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LEASES
12 Months Ended
Oct. 31, 2013
LEASES  
LEASES

21. LEASES

 

At October 31, 2013, future minimum lease payments under capital leases amounted to $37 million as follows: 2014 – $23, 2015 – $5, 2016 – $4, 2017 – $2, 2018 – $1 and later years $2. Total rental expense for operating leases was $237 million in 2013, $215 million in 2012 and $175 million in 2011. At October 31, 2013, future minimum lease payments under operating leases amounted to $413 million as follows: 2014 – $130, 2015 – $95, 2016 – $61, 2017 – $45, 2018 – $34 and later years $48.