Finance Receivables (Tables)

6 Months Ended

Apr. 30, 2014

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, 2014		October 31, 2013
Retail portfolio	$	807	$	751
Wholesale portfolio	1,241		1,207
Total finance receivables	2,048		1,958
Less: Allowance for doubtful accounts	24		23
Total finance receivables, net	2,024		1,935
Less: Current portion, net(A)	1,713		1,597
Noncurrent portion, net	$	311	$	338

_________________________

(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:

	Three Months Ended April 30,						Six Months Ended April 30,
(in millions)	2014			2013			2014			2013
Retail notes and finance leases revenue	$	16		$	20		$	33		$	41
Wholesale notes interest	19			19			37			39
Operating lease revenue	15			12			29			24
Retail and wholesale accounts interest	7			7			13			13
Gross finance revenues	57			58			112			117
Less: Intercompany revenues	(19		)	(19		)	(35		)	(39		)
Finance revenues	$	38		$	39		$	77		$	78