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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)
3 Months Ended
Jan. 27, 2019
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 29, 2017

 

$

521

 

$

512

 

$

1,033

 

Acquisitions

 

 

 

 

 

2,062

 

 

2,062

 

Divestitures

 

 

 

 

 

(10)

 

 

(10)

 

Translation adjustments

 

 

9

 

 

18

 

 

27

 

Goodwill at January 28, 2018

 

$

530

 

$

2,582

 

$

3,112

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill at October 28, 2018

 

$

583

 

$

2,518

 

$

3,101

 

Translation adjustments and other

 

 

2

 

 

(55)

 

 

(53)

 

Goodwill at January 27, 2019

 

$

585

 

$

2,463

 

$

3,048

 

There were no accumulated impairment losses in the reported periods.

Components of Other Intangible Assets

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Useful Lives *

    

January 27

    

October 28

    

January 28 

 

 

 

(Years)

 

2019

 

2018

 

2018

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

16

 

$

538

 

$

542

 

$

587

 

Technology, patents, trademarks, and other

 

18

 

 

1,054

 

 

1,080

 

 

1,050

 

Total at cost

 

 

 

 

1,592

 

 

1,622

 

 

1,637

 

Less accumulated amortization **

 

 

 

 

207

 

 

183

 

 

100

 

Total

 

 

 

 

1,385

 

 

1,439

 

 

1,537

 

Unamortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

In-process research and development

 

 

 

 

123

 

 

123

 

 

123

 

Other intangible assets – net

 

 

 

$

1,508

 

$

1,562

 

$

1,660

 

*  Weighted-averages

**Accumulated amortization at January 27, 2019, October 28, 2018, and January 28, 2018 for customer lists and relationships totaled $54 million, $46 million, and $21 million and technology, patents, trademarks, and other totaled $153 million, $137 million, and $79 million, respectively.