	$	905
Less accumulated impairment losses *	60				60
Goodwill-net	242		603		845
Divestitures	(60)				(60)
Translation adjustments and other			(15)		(15)
Balance July 31, 2014:
Goodwill	242		588		830
Less accumulated impairment losses **
Goodwill-net	$	242	$	588	$	830

* Accumulated impairment losses were reduced by $289 million related to Landscapes reclassification to held for sale (see Note 18).

** Accumulated impairment losses were reduced by $60 million related to the divestiture of the Water operations (see Note 19).

Components of Other Intangible Assets

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

	Useful Lives *	July 31		October 31		July 31
	Years	2014		2013		2013
Amortized intangible assets:
Customer lists and relationships	15	$	20	$	20	$	73
Technology, patents, trademarks and other	19	88		88		93
Total at cost		108		108		166
Less accumulated amortization **		43		35		89
Total		65		73		77
Unamortized intangible assets:
Licenses		4		4		4
Other intangible assets-net		$	69	$	77	$	81

* Weighted-averages

** Accumulated amortization at July 31, 2014, October 31, 2013 and July 31, 2013 for customer lists and relationships totaled $9 million, $8 million and $50 million and technology, patents, trademarks and other totaled $34 million, $27 million and $39 million, respectively.