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ORGANIZATION AND CONSOLIDATION (Tables)
9 Months Ended
Jul. 31, 2012
ORGANIZATION AND CONSOLIDATION  
Schedule of Assets and Liabilities of Blended Fertilizer and Other Lawn Care Products Variable Interest Entity

The assets and liabilities of this supplier VIE consisted of the following in millions of dollars:

 

 

 

July 31
2012

 

 

October 31
2011

 

 

July 31
2011

 

 

Cash and cash equivalents

 

$

29

 

 

$

11

 

 

$

7

 

 

Intercompany receivables

 

13

 

 

14

 

 

14

 

 

Inventories

 

45

 

 

30

 

 

36

 

 

Property and equipment - net

 

3

 

 

3

 

 

4

 

 

Other assets

 

5

 

 

3

 

 

7

 

 

Total assets

 

$

95

 

 

$

61

 

 

$

68

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term borrowings

 

$

3

 

 

 

 

 

 

 

 

Accounts payable and accrued expenses

 

81

 

 

$

56

 

 

$

64

 

 

Total liabilities

 

$

84

 

 

$

56

 

 

$

64