ACQUISITIONS AND DISPOSITIONS (Tables)

12 Months Ended

Oct. 29, 2023

Kreisel

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

The fair values assigned to the assets and liabilities of the acquired entity, which are based on information as of the acquisition date and available at October 30, 2022, follows:

	February 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	$	26
Deferred income taxes		39
Redeemable noncontrolling interest	$	96

Excavator Factories

Total Invested Capital

The total invested capital is as follows:

	March 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

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

The fair values assigned to the assets and liabilities of the acquired factories, which are based on information as of the acquisition date and available at October 30, 2022, follow:

	March 2022
Other receivables	$	29
Inventories		286
Property and equipment		180
Goodwill		529
Other intangible assets		70
Deferred income taxes		56
Other assets		3
Total assets	$	1,153
Accounts payable and accrued expenses	$	300
Long-term borrowings		163
Total liabilities	$	463

Other Acquisitions

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

The asset and liability fair values at the respective acquisition dates follow:

	October 2022
Trade accounts and notes receivable	$	8
Inventories		8
Property and equipment		4
Goodwill		53
Other intangible assets		21
Other assets		60
Total assets	$	154
Accounts payable and accrued expenses	$	6
Deferred income taxes		5
Total liabilities	$	11
Redeemable noncontrolling interest	$	9

Bear Flag

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

The asset and liability fair values at the acquisition date follow:

	August 2021
Property and equipment	$	1
Goodwill		189
Other intangible assets		54
Total assets	$	244
Accounts payable and accrued expenses	$	1
Deferred income taxes		18
Total liabilities	$	19