Finance Receivables (Tables)

6 Months Ended

Apr. 30, 2015

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, 2015		October 31, 2014
Retail portfolio	$	667	$	726
Wholesale portfolio	1,515		1,339
Total finance receivables	2,182		2,065
Less: Allowance for doubtful accounts	28		27
Total finance receivables, net	2,154		2,038
Less: Current portion, net(A)	1,929		1,758
Noncurrent portion, net	$	225	$	280

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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 April 30,						Six Months Ended April 30,
(in millions)	2015			2014			2015			2014
Retail notes and finance leases revenue	$	12		$	16		$	25		$	33
Wholesale notes interest	24			19			48			37
Operating lease revenue	15			15			30			29
Retail and wholesale accounts interest	9			7			17			13
Gross finance revenues	60			57			120			112
Less: Intercompany revenues	(25		)	(19		)	(49		)	(35		)
Finance revenues	$	35		$	38		$	71		$	77