Leases (Tables)

3 Months Ended

Jan. 31, 2020

Leases [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

uture minimum lease payments:

	As of October 31, 2019
(in millions)	Capital Lease Obligations		Operating Leases
2020	$	1	$	37
2021	1		28
2022	—		22
2023	—		18
2024	—		13
Thereafter	—		31
Total future minimum lease payments	$	2	$	149

Assets And Liabilities, Lessee [Table Text Block]

The following table presents balance sheet information related to operating leases:

(in millions)	As of January 31, 2020
Operating lease right of use assets	$	107
Finance lease right of use assets(A)	2
Total right of use assets	$	109
Operating lease liabilities
Other current liabilities	$	28
Other noncurrent liabilities	81
Finance lease liabilities
Long-term debt	2
Total lease liabilities	$	111

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(A)

Finance lease right of use assets are included in Property and Equipment, net on our Consolidated Balanweighted-average remaining lease term and discount rate:

	As of January 31, 2020
(in millions)	Finance Leases		Operating Leases
Weighted-average remaining lease term	9.5 years		5.0 years
Weighted-average discount rate	5.9	%	4.1	%

Operating Lease, Lease Income [Table Text Block]

evenue from finance and operating leases, included in our Consolidated Statement of Operations:

	Three Months Ended January 31, 2020
(in millions)	Finance Leases(A)		Operating Leases
Sales of manufactured products, net	$	—	$	8
Finance revenues	7		19
Other expense, net	—		1
Total lease revenue	$	7	$	28

_______________________

(A) Finance revenues consist primarily of interest income. Additional fees, such as late fees, are not material to our consolidated financial statements.

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

aturities of lease liabilities:

	As of January 31, 2020
(in millions)	Finance Leases		Operating Leases(A)
Remainder of 2020	$	—	$	26
2021	1		28
2022	1		22
2023	—		17
2024	—		12
Thereafter	—		19
Total lease payments	2		124
Less: Present value discount	—		15
Total lease liabilities	$	2	$	109

_________________________

(A)

During 2019, we executed a real estate lease contract with total lease liabilities of approximately $21 million which

Finance Lease, Liability, Maturity [Table Text Block]

aturities of lease liabilities:

	As of January 31, 2020
(in millions)	Finance Leases		Operating Leases(A)
Remainder of 2020	$	—	$	26
2021	1		28
2022	1		22
2023	—		17
2024	—		12
Thereafter	—		19
Total lease payments	2		124
Less: Present value discount	—		15
Total lease liabilities	$	2	$	109

_________________________

(A)

During 2019, we executed a real estate lease contract with total lease liabilities of approximately $21 million which

Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]

uture minimum lease payments:

	As of October 31, 2019
(in millions)	Capital Lease Obligations		Operating Leases
2020	$	1	$	37
2021	1		28
2022	—		22
2023	—		18
2024	—		13
Thereafter	—		31
Total future minimum lease payments	$	2	$	149

Lease, Cost [Table Text Block]

ash flow information related to leases:

(in millions)	Three Months Ended January 31, 2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	8
Right of use assets obtained in exchange for lease liabilities
Operating leases	$	4

Lessor, Operating Lease, Carrying Value of Assets Subject to Leases [Table Text Block]

he carrying amount of equipment leased to others, included in Property Plant and Equipment, net in our Consolidated Balance Sheets:

(in millions)	January 31, 2020		October 31, 2019
Equipment leased to others - at original cost	$	539	$	562
Less: Accumulated depreciation	130		125
Equipment leased to others - net	$	409	$	437

Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]

ayments due from operating leases:

(in millions)	January 31, 2020
Remainder of 2020	$	79
2021	97
2022	80
2023	62
2024	33
Thereafter	54
Total	$	405

Sales-type and Direct Financing Leases, Lease Receivable, Maturity [Table Text Block]

aturities of finance lease receivables reconciled to the net investment in finance leases:

(in millions)	January 31, 2020
Remainder of 2020	$	72
2021	87
2022	64
2023	32
2024	14
Thereafter	5
Total	274
Less: Unearned interest income	51
Net investment in finance leases	$	223