Debt (Tables)

9 Months Ended

Jul. 31, 2012

Debt Disclosure [Abstract]

Debt

(in millions)	July 31, 2012		October 31, 2011
Manufacturing operations
8.25% Senior Notes, due 2021, net of unamortized discount of $28 and $33, respectively	$	872	$	967
3.0% Senior Subordinated Convertible Notes, due 2014, net of unamortized discount of $56 and $73, respectively	514		497
Debt of majority-owned dealerships	75		94
Financing arrangements and capital lease obligations	146		118
Loan Agreement related to 6.5% Tax Exempt Bonds, due 2040	225		225
Promissory Note	33		40
Asset-Based Credit Facility	238		—
Other	43		39
Total manufacturing operations debt	2,146		1,980
Less: Current portion	356		99
Net long-term manufacturing operations debt	$	1,790	$	1,881
Financial Services operations
Asset-backed debt issued by consolidated SPEs, at fixed and variable rates, due serially through 2019	$	1,299	$	1,664
Bank revolvers, at fixed and variable rates, due dates from 2013 through 2017	857		1,072
Commercial paper, at variable rates, due serially through 2012	53		70
Borrowings secured by operating and finance leases, at various rates, due serially through 2017	57		70
Total financial services operations debt	2,266		2,876
Less: Current portion	1,060		1,280
Net long-term financial services operations debt	$	1,206	$	1,596