XML 118 R98.htm IDEA: XBRL DOCUMENT v3.22.2.2
RECEIVABLES - Financing Receivables (Details)
$ in Millions
12 Months Ended
Oct. 30, 2022
USD ($)
item
Oct. 31, 2021
USD ($)
item
Nov. 01, 2020
USD ($)
Nov. 03, 2019
USD ($)
Financing receivables        
Allowance for credit losses $ 325 $ 166 $ 184 $ 150
Financing Receivables - Other Disclosures        
Maximum term for financing leases 7 years      
Unrestricted        
Financing receivables        
Financing leases (direct and sales-type) receivables, gross $ 2,832 2,879    
Total financing receivables 38,659 35,406    
Financing leases - unearned income 285 258    
Total unearned finance income 1,716 1,455    
Allowance for credit losses 309 152    
Financing receivables - net 36,634 33,799    
Securitized        
Financing receivables        
Total financing receivables 6,047 4,753    
Total unearned finance income 95 80    
Allowance for credit losses 16 14    
Financing receivables - net $ 5,936 $ 4,659    
Location of liability for pledged asset Short-term securitization borrowings Short-term securitization borrowings    
Related to Sales of Equipment | Unrestricted        
Financing receivables        
Sales-type leases receivables, gross $ 799      
Total financing receivables 5,780      
Sales-type leases - unearned income 67      
Total unearned finance income 212      
Financing receivables - net $ 5,568      
Related to Sales of Equipment | Unrestricted and Securitized        
Financing receivables        
Sales-type leases receivables, gross   $ 1,269    
Total financing receivables   6,201    
Sales-type leases - unearned income   98    
Total unearned finance income   268    
Financing receivables - net   5,933    
Financing Receivable | Geographic Concentration Risk | U.S. and Canada        
Financing Receivables - Other Disclosures        
Concentration of credit risk (as a percent) 85.00%      
Retail Notes | Unrestricted        
Financing receivables        
Financing receivables, gross $ 28,226 26,070    
Unearned finance income 1,358 1,131    
Retail Notes | Securitized        
Financing receivables        
Financing receivables, gross 6,047 4,753    
Unearned finance income 95 80    
Retail Notes | Related to Sales of Equipment | Unrestricted        
Financing receivables        
Financing receivables, gross 1,696      
Unearned finance income $ 133      
Retail Notes | Related to Sales of Equipment | Unrestricted and Securitized        
Financing receivables        
Financing receivables, gross   2,355    
Unearned finance income   159    
Retail Notes | Agriculture and Turf        
Financing Receivables - Other Disclosures        
Maximum term for notes 7 years      
Retail Notes | Agriculture and Turf | Unrestricted        
Financing receivables        
Financing receivables, gross $ 23,830 21,736    
Retail Notes | Agriculture and Turf | Securitized        
Financing receivables        
Financing receivables, gross 4,868 4,041    
Retail Notes | Agriculture and Turf | Related to Sales of Equipment | Unrestricted        
Financing receivables        
Financing receivables, gross $ 1,392      
Retail Notes | Agriculture and Turf | Related to Sales of Equipment | Unrestricted and Securitized        
Financing receivables        
Financing receivables, gross   1,977    
Retail Notes | Construction and Forestry        
Financing Receivables - Other Disclosures        
Maximum term for notes 5 years      
Retail Notes | Construction and Forestry | Unrestricted        
Financing receivables        
Financing receivables, gross $ 4,396 4,334    
Retail Notes | Construction and Forestry | Securitized        
Financing receivables        
Financing receivables, gross 1,179 712    
Retail Notes | Construction and Forestry | Related to Sales of Equipment | Unrestricted        
Financing receivables        
Financing receivables, gross 304      
Retail Notes | Construction and Forestry | Related to Sales of Equipment | Securitized        
Financing receivables        
Financing receivables - net   $ 10    
Location of liability for pledged asset   Short-term securitization borrowings    
Retail Notes | Construction and Forestry | Related to Sales of Equipment | Unrestricted and Securitized        
Financing receivables        
Financing receivables, gross   $ 378    
Wholesale Receivables        
Financing receivables        
Allowance for credit losses $ 4 $ 7 8 3
Financing Receivables - Other Disclosures        
Wholesale note turns | item 4 3    
Wholesale Receivables | Unrestricted        
Financing receivables        
Financing receivables, gross $ 3,285 $ 2,577    
Unearned finance income 12 11    
Wholesale Receivables | Related to Sales of Equipment | Unrestricted        
Financing receivables        
Financing receivables, gross 3,285      
Unearned finance income 12      
Wholesale Receivables | Related to Sales of Equipment | Unrestricted and Securitized        
Financing receivables        
Financing receivables, gross   2,577    
Unearned finance income   11    
Revolving Charge Accounts        
Financing receivables        
Allowance for credit losses 22 21 $ 43 $ 40
Revolving Charge Accounts | Unrestricted        
Financing receivables        
Financing receivables, gross 4,316 3,880    
Unearned finance income $ 61 $ 55