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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)
6 Months Ended
Apr. 30, 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 Turf

 

and Forestry

 

Total

 

Goodwill at November 1, 2015

 

$

227

 

$

499

 

$

726

 

Acquisitions

 

 

92

 

 

 

 

 

92

 

Translation adjustments

 

 

3

 

 

14

 

 

17

 

Goodwill at May 1, 2016

 

$

322

 

$

513

 

$

835

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill at October 30, 2016

 

$

323

 

$

493

 

$

816

 

Translation adjustments and other

 

 

(10)

 

 

 

 

 

(10)

 

Goodwill at April 30, 2017

 

$

313

 

$

493

 

$

806

 

 

Components of Other Intangible Assets

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Useful Lives *

    

April 30

    

October 30

    

May 1

 

 

 

(Years)

 

2017

 

2016

 

2016

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

12

 

$

39

 

$

42

 

$

42

 

Technology, patents, trademarks, and other

 

14

 

 

129

 

 

131

 

 

140

 

Total at cost

 

 

 

 

168

 

 

173

 

 

182

 

Less accumulated amortization **

 

 

 

 

77

 

 

69

 

 

61

 

Other intangible assets – net

 

 

 

$

91

 

$

104

 

$

121

 

*  Weighted-averages

**Accumulated amortization at April 30, 2017, October 30, 2016, and May 1, 2016 for customer lists and relationships totaled $15 million, $11 million, and $10 million and technology, patents, trademarks, and other totaled $62 million, $58 million, and $51 million, respectively.