GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)

9 Months Ended

Jul. 31, 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		13		(3)		45		55
Goodwill at August 1, 2021	$	358	$	265	$	2,525	$	3,148
Goodwill at October 31, 2021	$	542	$	265	$	2,484	$	3,291
Acquisitions		132		69		597		798
Translation adjustments		(23)		(11)		(301)		(335)
Goodwill at July 31, 2022	$	651	$	323	$	2,780	$	3,754

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:

	July 31		October 31		August 1
	2022		2021		2021
Amortized intangible assets:
Customer lists and relationships	$	507	$	542	$	545
Technology, patents, trademarks, and other		1,320		1,104		1,080
Total at cost		1,827		1,646		1,625
Less accumulated amortization:
Customer lists and relationships		162		151		144
Technology, patents, trademarks, and other		384		343		337
Total accumulated amortization		546		494		481
Amortized intangible assets, net		1,281		1,152		1,144
Unamortized intangible assets:
In-process research and development				123		123
Other intangible assets – net	$	1,281	$	1,275	$	1,267