COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Apr. 30, 2023

COMMITMENTS AND CONTINGENCIES

Reconciliation of the Changes in Warranty Liability and Unearned Premiums

A reconciliation of the changes in the warranty liability and unearned premiums was as follows in millions of dollars:

	Three Months Ended				Six Months Ended
	April 30		May 1		April 30		May 1
	2023		2022		2023		2022
Beginning of period balance	$	2,345	$	2,064	$	2,293	$	2,086
Payments		(274)		(224)		(537)		(417)
Amortization of premiums received		(63)		(64)		(146)		(130)
Accruals for warranties		392		223		647		404
Premiums received		108		91		215		174
Foreign exchange		3		5		39		(22)
End of period balance	$	2,511	$	2,095	$	2,511	$	2,095