TOTAL SHORT-TERM BORROWINGS (Tables)

6 Months Ended

May 02, 2021

TOTAL SHORT-TERM BORROWINGS

Short-Term Borrowings

Total short-term borrowings were as follows in millions of dollars:

	May 2		November 1		May 3
	2021		2020		2020
Equipment Operations
Commercial paper					$	466
Notes payable to banks	$	122	$	192		439
Finance lease obligations due within one year		24		21		13
Long-term borrowings due within one year		206		79		480
Total		352		292		1,398
Financial Services
Commercial paper		2,259		1,238		2,958
Notes payable to banks		89		182		236
Long-term borrowings due within one year		7,211		6,870		6,587
Total		9,559		8,290		9,781
Short-term borrowings		9,911		8,582		11,179
Short-term securitization borrowings
Equipment Operations		14		26		37
Financial Services		4,092		4,656		4,603
Total		4,106		4,682		4,640
Total short-term borrowings	$	14,017	$	13,264	$	15,819