Finance Receivables (Tables)

12 Months Ended

Oct. 31, 2015

Receivables [Abstract]

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

ur Finance receivables, net consist of the following:

(in millions)	2015		2014
Retail portfolio	$	554	$	726
Wholesale portfolio	1,467		1,339
Total finance receivables	2,021		2,065
Less: Allowance for doubtful accounts	26		27
Total finance receivables, net	1,995		2,038
Less: Current portion, net(A)	1,779		1,758
Noncurrent portion, net	$	216	$	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:

(in millions)	2015		2014		2013
Retail notes and finance leases revenue	$	48	$	64	$	78
Wholesale notes interest	97		80		77
Operating lease revenue	63		60		51
Retail and wholesale accounts interest	33		28		27
Gross finance revenues	241		232		233
Less: Intercompany revenues	96		79		75
Finance revenues	$	145	$	153	$	158

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

As of October 31, 2015, contractual maturities of our finance receivables are as follows:

(in millions)	Retail Portfolio		Wholesale Portfolio		Total
Due in:
2016	$	352	$	1,467	$	1,819
2017	107		—		107
2018	76		—		76
2019	41		—		41
2020	14		—		14
Thereafter	1		—		1
Gross finance receivables	591		1,467		2,058
Unearned finance income	37		—		37
Total finance receivables	$	554	$	1,467	$	2,021