COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Oct. 31, 2016

COMMITMENTS AND CONTINGENCIES

Reconciliation of the Changes in Warranty Liability and Unearned Premiums

A reconciliation of the changes in the warranty liability and unearned premiums in millions of dollars follows:

	Warranty Liability/
	Unearned Premiums
	2016		2015
Beginning of year balance	$	1,261	$	1,234
Payments		(783)		(779)
Amortization of premiums received		(202)		(161)
Accruals for warranties		758		810
Premiums received		181		209
Foreign exchange		11		(52)
End of year balance	$	1,226	$	1,261