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PROPERTY AND DEPRECIATION (Tables)
12 Months Ended
Oct. 29, 2017
PROPERTY AND DEPRECIATION  
Schedule of Property and Equipment

A summary of property and equipment at October 29, 2017 and October 30, 2016 in millions of dollars follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Lives*

 

 

 

 

 

 

 

 

  

(Years)

  

   2017   

  

   2016   

 

Equipment Operations

 

 

 

 

 

 

 

 

 

Land

 

 

 

$

122

 

$

119

 

Buildings and building equipment

 

22

 

 

3,396

 

 

3,230

 

Machinery and equipment

 

11

 

 

5,378

 

 

5,180

 

Dies, patterns, tools, etc.

 

 8

 

 

1,647

 

 

1,604

 

All other

 

 5

 

 

942

 

 

893

 

Construction in progress

 

 

 

 

358

 

 

370

 

Total at cost

 

 

 

 

11,843

 

 

11,396

 

Less accumulated depreciation

 

 

 

 

6,826

 

 

6,277

 

Total

 

 

 

 

5,017

 

 

5,119

 

Financial Services

 

 

 

 

 

 

 

 

 

Land

 

 

 

 

 4

 

 

 4

 

Buildings and building equipment

 

26

 

 

74

 

 

73

 

All other

 

 6

 

 

38

 

 

36

 

Total at cost

 

 

 

 

116

 

 

113

 

Less accumulated depreciation

 

 

 

 

65

 

 

61

 

Total

 

 

 

 

51

 

 

52

 

Property and equipment – net

 

 

 

$

5,068

 

$

5,171

 

*    Weighted-averages