Finance Receivables (Tables)

6 Months Ended

Apr. 30, 2013

Receivables [Abstract]

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

Our Finance receivables, net, consist of the following:

(in millions)	April 30, 2013		October 31, 2012
Retail portfolio	$	968	$	1,048
Wholesale portfolio	1,148		1,128
Total finance receivables	2,116		2,176
Less: Allowance for doubtful accounts	24		27
Total finance receivables, net	2,092		2,149
Less: Current portion, net(A)	1,664		1,663
Noncurrent portion, net	$	428	$	486

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(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]

The following table presents the components of our Finance revenues, net:

	Three Months Ended April 30,						Six Months Ended April 30,
(in millions)	2013			2012			2013			2012
Retail notes and finance leases revenue	$	20		$	26		$	41		$	52
Wholesale notes interest	19			22			39			45
Operating lease revenue	12			11			24			20
Retail and wholesale accounts interest	7			8			13			18
Gross finance revenues	58			67			117			135
Less: Intercompany revenues	(19		)	(24		)	(39		)	(48		)
Finance revenues	$	39		$	43		$	78		$	87