ACQUISITIONS AND DISPOSITIONS (Tables)

12 Months Ended

Oct. 27, 2024

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 was 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