XML 61 R42.htm IDEA: XBRL DOCUMENT v3.23.1
LONG-TERM BORROWINGS (Tables)
6 Months Ended
Apr. 30, 2023
LONG-TERM BORROWINGS  
Long-Term Borrowings

Long-term borrowings were as follows in millions of dollars:

April 30

October 30

May 1

  

2023

  

2022

  

2022

Underwritten term debt

               

               

               

U.S. dollar notes and debentures:

2.75% notes due 2025

$

700

$

700

$

700

6.55% debentures due 2028

 

200

 

200

 

200

5.375% notes due 2029

 

500

 

500

 

500

3.10% notes due 2030

700

700

700

8.10% debentures due 2030

 

250

 

250

 

250

7.125% notes due 2031

 

300

 

300

 

300

3.90% notes due 2042

 

1,250

 

1,250

 

1,250

2.875% notes due 2049

500

500

500

3.75% notes due 2050

850

850

850

Euro notes:

.5% notes due 2023 (€500 principal)

525

1.375% notes due 2024 (€800 principal)

797

840

1.85% notes due 2028 (€600 principal)

662

598

630

2.20% notes due 2032 (€600 principal)

662

598

630

1.65% notes due 2039 (€650 principal)

717

648

682

Serial issuances

Medium-term notes: (principal as of: April 30, 2023 - $27,428, October 30, 2022 - $25,629, May 1, 2022 - $23,247)

 

26,734

24,604

22,740

Other notes and finance lease obligations

 

1,707

 

1,223

 

1,266

Less debt issuance costs and debt discounts

(121)

(122)

(116)

Long-term borrowings

 

$

35,611

$

33,596

$

32,447

 

Medium-term notes serially due through 2032 are primarily offered by prospectus and issued at fixed and variable rates. These notes are presented in the table above with fair value adjustments related to interest rate swaps. All outstanding notes and debentures are senior unsecured borrowings and rank equally with each other.