COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Jan. 31, 2016

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:

	Three Months Ended
	January 31
	2016		2015
Beginning of period balance	$	1,261	$	1,234
Payments		(196)		(178)
Amortization of premiums received		(47)		(41)
Accruals for warranties		182		181
Premiums received		44		45
Foreign exchange		(5)		(24)
End of period balance	$	1,239	$	1,217