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LEASES
12 Months Ended
Oct. 31, 2012
LEASES  
LEASES

21. LEASES

 

At October 31, 2012, future minimum lease payments under capital leases amounted to $57 million as follows: 2013 — $28, 2014 — $17, 2015 — $4, 2016 — $2, 2017 — $2 and later years $4. Total rental expense for operating leases was $215 million in 2012, $175 million in 2011 and $189 million in 2010. At October 31, 2012, future minimum lease payments under operating leases amounted to $462 million as follows: 2013 — $148, 2014 — $108, 2015 — $74, 2016 — $45, 2017 — $30 and later years $57.