XML 34 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Cash Flows (USD $)
In Millions
6 Months Ended
Apr. 30, 2011
Apr. 30, 2010
Cash flows from operating activities    
Net income $ 94 $ 88 [1]
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 143 132
Depreciation of equipment leased to others 18 26
Deferred taxes (5) 11
Amortization of debt issuance costs and discount 22 20
Stock-based compensation 31 16
Provision for doubtful accounts, net of recoveries (2) 34
Equity in loss of non-consolidated affiliates, net of dividends 35 22
Other non-cash operating activities 7 34
Changes in other assets and liabilities, exclusive of the effects of businesses acquired and disposed (117) (117) [1]
Net cash provided by operating activities 226 266
Cash flows from investing activities    
Purchases of marketable securities (721) (663)
Sales or maturities of marketable securities 569 488
Net change in restricted cash and cash equivalents (8) 201
Capital expenditures (185) (78)
Purchase of equipment leased to others (23) (25)
Proceeds from sales of property and equipment 23 6
Investments in non-consolidated affiliates (27) (59)
Proceeds from sales of affiliates 6 3
Acquisition of intangibles (7) (11)
Business acquisitions, net of cash received (1) (2)
Net cash used in investing activities (374) (140)
Cash flows from financing activities    
Proceeds from issuance of securitized debt 348 245
Principal payments on securitized debt (334) (536)
Proceeds from issuance of other long-term debt 61 557
Principal payments on non-securitized debt (64) (728)
Net decrease in notes and debt outstanding under revolving credit facilities (12) (281)
Principal payments under financing arrangements and capital lease obligations (48) (43)
Debt issuance costs (5) (22)
Proceeds from excercise of stock options 28 14
Dividends paid by subsidiaries to non-controlling interest (32) (33)
Net cash used in financing activities (58) (827)
Effect of exchange rate on cash and cash equivalents 11 (3)
Decrease in cash and cash equivalents (195) (704)
Cash and cash equivalents at beginning of period 585 1,212
Cash and cash equivalents at end of the period $ 390 $ 508
[1] <div style="font-family:Times New Roman;font-size:10pt;"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Certain amounts have been revised to reflect a retrospective change in accounting principle. See Note 1, </font><font style="font-family:inherit;font-size:8pt;font-style:italic;">Summary of significant accounting policies</font><font style="font-family:inherit;font-size:8pt;">.</font></div></div>