FINANCING RECEIVABLES (Tables)

9 Months Ended

Jul. 31, 2011

FINANCING RECEIVABLES

Age Analysis of Past Due and Non-Performing Financing Receivables

	July 31, 2011
	30-59 Days Past Due		60-89 Days Past Due		90 Days or Greater Past Due *		Total Past Due
Retail Notes:
Agriculture and turf	$	94	$	64	$	25	$	183
Construction and forestry	49		25		13		87
Other:
Agriculture and turf	25		11		21		57
Construction and forestry	13		4		6		23
Total	$	181	$	104	$	65	$	350

* Financing receivables that are 90 days or greater past due and still accruing finance income.

	Total Past Due		Total Non- performing		Current		Total Financing Receivables
Retail Notes:
Agriculture and turf	$	183	$	160	$	13,772	$	14,115
Construction and forestry	87		19		1,222		1,328
Recreational products					4		4
Other:
Agriculture and turf	57		17		5,650		5,724
Construction and forestry	23		8		933		964
Total	$	350	$	204	$	21,581	22,135
Less allowance for doubtful receivables							217
Total financing receivables - net							$	21,918

Analysis of the Allowance for Doubtful Financing Receivables and Investment in Financing Receivables

	Three Months Ended
	July 31, 2011
	Retail Notes		Revolving Charge Accounts		Other		Total
Allowance:
Balance, beginning of period	$	143	$	44	$	34	$	221
Provision (credit)	(3)		3		3		3
Write-offs	(4)		(11)		(2)		(17)
Recoveries	2		6		1		9
Other changes *	1						1
Balance, end of period	$	139	$	42	$	36	$	217
	Nine Months Ended
	July 31, 2011
Allowance:
Balance, beginning of period	$	144	$	44	$	37	$	225
Provision	5		8		2		15
Write-offs	(24)		(31)		(6)		(61)
Recoveries	9		21		1		31
Other changes *	5				2		7
Balance, end of period	$	139	$	42	$	36	$	217
Balance individually evaluated	$	1			$	2	$	3
Balance collectively evaluated	$	138	$	42	$	34	$	214
Financing receivables:
Balance, end of period	$	15,447	$	2,532	$	4,156	$	22,135
Balance individually evaluated	$	17			$	11	$	28
Balance collectively evaluated	$	15,430	$	2,532	$	4,145	$	22,107
*    Primarily translation adjustments.

Analysis of the Impaired Financing Receivables

	July 31, 2011
	Recorded Investment		Unpaid Principal Balance		Specific Allowance		Average Recorded Investment
Receivables with specific allowance: *
Retail notes	$	2	$	2	$	1	$	2
Operating loans	2		2		2		4
Wholesale notes							1
Financing leases	1		1				1
Total	5		5		3		8
Receivables without a specific allowance:
Retail notes	12		12				11
Financing leases	1		1				1
Total	$	18	$	18	$	3	$	20
Agriculture and turf	$	10	$	10	$	3	$	12
Construction and forestry	$	8	$	8			$	8

* Finance income recognized was not material.