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SHORT-TERM EXTERNAL BORROWINGS (Tables)
12 Months Ended
Nov. 02, 2025
SHORT-TERM EXTERNAL BORROWINGS  
Short-Term Borrowings and Weighted-average Interest Rates

Our short-term external borrowings at November 2, 2025 and October 27, 2024 consisted of the following:

  ​ ​ ​

2025

  ​ ​ ​

2024

 

Commercial paper and other notes payable

$

1,380.9

$

1,679.9

Securitization borrowings

 

6,595.4

 

8,429.3

Current maturities of long-term external borrowings *

 

8,270.5

 

7,628.9

Total

$

16,246.8

$

17,738.1

* Includes unamortized fair value adjustments related to derivatives.

The weighted average interest rates at November 2, 2025 and October 27, 2024, were:

  ​ ​ ​

2025

  ​ ​ ​

2024

Commercial paper and other notes payable

4.7%

5.3%

Securitization borrowings

4.8%

5.0%