Debt (Tables)

3 Months Ended

Jan. 31, 2016

Debt Disclosure [Abstract]

Debt

(in millions)	January 31, 2016		October 31, 2015
Manufacturing operations
Senior Secured Term Loan Credit Facility, as amended, due 2020, net of unamortized discount of $16 and $17, respectively	$	1,024	$	1,023
8.25% Senior Notes, due 2021, net of unamortized discount of $17 and $18, respectively	1,183		1,182
4.50% Senior Subordinated Convertible Notes, due 2018, net of unamortized discount of $13 and $14, respectively	187		186
4.75% Senior Subordinated Convertible Notes, due 2019, net of unamortized discount of $30 and $32, respectively	381		379
Debt of majority-owned dealerships	20		28
Financing arrangements and capital lease obligations	46		49
Loan Agreement related to 6.5% Tax Exempt Bonds, due 2040	225		225
Financed lease obligations	91		111
Other	15		15
Total Manufacturing operations debt	3,172		3,198
Less: Current portion	87		103
Net long-term Manufacturing operations debt	$	3,085	$	3,095

(in millions)	January 31, 2016		October 31, 2015
Financial Services operations
Asset-backed debt issued by consolidated SPEs, at fixed and variable rates, due serially through 2021	$	784	$	870
Bank revolvers, at fixed and variable rates, due dates from 2016 through 2020	981		1,063
Commercial paper, at variable rates, program matures in 2017	74		86
Borrowings secured by operating and finance leases, at various rates, due serially through 2020	88		81
Total Financial Services operations debt	1,927		2,100
Less: Current portion	1,405		1,007
Net long-term Financial Services operations debt	$	522	$	1,093