TOTAL SHORT-TERM BORROWINGS (Tables)

12 Months Ended

Oct. 31, 2013

TOTAL SHORT-TERM BORROWINGS

Short-Term Borrowings

Total short-term borrowings at October 31 consisted of the following in millions of dollars:

	2013			2012
Equipment Operations
Commercial paper				$	146
Notes payable to banks	$	259		84
Long-term borrowings due within one year	821			195
Total	1,080			425
Financial Services
Commercial paper	3,162			1,061
Notes payable to banks	139			117
Long-term borrowings due within one year	4,408		*	4,790		*
Total	7,709			5,968
Short-term borrowings	8,789			6,393
Financial Services
Short-term securitization borrowings	4,109			3,575
Total short-term borrowings	$	12,898		$	9,968

*  Includes unamortized fair value adjustments related to interest rate swaps.