Finance Receivables (Tables)

9 Months Ended

Jul. 31, 2017

Receivables [Abstract]

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

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

(in millions)	July 31, 2017		October 31, 2016
Retail portfolio	$	520	$	499
Wholesale portfolio	1,291		1,199
Total finance receivables	1,811		1,698
Less: Allowance for doubtful accounts	23		21
Total finance receivables, net	1,788		1,677
Less: Current portion, net(A)	1,557		1,457
Noncurrent portion, net	$	231	$	220

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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:

	Three Months Ended July 31,				Nine Months Ended July 31,
(in millions)	2017		2016		2017		2016
Retail notes and finance leases revenue	$	11	$	9	$	30	$	28
Wholesale notes interest	28		29		75		81
Operating lease revenue	17		17		50		49
Retail and wholesale accounts interest	6		5		17		19
Gross finance revenues	62		60		172		177
Less: Intercompany revenues	27		26		70		75
Finance revenues	$	35	$	34	$	102	$	102