Finance Receivables (Tables)

12 Months Ended

Oct. 31, 2016

Receivables [Abstract]

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

ur Finance receivables, net in our Consolidated Balance Sheets consist of the following:

	As of October 31,
(in millions)	2016		2015
Retail portfolio	$	499	$	554
Wholesale portfolio	1,199		1,467
Total finance receivables	1,698		2,021
Less: Allowance for doubtful accounts	21		26
Total finance receivables, net	1,677		1,995
Less: Current portion, net(A)	1,457		1,779
Noncurrent portion, net	$	220	$	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 in our Consolidated Statements of Operations:

	As of October 31,
(in millions)	2016		2015		2014
Retail notes and finance leases revenue	$	38	$	48	$	64
Wholesale notes interest	107		97		80
Operating lease revenue	66		63		60
Retail and wholesale accounts interest	24		33		28
Gross finance revenues	235		241		232
Less: Intercompany revenues	100		96		79
Finance revenues	$	135	$	145	$	153