PROPERTY AND DEPRECIATION (Tables)

12 Months Ended

Oct. 31, 2021

PROPERTY AND DEPRECIATION

Schedule of Property and Equipment

A summary of property and equipment at October 31, 2021 and November 1, 2020 in millions of dollars follows:

	Useful Lives*
	(Years)	2021		2020
Equipment Operations
Land		$	293	$	282
Buildings and building equipment	22		4,287		4,114
Machinery and equipment	11		6,123		5,936
Dies, patterns, tools, etc.	8		1,679		1,662
All other	5		1,165		1,115
Construction in progress			527		440
Total at cost			14,074		13,549
Less accumulated depreciation			8,291		7,771
Total			5,783		5,778
Financial Services
Land			4		4
Buildings and building equipment	26		65		65
All other	6		32		34
Total at cost			101		103
Less accumulated depreciation			64		64
Total			37		39
Property and equipment - net		$	5,820	$	5,817

*    Weighted-averages