COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Jul. 31, 2022

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 was as follows in millions of dollars:

	Three Months Ended				Nine Months Ended
	July 31		August 1		July 31		August 1
	2022		2021		2022		2021
Beginning of period balance	$	2,095	$	1,876	$	2,086	$	1,743
Payments		(240)		(209)		(657)		(626)
Amortization of premiums received		(70)		(66)		(200)		(193)
Accruals for warranties		358		299		762		794
Premiums received		103		96		277		258
Foreign exchange		(10)		(2)		(32)		18
End of period balance	$	2,236	$	1,994	$	2,236	$	1,994