Goodwill and Other Intangible Assets
6 Months Ended
Apr. 30, 2011
Goodwill and Other Intangible Assets [Abstract]  
Goodwill and Other Intangible Assets
8. GOODWILL AND OTHER INTANGIBLE ASSETS
 
The following table presents goodwill balances and the movements for each of our reportable segments during the six months ended April 30, 2011:
 
 
 
Life Sciences
  
Chemical Analysis
  
Electronic
Measurement
  
Total
 
 
 
(in millions)
 
Goodwill as of October 31, 2010
 $311  $747  $398  $1,456 
Goodwill arising from acquisitions
  53   11   -   64 
Foreign currency translation impact and other adjustments
  8   25   2   35 
Goodwill as of April 30, 2011
 $372  $783  $400  $1,555 
 
The components of other intangibles as of April 30, 2011 and October 31, 2010 are shown in the table below:
 
 
 
Purchased Other Intangible Assets
 
 
 
Gross
Carrying
Amount
  
Accumulated
Amortization
and
Impairments
  
Net Book
Value
 
 
 
(in millions)
 
As of October 31, 2010:
 
 
  
 
  
 
 
Purchased technology
 $466  $176  $290 
Backlog
  12   12   - 
Trademark/Tradename
  39   13   26 
Customer relationships
  236   77   159 
Total amortizable intangible assets
 $753  $278  $475 
In-Process R&D
  19   -   19 
Total
 $772  $278  $494 
As of April 30, 2011:
            
Purchased technology
 $505  $213  $292 
Backlog
  12   12   - 
Trademark/Tradename
  40   17   23 
Customer relationships
  254   95   159 
Total amortizable intangible assets
 $811  $337  $474 
In-Process R&D
  19   -   19 
Total
 $830  $337  $493 
 
There were $64 million of additions to goodwill and $42 million of additions to other intangible assets in the three and six months ended April 30, 2011 related to the purchase of three businesses.
 
Amortization of intangible assets was $28 million and $56 million for the three and six months ended April 30, 2011 and $9 million and $19 million for the same periods in the prior year. In addition, we recorded $3 million of impairments of other intangibles related to an exited business during the three and six months ended April 30, 2011. Future amortization expense related to existing purchased intangible assets is estimated to be $57 million for the remainder of 2011, $95 million for 2012, $78 million for 2013, $68 million for 2014, $57 million for 2015, $50 million for 2016, and $88 million thereafter.