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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)
9 Months Ended
Jul. 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 Turf

 

and Forestry

 

Total

 

Goodwill at October 31, 2014

 

$

235

 

$

556

 

$

791

 

Translation adjustments

 

 

(17)

 

 

(58)

 

 

(75)

 

Goodwill at July 31, 2015

 

$

218

 

$

498

 

$

716

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill at October 31, 2015

 

$

227

 

$

499

 

$

726

 

Acquisitions *

 

 

94

 

 

 

 

 

94

 

Translation adjustments

 

 

3

 

 

1

 

 

4

 

Goodwill at July 31, 2016

 

$

324

 

$

500

 

$

824

 

*See Note 18.

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)

 

2016

 

2015

 

2015

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

11

 

$

43

 

$

23

 

$

19

 

Technology, patents, trademarks and other

 

15

 

 

132

 

 

96

 

 

91

 

Total at cost

 

 

 

 

175

 

 

119

 

 

110

 

Less accumulated amortization **

 

 

 

 

65

 

 

55

 

 

52

 

Other intangible assets - net

 

 

 

$

110

 

$

64

 

$

58

 

*Weighted-averages

**Accumulated amortization at July 31, 2016, October 31, 2015 and July 31, 2015 for customer lists and relationships totaled $11 million for each period and technology, patents, trademarks and other totaled $54 million, $45 million and $42 million, respectively.