GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)

6 Months Ended

May 01, 2022

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:

	Production &		Small Ag		Construction
	Precision Ag		& Turf		& Forestry		Total
Goodwill at November 1, 2020	$	333	$	268	$	2,480	$	3,081
Acquisition		12						12
Translation adjustments		10		(2)		89		97
Goodwill at May 2, 2021	$	355	$	266	$	2,569	$	3,190
Goodwill at October 31, 2021	$	542	$	265	$	2,484	$	3,291
Acquisitions		122		69		600		791
Translation adjustments		(11)		(7)		(252)		(270)
Goodwill at May 1, 2022	$	653	$	327	$	2,832	$	3,812

There were no accumulated goodwill impairment losses in the reported periods.

Components of Other Intangible Assets

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

	May 1		October 31		May 2
	2022		2021		2021
Amortized intangible assets:
Customer lists and relationships	$	520	$	542	$	549
Technology, patents, trademarks, and other		1,350		1,104		1,097
Total at cost		1,870		1,646		1,646
Less accumulated amortization:
Customer lists and relationships		158		151		136
Technology, patents, trademarks, and other		360		343		323
Total accumulated amortization		518		494		459
Amortized intangible assets, net		1,352		1,152		1,187
Unamortized intangible assets:
In-process research and development				123		123
Other intangible assets – net	$	1,352	$	1,275	$	1,310