Debt (Tables)

9 Months Ended

Jul. 31, 2015

Debt Disclosure [Abstract]

Debt

(in millions)	July 31, 2015		October 31, 2014
Manufacturing operations
Senior Secured Term Loan Credit Facility, as amended, due 2017, net of unamortized discount of $2 and $3, respectively	$	695	$	694
8.25% Senior Notes, due 2021, net of unamortized discount of $18 and $20, respectively	1,182		1,180
4.50% Senior Subordinated Convertible Notes, due 2018, net of unamortized discount of $16 and $19, respectively	184		181
4.75% Senior Subordinated Convertible Notes, due 2019, net of unamortized discount of $34 and $40, respectively	377		371
Debt of majority-owned dealerships	26		30
Financing arrangements and capital lease obligations	48		54
Loan Agreement related to 6.5% Tax Exempt Bonds, due 2040	225		225
Promissory Note	3		10
Financed lease obligations	129		184
Other	19		29
Total Manufacturing operations debt	2,888		2,958
Less: Current portion	100		100
Net long-term Manufacturing operations debt	$	2,788	$	2,858

(in millions)	July 31, 2015		October 31, 2014
Financial Services operations
Asset-backed debt issued by consolidated SPEs, at fixed and variable rates, due serially through 2018	$	1,135	$	914
Bank revolvers, at fixed and variable rates, due dates from 2015 through 2020	1,147		1,242
Commercial paper, at variable rates, program matures in 2017	90		74
Borrowings secured by operating and finance leases, at various rates, due serially through 2018	26		36
Total Financial Services operations debt	2,398		2,266
Less: Current portion	990		1,195
Net long-term Financial Services operations debt	$	1,408	$	1,071