Finance Receivables (Tables)

12 Months Ended

Oct. 31, 2014

Receivables [Abstract]

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

As of October 31, our Finance receivables, net consist of the following:

(in millions)	2014		2013
Retail portfolio	$	726	$	751
Wholesale portfolio	1,339		1,207
Total finance receivables	2,065		1,958
Less: Allowance for doubtful accounts	27		23
Total finance receivables, net	2,038		1,935
Less: Current portion, net(A)	1,758		1,597
Noncurrent portion, net	$	280	$	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.

Schedule of Financing Receivables, Minimum Payments [Table Text Block]

As of October 31, 2014, contractual maturities of our finance receivables are as follows:

(in millions)	Retail Portfolio		Wholesale Portfolio		Total
Due in:
2015	$	468	$	1,339	$	1,807
2016	147		—		147
2017	88		—		88
2018	50		—		50
2019	22		—		22
Thereafter	2		—		2
Gross finance receivables	777		1,339		2,116
Unearned finance income	51		—		51
Total finance receivables	$	726	$	1,339	$	2,065

Finance Revenues Derived From Receivables [Table Text Block]

The following table presents the components of our Finance revenues:

(in millions)	2014		2013		2012
Retail notes and finance leases revenue	$	64	$	78	$	98
Wholesale notes interest	80		77		87
Operating lease revenue	60		51		40
Retail and wholesale accounts interest	28		27		34
Gross finance revenues	232		233		259
Less: Intercompany revenues	79		75		91
Finance revenues	$	153	$	158	$	168