COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Oct. 31, 2014

COMMITMENTS AND CONTINGENCIES

Reconciliation of the Changes in Warranty Liability and Unearned Premiums

A reconciliation of the changes in the warranty liability and unearned premiums in millions of dollars follows:

	Warranty Liability/ Unearned Premiums
	2014		2013
Beginning of year balance	$	1,164	$	1,025
Payments	(792)		(736		)
Amortization of premiums received	(142)		(120		)
Accruals for warranties	797		821
Premiums received	228		170
Foreign exchange	(21)		4
End of year balance	$	1,234	$	1,164