XML 18 R78.htm IDEA: XBRL DOCUMENT v3.2.0.727
SUPPLEMENTAL CONSOLIDATING DATA (Statement of Cash Flows) (Details 3) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2015
Jul. 31, 2014
Cash Flows from Operating Activities        
Net income $ 511.7 $ 850.9 $ 1,589.4 $ 2,513.5
Adjustments to reconcile net income to net cash provided by (used for) operating activities:        
Provision for credit losses     35.4 29.6
Provision for depreciation and amortization     1,029.2 957.4
Impairment charges       62.3
Undistributed earnings of unconsolidated subsidiaries and affiliates     (5.2) (2.3)
Provision (credit) for deferred income taxes     73.0 (249.1)
Changes in assets and liabilities:        
Trade receivables     (598.0) (1,679.3)
Insurance receivables     333.4 35.5
Inventories     (941.5) (1,102.9)
Accounts payable and accrued expenses     (594.6) (313.6)
Accrued income taxes payable/receivable     (58.1) 207.3
Retirement benefits     293.4 215.0
Other     (12.3) (51.9)
Net cash provided by operating activities     1,191.8 682.1
Cash Flows from Investing Activities        
Proceeds from maturities and sales of marketable securities     833.0 718.7
Proceeds from sales of equipment on operating leases     773.7 803.3
Proceeds from sales of businesses, net of cash sold     149.2 339.8
Purchases of marketable securities     (100.8) (585.5)
Purchases of property and equipment     (461.4) (640.9)
Cost of equipment on operating leases acquired     (1,355.7) (1,049.5)
Other     (23.4) (75.6)
Net cash provided by (used for) investing activities     169.6 (1,567.3)
Cash Flows from Financing Activities        
Increase (decrease) in total short-term borrowings     1,805.2 (76.7)
Proceeds from long-term borrowings     3,639.8 6,672.2
Payments of long-term borrowings     (3,980.1) (4,079.8)
Proceeds from issuance of common stock     170.4 138.8
Repurchases of common stock     (1,833.9) (1,631.1)
Dividends paid     (617.9) (568.6)
Excess tax benefits from share-based compensation     18.5 28.5
Other     (56.9) (50.4)
Net cash provided by (used for) financing activities     (854.9) 432.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents     (162.7) (17.0)
Net Increase (Decrease) in Cash and Cash Equivalents     343.8 (469.3)
Cash and Cash Equivalents at Beginning of Period     3,787.0 3,504.0
Cash and Cash Equivalents at End of Period 4,130.8 3,034.7 4,130.8 3,034.7
Equipment Operations        
Cash Flows from Operating Activities        
Net income 511.7 850.9 1,589.4 2,513.5
Adjustments to reconcile net income to net cash provided by (used for) operating activities:        
Provision for credit losses     2.1 3.2
Provision for depreciation and amortization     605.6 592.2
Impairment charges       62.3
Undistributed earnings of unconsolidated subsidiaries and affiliates     (4.9) (303.2)
Provision (credit) for deferred income taxes     (39.6) (216.6)
Changes in assets and liabilities:        
Trade receivables     37.2 151.8
Inventories     (473.2) (604.4)
Accounts payable and accrued expenses     (113.4) 13.3
Accrued income taxes payable/receivable     (82.9) 181.5
Retirement benefits     282.1 203.2
Other     145.8 168.4
Net cash provided by operating activities     1,948.2 2,765.2
Cash Flows from Investing Activities        
Proceeds from maturities and sales of marketable securities     700.1 700.1
Proceeds from sales of businesses, net of cash sold       339.8
Purchases of marketable securities     (49.1) (504.1)
Purchases of property and equipment     (458.1) (639.5)
Other     2.2 (103.0)
Net cash provided by (used for) investing activities     195.1 (206.7)
Cash Flows from Financing Activities        
Increase (decrease) in total short-term borrowings     318.5 537.2
Change in intercompany receivables/payables     447.2 (1,442.7)
Proceeds from long-term borrowings     6.7 7.0
Payments of long-term borrowings     (147.1) (757.2)
Proceeds from issuance of common stock     170.4 138.8
Repurchases of common stock     (1,833.9) (1,631.1)
Dividends paid     (617.9) (568.6)
Excess tax benefits from share-based compensation     18.5 28.5
Other     (38.1) (21.4)
Net cash provided by (used for) financing activities     (1,675.7) (3,709.5)
Effect of Exchange Rate Changes on Cash and Cash Equivalents     (129.7) (17.3)
Net Increase (Decrease) in Cash and Cash Equivalents     337.9 (1,168.3)
Cash and Cash Equivalents at Beginning of Period     2,569.2 3,023.3
Cash and Cash Equivalents at End of Period 2,907.1 1,855.0 2,907.1 1,855.0
Financial Services        
Cash Flows from Operating Activities        
Net income 153.4 162.3 480.0 452.2
Adjustments to reconcile net income to net cash provided by (used for) operating activities:        
Provision for credit losses     33.3 26.4
Provision for depreciation and amortization     503.2 417.8
Undistributed earnings of unconsolidated subsidiaries and affiliates     (0.8) (1.4)
Provision (credit) for deferred income taxes     112.6 (32.5)
Changes in assets and liabilities:        
Insurance receivables     333.4 35.5
Accounts payable and accrued expenses     (322.3) 4.1
Accrued income taxes payable/receivable     24.8 25.8
Retirement benefits     11.3 11.8
Other     (25.5) (37.0)
Net cash provided by operating activities     1,150.0 902.7
Cash Flows from Investing Activities        
Collections of receivables (excluding trade and wholesale)     12,516.5 12,618.3
Proceeds from maturities and sales of marketable securities     132.9 18.6
Proceeds from sales of equipment on operating leases     773.7 803.3
Proceeds from sales of businesses, net of cash sold     149.2  
Cost of receivables acquired (excluding trade and wholesale)     (12,063.2) (13,802.5)
Purchases of marketable securities     (51.7) (81.4)
Purchases of property and equipment     (3.3) (1.4)
Cost of equipment on operating leases acquired     (1,988.6) (1,723.2)
Increase in trade and wholesale receivables     (924.0) (2,055.6)
Other     (22.1) (26.7)
Net cash provided by (used for) investing activities     (1,480.6) (4,250.6)
Cash Flows from Financing Activities        
Increase (decrease) in total short-term borrowings     1,486.7 (613.9)
Change in intercompany receivables/payables     (447.2) 1,442.7
Proceeds from long-term borrowings     3,633.1 6,665.2
Payments of long-term borrowings     (3,833.0) (3,322.6)
Dividends paid     (479.6) (150.0)
Other     9.5 25.2
Net cash provided by (used for) financing activities     369.5 4,046.6
Effect of Exchange Rate Changes on Cash and Cash Equivalents     (33.0) 0.3
Net Increase (Decrease) in Cash and Cash Equivalents     5.9 699.0
Cash and Cash Equivalents at Beginning of Period     1,217.8 480.8
Cash and Cash Equivalents at End of Period $ 1,223.7 $ 1,179.8 $ 1,223.7 $ 1,179.8