Finance Receivables (Tables)

3 Months Ended

Jan. 31, 2016

Receivables [Abstract]

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

ur Finance receivables, net consist of the following:

(in millions)	January 31, 2016		October 31, 2015
Retail portfolio	$	446	$	554
Wholesale portfolio	1,206		1,467
Total finance receivables	1,652		2,021
Less: Allowance for doubtful accounts	23		26
Total finance receivables, net	1,629		1,995
Less: Current portion, net(A)	1,431		1,779
Noncurrent portion, net	$	198	$	216

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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 January 31,
(in millions)	2016			2015
Retail notes and finance leases revenue	$	10		$	13
Wholesale notes interest	26			24
Operating lease revenue	16			15
Retail and wholesale accounts interest	7			8
Gross finance revenues	59			60
Less: Intercompany revenues	(24		)	(24		)
Finance revenues	$	35		$	36