Debt (Tables)

3 Months Ended

Jan. 31, 2014

Debt Disclosure [Abstract]

Debt

Debt

(in millions)	January 31, 2014		October 31, 2013
Manufacturing operations
Senior Secured Term Loan Credit Facility, as Amended, due 2017, net of unamortized discount of $4 for both periods	$	693	$	693
8.25% Senior Notes, due 2021, net of unamortized discount of $22 for both periods	1,178		1,178
3.00% Senior Subordinated Convertible Notes, due 2014, net of unamortized discount of $19 and $26, respectively	551		544
4.50% Senior Subordinated Convertible Notes, due 2018, net of unamortized discount of $22 and $23, respectively	178		177
Debt of majority-owned dealerships	46		48
Financing arrangements and capital lease obligations	70		77
Loan Agreement related to 6.5% Tax Exempt Bonds, due 2040	225		225
Promissory Note	18		20
Financed lease obligations	219		218
Other	34		39
Total Manufacturing operations debt	3,212		3,219
Less: Current portion	662		658
Net long-term Manufacturing operations debt	$	2,550	$	2,561

(in millions)	January 31, 2014		October 31, 2013
Financial Services operations
Asset-backed debt issued by consolidated SPEs, at fixed and variable rates, due serially through 2019	$	752	$	778
Bank revolvers, at fixed and variable rates, due dates from 2014 through 2019	820		1,018
Commercial paper, at variable rates, program matures in 2015	22		21
Borrowings secured by operating and finance leases, at various rates, due serially through 2018	58		49
Total Financial Services operations debt	1,652		1,866
Less: Current portion	597		505
Net long-term Financial Services operations debt	$	1,055	$	1,361