MARKETABLE SECURITIES (Tables)

12 Months Ended

Oct. 31, 2015

MARKETABLE SECURITIES

Amortized Cost and Fair Value of Marketable Securities

The amortized cost and fair value of marketable securities at October 31 in millions of dollars follow:

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
2015
Equity fund	$	38	$	5			$	43
U.S. government debt securities		79		3				82
Municipal debt securities		29		2				31
Corporate debt securities		121		4	$	1		124
International debt securities		48				1		47
Mortgage-backed securities*		108		3		1		110
Marketable securities	$	423	$	17	$	3	$	437
2014
Equity fund	$	39	$	6			$	45
Fixed income fund		10						10
U.S. government debt securities		806		3	$	1		808
Municipal debt securities		31		3				34
Corporate debt securities		167		7		2		172
Mortgage-backed securities*		145		3		2		146
Marketable securities	$	1,198	$	22	$	5	$	1,215

*Primarily issued by U.S. government sponsored enterprises.

Contractual Maturities of Debt Securities

The contractual maturities of debt securities at October 31, 2015 in millions of dollars follow:

	Amortized		Fair
	Cost		Value
Due in one year or less	$	51	$	50
Due after one through five years		88		91
Due after five through 10 years		99		101
Due after 10 years		40		42
Mortgage-backed securities		108		110
Debt securities	$	386	$	394