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Debt (Tables)
6 Months Ended
Apr. 30, 2017
Debt Disclosure [Abstract]  
Debt
The following tables present the components of Notes payable and current maturities of long-term debt and Long-term debt in our Consolidated Balance Sheets:
(in millions)
April 30, 2017

October 31, 2016
Manufacturing operations
 
 
 
Senior Secured Term Loan Credit Facility, as amended, due 2020, net of unamortized discount of $12 and $14, respectively, and unamortized debt issuance costs of $13 and $7, respectively
$
1,002

 
$
1,009

8.25% Senior Notes, due 2022 net of unamortized discount of $14 and $15, respectively, and unamortized debt issuance costs of $15 and $12, respectively
1,421

 
1,173

4.50% Senior Subordinated Convertible Notes, due 2018, net of unamortized discount of $8 and $10, respectively, and unamortized debt issuance costs of $1 at both dates
192

 
189

4.75% Senior Subordinated Convertible Notes, due 2019, net of unamortized discount of $19 and $24, respectively, and unamortized debt issuance costs of $4 at both dates
388

 
383

Financing arrangements and capital lease obligations
38

 
42

Loan Agreement related to 6.5% Tax Exempt Bonds, due 2040, net of unamortized debt issuance costs of $5 at both dates
220

 
220

Financed lease obligations
102

 
52

Other
20

 
28

Total Manufacturing operations debt
3,383

 
3,096

Less: Current portion
85

 
71

Net long-term Manufacturing operations debt
$
3,298

 
$
3,025


(in millions)
April 30, 2017
 
October 31, 2016
Financial Services operations
 
 
 
Asset-backed debt issued by consolidated SPEs, at fixed and variable rates, due serially through 2022, net of unamortized debt issuance costs of $5 and $6, respectively
$
735

 
$
753

Bank credit facilities, at fixed and variable rates, due dates from 2017 through 2021, net of unamortized debt issuance costs of $2 and $3, respectively
766

 
861

Commercial paper, at variable rates, program matures in 2022
93

 
96

Borrowings secured by operating and finance leases, at various rates, due serially through 2021
88

 
98

Total Financial Services operations debt
1,682

 
1,808

Less: Current portion
659

 
836

Net long-term Financial Services operations debt
$
1,023

 
$
972