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

 

 

94

 

 

 

 

 

94

 

Translation adjustments

 

 

3

 

 

1

 

 

4

 

Goodwill at July 31, 2016

 

$

324

 

$

500

 

$

824

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill at October 30, 2016

 

$

323

 

$

493

 

$

816

 

Translation adjustments and other

 

 

5

 

 

25

 

 

30

 

Goodwill at July 30, 2017

 

$

328

 

$

518

 

$

846

 

 

Components of Other Intangible Assets

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Useful Lives *

    

July 30

    

October 30

    

July 31

 

 

 

(Years)

 

2017

 

2016

 

2016

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

11

 

$

42

 

$

42

 

$

43

 

Technology, patents, trademarks, and other

 

12

 

 

132

 

 

131

 

 

132

 

Total at cost

 

 

 

 

174

 

 

173

 

 

175

 

Less accumulated amortization **

 

 

 

 

82

 

 

69

 

 

65

 

Other intangible assets – net

 

 

 

$

92

 

$

104

 

$

110

 

*  Weighted-averages

**Accumulated amortization at July 30, 2017, October 30, 2016, and July 31, 2016 for customer lists and relationships totaled $16 million, $11 million, and $11 million and technology, patents, trademarks, and other totaled $66 million, $58 million, and $54 million, respectively.