Debt (Tables)

9 Months Ended

Jul. 31, 2016

Debt Disclosure [Abstract]

Debt

(in millions)	July 31, 2016		October 31, 2015
Manufacturing operations
Senior Secured Term Loan Credit Facility, as amended, due 2020, net of unamortized discount of $14 and $17, respectively	$	1,020	$	1,023
8.25% Senior Notes, due 2022, net of unamortized discount of $16 and $18, respectively	1,184		1,182
4.50% Senior Subordinated Convertible Notes, due 2018, net of unamortized discount of $11 and $14, respectively	189		186
4.75% Senior Subordinated Convertible Notes, due 2019, net of unamortized discount of $26 and $32, respectively	385		379
Debt of majority-owned dealerships	13		28
Financing arrangements and capital lease obligations	44		49
Loan Agreement related to 6.5% Tax Exempt Bonds, due 2040	225		225
Financed lease obligations	61		111
Other	10		15
Total Manufacturing operations debt	3,131		3,198
Less: Current portion	67		103
Net long-term Manufacturing operations debt	$	3,064	$	3,095

(in millions)	July 31, 2016		October 31, 2015
Financial Services operations
Asset-backed debt issued by consolidated SPEs, at fixed and variable rates, due serially through 2021	$	867	$	870
Bank credit facilities, at fixed and variable rates, due dates from 2016 through 2021	874		1,063
Commercial paper, at variable rates, program matures in 2017	93		86
Borrowings secured by operating and finance leases, at various rates, due serially through 2021	100		81
Total Financial Services operations debt	1,934		2,100
Less: Current portion	1,322		1,007
Net long-term Financial Services operations debt	$	612	$	1,093