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Debt (Tables)
6 Months Ended
Apr. 30, 2013
Debt Disclosure [Abstract]  
Debt
(in millions)
April 30, 2013
 
October 31,
2012
Manufacturing operations:
 
 
 
Senior Secured Term Loan Credit Facility, as Amended, due 2017, net of unamortized discount of $5 and $9, respectively
$
693

 
$
991

8.25% Senior Notes, due 2021, net of unamortized discount of $23 and $28, respectively
1,177

 
872

3.0% Senior Subordinated Convertible Notes, due 2014, net of unamortized discount of $38 and $50, respectively
532

 
520

Debt of majority-owned dealerships
43

 
60

Financing arrangements and capital lease obligations
87

 
140

Loan Agreement related to 6.5% Tax Exempt Bonds, due 2040
225

 
225

Promissory Note
25

 
30

Financed lease obligations
209

 
—

Other
59

 
67

Total manufacturing operations debt
3,050

 
2,905

Less: Current portion
122

 
172

Net long-term manufacturing operations debt
$
2,928

 
$
2,733


(in millions)
April 30, 2013
 
October 31,
2012
Financial Services operations:
 
 
 
Asset-backed debt issued by consolidated SPEs, at fixed and variable rates, due serially through 2019
$
805

 
$
994

Bank revolvers, at fixed and variable rates, due dates from 2013 through 2019
861

 
763

Commercial paper, at variable rates, matured in 2013
—

 
31

Borrowings secured by operating and finance leases, at various rates, due serially through 2017
65

 
78

Total financial services operations debt
1,731

 
1,866

Less: Current portion
657

 
1,033

Net long-term financial services operations debt
$
1,074

 
$
833