Debt (Tables)

3 Months Ended

Jan. 31, 2012

Debt Disclosure [Abstract]

Debt

	January 31, 2012		October 31, 2011
(in millions)
Manufacturing operations
8.25% Senior Notes, due 2021, net of unamortized discount of $29 and $33 at the respective dates	$	871	$	967
3.0% Senior Subordinated Convertible Notes, due 2014, net of unamortized discount of $68 and $73 at the respective dates	502		497
Debt of majority-owned dealerships	92		94
Financing arrangements and capital lease obligations	160		118
Loan Agreement related to 6.5% Tax Exempt Bonds, due 2040	225		225
Promissory Note	38		40
Asset-Based Credit Facility	100		—
Other	42		39
Total manufacturing operations debt	2,030		1,980
Less: Current portion	200		99
Net long-term manufacturing operations debt	$	1,830	$	1,881
Financial services operations
Asset-backed debt issued by consolidated SPEs, at variable rates, due serially through 2018	$	1,371	$	1,664
Bank revolvers, at fixed and variable rates, due dates from 2013 through 2017	997		1,072
Commercial paper, at variable rates, due serially through 2012	63		70
Borrowings secured by operating and finance leases, at various rates, due serially through 2017	72		70
Total financial services operations debt	2,503		2,876
Less: Current portion	897		1,280
Net long-term financial services operations debt	$	1,606	$	1,596