Finance Receivables (Tables)

3 Months Ended

Jan. 31, 2015

Receivables [Abstract]

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

Our Finance receivables, net consist of the following:

(in millions)	January 31, 2015		October 31, 2014
Retail portfolio	$	648	$	726
Wholesale portfolio	1,289		1,339
Total finance receivables	1,937		2,065
Less: Allowance for doubtful accounts	26		27
Total finance receivables, net	1,911		2,038
Less: Current portion, net(A)	1,660		1,758
Noncurrent portion, net	$	251	$	280

_________________________

(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 January 31,
(in millions)	2015			2014
Retail notes and finance leases revenue	$	13		$	17
Wholesale notes interest	24			18
Operating lease revenue	15			14
Retail and wholesale accounts interest	8			6
Gross finance revenues	60			55
Less: Intercompany revenues	(24		)	(16		)
Finance revenues	$	36		$	39