XML 59 R44.htm IDEA: XBRL DOCUMENT v3.22.2.2
ACQUISITIONS (Tables)
9 Months Ended
Jul. 31, 2022
Kreisel  
Preliminary Fair Values Assigned to Assets and Liabilities as of the Acquisition Date The preliminary fair values assigned to the assets and liabilities of the acquired entity in millions of dollars, which is based on information as of the acquisition date and available at July 31, 2022 follows:

February 7

2022

Trade accounts and notes receivable

$

2

Other receivables

11

Inventories

11

Property and equipment

11

Goodwill

218

Other intangible assets

178

Other assets

6

Total assets

$

437

Accounts payable and accrued expenses

$

27

Deferred income taxes

38

Redeemable noncontrolling interest

$

96

Excavator Factories  
Total Invested Capital

The total invested capital follows:

February 28

2022

Cash consideration for factories

$

205

Cash consideration for license agreement

70

Deferred consideration

271

Total purchase price consideration

546

Less: Cash obtained

(187)

Less: Settlement of intercompany balances

(113)

Net purchase price consideration

246

Fair value of previously held equity investment

444

Total invested capital

$

690

Preliminary Fair Values Assigned to Assets and Liabilities as of the Acquisition Date

The preliminary fair values assigned to the assets and liabilities of the acquired factories in millions of dollars, which are based on information as of the acquisition date and available at July 31, 2022, follows:

February 28

2022

Other receivables

$

29

Inventories

286

Property and equipment

182

Goodwill

527

Other intangible assets

70

Deferred income taxes

56

Total assets

$

1,150

Accounts payable and accrued expenses

$

297

Long-term borrowings

163

Total liabilities

$

460

Other Acquisitions  
Preliminary Fair Values Assigned to Assets and Liabilities as of the Acquisition Date The preliminary asset and liability fair values at the respective acquisition dates follow in millions of dollars:

July 31

2022

Trade accounts and notes receivable

$

8

Inventories

8

Property and equipment

4

Goodwill

53

Other intangible assets

21

Other assets

50

Total assets

$

144

Accounts payable and accrued expenses

$

6

Deferred income taxes

5

Total liabilities

$

11

Redeemable noncontrolling interest

$

9