TOTAL SHORT-TERM BORROWINGS (Tables)

12 Months Ended

Oct. 28, 2018

Total short-term borrowings at October 28, 2018 and October 29, 2017 consisted of the following in millions of dollars:


	2018		2017
Equipment Operations
Notes payable to banks	$	464	$	221
Long-term borrowings due within one year		970		154
Total		1,434		375
Financial Services
Commercial paper		3,857		3,439
Notes payable to banks		344		157
Long-term borrowings due within one year*		5,427		6,064
Total		9,628		9,660
Short-term borrowings		11,062		10,035
Short-term securitization borrowings
Equipment Operations		75
Financial Services		3,882		4,119
Total		3,957		4,119
Total short-term borrowings	$	15,019	$	14,154

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