PROPERTY AND DEPRECIATION (Tables)

12 Months Ended

Oct. 31, 2012

PROPERTY AND DEPRECIATION

Schedule of Property and Equipment

A summary of property and equipment at October 31 in millions of dollars follows:

	Useful Lives*
	(Years)	2012		2011
Equipment Operations
Land		$	137	$	117
Buildings and building equipment	23	2,584		2,430
Machinery and equipment	11	4,393		4,254
Dies, patterns, tools, etc	8	1,330		1,213
All other	6	819		731
Construction in progress		938		649
Total at cost		10,201		9,394
Less accumulated depreciation		5,250		5,107
Total		4,951		4,287
Financial Services
Land		4		4
Buildings and building equipment	27	70		71
All other	6	36		39
Total at cost		110		114
Less accumulated depreciation		49		49
Total		61		65
Property and equipment-net		$	5,012	$	4,352

* Weighted-averages