Finance Receivables (Tables)

3 Months Ended

Jan. 31, 2019

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)	January 31, 2019		October 31, 2018
Retail portfolio	$	713	$	720
Wholesale portfolio	1,400		1,460
Total finance receivables	2,113		2,180
Less: Allowance for doubtful accounts	23		22
Total finance receivables, net	2,090		2,158
Less: Current portion, net(A)	1,818		1,898
Noncurrent portion, net	$	272	$	260

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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 January 31,
(in millions)	2019		2018
Retail notes and finance leases revenue	$	14	$	11
Wholesale notes interest	31		25
Operating lease revenue	21		18
Retail and wholesale accounts interest	8		5
Gross finance revenues	74		59
Less: Intercompany revenues	27		21
Finance revenues	$	47	$	38