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Debt (Tables)
6 Months Ended
Apr. 30, 2019
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, 2019

October 31, 2018
Manufacturing operations
 
 
 
Senior Secured Term Loan Credit Agreement, due 2025, net of unamortized discount of $6 and $7, respectively, and unamortized debt issuance costs of $11 at both dates
$
1,563

 
$
1,570

6.625% Senior Notes, due 2026, net of unamortized debt issuance costs of $16 and $17, respectively
1,084

 
1,083

4.75% Senior Subordinated Convertible Notes, due 2019, net of unamortized discount of $5 and unamortized debt issuance costs of $1

 
405

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
53

 
122

Other
42

 
26

Total Manufacturing operations debt
2,962

 
3,426

Less: Current portion
60

 
461

Net long-term Manufacturing operations debt
$
2,902

 
$
2,965


(in millions)
April 30, 2019
 
October 31, 2018
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 $2 and $4, respectively
$
1,213

 
$
948

Senior secured NFC Term Loan, due 2025, net of unamortized discount of $2 at both dates, and unamortized debt issuance costs of $4 at both dates
392

 
394

Bank credit facilities, at fixed and variable rates, due dates from 2019 through 2025, net of unamortized debt issuance costs of $1 and $2, respectively
660

 
519

Commercial paper, at variable rates, program matures in 2022
47

 
75

Borrowings secured by operating and finance leases, at various rates, due serially through 2024
83

 
105

Total Financial Services operations debt
2,395

 
2,041

Less: Current portion
709

 
485

Net long-term Financial Services operations debt
$
1,686

 
$
1,556