Long-Term External Borrowings (Tables)

9 Months Ended

Jul. 31, 2022

Long-Term External Borrowings

Long-Term Borrowings

Long-term external borrowings of the Company at July 31, 2022, October 31, 2021, and August 1, 2021 consisted of the following (in millions of dollars):

	July 31		October 31		August 1
	2022		2021		2021
Senior Debt:
Medium-term notes	$	20,450.3	$	20,649.2	$	20,174.1
Other notes		2.9		15.6		19.8
Total senior debt		20,453.2		20,664.8		20,193.9
Unamortized debt discount and debt issuance costs		(59.6)		(57.5)		(57.2)
Total	$	20,393.6	$	20,607.3	$	20,136.7

Medium-term notes are primarily offered by prospectus and issued at fixed and variable rates. The medium-term notes in the table above include unamortized fair value adjustments related to interest rate swaps. The principal balances of the medium-term notes were $20,796.7 million, $20,378.2 million, and $19,722.5 million at July 31, 2022, October 31, 2021, and August 1, 2021, respectively, and have serial maturity dates from 2023 through 2032. All outstanding medium-term notes and other notes in the table above are senior unsecured borrowings and generally rank equally with each other.