XML 27 R75.htm IDEA: XBRL DOCUMENT v2.4.0.8
SUPPLEMENTAL CONSOLIDATING DATA (Statement of Cash Flows) (Details 3) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Jul. 31, 2014
Jul. 31, 2013
Cash Flows from Operating Activities    
Net income $ 2,513.5 $ 2,730.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 29.6 14.0
Provision for depreciation and amortization 957.4 841.2
Impairment charges 62.3 50.4
Undistributed earnings of unconsolidated subsidiaries and affiliates (2.3) 7.8
Provision (credit) for deferred income taxes (249.1) (197.2)
Changes in assets and liabilities:    
Trade receivables (1,679.3) (2,240.5)
Insurance receivables 35.5 488.1
Inventories (1,102.9) (954.2)
Accounts payable and accrued expenses (313.6) (408.6)
Accrued income taxes payable/receivable 207.3 186.0
Retirement benefits 215.0 141.7
Other (51.9) (134.2)
Net cash provided by operating activities 682.1 587.8
Cash Flows from Investing Activities    
Proceeds from maturities and sales of marketable securities 718.7 636.7
Proceeds from sales of equipment on operating leases 803.3 692.3
Proceeds from sales of businesses, net of cash sold 339.8 22.0
Purchases of marketable securities (585.5) (899.7)
Purchases of property and equipment (640.9) (795.1)
Cost of equipment on operating leases acquired (1,049.5) (834.8)
Other (75.6) (127.7)
Net cash used for investing activities (1,567.3) (2,903.0)
Cash Flows from Financing Activities    
Increase (decrease) in total short-term borrowings (76.7) 2,012.9
Proceeds from long-term borrowings 6,672.2 3,772.7
Payments of long-term borrowings (4,079.8) (3,899.6)
Proceeds from issuance of common stock 138.8 162.4
Repurchases of common stock (1,631.1) (751.9)
Dividends paid (568.6) (556.3)
Excess tax benefits from share-based compensation 28.5 46.5
Other (50.4) (40.6)
Net cash provided by financing activities 432.9 746.1
Effect of Exchange Rate Changes on Cash and Cash Equivalents (17.0) 7.2
Net Decrease in Cash and Cash Equivalents (469.3) (1,561.9)
Cash and Cash Equivalents at Beginning of Period 3,504.0 4,652.2
Cash and Cash Equivalents at End of Period 3,034.7 3,090.3
Equipment Operations
   
Cash Flows from Operating Activities    
Net income 2,513.5 2,730.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 3.2 6.9
Provision for depreciation and amortization 592.2 550.5
Impairment charges 62.3 50.4
Undistributed earnings of unconsolidated subsidiaries and affiliates (303.2) (213.3)
Provision (credit) for deferred income taxes (216.6) (210.9)
Changes in assets and liabilities:    
Trade receivables 151.8 (64.5)
Inventories (604.4) (545.9)
Accounts payable and accrued expenses 13.3 313.3
Accrued income taxes payable/receivable 181.5 178.7
Retirement benefits 203.2 125.2
Other 168.4 (9.7)
Net cash provided by operating activities 2,765.2 2,911.3
Cash Flows from Investing Activities    
Proceeds from maturities and sales of marketable securities 700.1 600.2
Proceeds from sales of businesses, net of cash sold 339.8 22.0
Purchases of marketable securities (504.1) (810.4)
Purchases of property and equipment (639.5) (792.4)
Other (103.0) (97.4)
Net cash used for investing activities (206.7) (1,078.0)
Cash Flows from Financing Activities    
Increase (decrease) in total short-term borrowings 537.2 86.7
Change in intercompany receivables/payables (1,442.7) (2,097.2)
Proceeds from long-term borrowings 7.0 265.6
Payments of long-term borrowings (757.2) (174.8)
Proceeds from issuance of common stock 138.8 162.4
Repurchases of common stock (1,631.1) (751.9)
Dividends paid (568.6) (556.3)
Excess tax benefits from share-based compensation 28.5 46.5
Other (21.4) (26.6)
Net cash provided by financing activities (3,709.5) (3,045.6)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (17.3) (7.3)
Net Decrease in Cash and Cash Equivalents (1,168.3) (1,219.6)
Cash and Cash Equivalents at Beginning of Period 3,023.3 3,907.9
Cash and Cash Equivalents at End of Period 1,855.0 2,688.3
Financial Services
   
Cash Flows from Operating Activities    
Net income 452.2 407.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 26.4 7.1
Provision for depreciation and amortization 417.8 359.6
Undistributed earnings of unconsolidated subsidiaries and affiliates (1.4) (0.8)
Provision (credit) for deferred income taxes (32.5) 13.7
Changes in assets and liabilities:    
Insurance receivables 35.5 488.1
Accounts payable and accrued expenses 4.1 (437.5)
Accrued income taxes payable/receivable 25.8 7.3
Retirement benefits 11.8 16.4
Other (37.0) 12.9
Net cash provided by operating activities 902.7 874.7
Cash Flows from Investing Activities    
Collections of receivables (excluding trade and wholesale) 12,618.3 11,757.4
Proceeds from maturities and sales of marketable securities 18.6 36.5
Proceeds from sales of equipment on operating leases 803.3 692.3
Cost of receivables acquired (excluding trade and wholesale) (13,802.5) (13,598.3)
Purchases of marketable securities (81.4) (89.2)
Purchases of property and equipment (1.4) (2.7)
Cost of equipment on operating leases acquired (1,723.2) (1,386.5)
Increase in trade and wholesale receivables (2,055.6) (2,216.1)
Other (26.7) (89.8)
Net cash used for investing activities (4,250.6) (4,896.4)
Cash Flows from Financing Activities    
Increase (decrease) in total short-term borrowings (613.9) 1,926.2
Change in intercompany receivables/payables 1,442.7 2,097.2
Proceeds from long-term borrowings 6,665.2 3,507.0
Payments of long-term borrowings (3,322.6) (3,724.9)
Dividends paid (150.0) (186.0)
Other 25.2 45.4
Net cash provided by financing activities 4,046.6 3,664.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents 0.3 14.5
Net Decrease in Cash and Cash Equivalents 699.0 (342.3)
Cash and Cash Equivalents at Beginning of Period 480.8 744.3
Cash and Cash Equivalents at End of Period $ 1,179.8 $ 402.0