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Short-Term External Borrowings (Tables)
12 Months Ended
Oct. 29, 2023
Short-Term External Borrowings  
Short-Term Borrowings and Weighted-average Interest Rates

Our short-term external borrowings at October 29, 2023 and October 30, 2022 consisted of the following:

    

2023

    

2022

 

Commercial paper and other notes payable

$

6,836.1

$

2,402.3

Securitization borrowings

 

6,995.2

 

5,710.9

Current maturities of long-term external borrowings *

 

6,059.9

 

5,989.6

Total

$

19,891.2

$

14,102.8

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

The weighted-average interest rates at October 29, 2023 and October 30, 2022, were:

    

2023

    

2022

Commercial paper and other notes payable

5.6%

3.4%

Securitization borrowings

4.7%

2.8%