Finance Receivables (Tables)

3 Months Ended

Jan. 31, 2013

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

Our finance receivables by major classification are as follows:

(in millions)	January 31, 2013		October 31, 2012
Retail portfolio	$	911	$	1,048
Wholesale portfolio	1,108		1,128
Total finance receivables	2,019		2,176
Less: Allowance for doubtful accounts	25		27
Total finance receivables, net	1,994		2,149
Less: Current portion, net(A)	1,544		1,663
Noncurrent portion, net	$	450	$	486

_________________________

(A) The current portion of finance receivables is computed based on contractual maturities. Actual cash collections typically vary from the contractual cash flows because of prepayments, extensions, delinquencies, credit losses, and renewals.

Finance Revenues Derived From Receivables [Table Text Block]

Finance revenues consist of the following:

	Three Months Ended January 31,
(in millions)	2013			2012
Retail notes and finance leases revenue	$	21		$	26
Wholesale notes interest	20			23
Operating lease revenue	12			9
Retail and wholesale accounts interest	6			10
Gross finance revenues	59			68
Less: Intercompany revenues	(20		)	(24		)
Finance revenues	$	39		$	44