GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables)

6 Months Ended

May 03, 2020

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 28, 2018	$	583	$	2,518	$	3,101
Translation adjustments and other		(2)		(74)		(76)
Goodwill at April 28, 2019	$	581	$	2,444	$	3,025
Goodwill at November 3, 2019	$	574	$	2,343	$	2,917
Translation adjustments and other		(9)		9
Goodwill at May 3, 2020	$	565	$	2,352	$	2,917

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:

	May 3		November 3		April 28
	2020		2019		2019
Amortized intangible assets:
Customer lists and relationships	$	509	$	511	$	528
Technology, patents, trademarks, and other		1,006		1,028		1,059
Total at cost		1,515		1,539		1,587
Less accumulated amortization *		327		282		234
Total		1,188		1,257		1,353
Unamortized intangible assets:
In-process research and development		123		123		123
Other intangible assets – net	$	1,311	$	1,380	$	1,476

*   Accumulated amortization at May 3, 2020, November 3, 2019, and April 28, 2019 for customer lists and relationships totaled $93 million, $77 million, and $62 million and technology, patents, trademarks, and other totaled $234 million, $205 million, and $172 million, respectively.