Finance Receivables (Tables)

6 Months Ended

Apr. 30, 2018

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)	April 30, 2018		October 31, 2017
Retail portfolio	$	674	$	559
Wholesale portfolio	1,246		1,246
Total finance receivables	1,920		1,805
Less: Allowance for doubtful accounts	22		20
Total finance receivables, net	1,898		1,785
Less: Current portion, net(A)	1,656		1,565
Noncurrent portion, net	$	242	$	220

_________________________

(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 April 30,				Six Months Ended April 30,
(in millions)	2018		2017		2018		2017
Retail notes and finance leases revenue	$	13	$	10	$	24	$	19
Wholesale notes interest	24		24		49		47
Operating lease revenue	17		16		35		33
Retail and wholesale accounts interest	9		6		14		11
Gross finance revenues	63		56		122		110
Less: Intercompany revenues	23		23		44		43
Finance revenues	$	40	$	33	$	78	$	67