Long-Term Borrowings (Tables)

12 Months Ended

Oct. 31, 2012

Long-Term Borrowings

Long-Term Borrowings

Long-term borrowings of the Company at October 31 consisted of the following (in millions of dollars):

	2012			2011
Senior Debt:
Medium-term notes due 2013-2023 (principal $13,759 - 2012, $10,372 - 2011):	$	14,230.3	*	$	10,687.7	*
Average interest rate of 1.5% - 2012, 2.0% - 2011
5.10% Debentures due 2013 ($650 principal):				678.8		*
Swapped $450 in 2011 to variable interest rate of 1.1% - 2011
2.75% Senior notes due 2022 ($500 principal):	518.4		*
Swapped $500 in 2012 to variable interest rate of 1.1% - 2012
Other notes	37.9			36.1
Total senior debt	14,786.6			11,402.6
Unamortized debt discount	(16.7		)	(13.0		)
Total **	$	14,769.9		$	11,389.6

*Includes unamortized fair value adjustments related to interest rate swaps.

**All interest rates are as of year-end.