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Debt (Tables)
9 Months Ended
Jul. 31, 2018
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)
July 31, 2018

October 31, 2017
Manufacturing operations
 
 
 
Senior Secured Term Loan Credit Agreement, due 2025, net of unamortized discount of $7 and unamortized debt issuance costs of $12
$
1,573

 
$

Senior Secured Term Loan Credit Facility, as amended, due 2020, net of unamortized discount of $7 and unamortized debt issuance costs of $9

 
1,003

6.625% Senior Notes, due 2026, net of unamortized debt issuance costs of $17
1,083

 

8.25% Senior Notes, due 2022, net of unamortized discount of $13 and unamortized debt issuance costs of $14

 
1,423

4.50% Senior Subordinated Convertible Notes, due 2018, net of unamortized discount of $1 and $5, respectively, and unamortized debt issuance costs of less than $1 and $1, respectively
199

 
194

4.75% Senior Subordinated Convertible Notes, due 2019, net of unamortized discount of $7 and $14, respectively, and unamortized debt issuance costs of $2 and $3, respectively
402

 
394

Loan Agreement related to 6.75% Tax Exempt Bonds, due 2040, net of unamortized debt issuance costs of $5 at both dates
220

 
220

Financed lease obligations
121

 
130

Other
27

 
43

Total Manufacturing operations debt
3,625

 
3,407

Less: Current portion
661

 
286

Net long-term Manufacturing operations debt
$
2,964

 
$
3,121


(in millions)
July 31, 2018
 
October 31, 2017
Financial Services operations
 
 
 
Asset-backed debt issued by consolidated SPEs, at fixed and variable rates, due serially through 2023, net of unamortized debt issuance costs of $3 and $5, respectively
$
888

 
$
849

Senior secured NFC Term Loan, due 2025, net of unamortized discount of $2, and unamortized debt issuance costs of $4
394

 

Bank credit facilities, at fixed and variable rates, due dates from 2018 through 2024, net of unamortized debt issuance costs of $1 and $2, respectively
500

 
616

Commercial paper, at variable rates, program matures in 2022
88

 
92

Borrowings secured by operating and finance leases, at various rates, due serially through 2024
105

 
94

Total Financial Services operations debt
1,975

 
1,651

Less: Current portion
1,046

 
883

Net long-term Financial Services operations debt
$
929

 
$
768