Debt (Tables)

9 Months Ended

Jul. 31, 2014

Debt Disclosure [Abstract]

Debt

Debt

(in millions)	July 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 $21 and $22, respectively	1,179		1,178
3.00% Senior Subordinated Convertible Notes, due 2014, net of unamortized discount of $2 and $26, respectively	165		544
4.50% Senior Subordinated Convertible Notes, due 2018, net of unamortized discount of $20 and $23, respectively	180		177
4.75% Senior Subordinated Convertible Notes, due 2019, net of unamortized discount of $41	370		—
Debt of majority-owned dealerships	34		48
Financing arrangements and capital lease obligations	52		77
Loan Agreement related to 6.5% Tax Exempt Bonds, due 2040	225		225
Promissory Note	13		20
Financed lease obligations	195		218
Other	35		39
Total Manufacturing operations debt	3,141		3,219
Less: Current portion	254		658
Net long-term Manufacturing operations debt	$	2,887	$	2,561

(in millions)	July 31, 2014		October 31, 2013
Financial Services operations
Asset-backed debt issued by consolidated SPEs, at fixed and variable rates, due serially through 2019	$	850	$	778
Bank revolvers, at fixed and variable rates, due dates from 2014 through 2020	1,091		1,018
Commercial paper, at variable rates, program matures in 2015	75		21
Borrowings secured by operating and finance leases, at various rates, due serially through 2018	47		49
Total Financial Services operations debt	2,063		1,866
Less: Current portion	766		505
Net long-term Financial Services operations debt	$	1,297	$	1,361