Finance Receivables (Tables)

9 Months Ended

Jul. 31, 2014

Receivables [Abstract]

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

Our Finance receivables, net consist of the following:

(in millions)	July 31, 2014		October 31, 2013
Retail portfolio	$	739	$	751
Wholesale portfolio	1,296		1,207
Total finance receivables	2,035		1,958
Less: Allowance for doubtful accounts	26		23
Total finance receivables, net	2,009		1,935
Less: Current portion, net(A)	1,707		1,597
Noncurrent portion, net	$	302	$	338

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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:

	Three Months Ended July 31,						Nine Months Ended July 31,
(in millions)	2014			2013			2014			2013
Retail notes and finance leases revenue	$	16		$	19		$	49		$	60
Wholesale notes interest	22			21			59			60
Operating lease revenue	15			13			44			37
Retail and wholesale accounts interest	7			8			20			21
Gross finance revenues	60			61			172			178
Less: Intercompany revenues	(22		)	(20		)	(57		)	(59		)
Finance revenues	$	38		$	41		$	115		$	119