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Leases (Tables)
6 Months Ended
Apr. 30, 2021
Leases [Abstract]  
Schedule of Balance Sheet Information Related to Financing and Operating Leases
The following table presents balance sheet information related to finance and operating leases:
(in millions)As of April 30, 2021As of October 31, 2020
Operating lease right of use assets$123 $119 
Finance lease right of use assets(A)
2 
     Total right of use assets$125 $121 
Operating lease liabilities
     Other current liabilities$30 $30 
     Other noncurrent liabilities96 92 
Finance lease liabilities
     Notes payable and current maturities of long-term debt 
     Long-term debt1 
     Total lease liabilities$127 $124 
_________________________
(A)Finance lease right of use assets are included in Property and Equipment, net on our Consolidated Balance Sheets.
Schedule of Operating Lease Income
The following table presents revenue from finance and operating leases, included in our Consolidated Statements of Operations:
Three Months Ended April 30,Six Months Ended April 30,
Finance Leases(A)
Operating Leases
Finance Leases(A)
Operating Leases
(in millions)20212020202120202021202020212020
Sales of manufactured products, net$ $— $6 $$ $— $12 $12 
Finance revenues7 11 22 22 14 18 43 41 
Other expense, net — 2  — 3 
     Total lease revenue$7 $11 $30 $28 $14 $18 $58 $56 
_______________________
(A) Finance revenues consist primarily of interest income. Additional fees, such as late fees, are not material to our consolidated financial statements.
Schedule of Financing Lease Income
The following table presents revenue from finance and operating leases, included in our Consolidated Statements of Operations:
Three Months Ended April 30,Six Months Ended April 30,
Finance Leases(A)
Operating Leases
Finance Leases(A)
Operating Leases
(in millions)20212020202120202021202020212020
Sales of manufactured products, net$ $— $6 $$ $— $12 $12 
Finance revenues7 11 22 22 14 18 43 41 
Other expense, net — 2  — 3 
     Total lease revenue$7 $11 $30 $28 $14 $18 $58 $56 
_______________________
(A) Finance revenues consist primarily of interest income. Additional fees, such as late fees, are not material to our consolidated financial statements.