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SHORT-TERM EXTERNAL BORROWINGS (Tables)
12 Months Ended
Oct. 27, 2024
SHORT-TERM EXTERNAL BORROWINGS  
Short-Term Borrowings and Weighted-average Interest Rates

Our short-term external borrowings at October 27, 2024 and October 29, 2023 consisted of the following:

    

2024

    

2023

 

Commercial paper and other notes payable

$

1,679.9

$

6,836.1

Securitization borrowings

 

8,429.3

 

6,995.2

Current maturities of long-term external borrowings *

 

7,628.9

 

6,059.9

Total

$

17,738.1

$

19,891.2

* Includes unamortized fair value adjustments related to interest rate swaps.

The weighted average interest rates at October 27, 2024 and October 29, 2023, were:

    

2024

    

2023

Commercial paper and other notes payable

5.3%

5.6%

Securitization borrowings

5.0%

4.7%