LONG-TERM BORROWINGS (Tables)

9 Months Ended

Jul. 30, 2023

LONG-TERM BORROWINGS

Long-Term Borrowings

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

	July 30		October 30		July 31
	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)						510
1.375% notes due 2024 (€800 principal)				797		816
1.85% notes due 2028 (€600 principal)		659		598		612
2.20% notes due 2032 (€600 principal)		659		598		612
1.65% notes due 2039 (€650 principal)		713		648		663
Serial issuances
Medium-term notes: (principal as of: July 30, 2023 - $30,348, October 30, 2022 - $25,629, July 31, 2022 - $22,983)		29,355		24,604		22,593
Other notes and finance lease obligations		1,605		1,223		1,191
Less debt issuance costs and debt discounts		(129)		(122)		(115)
Long-term borrowings	$	38,112	$	33,596	$	32,132

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.